Day: July 5, 2022

Argentina

Argentina’s president Alberto Fernandez assigned leftist economist Silvina Batakis as the country’s new economy minister after her predecessor’s resignation deepened a political crisis that has

South Africa

South Africa’s national treasury is seeking to hire a legal firm to advise it on how to reorganize the $24bln debt burden held by national

Angola

Angola’s economy expanded by 2.6% YoY in Q1 2022 from 2.4% in Q4 2021, the fourth consecutive quarter of expansion and the fastest pace since

Uganda

Uganda’s central bank called for an unscheduled monetary policy meeting on Tuesday, following the release of a report showing that core inflation exceeded the central

Tunisia

On Monday, Tunisia began talks with the IMF over a possible $2bln loan package. The talks follow the recent completion of technical discussions between the

Africa

Protests in North Macedonia’s capital continued for the third day in a row against the French proposal for solving the dispute with Bulgaria, which is

Belarus

The UK is expanding economic, trade, and transport sanctions imposed against Belarus for the latter’s continued active facilitation of Russia’s invasion of Ukraine, including import and export

Ukraine

Ukraine’s PM said that his country’s recovery plan is already estimated at $750bln, and ‘confiscation of Russian assets is an important source of financing the

Russia

Russia’s seaborne crude oil exports increased by 23% in the first week of July, recovering most of the volume lost over the previous seven days

Laos

Laos’s inflation rate surged to 23.6% YoY in June from 12.6% in April, the highest reading since May 2000. According to the country’s statistics bureau,

Thailand

Thailand’s annual inflation rose to a 14-year high of 7.66% in June from 7.1% in April, exceeding the market consensus of 7.45%. Meanwhile, the Thai

India

The World Bank approved a $1.75bln loan package to support India’s health sector and private sector investments. Out of the $1.75bln, $1bln will be provided

India

India’s trade deficit widened the most on record last month as high global commodity prices further raised the import costs of goods including oil and