Day: December 6, 2024

Paraguay

EC President Ursula von der Leyen stated that a controversial free-trade deal with South America’s Mercosur bloc was in sight as she visited Latin America

Argentina

The IMF’s internal watchdog has criticized the organization’s process for approving large loans to troubled borrowers, such as Argentina and Egypt. The report, scheduled to

Uganda

Uganda’s central bank kept its key lending rate at 9.75%, citing easing inflation due to growing investments in the country’s nascent oil and gas industry.

South Africa

South Africa will need to show more fiscal discipline before implementing binding rules to limit the nation’s growing debt, according to Gina Schoeman, Citigroup’s chief

South Africa

South Africa’s current-account deficit for the third quarter was smaller than expected, as the trade surplus narrowed only slightly and the shortfall in services, income,

Egypt

Egypt’s pound weakened beyond 50 per USD for the first time since its March devaluation, marking a significant milestone as the country continues its commitment

Syria

Iranian-backed militias crossed into Syria from Iraq overnight and are heading to northern Syria to reinforce Syrian army forces battling insurgents. According to two Syrian

Tajikistan

Tajikistan’s president announced the dates for the upcoming parliamentary and local elections by signing a decree. Elections for the lower house of parliament and the

Russia

Ukraine’s Presidential Office, led by Yermak, is on an official visit to the US to discuss potential resolutions for the ongoing Ukraine war with the

Russia

US Secretary of State Antony Blinken confirmed that Ukraine is set to receive a USD 50 bln loan in the coming weeks, split between the

South Korea

FDI in Vietnam rose by 7.1% YoY to USD 21.68 bln in the first eleven months of this year. Meanwhile, International tourist arrivals to Vietnam

Vietnam

Vietnam’s government and Nvidia Corporation signed an agreement on Thursday to establish an AI Research and Development Center. The center, in partnership with Viettel’s AI

India

India’s central bank held its key repo rate at 6.5%. In addition, the bank reduced the CRR by 50 bps to 4% to improve liquidity.

China

President-elect Donald Trump has promised to impose 10% tariffs on all imports from China once he takes office next month. However, this may be difficult