Mexicos
Moody’s downgraded Mexico’s rating to ‘Baa2’ from ‘Baa1’ with a stable outlook. The agency said the country’s economic activity should remain constrained by weak investment prospects and
July 12, 2022
Moody’s downgraded Mexico’s rating to ‘Baa2’ from ‘Baa1’ with a stable outlook. The agency said the country’s economic activity should remain constrained by weak investment prospects and
Brazil’s president Bolsonaro said his country is close to securing a deal with Russia to buy diesel at a lower cost as part of a
Argentina’s central bank is in talks with private lenders about adding a put option to its local bonds that would compel the monetary authority to
The AfDB approved a $123mln loan to support Senegal’s emergency agricultural program. The funds will help small-scale farmers grow a targeted 38mln tons of wheat,
Rwanda’s annual inflation rate accelerated to 16.1% in June from 14.8% in May, the highest reading since 2009. Meanwhile, Rwandan leader Paul Kagame, who has
According to the National Bureau of Statistics (NBS), foreign direct investments (FDI) into Nigeria declined by about 81.5% to $1.57bln in Q1 2022 from $6.19bln
Moldova’s annual inflation rate accelerated to 31.8% in June from 29.1% in May, the highest reading since 2007. Meanwhile, expenditures rose by 17% YoY to
According to Intellinews, the excess debt Kyrgyzstan accumulated to China raised fears that the country may need to hand over lucrative assets if it fails to meet
Georgia’s central bank announced it will revise the country’s economic growth forecast upwards from 4.5%. Last week, the nation’s statistics office reported the economy grew
Ukraine’s government said it could use additional route tapping ports on the Danube River to move exports after Russian forces withdrew from Snake Island in
According to Russia’s central bank, the country’s current account surplus hit a record of $70.1bln in Q2 2022, the highest level since 1994, as surging
A Russian court overturned the ruling of a 30-day ban on the unloading of oil deliveries from the CPC in Kazakhstan. Since February, Kazakhstan faced
Sri Lanka’s government confirmed president Gotabaya Rajapaksa will resign amid reports that the president fled the country on Monday. A statement from the office of
India’s rupee declined 6.5% this year to a fresh record low of 79.4 per USD amid a stronger USD and continuous outflows from the nation’s