Libya
Crude oil prices fell below USD 70/barrel, the lowest since December 2023, due to potential increases in supply. Reports suggest that Libya’s rival factions may
September 5, 2024
Crude oil prices fell below USD 70/barrel, the lowest since December 2023, due to potential increases in supply. Reports suggest that Libya’s rival factions may
China’s services sector growth slowed in August, as indicated by the Caixin services PMI dropping to 51.6 from 52.1. This deceleration adds to concerns about
Thailand’s central bank maintained its inflation target range of 1% to 3%, despite government pressure to adjust this band to allow for easier monetary policy.
European officials are concerned that Iran may soon deliver ballistic missiles to Russia, escalating its involvement in the Ukraine conflict. This development follows Iran’s previous
Three Ukrainian cabinet ministers resigned amid a possible broader government reshuffle as Ukraine faces intensifying Russian missile attacks. The challenges include a workforce shortage impacting
Armenian PM Pashinyan announced that Armenia has suspended its participation in the Collective Security Treaty Organization (CSTO) at all levels. This decision reflects ongoing tensions
The New Azerbaijan Party (YAP) secured a majority in Azerbaijan’s snap parliamentary elections, capturing at least 62 of 125 seats according to exit polls. Independent
Kenya is issuing re-offered bonds to raise 30 bln shillings for its budget, with the sale running from September 4 to 18. The bonds include
Nigeria’s payments through Letters of Credit have significantly decreased, falling by 57% in the first seven months of 2024 to USD 391.91 mln, from USD
South Africa’s GDP grew by 0.4% in Q2, an improvement from the previous quarter’s stagnation, revised from an initial 0.1% contraction. This growth, spurred by
Jamaica reported a JMD 8.4 bln primary surplus for July, down from JMD 13.8 bln a year earlier. From April to July in FY24/25 Jamaica
Paraguay’s annual inflation rate decreased slightly to 4.3% in August 2024, down from 4.4% in July. The slowdown was particularly notable in food and non-alcoholic
Paraguay’s draft fiscal plan for 2025 aims to narrow the fiscal deficit to 1.9% of GDP, aligning with a fiscal convergence strategy to meet a