Jamaica
Moody’s recently reviewed Jamaica’s credit ratings, highlighting the government’s commitment to economic reforms that have reduced the high debt burden. While the debt is declining,
October 18, 2024
Moody’s recently reviewed Jamaica’s credit ratings, highlighting the government’s commitment to economic reforms that have reduced the high debt burden. While the debt is declining,
The IMF and Honduran authorities reached a staff-level agreement on policies and reforms to complete the first and second reviews of Honduras’ IMF-supported program. Despite
Colombia’s leading economic indicator rose by 2.02% YoY in August, down from 3.68% in July. Growth slowed across key sectors like services and manufacturing. On
S&P downgraded Mozambique’s debt rating (IDR) to CCC from CCC+. The downgrade reflects Mozambique’s ongoing liquidity challenges, including delayed payments to domestic creditors and pre-election
JPMorgan opened new representative offices in Kenya and Ivory Coast, marking its expansion into East and West Africa. CEO Jamie Dimon is visiting Nigeria, South
The IMF’s executive board completed its first review under the ECF for Ethiopia, resulting in a disbursement of USD 340.7 mln. This is part of
S&P affirmed Egypt’s rating z(IDR) at B-, with a positive outlook. The agency pointed to potential improvements in Egypt’s external and fiscal positions and praised
Angola is likely to be added to the Financial Action Task Force’s (FATF) gray list next week due to insufficient progress in curbing illicit financial
Uzbekistan’s President Mirziyoyev announced that the economy grew by 6.6% YoY in September, primarily driven by domestic resources. The growth rate is expected to be
Moldova’s chief EU accession negotiator reported that Russia has invested around EUR 100 mln to undermine the crucial election on Sunday through disinformation campaigns, destabilization
Malaysia’s trade surplus decreased to MYR 13.2 bln in September, down from MYR 24.4 bln in September 2023. For the first nine months of 2024,
Former general Prabowo Subianto was sworn in as Indonesia’s eighth president. He is expected to unveil his cabinet later, with Sri Mulyani Indrawati set to
India’s central bank’s FX reserves fell to USD 690.4 bln as of October 11, 2024, marking the second straight decline, from USD 704.9 bln at
China reported GDP growth of 4.6% YoY in Q3 2024, the lowest rate over a year but aligned with market expectations. The economy remains on