Nigeria
The World Bank warned that the number of poor Nigerians would reach 95mln in 2022, mainly due to double-digit inflation. The bank said “despite the
July 8, 2022
The World Bank warned that the number of poor Nigerians would reach 95mln in 2022, mainly due to double-digit inflation. The bank said “despite the
China’s foreign exchange reserves declined by $56.5bln to $3.071tln in June, the lowest level since March 2020, mainly due to general USD strength amid aggressive
Peru’s central bank raised its benchmark interest rate by 50bps to 6%, the highest since 2009. The country’s annual inflation rate inched up to 8.81%
Mexico’s annual inflation rate rose to 7.99% in June from 7.65% in May, the highest reading since 2001. Core inflation, which excludes items such as
Brazil’s energy minister lifted a requirement imposed in the 1990s on all foreign trade activities involving lithium products to secure authorization from the National Nuclear
Tanzania’s annual inflation rate rose to 4% in May from 3.8% in April. Food and non-alcoholic beverages inflation declined to 5.5% in May from 6.6%
The Stanbic Kenya PMI fell to 46.8 in June from 48.2 in May, the third consecutive month of contraction in the country’s private sector and
On Thursday, clashes broke out in DR Congo’s eastern region between military forces and the M23 rebels, a day after the presidents of DR Congo
Serbia’s central bank raised its benchmark interest rate for a fourth month by 25bps to 2.75%, the highest level since July 2019. According to the
Belarus’ annual inflation rate accelerated to 17% in the first five months of this year. According to the Belarusian finance minister, the increase in prices
MEPs called on Serbia and Bosnia & Herzegovina to join with EU sanctions on Russia. While officially condemning Russia’s invasion of Ukraine, Serbia has so far refused to join international sanctions.
Ukraine’s foreign minister Dmytro Kuleba cast doubt on Russia’s pledge to unblock crop exports from the Black Sea ports. Kuleba said “Russia does not want
Ukraine’s foreign exchange reserves shrank by 9%, the lowest level in over two years. The blockade on the country’s grain and metal shipments significantly declined
Pakistan’s central bank raised its benchmark interest rate by 125bps to 15%. The country’s central bank said “ the interest rate hike aims to moderate
China’s ministry of finance is considering allowing local governments to sell 1.5tln yuan ($220bln) of special bonds in the second half of this year, an