Mexico
Mexico recorded a trade deficit of $2.2bln in May from a $390mln deficit in the previous year. Exports rose 22.4% from a year earlier to
June 28, 2022
Mexico recorded a trade deficit of $2.2bln in May from a $390mln deficit in the previous year. Exports rose 22.4% from a year earlier to
Paraguay’s central bank forecasts the country’s GDP growth at 0.2% in 2022. The country’s GDP growth contracted 2% YoY in the first quarter of this
On Monday, the central bank of Argentina ordered an adaptation of its foreign trade payment system which will put new limitations on import companies’ access
Russia’s president Putin assured Brazil’s president Jair Bolsonaro that Russia is ‘’committed to carrying out its obligations to guarantee uninterrupted delivery of Russian fertilizers to
The G7 leaders pledged to raise $600bln over the next five years in private and public funds to finance infrastructure projects in Africa and counter
Zimbabwe’s central bank raised its benchmark interest rate to a record high of 200% from 80%. The central bank has increased its benchmark interest rate
Kenya may need to find alternative sources to finance its current budget due to a delay by the IMF in issuing a $238mln loan package
Egypt and Russia are working on allowing the use of Russia’s homegrown payment system MIR in Egyptian Red Sea resorts. The move comes after western
Libya’s state-owned company said it may suspend its oil exports from the Gulf of Sirte in the next three days amid a worsening political crisis.
The World Bank will provide a $250mln loan package to fund Morocco’s North-East Economic Development Project. The project aims to boost economic growth, create job
Bosnia and Herzegovina’s inflation rate advanced 14.4% YoY in May from 13.2% in April, its highest level on record. Food and non-alcoholic beverages prices rose
Russia’s president Putin will leave his country for the first time since the invasion began by visiting Tajikistan and later travelling to Turkmenistan. Tajikistan, a
Russia announced it would deliver missiles capable of carrying nuclear warheads to its close ally Belarus in the coming months. The G7 expressed serious concerns
The Russian ruble crossed the 53 per USD level, weakening from the seven-year high of 49.5 per USD as Russia defaulted on its sovereign debt
The S&P changed Malaysia’s outlook to stable from negative and affirmed its rating at ‘A-’. The stable outlook reflects the expectations that the country’s steady
Pakistan signed an agreement with the French government for the suspension of its $107mln loans. The $107mln loans, initially repayable between July and December 2021,
Sri Lanka’s finance minister said that his country ran out of petrol and diesel after several expected shipments got delayed. The finance minister noted that
India’s finance minister defended his country’s increased purchases of discounted Russian oil, saying that his government is simply doing what is best for its economy.
The S&P 500 futures fell 0.1% and Nasdaq 100 futures dropped 0.3%. US 10Y treasury yields held at 3.17%. Crude oil rose 1.2% to $111