Day: March 7, 2025

Peru

Bloomberg analysts expect Peru’s central bank to keep the benchmark rate at 4.75% at its March 13 meeting. Tight monetary conditions provide room for future

Brazil

Brazil plans to utilize a social fund, fueled by oil and gas royalties, to boost the economy amid declining presidential popularity. A committee has been

Tunisia

Tunisia’s CPI inflation eased to 5.7% in February, down from 6% in January, as food and beverage prices stabilized. Monthly inflation decreased by 0.1%, with

South Africa

Microsoft announced a USD 298 mln investment in AI and data center infrastructure in South Africa, alongside a commitment to provide training in AI, cybersecurity,

South Africa

South Africa’s current-account deficit narrowed to 0.4% of GDP in Q4 2024, with a trade surplus more than doubling to 3% of GDP for the

Mali

Mali has stopped issuing small-scale gold mining permits to foreign nationals after deadly incidents and a 23% drop in gold production. The government is also

Israel

Arab leaders have backed Egypt’s Gaza reconstruction plan, aiming to preserve Palestinian rights and rebuild Gaza. The plan faces challenges such as governance, security, and

Bosnia and Herzegovina

In Bosnia-Herzegovina, the leader of Republika Srpska, Milorad Dodik, has banned police and courts from the country’s central government from operating within the territory he

Ukraine

Ukraine’s central bank has raised interest rates by 100 bps to 15.5%, in line with analyst expectations, in an effort to curb accelerating inflation. The

Vietnam

Vietnam recorded a USD 1.55 bln trade deficit in February, driven by a surge in imports for raw materials. This marked its largest monthly deficit

Indonesia

Indonesia’s FX reserves fell to USD 154.5 bln in February, due to external debt payments and measures to stabilize the rupiah. The reserves are adequate

China

China’s exports rose 2.3% to USD 540 bln in the first two months of the year, while imports fell 8.4%, resulting in a record trade

Russia

Polish Prime Minister Donald Tusk highlighted the completion of the USD 2.5 bln East Shield defense project, an 800-kilometer stretch of barriers along Poland’s border