China
According to the bank of China, the country’s economy will expand by 3.2% to 6% in Q3 2022 due to strengthening domestic demand. GDP expanded
July 6, 2022
According to the bank of China, the country’s economy will expand by 3.2% to 6% in Q3 2022 due to strengthening domestic demand. GDP expanded
The Colombian peso weakened more than 1% against the USD, as the USD strengthened against most of the emerging-market currencies. The price of crude oil,
Brazil’s trade surplus shrank to $8.8 bln in June from $10.4 bln in June 2021, falling below market expectations of $10 bln. Exports rose to
Zimbabwe’s central bank plans to sell gold coins to the public starting on 25 July to stabilize the nation’s tumbling currency and offer an alternative
Zambia began the construction of a $300 mln pipeline that will bring diesel into the country from Tanzania. An official said that ‘ in a
Uganda’s central bank increased its benchmark interest rate by 100bps to 8.5% as the country seeks to curb surging inflation that has sparked a wave
The World Bank agreed to subsidize urban transport users in Mozambique after bus operators paralyzed the country on Monday, demanding fare increases to compensate for
The World Bank will provide a $130mln loan package to help Tunisia finance imports of cereal products. This comes after the World Bank approved another
Serbia is expected to constitute a new parliament by end of July after the general election, which took place on 3 April, was finally concluded.
On Tuesday, Russian foreign minister Sergey Lavrov met with leaders in Mongolia during a trip to Asia to seek support amid his country’s diplomatic isolation
Kazakhstan banned the exports of gasoline, diesel, and some other petroleum products by road for another six months. Meanwhile, the latest Kazakh PMI print edged
Tass reported that Russia reached deals to export grain from Ukraine’s Zaporizhzhia region to countries including Iraq, Iran, and Saudi Arabia. Meanwhile, according to Bloomberg,
Russia’s deputy PM Yury Trutnev said that his economy could lose up to 1.5tln rubles due to bottlenecks on eastern railways. The redirection of freight
Philippines’s annual inflation rate surged to a four-year high of 6.1% in June from 5.4% in May, exceeding the market consensus of 5.9%. The latest
Sri Lanka, which has run out of USD to purchase fuel and is printing rupees to pay local salaries, aims to stop injecting local currency