China
Amid a property crisis in China, investors and creditors are selling global real estate assets to raise cash despite potential losses in a declining market.
March 11, 2024
Amid a property crisis in China, investors and creditors are selling global real estate assets to raise cash despite potential losses in a declining market.
Indian PM Modi, along with the leaders of Sri Lanka and Mauritius, will inaugurate the Unified Payment Interface (UPI) and RuPay card services in both
The Philippines’ coast guard reported “dangerous and blocking maneuvers” by Chinese vessels in the South China Sea, highlighting ongoing territorial disputes. Over 40 shadowing incidents
Ukraine is exploring measures to address its budget shortfall as the US faces difficulties in passing additional funding. Proposed measures include expanding domestic bond sales,
Georgian lawmakers approved Irakli Kobakhidze as the new prime minister. Former PM Garibashvili said last week that he was stepping down from his post, saying
Mongolia’s inflation rate slowed for the 4th consecutive month, rising to 7.6% YoY in January, the lowest since June 2021. Food inflation was still high
The EU Parliament has adopted a resolution demanding an independent international investigation into voting irregularities in Serbia, with a particular focus on the Belgrade elections.
Uzbekistan’s central bank now believes it will reach the 5% inflation target by the end of 2025. That target looks far away currently, also as
Angola’s central bank anticipates stable exchange rates this year, contrasting with last year’s 39% depreciation of the Kwanza against the USD. The average monthly dollar
Ghana’s government has postponed the introduction of a 15% VAT on electricity for domestic users after public opposition, recognizing concerns over exacerbating the cost-of-living crisis.
Nigeria has removed limits on the margins for interbank FX transactions and lifted restrictions on the sale of proceeds from these transactions, encouraging a market-driven
Meanwhile, the IMF projects a slight acceleration in Nigeria’s GDP growth to 3% in 2024, up from 2.9% in 2023. This improvement is expected due
Rwanda’s annual inflation rate declined to 3.1% in January, marking the lowest rate since January 2021 and a continuous decline for four months from 6.2%
Protests erupted in Dakar, Senegal, with thousands expressing discontent over President Sall’s decision to delay the presidential elections. The police response involved tear gas to
Sub-Saharan African nations are re-entering the international bond market, indicating an end to the debt distress concerns prevalent since 2020. Ivory Coast and Benin have
Tunisia has adjusted its wheat import forecast for the marketing year ending June 2024 to 2.0 mln metric tons, a 13% decrease from the previous
The Brazilian real strengthened to around 4.95 per USD, recovering from a three-month low, following inflation data that was higher than expected for January, at
Guatemala’s trade deficit narrowed in December to USD 1.251 bln from 1.657 bln in November, with imports decreasing to USD 2.417 bln from 2.715 bln
Bloomberg analysts highlight that the Peruvian central bank’s 25-bps cut and forward guidance reflects continued caution among policymakers. Despite improved inflation outlook and weak growth,
Amid a property crisis in China, investors and creditors are selling global real estate assets to raise cash despite potential losses in a declining market.
Indian PM Modi, along with the leaders of Sri Lanka and Mauritius, will inaugurate the Unified Payment Interface (UPI) and RuPay card services in both
The Philippines’ coast guard reported “dangerous and blocking maneuvers” by Chinese vessels in the South China Sea, highlighting ongoing territorial disputes. Over 40 shadowing incidents
Ukraine is exploring measures to address its budget shortfall as the US faces difficulties in passing additional funding. Proposed measures include expanding domestic bond sales,
Georgian lawmakers approved Irakli Kobakhidze as the new prime minister. Former PM Garibashvili said last week that he was stepping down from his post, saying
Mongolia’s inflation rate slowed for the 4th consecutive month, rising to 7.6% YoY in January, the lowest since June 2021. Food inflation was still high
The EU Parliament has adopted a resolution demanding an independent international investigation into voting irregularities in Serbia, with a particular focus on the Belgrade elections.
Uzbekistan’s central bank now believes it will reach the 5% inflation target by the end of 2025. That target looks far away currently, also as
Angola’s central bank anticipates stable exchange rates this year, contrasting with last year’s 39% depreciation of the Kwanza against the USD. The average monthly dollar
Ghana’s government has postponed the introduction of a 15% VAT on electricity for domestic users after public opposition, recognizing concerns over exacerbating the cost-of-living crisis.
Nigeria has removed limits on the margins for interbank FX transactions and lifted restrictions on the sale of proceeds from these transactions, encouraging a market-driven