Peru
Peru’s monthly Inflation fell by 0.09% in January, remaining within the central bank’s target range. The annual inflation rate stood at 1.85%. Peru’s central bank
February 3, 2025
Peru’s monthly Inflation fell by 0.09% in January, remaining within the central bank’s target range. The annual inflation rate stood at 1.85%. Peru’s central bank
In response to President Trump’s planned 25% tariffs, Mexican President Claudia Sheinbaum is preparing counter-tariffs. She emphasized the need for cooperation on security, migration, and
Colombia’s central bank kept its benchmark interest rate at 9.5% in January, following multiple rate cuts in previous months. The decision reflected greater risks to
Argentina’s central bank lowered its benchmark rate to 29%, citing reduced inflation expectations. The rate cut aligns with the government’s decision to slow the peso’s
South Africa’s Eskom has suspended rotational blackouts after recovering emergency reserves. This follows a period of outages that ended a 10-month break, as Eskom faced
Increased fighting between Rwanda-backed rebels and the Congolese army in eastern Congo has heightened the risk of disease outbreaks, including mpox, measles, and cholera. The
Moody’s downgraded Mauritius’ outlook to negative due to a wider budget deficit and higher debt. The agency cited uncertainty about the government’s ability to address
Malawi’s central bank kept its policy rate at 26% and liquidity reserve requirement unchanged. The Monetary Policy Committee noted a slowdown in inflation in Q4
Kenya’s inflation rose to 3.3% in January, remaining below the central bank’s 5% target range. With inflation expected to remain subdued, the central bank is
Fitch affirmed Côte d’Ivoire’s ‘BB-‘ rating with a stable outlook, citing strong growth and fiscal management. However, weaknesses include low per capita income and elevated
Botswana’s Debswana’s rough-diamond sales fell to BWP 24.6 bln in 2024, down from BWP 45.5 bln the previous year, marking the lowest since 2020. The
King Abdullah II of Jordan is set to meet US President Donald Trump at the White House on February 11, 2025. This follows Trump’s proposal
Serbian Finance Minister Mali has announced a reduction of tuition fees for students of 50%, though it is unclear if this announcement will quell the
Kazakhstan’s current account deficit widened to USD 2.9 bln in the fourth quarter of 2024, from USD 0.3 bln the previous quarter. Further, the IMF
Armenia’s economy grew 8.0% in 2024, according to the national statistical committee, above the state budget target of 7%. Inflation over the year was 0.3%,
The Ukrainian central bank expects inflation to peak at 15.0% YoY by the middle of this year, before falling to 8.4% by the end of
Sri Lanka consumer prices fell by a 4.0% in January, the highest since 1960. This marks the fifth consecutive month of deflation as the country
According to Bloomberg analysts, The offshore yuan could drop beyond its record low of 7.3749 against the dollar if China’s retaliation to US tariffs results
US President Trump imposed 10% tariffs on Chinese imports and 25% on goods from Canada and Mexico, marking the start of a potential trade war.