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The War Exposes African Economies to Fragility and Inflation
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1 Articles
Although so far the conflict in Iran has not had military implications on the African territory, the Continent is already suffering heavy economic consequences. Some dynamics are similar to those suffered at the global level: decrease in trade; imported inflation, including the sudden increase in gas and oil prices; reduction of growth prospects; difficulty to square the domestic budgets, already in distress due to the large continental debt, es…
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