Peru
Peru’s economy grew 3.93% YoY in November, surpassing the 3.2% growth forecast. The economy also expanded 1.12% compared to the previous month. The government remains
January 16, 2025
Peru’s economy grew 3.93% YoY in November, surpassing the 3.2% growth forecast. The economy also expanded 1.12% compared to the previous month. The government remains
Paraguay registered a trade deficit of USD 538 mln in 2024, reversing the previous year’s surplus. Exports fell 7.7% to USD 15.84 bln, with significant
Costa Rica’s imports from China soared to USD 3.24 bln in 2024, now making up 16.5% of the country’s total imports, up from 13% in
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
Tunisia’s trade deficit widened by 10.8% in 2024 to TND 18.92 bln, driven by higher deficits with countries like China, Russia, Algeria, and Turkey. The
Nigeria’s annual inflation rate reached a near 29-year high of 34.8% in December. Transportation costs were the main contributors to the rise, while food inflation
Daniel Chapo has been sworn in as Mozambique’s president, facing economic crisis, protests, and a disputed election. He aims to restore investor confidence, address poverty,
Kenya expects a fiscal deficit of 759.4 bln shillings for the 2025 fiscal year, slightly lower than the projected 768.6 bln shillings for 2024-25. The
A group of Lebanon bondholders is seeking to negotiate a restructuring of defaulted dollar bonds, contingent on the formation of a new government. Formal talks
Israel and Hamas have agreed to a six-week ceasefire starting Sunday, during which Israel will withdraw from populated areas of Gaza and release hundreds of
The US has announced further Russia-related sanctions, targeting entities in Kyrgyzstan and China. Keremet Bank in Kyrgyzstan is being sanctioned for working with Russian officials
Kazakhstan’s the energy ministry has said its projected oil production outlook for this year of 96.2 mln tons does not take into account agreements made
In Azerbaijan, the outage in gas supplies being sent to Europe has been extended to 19 January, as BP continues working to resolve issues with
Pakistan’s federal cabinet approved renegotiated contracts with 14 power producers to reduce excessive profits, saving 1.4 trillion rupees. The government aims to slash 35 billion
The World Bank has approved a new 10-year program for Pakistan, committing USD 20 bln to tackle issues like child stunting, learning poverty, flood resilience,
Indonesia’s central bank cut its benchmark interest rate by 25 basis points to 5.75%, following low inflation forecasts for 2025-2026. The bank expects economic growth