Mexico
Peru’s mining sector, accounting for 57% of FDI. With 93% of Peru’s mining investment coming from abroad, China leads at 20.8%, followed by Canada at
January 22, 2025
Peru’s mining sector, accounting for 57% of FDI. With 93% of Peru’s mining investment coming from abroad, China leads at 20.8%, followed by Canada at
President Trump plans to impose 25% tariffs on Mexico and Canada, effective February 1, due to concerns over undocumented migrants and drug trade. The tariffs
Mozambique’s new finance minister, Carla Louveira, faces a tough task in stabilizing the country’s finances amid post-election unrest and a potential debt restructuring. With a
Morocco’s economy is projected to grow by 4.2% in 2025, driven by domestic demand, though slightly lower than the expected 4.9% in 2024. Household consumption
Kenya’s central bank governor expects US President Trump’s energy policies to lower global fuel prices, contributing to reduced inflation in Kenya. Since Kenya imports all
Angola’s central bank kept its key interest rate at 19.5% due to ongoing inflation concerns. Inflation eased slightly to 27.5% in December from 28.4%, while
Former Jordanian Foreign Minister Marwan Muasher noted challenges arising from US President Trump’s policies, particularly the “Deal of the Century” peace plan. Jordan’s relationship with
Kazakhstan announced it will sell KZT 750 bln (USD 1.4 bln) worth of FX in Q1, to mirror tenge sales completed to buy gold last
Armenian Foreign Minister Ararat Mirzoyan visited Russian Minister Lavrov on Tuesday, to discuss cooperation in the Eurasian Economic Union (EAEU), and relations between Azerbaijan and Armenia.
Ukraine will receive EUR 30 bln in budgetary support from the EU in 2025, the Ukrainian finance minister announced. Last year, this support amounted to
Russia’s seaborne crude exports fell by 9% last week, disrupted by US sanctions. Tankers are diverting, and buyers are seeking alternatives due to a shortage
Pakistan has confirmed the rollover of two USD 1 bln deposits with the UAE for another year. These deposits, placed with Pakistan’s central bank, were
Indonesia’s government plans to require commodity exporters to keep foreign currency earnings onshore for at least a year, starting with exporters in sectors like mining,
Bangladesh recorded a current account deficit of over USD 200 mln in the first five months of the 2024-25 fiscal year, despite an increase in
Canadian Prime Minister Justin Trudeau warned of dollar-for-dollar retaliatory tariffs if US President Trump imposes tariffs on Canada. Trudeau confirmed that if Trump moves forward