Ukraine
Crude Oil prices slightly decreased to around USD 82.5/barrel, influenced by profit-taking after recent price surges and cautious investor sentiment pending the Fed’s rate decision.
April 15, 2024
Crude Oil prices slightly decreased to around USD 82.5/barrel, influenced by profit-taking after recent price surges and cautious investor sentiment pending the Fed’s rate decision.
Indonesia faces potential legislative hurdles regarding the proposed increase in the value-added tax as political dynamics shift with the ruling PDI-P party moving to opposition.
Pakistan has received a preliminary nod from the IMF for the disbursement of the final installment of a USD 3 bln bailout, unlocking around USD
Philippine President Ferdinand Marcos Jr. noted that the country is not yet in a position to lower interest rates, highlighting ongoing inflation concerns despite robust
The European Union is finalizing legislation to allow Ukraine to begin receiving funds generated from frozen Russian sovereign assets by July. This plan involves imposing
NATO Secretary-General Stoltenberg has called on Armenia and Azerbaijan to finalize a long-discussed peace treaty following Azerbaijan’s recapture of the Nagorno-Karabakh region. The leaders of
Moldova’s parliament is progressing with a USD 106 mln initiative to enhance its road infrastructure using Western financing, which also aims to facilitate Ukraine’s grain
Fitch Ratings has indicated potential delays in the privatization plans for state-owned banks in Uzbekistan. While the government intends to sell several state banks and
In the geopolitical arena, tensions between US President Biden and Israeli PM Netanyahu have shown signs of easing despite ongoing domestic pressures. Their recent dialogue
Russia has canceled USD 26.7 mln of Guinea-Bissau’s debt, with an additional USD 940,000 undergoing restructuring. Guinea-Bissau will repay 62% of this remaining debt as
Kenya is experiencing a steady decline in inflation, attributed to reduced fuel and food prices and a strong Kenyan shilling. This trend is easing the
Russia has expanded its list of “friendly” countries to include Mauritius, allowing its banks to engage in FX trading on the Russian market. This move
Morocco’s central bank held its key interest rate at 3%, following IMF’s counsel to exercise caution in the wake of recent high inflation rates that
Senegalese President Macky Sall has justified the postponement of elections, asserting the integrity of the nation’s democratic and institutional framework despite the ensuing unrest. The
South Africa is grappling with a potential water supply crisis in its most populous region, which houses the industrial core. Recent incidents, including extended water
Uganda’s new legislation against LGBTQ has sparked concerns from the IMF, highlighting the negative impact on FDI and tourism. The World Bank has paused new
Foreign investors are set to resume discussions with Zambian officials aiming to restructure USD 3 bln in global bonds. The goal is to finalize an
Colombian Finance Minister Ricardo Bonilla plans to support a 100 bps reduction in the country’s monetary policy rate at the upcoming meeting, advocating for a
Honduras’ Central Bank Governor, Rebeca Santos, has highlighted the IMF’s pressure for a currency devaluation, which she believes would adversely affect the Honduran populace. Despite
The latest Economic Expectations Survey from Peru’s central bank indicates stable analyst expectations for inflation and GDP growth, with both projected at 4% for the