Paraguay
Paraguay enacted comprehensive anti-corruption legislation amid criticism from the US over its business climate. The law follows a US State Department report highlighting corruption and
December 9, 2024
Paraguay enacted comprehensive anti-corruption legislation amid criticism from the US over its business climate. The law follows a US State Department report highlighting corruption and
Colombia’s annual inflation slowed to 5.2% in November 2024, down from 5.41% in October, the fifth consecutive month of decline and the lowest since October
The Brazilian real weakened to a record low of 6.08 per USD in December due to fiscal concerns and a stronger US dollar. While the
Argentina’s central bank lowered the benchmark interest rate by 300 bps to 32%, as inflation expectations eased. The annual inflation rate in October was 193%,
Zambia and France signed a debt restructuring agreement, extending Zambia’s external debt maturity by an average of 12 years, now due beyond 2040. The agreement
Kenya’s central bank reduced the benchmark interest rate to 11.25% from 12% on December 5, marking the third consecutive rate cut. This move, aimed at
Former President John Dramani Mahama won Ghana’s presidential election after Vice President Mahamudu Bawumia conceded defeat. Ghana’s economic struggles, including debt default, inflation, and a
Syrian President Bashar al-Assad’s government fell after opposition groups advanced. Assad and his family were granted asylum in Moscow, while opposition leader Ahmed Al-Sharaa called
Russia increased oil exports to Uzbekistan via the pipeline passing through Kazakhstan by over 70% in January-October 2024. Uzbekistan was forced to import natural gas
Thousands of pro-Europe protesters rallied Sunday in Georgia against the government’s decision to shelve European Union accession talks, marking the 11th consecutive day of demonstrations
The Armenian minister of foreign affairs stated that Armenia and Azerbaijan agreed on 15 out of 17 articles of the negotiated peace treaty draft. The
US President-elect Donald Trump met with Ukraine’s Zelensky and French President Macron. Macron had sought to engineer the talks to initiate a discussion on how
The Indian rupee hovered around 84.6 per USD near record lows, after the RBI kept the repo rate at 6.5% and cut the cash reserve
China’s consumer inflation slowed to 0.2% in November, the lowest since June, while factory deflation eased with a 2.5% drop in the producer price index.
Bangladesh’s trade deficit narrowed by 12% to USD 6.66 bln in the first four months of fiscal 2024-25, with imports rising 1% to $20.95 billion