Paraguay
Paraguay’s President Santiago Pena affirmed the country’s longstanding diplomatic ties with Taiwan, citing Taiwan’s economic model as exemplary. That comes amid a climate where multiple
September 6, 2023
Paraguay’s President Santiago Pena affirmed the country’s longstanding diplomatic ties with Taiwan, citing Taiwan’s economic model as exemplary. That comes amid a climate where multiple
Brazil’s current account deficit narrowed dramatically to USD 0.78 bln in August, a stark contrast from the USD 7.02 bln deficit seen the previous year,
Bolivia’s 2028 USD bonds suffered in emerging markets following ex-President Evo Morales’, the country’s previous long-term leftist leader, acknowledgment of his intent to run in
Tanzania’s central bank plans to buy six tons of gold to diversify reserves, having already procured and refined 418 kilograms. Governor Emmanuel Tutuba urges major
Mozambique’s central bank held its primary interest rate at 17.25%, citing concerns about inflation. Inflation dropped to 4.9% in August from 5.7% in July, mainly
Guinea’s MPC lowered its benchmark interest by 50 bps to 11.0%. Still, the committee projects the inflation rate to rise to approximately 7% by year-end
Meanwhile, Ghana’s central bank has acquired 13.7 tons of gold to strengthen reserves and aid oil import initiatives. The Ghana Cocoa Board aims to gather
Ghana’s central bank held its benchmark interest rate at 30.0%. This decision follows significant cumulative hikes totaling 16.5 pp since November 2021. The rationale behind
Egypt has set its forthcoming presidential election for December, earlier than expected. This move aligns with the nation’s economic challenges, prompting considerations of currency devaluation
Serbian President Vucic called for restraint after a shootout in Kosovo between armed Serbs and police left four dead in the country’s bloodiest clash in
Moldova proposed a settlement to Gazprom, asking it to clear all Moldovagaz debts. In exchange, Moldova would prevent lawsuits after a USD 160 mln supply
Speculation about Kazakhstan and Armenia exiting the Collective Security Treaty Organization (CSTO) was quashed by Kazakhstan’s foreign ministry, emphasizing recent discussions a few days ago
Turkey’s President met with Azerbaijan’s Ilham Aliyev on the Nagorno-Karabakh situation. Post Azerbaijan’s control last week, over 2,900 ethnic Armenians relocated to Armenia. Armenia’s foreign
Turkey’s President met with Azerbaijan’s Ilham Aliyev on the Nagorno-Karabakh situation. Post Azerbaijan’s control last week, over 2,900 ethnic Armenians relocated to Armenia. Armenia’s foreign
S&P raised Albania’s outlook from stable to positive, maintaining a B+ rating, highlighting fiscal outperformance and an improved external position. The agency anticipates that public
Ukraine’s Naftogaz head announced that the nation has sufficient domestic gas for the winter. The CEO ensured a stable heating season both in supply and
Philippine Central Bank Governor Remolona indicated interventions to maintain the peso’s strength around the 57-per-USD mark to prevent further depreciation. The peso has been one
Laos reported a trade deficit of USD 88 mln in August. The ongoing trade deficit is concerning for the Lao government due to its impact
Fitch lowered Bangladesh’s BB- sovereign credit rating from stable to negative, citing a decline in the nation’s external health and heightened susceptibility to external shocks.