Day: February 3, 2023

Haiti

Top Caribbean leaders are expected to debate Haiti’s spiraling chaos and its impact on the region during a biannual meeting this week, with some complaining

Colombia

Colombian top central banker Leonardo Villar noted that Latin America’s major economies are likely to keep monetary policy tight for a prolonged period after overshooting

Zambia

Zambia’s finance minister criticized the prolonged discussions in the country’s debt restructuring, claiming that any inclusion of domestic bonds in the restructuring world ‘would risk

South Africa

South Africa declared a state of disaster to enable the government to accelerate its response to widespread floods. The announcement comes less than a week

Ghana

Fitch warned that Ghana’s ongoing Domestic Debt Exchange Program (DDEP) is likely to weigh on the balance sheet of commercial banks and consequently reduce credit

Ethiopia

A rebound in distressed government bonds in distressed countries, including Ethiopia, Lebanon, and Zambia, is helping emerging-market USD debt to its best start since 2019.

Jordan

Jordan’s inflation rate rose by 3.77% YoY in January from 4.36% in December. Monthly, consumer prices fell by 0.39%, down from a 0.13% rise in

Belarus

Moldovan President Sandu has called for heightened security and ‘maximum vigilance’ after she cited fresh intelligence detailing Russian attempts to destabilize her country and government.

Azerbaijan

Azerbaijan’s economy shrank by 1.5% YoY in January, as the oil and natural gas industry’s contribution dragged GDP growth, with oil production declining by 6.9%

Armenia

Fitch revised its outlook for Armenia from stable to positive while affirming the country’s rating at B+. Like Georgia earlier in the month, the rating

Ukraine

Moody’s lowered Ukraine’s rating to Ca from Caa2 on Friday, while it raised the outlook to stable from negative. The downgrade reflects the war’s ‘longer-term

Russia

According to Russian deputy PM Novak, the country plans to deliver over 80% of its crude oil exports and 75% of its petroleum products to

Pakistan

Pakistan’s economic coordination committee (ECC) approved the revised prices for domestic, commercial, and power sectors effective for six months starting from January. Authorities will impose

India

India’s inflation beat estimates in January, breaching the top-end of the central bank’s target for the first time in three months. The CPI rose 6.52%

China

US secretary of State Anthony Blinken is considering a meeting with China’s top diplomat, Wang Yi, at a security conference later this week, in what

Afghanistan

Taliban’s powerful interior minister Sirajuddin Haqqani has lambasted for the first time the group’s reclusive spiritual leader for monopolizing power and damaging their government in