Day: February 6, 2025

Guatemala

Guatemala will accept 40% more deportation flights from the US and support migrants in transit to their home countries, excluding criminals. The country has launched

Montenegro

Bolivia’s public debt was 46% of GDP in January 2025, down from 84% in 2023, according to Finance Minister Marcelo Montenegro. The country faces financial

Argentina

Argentina, under President Javier Milei, will withdraw from the World Health Organization due to disagreements over health management during the pandemic and political influence from

Tanzania

Tanzania and Burundi signed a USD 2.15 bln deal with China Railway Engineering Group to build a 282-km railway, with financing from the African Development

Nigeria

Nigeria’s President Tinubu has requested a 9% increase in this year’s budget to recapitalize state-owned development banks. The increase will raise total spending to 54.2

Kenya

Kenya is in discussions with the IMF for a new program after its current USD 3.6 bln deal expires in April. The new program will

Kenya

Kenya’s central bank lowered the benchmark interest rate to 10.75% from 11.25%, citing stable inflation and exchange rates. The central bank also reduced the cash

Jordan

Jordan’s cabinet approved increasing the central bank’s capital from JOD 48 mln to 100 mln to strengthen its financial base. The bank’s assets reached JOD

Palestine

King Abdullah II of Jordan rejected land annexation and Palestinian displacement during talks with Palestinian President Abbas on February 5. The King reaffirmed Jordan’s commitment

Serbia

In Serbia, Gazprom-owned refiner NIS has requested a 90 day postponement from the imposition of US sanctions, to find an acceptable solution to its ownership

Azerbaijan

In Kazakhstan, Timur Kulibayev, son-in-law of the country’s first president, is in talks to repay around USD 1 bln to the state, as part of

Ukraine

The Trump administration is expected to present its plan for peace in Ukraine, next week at the Munich Security Conference.  The plan may include measures

Vietnam

Vietnam’s inflation accelerated to 3.63% in January, the fastest pace in six months, driven by higher food and transport costs during the Lunar New Year.

Sri Lanka

Sri Lanka’s cabinet approved new debt agreements with the Japan International Co-operation Agency (JICA) after restructuring bilateral loans with Japan. The cabinet also approved borrowing

Pakistan

Pakistan’s inflation rate dropped to 2.4% in January, its lowest since 2015, down from 28.3% in January 2024. Inflation in the first seven months of

Malaysia

Malaysia’s semiconductor sector is expected to be minimally impacted by new US tariffs, according to Trade Minister Zafrul Aziz. He highlighted strong US investments and

Laos

Laos and the International Fund for Agricultural Development (IFAD) have reaffirmed their long-term commitment to improving rural livelihoods. A review of IFAD’s strategy in Laos

China

McKinsey & Co. partners are debating the firm’s future in China due to escalating US-China tensions. While some suggest focusing on North American markets, Global

Mexico

JPMorgan’s annual trading survey indicates inflation and tariffs will be key drivers of market volatility in 2025, with geopolitical tension also a factor. 41% of