Day: June 19, 2023

Peru

The Peruvian government has declared a 90-day national health emergency due to an unusual increase in Guillain-Barre syndrome cases, with 165 cases reported and four

Paraguay

Paraguayan president-elect Santiago Pena will be traveling to Taiwan and the UAE to strengthen bilateral relations. Pena plans to meet with Sheikh Mohammed Bin Zayed

Costa Rica

Costa Rica’s annual inflation rate declined by 1% in June, following a 0.9% rise in the prior month, marking the first decline in annual consumer

Bolivia

Bolivia’s central bank has approved rules to increase FX reserves by purchasing local gold. Finance minister Marcelo Montenegro revealed that the bank would buy local

Nigeria

Nigeria has sold USD 12.8 bln worth of bonds this year as of July 6, marking a 19% increase compared to the same period in

Egypt

Commercial International Bank SAE, the largest private bank in Egypt, has secured USD 250 mln in loans from the World Bank’s International Finance Corporation. The

Uzbekistan

Uzbekistan’s elections, held yesterday, would likely extend Shavkat Mirziyoyev’s presidency as no significant opposition candidate stands against him. Since succeeding Islam Karimov after he died

Mongolia

Mongolia’s inflation rate decreased to 10.6% in June, a significant drop from the ten-year high of 16.9% in June 2022. Contrarily, food prices increased by

Georgia

Tbilisi Pride was canceled over the weekend when a far-right mob disrupted the festival in the Georgian capital. This incident follows the cancellation of a

Azerbaijan

The Azeri foreign minister highlighted the recent intensification of negotiations between Azerbaijan and Armenia. Azerbaijani president Ilham Aliyev has held multiple meetings with Armenia’s PM,

Ukraine

US president Biden pledged to supply Ukraine with cluster munitions, a move that sparked unease among Western allies, including Canada and Spain. As Ukraine’s munitions

Vietnam

Vietnam’s PM is urging for a “more flexible” monetary policy to support businesses amid concerns that the country may miss its 6.5% growth target. The

Sri Lanka

Sri Lanka is in talks with the Asian Infrastructure Investment Bank (AIIB) to secure USD 220 mln of financing for its power sector, according to

China

US treasury secretary Janet Yellen, following her China trip, expressed an optimistic yet realistic stance. She assured Chinese officials that the US does not plan

Bangladesh

Bangladesh’s Eastern Bank and Sonali Bank plan to initiate trade transactions in Indian rupees to bolster FX reserves and cut reliance on the USD, in