United Kingdom
Despite recent supply interruptions from Norway affecting the UK, European natural gas prices have fallen. The decline followed clarification that the outage at Norway’s Nyhamna
June 11, 2024
Despite recent supply interruptions from Norway affecting the UK, European natural gas prices have fallen. The decline followed clarification that the outage at Norway’s Nyhamna
The Indonesian rupiah reached a four-year low of 16,293 per USD, prompting intervention from the nation’s central bank. Governor Warjiyo reaffirmed efforts to stabilize the
The Philippines’ inflation rate rose slower than expected in May, increasing by 3.9% YoY, which is at the lower end of the central bank’s forecast
Sri Lanka is progressing in debt restructuring discussions with a group of creditors, including India and the Paris Club, focusing on USD 10.6 bln owed
A summit in Lucerne, Switzerland, on June 15-16, aims to facilitate future talks with Russia, focusing initially on nuclear safety, food security, and returning abducted
Azerbaijan has received additional feedback from Armenia on the draft peace treaty, leading to a reduction in the number of unresolved issues, according to Azerbaijani
The ruling Georgian Dream party has introduced a new draft bill on the protection of traditional values. The bill aims to ban “LGBT propaganda” in
Serbia is planning to enhance its reserves of key commodities ahead of a predicted global price surge due to rising security concerns. The Finance Ministry
Uzbekistan has seen a significant decrease in the number of its migrants working in Russia, from over 4 mln a decade ago to about 1
Kenya’s central bank held its benchmark interest rate at 13%. Despite global economic improvements, ongoing inflationary pressures and geopolitical uncertainties persist. Inflation remained at 5.1%
Fitch anticipates that the Nigerian naira will stabilize in the second half of 2024, driven by capital inflows and crude oil receipts, which will help
Nigeria is contemplating a six-month suspension of import duties on essential items such as staple foods, drugs, flour, and grains to mitigate inflation pressures. As
Despite recent political uncertainties following the election, South Africa’s central bank governor emphasized his commitment to maintaining price stability. The bank kept its benchmark interest
Colombia is facing rising energy costs due to declining natural gas production and the need to rely on costly imports. The situation is worsened by
Jamaica posted a primary deficit of JMD 4.2 bln (0.1% of GDP) in April, the start of FY 24/25, slightly improving from last year. The