Ukraine
Indian PM Modi arrived in Russia on Monday, balancing the act of maintaining a long-standing relationship with Moscow while seeking closer ties with Western nations.
July 11, 2024
Indian PM Modi arrived in Russia on Monday, balancing the act of maintaining a long-standing relationship with Moscow while seeking closer ties with Western nations.
Global investors continue to show strong interest in Indian bonds, marking an eighth consecutive week of net buying, the longest streak since March, supported by
Indonesia faces a larger-than-anticipated fiscal deficit in 2024, now expected at 2.7% of GDP due to a weak rupiah elevating government financing and subsidy costs.
Pakistan’s PM announced that the federal government is negotiating with provincial authorities to approve the conditions set by the IMF for a new loan package,
A Russian missile strike in Ukraine killed at least 20 people, including an attack on a children’s hospital in Kyiv. Meanwhile, Hungary’s President, after meeting
In Moldova, the pro-Russia Socialist opposition has nominated Stoianoglo, a former top prosecutor with a controversial past, for president as they seek to consolidate opposition
The ruling Mongolian People’s Party (MPP), the main opposition Democratic Party (DP), and the Hun Party, meaning “Person” in Mongolian, signed an MOU on Monday
Jordan’s GDP grew by 2% in Q1 2024 compared to the same period in the previous year. Still, Jordan continues to face challenges that demand
The IMF plans to review the fees it charges its largest borrowers, responding to concerns over rising costs driven by higher global interest rates. Notably,
Egypt’s central bank withdrew EGP 1.08 tln of excessive liquidity from local banks through OMO on July 2. This action is part of the bank’s
Ghana’s debt restructuring deal with Eurobond holders has been approved by the OCC. The agreement forgives USD 4.7 bln of Ghana’s debt and provides USD
Ghana’s main opposition leader, John Mahama, proposed reviving a sinking fund to build reserves for repaying restructured debt if he wins the presidential election in
Ivory Coast’s ruling Rally of Houphouetists for Democracy and Peace party is rallying support for President Ouattara as he considers a controversial fourth term. Recent
The IMF’s executive board might postpone its meeting to approve funding for Kenya following the withdrawal of legislation aimed at increasing tax revenue this fiscal
Mauritius’ central bank sold USD 50 mln at 46.76 rupees to the USD to intervene in the domestic FX market on Monday. The rupee dropped
Morocco’s national economic growth is estimated at 3.2% in Q3 2024, up from 2.9% in Q2, driven by increased demand in manufacturing industries and accommodation
Tunisia’s inflation rate slightly increased to 7.3% in June 2024, up from 7.2% in May, mainly due to faster increases in food prices. Meanwhile, Tunisia’s
Bolivia’s inflation rate increased by 0.5% MoM in June, led by rising food prices, continuing from a 0.6% increase in May. The Inflation rate reached
The Dominican Republic’s inflation rate rose 0.48% MoM in June, marking a shift after two months of deflation. The annual CPI rose to 3.5%, slightly
In Guatemala, consumer prices saw a MoM increase of 0.16% in June, up from 0.03% in May. The inflation slightly eased to 3.62% YoY in
Peru’s Fiscal Council has expressed concerns regarding the government’s failure to adhere to the fiscal deficit rules in 2023. The net debt dynamics, particularly the