Argentina
According to the IMF, Argentina faces the prospect of a 90% inflation rate by year-end, the fastest pace since hyperinflation three decades ago, and the
July 18, 2022
According to the IMF, Argentina faces the prospect of a 90% inflation rate by year-end, the fastest pace since hyperinflation three decades ago, and the
Zimbabwe’s central bank’s financial intelligence unit will meet with retailers and manufacturers to address price increases being slapped on consumer goods. The meeting comes against
Zambia is in talks with official creditors led by China and France to unlock a $1.4bln bailout package from the IMF. Meanwhile, the World Bank
Nigeria’s annual inflation rate accelerated to 18.8% in June from 17.71% in May. The country imports many key goods and services and the USD shortage
Tanzania signed an MOU with investment companies to build the largest industrial park in Sub-Saharan Africa, worth $3bln. The new Sino-Tanzania Industrial Park, expected to
EBRD will lend €500mln to support Serbia’s state-controlled railway infrastructure. The loan will help finance the country’s most vital 228km railroad connecting Belgrade, the capital,
North Macedonia will hold its first intergovernmental conference with the EU on Tuesday, just three days after the country’s parliament, in the absence of the opposition,
On Friday, Moldova received around €600mln in pledges at a donor conference to help the country with the fallout caused by the war. The war caused more
Ukraine recorded inflation of 21.5% in June, despite the central bank doubling interest rates to 25% since the start of June. Inflationary pressures in Ukraine are
On Friday, Russia central bank acknowledged that the economic impact of the sanctions has been milder than expected, with a record high current account surplus.
On Friday, PM Ranil Wickremesinghe was sworn in as Sri Lanka’s interim president until parliament elects a successor to Gotabaya Rajapaksa within seven days. On
India’s annual wholesale inflation rate slightly fell to 15.18% in June from 15.88% in May, the lowest reading since February and below market estimates of
China’s economy grew 0.4% YoY in Q2 2022, decelerating sharply from a 4.8% growth in Q1 2022. The latest figures underlined severe disruptions brought by
Germany’s Uniper SE started consuming gas it was storing for the winter after Russia cut deliveries to Europe. Uniper’s deputy chairman Herald Seegatz said ‘’it