Day: May 29, 2023

Ghana

Ghana is preparing for intense negotiations with Eurobond holders to finalize a deal on restructuring its investments by September. That aligns with the first review

Kosovo

NATO has reiterated its unwavering commitment to its KFOR peacekeeping force in Kosovo amid escalating tensions. The alliance spokesperson emphasized that all parties are obliged

Mongolia

Mongolia’s foreign trade balance in May decreased by 16.2% YoY, driven by a 5.1% reduction in exports and a 1.9% rise in imports. However, total

Kazakhstan

Russia and Kazakhstan have agreed to extend their oil transportation deal through to 2033, with an annual volume of 10 mln tons. The agreement signifies

Georgia

Georgia GDP increased by 7.7% YoY in Q1 2023, decelerating from a 9.7% growth in the previous quarter. The slower expansion was due to softer

Ukraine

The EU plans to propose a financial aid package of around EUR 50 bln to support Ukraine as it embarks on a counteroffensive to retake

Malaysia

Malaysia trade surplus widened to 15.4 billion ringgit in May, up from 12.7 billion in the previous year. Exports fell by 0.7%, marking the third

China

Meanwhile, following a meeting with US secretary of state Anthony Blinken, Chinese president Xi Jinping expressed positivity regarding the progress in stabilizing Sino-US ties. The

China

The People’s Bank of China (PBoC) has cut two key lending rates for the first time since August 2022 to boost growth. The one-year prime