The Dominican Republic
The Dominican Republic entered into a partnership with the United States Global Entry program. That will allow Dominican citizens with US visas to apply for
August 31, 2023
The Dominican Republic entered into a partnership with the United States Global Entry program. That will allow Dominican citizens with US visas to apply for
Colombia’s trade deficit widened to USD 0.6 bln in July 2023, up from USD 0.49 bln in July 2022, mainly driven by a sharp reduction
Argentina’s GDP contracted by 4.9% YoY in Q2 2023, a steeper decline than market forecasts of 4.8%. This contraction marks the first since Q4 2020,
Nigeria’s central bank is undergoing a leadership change, with suspended governor Godwin Emefiele and four deputies resigning their positions. That comes ahead of a scheduled
The IMF will loan Morocco USD 1.3 bln to manage climate risks. Despite a recent earthquake that claimed around 3,000 lives, the IMF and the
Meanwhile, countries like Kenya, Tanzania, and Ghana could be next in line for currency swaps with China, given their large import volumes from China. The
Meanwhile, countries like Kenya, Tanzania, and Ghana could be next in line for currency swaps with China, given their large import volumes from China. The
Meanwhile, countries like Kenya, Tanzania, and Ghana could be next in line for currency swaps with China, given their large import volumes from China. The
China’s yuan (CNY) is seeing increased adoption in Africa for trade, investment, and as a reserve currency. According to Sarah Baynton-Glen, a Standard Chartered economist,
China’s yuan (CNY) is seeing increased adoption in Africa for trade, investment, and as a reserve currency. According to Sarah Baynton-Glen, a Standard Chartered economist,
China’s yuan (CNY) is seeing increased adoption in Africa for trade, investment, and as a reserve currency. According to Sarah Baynton-Glen, a Standard Chartered economist,
Following Moody’s recent downgrade, Ethiopia’s sovereign-risk premium has surged to a record high. The yield spread over US treasuries has expanded to 4,089 bps, indicating
According to Standard Bank Africa Barometer, African businesses face a USD shortage for imports. Analysts noted that this deficit intensifies due to local currency depreciation,
The EU expressed its concerns over Serbia and Kosovo failing to fulfill their earlier commitments to normalize relations. US State Department also emphasized the importance
The EU expressed its concerns over Serbia and Kosovo failing to fulfill their earlier commitments to normalize relations. US State Department also emphasized the importance
Mongolia’s trade surplus contracted 13% YoY in August to USD 382 mln, driven by a sharp increase in imports (10.3% YoY) against a modest rise
Belarus reported a GDP growth of 3.1% for the first eight months of the year, driven mainly by industry, construction, and trade. Authorities have set
In the disputed Nagorno-Karabakh region, Azerbaijan launched a new military operation against an Armenian enclave within its territory. The situation has already escalated, with 25
In the disputed Nagorno-Karabakh region, Azerbaijan launched a new military operation against an Armenian enclave within its territory. The situation has already escalated, with 25
The OECD has upgraded its forecast for Russia’s GDP growth for 2023 to 0.8%, a significant shift from its earlier prediction of a -1.5% contraction.
In other news, IFC plans to spend up to 3.5 tln dong for sustainability-linked bonds issued by Vietnamese developer BIM Land. The bonds will fund
Vietnam’s central bank will continue to ease its monetary policy to support businesses and economic growth. Despite cutting policy rates four times this year, the
S&P lowered Sri Lanka’s local currency long- and short-term sovereign credit ratings to SD from CC/C. The downgrade follows the government’s confirmation of a domestic
Malaysia recorded a trade surplus of 17.3 bln ringgit in August, in line with market estimates and unchanged from the previous period but represented the