Peru
Peru’s central bank confirmed a 0.5% YoY drop in GDP for Q2 2023, as anticipated by Scotiabank. A notable 3.0% drop in domestic demand exceeded
August 3, 2023
Peru’s central bank confirmed a 0.5% YoY drop in GDP for Q2 2023, as anticipated by Scotiabank. A notable 3.0% drop in domestic demand exceeded
Fitch stated that Bolivia’s final payment on its 2023 bond aligns with expectations but does not alleviate the financial vulnerabilities, such as reduced external liquidity
The South African rand remained stable after its first weekly gain in a month, thanks in part to better-than-expected inflation data (4.7% YoY in July).
Ethiopia, recently invited to join the BRICS bloc, is seeking new funding sources beyond China. Capital Economics mentioned that Ethiopia is in talks with the
Meanwhile, Citigroup also noted that countries like Ivory Coast and Senegal, with long-term foreign debt ratings of Ba3 from Moody’s, are expected to attract the
Citigroup has identified Nigeria, Angola, and Kenya as African countries that could see increased foreign investment in the wake of sharp declines in their currencies
China’s Zijin Mining Group is developing plans to expand its copper mine in Eastern Serbia due to the outlook for the demand for the metal,
Uzbekistan secured a short-term deal to buy two bcm of natural gas yearly from Turkmenistan. Also, the country will start to buy some 2.8 bcm
Poland and the Baltic nations called on Belarusian president Lukashenko to expel Russian mercenaries from his country and agreed on a plan to potentially shut
On Monday, French president Macron vowed to launch a new diplomatic initiative to increase pressure on Azerbaijan over its blockade of Armenian-controlled areas of Nagorno-Karabakh,
EC President Charles Michel proposed setting a target date for the EU to get serious about admitting new members as Ukraine and other applicants press
According to preliminary data, Vietnam’s trade surplus slightly decreased to USD 3.82 bln in August from $3.86 billion a year earlier. Both exports and imports
Pakistan is re-evaluating its power tariff structure following nationwide protests against increasing electricity bills. That comes as a first challenge for the newly installed Kakar
Indian officials are considering extending a USD 24 bln free grains program through June 2024, coinciding with next year’s national elections. This move would likely
Crude oil prices hovered around USD 80 bbl on Tuesday while investors awaited economic reports from the US and China. The Fed’s statement about potential