Brazil
Brazil’s lower house passed president Bolsonaro’s 41.3bln reais ($7.6bln) aid package, allowing the government to bypass a constitutional spending cap. Separately, the Chilean Peso tumbled
Brazil’s lower house passed president Bolsonaro’s 41.3bln reais ($7.6bln) aid package, allowing the government to bypass a constitutional spending cap. Separately, the Chilean Peso tumbled
Argentina’s central bank held its benchmark interest rate at 52%, even as the annual inflation accelerated to 64% in June, the fastest pace in 30
The G20 is moving towards backing the formation of the Zambian creditors’ committee under its program to coordinate the restructuring of the country’s struggling loans.
The BankServAfrica Economic Transaction Index, which tracks South Africa’s interbank payments, climbed 3.9% in the second quarter from the first three months of the year,
Namibia’s annual inflation climbed to 6% in June from 5.4% in May, the highest reading since June 2017. Food and non-alcoholic prices jumped 7.0% YoY,
The World Bank approved a $300mln grant to support Mozambique’s economic foundations, alleviate fiscal constraints, strengthen budgetary institutions and support private-sector development.
Belarus’ central bank expanded the list of foreign currencies included in the basket used in exchange rate setting and decided to include the Chinese yuan
The EU is reaching a deal that would double its natural gas imports from Azerbaijan to more than 20bln cubic meters of gas annually over
The IMF said it expects that Ukraine will continue servicing its debt as it has been doing even in the face of the turmoil caused
A delegation of the Russian finance ministry confirmed it will participate in person in the G20 meeting of finance ministers. The G20 preliminary list of
On Thursday, Russian rockets hit an office building in Vinnytsia, a central province, killing at least 21 people and injuring more than 90 people. President
According to the World Bank, Vietnam should spend $370bln through 2040 to mitigate and adapt to climate change. The nation, with a population of about
On Thursday, Sri Lankan president Rajapaksa arrived in Singapore after fleeing months of anti-government protests that forced him to pledge to resign. Singapore’s ministry of
India’s central bank moved towards internationalizing its local currency by allowing settlements of exports and imports in rupees at a time when several Asian economies,
China explores ending a two-year ban on Australian coal as tensions begin to ease on concerns that supply may tighten when sanctions on Russian energy