Guatemala
In Guatemala, the top court upheld a ruling that prevents frontrunner Carlos Pineda from running for president, clearing the path for a former first lady
May 8, 2023
In Guatemala, the top court upheld a ruling that prevents frontrunner Carlos Pineda from running for president, clearing the path for a former first lady
Venezuelan President Nicolas Maduro, visiting Brazil, advocated for a “multi-polar” world, indicating a move away from US dominance. This visit signals a gradual warming towards
S&P has affirmed Zambia rating at SD and its local currency debt rating at CCC+. S&P points out that persistent delays in reaching an agreement
Bola Tinubu, Nigeria President-elect, was sworn into office on Monday, confronted with formidable challenges such as escalating debt, rising unemployment, and worsening security issues. Since
Kenya central bank held its benchmark interest rate at 9.5%, acknowledging that the effects of the monetary policy tightening implemented in March are still transmitting
Jordan industrial production significantly declined by 8.1% YoY in March, a dramatic shift from a 0.9% increase in the previous month. Both manufacturing and utilities
Turkish president Recep Erdogan emerged victorious in the elections, extending his rule beyond two decades, winning 52.2% of the votes against Kemal Kilicdaroglu’s 47.8%. Erdogan’s
Meanwhile, Serbian president Aleksandar Vucic resigned as the leader of his political party amid growing protests, although he remains the country’s president. His replacement is
Violent confrontations between local Serbian protesters, police, and NATO-led peacekeepers in Northern Kosovo resulted in numerous injuries. About 25 soldiers from the KFOR were injured
Kazakhstan central bank held its benchmark interest rate steady at 16.75%, considering potential rate cuts in the second half of 2023. Inflation forecasts were revised
Armenia economic activity expanded 12.1% YoY in May, albeit at a slower pace than the previous month. That was primarily due to a contraction in
Vietnam annual inflation rate hit a 14-month low of 2.43% in May, owing to a deceleration in food and transport prices. Core inflation also fell
The Asian Development Bank (ADB) approved a USD 350 mln loan for Sri Lanka Economic Stabilization Program, focusing on improving public financial management, boosting tax
The Philippines’ government budget surplus rose to 66.8 bln pesos in April, up from 4.9 bln a year earlier, marking the largest surplus since April
Malaysia’s annual inflation rate slightly decreased to 3.3% in April, meeting expectations. The slowdown was mainly driven by a slowdown in food and transport prices.