Georgia
Paraguay’s inflation rate increased by 4.2%YoY in June, lower than the 5.1% increase observed in May. Monthly, consumer prices decreased by 0.3%, compared to no
June 13, 2023
Paraguay’s inflation rate increased by 4.2%YoY in June, lower than the 5.1% increase observed in May. Monthly, consumer prices decreased by 0.3%, compared to no
Costa Rica reported a current account deficit of USD 273.8 mln in Q1 2023, a significant reduction from the USD 1.04 bln deficit from the
Carry traders betting on emerging-market currencies have been accumulating returns this year. A Bloomberg index measuring carry-trade returns from eight emerging markets, funded by short
Meanwhile, the South African central bank predicts prolonged higher interest rates due to persistent inflation. The MPC raised the benchmark rate by 475 bps since
South Africa is intensifying efforts to get removed from the Financial Action Task Force’s (FATF) gray list, which includes countries with deficiencies in combatting illicit
Namibia’s GDP registered a 5% YoY increase in Q1 2023, the eighth consecutive quarter of growth and the strongest since Q2 2022, mainly driven by
Morocco’s GDP rose 3.5% YoY in Q1 2023, primarily driven by external demand and an improved financing capacity of the national economy. Exports surged by
Amid increasing international pressure on the Lebanese government, Hezbollah has dismantled one of its two military posts erected within Israeli territory, according to Israeli officials.
Jordan’s foreign minister, Ayman Safadi, urged international investment into Syria’s devastated infrastructure to accelerate the return of refugees. Jordan, hosting approximately 1.3 mln Syrian refugees
Last week, the EC announced the initiation of a new financial package worth USD 2.1 bln for the Western Balkans. This funding aims to support
A slew of data from the CIS revealed that inflation in Kazakhstan rose by 14.6% YoY in June. Conversely, inflation in Georgia fell by 0.7%
The EC has frozen USD 207 bln of Russian assets. The EC commissioner for justice stated that discussions are ongoing regarding the possibility of using
Ukraine’s forces claim to have recaptured 37 km2 of territory from Russia along the eastern and southern fronts, as reported by the deputy defense minister.
Sri Lanka’s foreign creditors are reportedly open to restructuring its debt, adhering to the IMF criteria for sustainability. Sri Lanka will hold bilateral talks on
US treasury secretary Janet Yellen plans a Beijing visit from July 6-9, the second recent cabinet member trip to China, amid a bid to mend
Bangladesh’s trade deficit contracted by 44 YoY in May. The deficit narrowed to USD 17.16 bln in the first eleven months of FY23. Exports saw
Crude oil prices remained stable around USD 70 per barrel on Tuesday as markets assessed the impact of extended output cuts from Saudi Arabia and