Russia
Wheat prices have dropped below USD 5.7/bushel, nearing a three-month low, due to ample supply and availability from Russia, which puts pressure on US and
March 26, 2024
Wheat prices have dropped below USD 5.7/bushel, nearing a three-month low, due to ample supply and availability from Russia, which puts pressure on US and
The UAE-based BUNA, a cross-border payment system, plans to expand its operations to include currencies from India, China, Pakistan, and several African and European countries
BofA upgraded its recommendation on Pakistan’s USD bonds to overweight from market weight. This decision is based on decreasing political uncertainty following the elections and
Russia’s Finance Minister Anton Siluanov announced a “symmetrical” response to any actions by the US and its allies targeting Russia’s frozen assets abroad. This statement
The US Office of Foreign Assets Control (OFAC) has expanded its Specially Designated Nationals (SDN) list, adding companies and individuals from various countries, including Russia,
Azerbaijan has indicated that peace talks with Armenia are set to resume, following discussions between President Aliyev and Armenian PM Pashinyan at the Munich Security
The World Bank announced the resumption of the Central Asia-South Asia (CASA-1000) power transmission project, aimed at transmitting electricity from Kyrgyzstan and Tajikistan to Pakistan
Fitch affirmed Uzbekistan’s BB- rating with a stable outlook, acknowledging the country’s strong external and fiscal positions, low government debt, and high growth levels. The
Israel expanded its military operations against Hezbollah by carrying out airstrikes in Lebanon, targeting areas significantly north of the country’s south, marking a shift in
The World Bank has pledged a substantial investment of USD 2.2 bln in Lebanon’s struggling energy and water sectors over the coming three years. The
The global financial market is witnessing a surge in interest in junk-rated sovereign debt, highlighted by recent successful debt issuances in Africa, including Kenya, Benin,
Guinea is experiencing labor union strikes demanding the lifting of internet and radio restrictions imposed by the country’s military-led government. These restrictions have affected access
Kenya Power is introducing the option for customers to pay their electricity bills in foreign currencies such as dollars, euros, and Sterling pounds. This move,
Mauritius is preparing to issue its first USD 500 mln in sustainable bonds soon. This move is part of the island nation’s strategy to secure
The Nigerian Labour Congress (NLC) plans to conduct nationwide protests in response to the escalating cost of living despite warnings from the Department of State
Senegalese President Sall is initiating discussions to address the recent political unrest and to set a new date for the presidential elections, which were postponed
IMF Deputy Managing Director Gita Gopinath endorsed the Argentine government’s economic program, highlighting fiscal consolidation and the elimination of monetary financing. Gopinath expects single-digit inflation
Bolivia’s socialist government is engaging with business leaders to address a potential USD shortage that could destabilize the economy. The government has agreed to several
The IADB President Goldfajn, alongside Brazil’s central bank chief Roberto Neto and Finance Ministry’s Ceron, discussed a new initiative to provide FX hedging for private
Guatemala’s central bank held its key interest rate at 5%, unchanged since April 2023. This decision aims to keep inflation within the target range of
A survey by the Honduran Council of Economic Enterprises (Cohep) revealed that 98.4% of companies encountered difficulties obtaining foreign exchange in the past year. That
Wheat prices have dropped below USD 5.7/bushel, nearing a three-month low, due to ample supply and availability from Russia, which puts pressure on US and
The UAE-based BUNA, a cross-border payment system, plans to expand its operations to include currencies from India, China, Pakistan, and several African and European countries
BofA upgraded its recommendation on Pakistan’s USD bonds to overweight from market weight. This decision is based on decreasing political uncertainty following the elections and
Russia’s Finance Minister Anton Siluanov announced a “symmetrical” response to any actions by the US and its allies targeting Russia’s frozen assets abroad. This statement
The US Office of Foreign Assets Control (OFAC) has expanded its Specially Designated Nationals (SDN) list, adding companies and individuals from various countries, including Russia,
Azerbaijan has indicated that peace talks with Armenia are set to resume, following discussions between President Aliyev and Armenian PM Pashinyan at the Munich Security
The World Bank announced the resumption of the Central Asia-South Asia (CASA-1000) power transmission project, aimed at transmitting electricity from Kyrgyzstan and Tajikistan to Pakistan
Fitch affirmed Uzbekistan’s BB- rating with a stable outlook, acknowledging the country’s strong external and fiscal positions, low government debt, and high growth levels. The
Israel expanded its military operations against Hezbollah by carrying out airstrikes in Lebanon, targeting areas significantly north of the country’s south, marking a shift in