Mexico
Mexico’s President Claudia Sheinbaum suggested retaliatory tariffs against the US if President-elect Trump imposes 25% levies on Mexican goods, warning of severe economic consequences. Meanwhile,
November 27, 2024
Mexico’s President Claudia Sheinbaum suggested retaliatory tariffs against the US if President-elect Trump imposes 25% levies on Mexican goods, warning of severe economic consequences. Meanwhile,
JPMorgan downgraded Dominican Republic bonds to market-weight after the recent rally. The bank noted it remains constructive on the Dominican Republic’s macro and reform outlook,
Brazil froze BRL 19.3 bln (USD 3.33 bln) in spending to meet fiscal targets, up from BRL 13.3 bln in September, amid rising social security
Bolivia signed a USD 1 bln deal with China’s CBC to build two lithium production plants, following an earlier USD 970 mln agreement with Russia’s
Tunisia aims to reduce its financing needs from 17.1% of GDP in 2024 to 10% by 2027, with a forecasted decrease to 15.4% in 2025
Nigeria’s central bank raised its benchmark interest rate to 27.5%, a 25 bps increase, as part of efforts to control inflation, which reached 33.9% in
Mozambique’s Constitutional Council received death threats while considering the validation of the disputed election results that triggered deadly protests. The threats were issued via private
Gambia’s central bank kept the key rate unchanged to ensure inflation returns to the target of 5%. Inflation remained at 10% in October and is
Cameroon will sign loan agreements with the AfDB (EUR 63 mln) and Afreximbank (EUR 38 mln) to finance industrialization and rural electrification projects.
Angola clarified there are no ongoing negotiations with the IMF for a new financial-assistance program, despite reports suggesting a loan deal of USD 3-5 bln.
Israel has reached a 60-day cease-fire agreement with Hezbollah, mediated by the US, marking the first step toward ending the ongoing conflict. PM Netanyahu confirmed
Gazprom CEO Alexey Miller and Moldovan Energy Minister Victor Parlicov met to discuss ongoing cooperation in the gas sector, agreeing to continue talks on Russian
Georgia’s parliament set December 14th for the presidential election, despite opposition boycotts over last month’s election results. The president will be chosen by an Electoral
The Russia-Ukraine conflict escalated as Russia’s Defense Ministry prepared a response to Ukraine’s use of US-supplied ATACMS missiles, which targeted air defense units in Russia’s
The IMF noted that a further reduction in Thailand’s policy rate would help support the ongoing economic recovery and translate into improvements in borrowers’ debt-servicing
Sri Lanka’s central bank lowered its benchmark interest rate to 8%, a 50 bps cut, to support economic recovery and guide inflation towards the 5%
Pakistan’s opposition party ended its protest after the government arrested hundreds of supporters in a crackdown. The protests, considered the biggest challenge to the Sharif
President-elect Trump threatened to impose additional tariffs on China (10%) and on all products from Mexico and Canada (25%), shaking markets. The US dollar strengthened,