Peru
Peru’s GDP grew by 3.53% YoY in August 2024, slowing from July’s 4.47% increase but still reflecting solid overall performance. Mining output led the growth
October 15, 2024
Peru’s GDP grew by 3.53% YoY in August 2024, slowing from July’s 4.47% increase but still reflecting solid overall performance. Mining output led the growth
Guatemala’s GDP grew by 3.7% YoY in Q2 2024, up from 3.2% in Q1. The country posted a current account surplus of USD 1.19 bln,
Argentina failed to secure a hearing in the UK Supreme Court regarding a dispute that required it to pay USD 1.5 bln in damages to
South Africa’s central bank expressed cautious optimism regarding inflation and growth, suggesting the possibility of another 25 bps interest rate cut before year-end. The bank
Senegal is expected to be removed from the Financial Action Task Force’s (FATF) gray list next week, following an evaluation that recognized substantial reforms in
Namibia faces an urgent need for 25 bln Namibian dollars over the next ten years to ensure water security. Additionally, an estimated 10 bln will
The naira’s real exchange rate is at its lowest level in over 20 years, following significant reforms to place Nigeria on a sustainable recovery path.
Nigeria’s annual inflation rate rose to 32.7% in September from 32.2% in August, driven by increased gasoline prices and severe flooding in food-producing areas. Food
Egypt and Saudi Arabia have signed a new agreement to promote mutual investments, alongside a deal establishing the Egyptian-Saudi Supreme Coordination Council. Saudi foreign direct
Botswana’s annual inflation rate dropped to 1.5% in September 2024, the lowest level since August 2023, down from 3.9% in August. The decline was mainly
A Hezbollah drone strike on an Israeli military base in northern Israel killed four soldiers and injured over 50, marking one of the group’s deadliest
Serbian President Vucic stated that the country successfully concluded the fourth and final review of the current Stand-By Program with the IMF and agreed on
Mongolia’s trade surplus narrowed sharply to USD 47.2 mln in September from USD 490.3 mln in the same month last year. That marked the smallest
Kazakhstan’s real GDP growth accelerated to some 4% YoY in September. Existing statistical data reported a material slowdown of real GDP growth to 3.2% YoY
Azerbaijan’s President, Aliyev, stated that signing a peace agreement with Armenia without consensus on all contentious issues is unreal. Azerbaijan’s key demand is to remove
The Russian Ruble is on the slide toward 100 per USD, and this time, authorities appear resigned to letting it hit a level that previously
The Sri Lankan rupee experienced volatility surrounding the September 21 presidential election, initially falling but subsequently appreciating. Bloomberg analysts attribute the recent strengthening to a