Day: September 30, 2024

Guatemala

Guatemalan President Bernardo Arevalo claims the same politicians and officials who tried to block his inauguration are now attempting to sabotage his anti-corruption agenda. Facing

Haiti

Nearly 6,000 people in Haiti are facing starvation, with 5.4 mln, almost half of the country’s population, experiencing crisis or worse levels of hunger due

Colombia

Colombia’s central bank reduced its benchmark interest rate by half a percentage point to 10.25%, the lowest in two years, despite calls from President Gustavo

South Africa

South Africa’s benchmark bond yield fell below 10% for the first time in over two years, reflecting growing confidence in the country’s economic recovery. Deputy

Nigeria

Nigeria’s central bank sold one-year OMO bills at a record-high yield of 24.3% to attract investor inflows, curb inflation, and strengthen the naira. Demand was

Mozambique

Mozambique’s central bank lowered its benchmark Mimo rate to 13.5% from 14.25%, marking its third consecutive rate cut this year. The rate reduction comes as

Kenya

Kenya plans to use funds from a proposed diaspora bond to expand key infrastructure projects, including upgrading its Airport (JIKA). Officials expressed concern that JKIA

Guinea

Guinea’s MPC maintained the key rate at 11%, citing improved fuel supplies, positive growth prospects from the Simandou iron-ore project, and the continued exchange rate

Tajikistan

Tajikistan plans to obtain a USD 650 mln World Bank grant and a USD 500 mln loan from the AIIB to build the Rogun hydropower

Russia

Kaladze, General Secretary of the “Georgian Dream” party, called Russian MFA Lavrov’s comments on normalizing relations with Abkhazia “positive.” Lavrov stated that Russia is prepared

Ukraine

Russian President Putin vowed Monday to achieve all his “goals” in Ukraine and celebrated the second anniversary of annexing four Ukrainian regions as his army

Vietnam

Vietnam’s central bank will implement measures to manage the gap between domestic and global gold prices following a sharp rise in gold ring prices, which

Vietnam

The IMF forecasts Vietnam’s economic growth to rebound to 6.1% in 2024, supported by strong external demand, resilient foreign direct investment, and accommodative policies. Vietnam’s

Pakistan

Pakistan’s economy grew by 3.07% in the April-June quarter, exceeding expectations of 2.7%, buoyed by funds from the IMF and lower interest rates. Growth for

India

India’s current account deficit increased slightly last quarter to USD 9.7 bln, or 1.1% of GDP, driven by higher imports and weak exports. The trade