Day: October 28, 2024

Dominican Republic

The Dominican Republic joined the Artemis Agreement, initiating cooperation with NASA on peaceful space exploration. Ambassador Guzmán noted this milestone as an opportunity to attract

Colombia

Colombia raised USD 3.64 bln in USD bonds, marking its first international debt sale in seven months. The country issued USD 2 bln in 2036

Brazil

Brazil’s municipal elections saw centrist parties dominate, winning 51% of cities, while left-wing and right-wing parties claimed 14% and 35%, respectively. Candidates backed by both

Senegal

Senegal’s Finance Minister Diba has requested an IMF program review after an audit revealed higher-than-reported debt and a budget deficit of over 10% of GDP.

Nigeria

Nigeria’s naira fell 4.3% to a record low of 1,670.65 per USD on Monday amid a sharp drop in dollar liquidity, which plunged by 72%

Nigeria

IFC and Nigeria’s central bank have partnered to expand local currency financing for private businesses. This agreement allows IFC to manage currency risks and aims

Ghana

Ghana received USD 260 mln from the World Bank, with a USD 250 mln credit and USD 10 mln grant, to support its Energy Sector

Zimbabwe

Botswanan opposition activists, under the Umbrella for Democratic Change coalition, marched in Gaborone over the weekend before general elections, protesting alleged interference by Zimbabwe in

Angola

Angola’s kwanza stabilized after the central bank sold USD 250 mln to commercial banks, reports Governor Manuel Tiago Dias. Easing inflation is expected to continue

Uzbekistan

Uzbekistan’s Liberal-Democratic Party won 42.7% of the vote in recent general elections, with a reported 74.72% turnout. Although the Parliament has limited policy-making influence, other

Serbia

Serbian President Vucic has stated that “while I am the President of the Republic, we will not change the main goals of our foreign and

Georgia

Following the Georgian election, nearly all opposition parties and pro-Western President Salome Zurabishvili, who has split from the ruling Georgian Dream, rejected the results and

Azerbaijan

The European Parliament urged the EU to end dependence on Azerbaijani gas in a symbolic October 24 resolution criticizing Baku’s human rights record. This comes

Myanmar

Myanmar’s external debt fell to USD 9.7 bln in March from USD 10.6 bln a year earlier due to debt repayments totaling USD 603.3 mln.

Bangladesh

Bangladesh’s GDP grew by 3.91% in the April-June quarter, driven by 5.27% growth in agriculture. Industrial growth slowed to 3.98%, while the services sector expanded