Day: January 15, 2025

Argentina

Argentina’s inflation rate was 2.7% MoM in December, aligning with market expectations. With the central bank’s recent decision to reduce the crawling peg, analysts expect

Congo Republic

President Nguesso of the Republic of Congo replaced the finance minister amid a financial squeeze that led to a cash shortage. Christian Yoka replaces Jean-Baptiste

Zambia

South Africa suspended operations at a key border crossing with Botswana due to heavy rainfall and flooding, which compromised the safe functioning of the crossing.

Nigeria

Nigeria’s National Bureau of Statistics will rebase its consumer price index (CPI) at the end of January, following the publication of December data. This change

Iraq

The UK and Iraq will sign strategic partnership and security agreements during Iraqi Prime Minister Mohammed Shia’ Al-Sudani’s visit to London on January 14. The

Israel

Both Donald Trump and Joe Biden expressed optimism that a ceasefire between Israel and Hamas could be reached soon, following over 15 months of war.

Kazakhstan

Kazakhstan’s total international reserves fell to USD 104.6 bln at the end of December, from USD 105.1 bln a month earlier, though this is up

Mongolia

Mongolia’s central bank left its benchmark interest rate unchanged on Tuesday, at 10.00%. Inflation picked up to 9.0% YoY in December, though the government forecasts

Armenia

The Bank of Georgia’s Armenian branch has signed a USD 200 mln loan agreement with IFC, to finance climate projects and MSMEs, especially female-led MSMEs.

Azerbaijan

Azerbaijan’s economy is projected to grow by an average of 2.9% a year over the next decade, according to Fitch Solutions. The primary driver will

Albania

Albania’s inflation increased slightly to 2.1% YoY in December, from 2.0% the previous month.

Ukraine

Local media in Ukraine discussed tentative preparations for elections in the country, though timing, and whether President Zelensky would run for re-election, both remain unclear.

Ukraine

Ukraine’s debt management office says it expects to lift capital controls on repatriation of bond coupons this year, and that it is already discussing this

Russia

Vietnam and Russia signed a non-binding agreement on nuclear energy and cooperation in maritime research and digital technology. Rosatom and Vietnam Electricity Corporation (EVN) signed

China

Bloomberg economists predict Chinese policymakers will allow the yuan to weaken further in 2025, driven by fundamental pressures, and possibly more than in the 2018-2019

Bangladesh

Bangladesh’s annual inflation eased to 10.89% in December 2024, down from a four-month high of 11.38% in November. Monthly prices fell 1.02% in December, marking

Israel

European natural gas prices fell as Egypt reduced the size of an import tender, suggesting a healthier global spot market. Benchmark futures dropped after a