Colombia
Colombia’s president-elect Gustavo Petro spoke to Venezuela’s government about reopening the border between the two countries, likely ending a long diplomatic impasse. Venezuela’s president Nicolas
June 23, 2022
Colombia’s president-elect Gustavo Petro spoke to Venezuela’s government about reopening the border between the two countries, likely ending a long diplomatic impasse. Venezuela’s president Nicolas
According to Fitch, the Dominican Republic can finance its aggressive fuel and food subsidies without putting the country’s credit rating at risk due to a
South Africa’s annual inflation accelerated to 6.5% in May, up from 5.9 in April, exceeding the central bank’s target range for the first time in
The UN has called for a massive scale-up in resources to save Somalia from famine. The UN’s humanitarian coordinator for Somalia warned that the situation
The World Bank approved a $2.3bln program to help countries in eastern and southern Africa increase their ability to deal with the spreading food stress
Saudi Arabia plans to lead investments worth $30bln in Egypt. The investments are aimed at infrastructure, logistical services, agriculture and renewable energy. Fourteen investment agreements
A strike by government workers in North Macedonia disrupted services over a pay dispute between unions and the country’s center-left government, fueled by high inflation.
Mongolia’s central bank raised its key interest rate for the third time this year by 100bps to 10%, as the country tries to control the
The central bank of Georgia left its key interest rate on hold at 11%. The central bank commented that inflation was on the rise due
Chinese president Xi Jinping was critical of the sanctions that have been imposed on Russia as they have stoked global economic pain. The Chinese President
Sri Lanka’s PM said his country’s economy has ‘ completely collapsed’, leaving it unable to buy imported fuel. The nation is facing a far more
India’s rupee may extend its decline to a record low of 81 per USD by year-end due to the rising prices of crude oil and
The World Bank, three international banks and two agencies pledged to provide $2.2bln in official development assistance and preferential loans for twenty sustainable development projects