Day: March 18, 2025

Peru

The Peruvian government plans to declare a state of emergency and deploy the military to combat rising crime in Lima after the murder of Paul

Bolivia

Amid fuel shortages and growing public discontent, Bolivia’s government called for an urgent multiparty meeting to ensure political stability and that President Luis Arce’s term

Argentina

Argentina’s President Milei’s administration continues to demonstrate fiscal discipline, with February marking the fourteenth consecutive month of a primary fiscal surplus. Meanwhile, the central bank

Tanzania

Tanzania’s inflation rose to 3.2% in February from 3.1% in January, driven by rising food and fuel prices. The government is focused on stabilizing prices,

Nigeria

Experts are optimistic about Nigeria’s economic outlook for 2025, projecting growth rates averaging 4%. Despite challenges such as high public debt and reliance on crude

Kenya

Kenya has requested a new funding program from the IMF after deciding not to proceed with the final review of its current USD 3.6 bln,

Egypt

Egypt’s state budget achieved a primary surplus of EGP 170 bln (USD 3.3 bln) from July to November in FY 24/25, marking the largest surplus

Jordan

Jordan has estimated its funding requirements for the 2025 Jordan Response Plan (JRP) for the Syrian crisis at USD 1.6 bln, which will support Syrian

Serbia

Hundreds of thousands of protesters took to the streets of Belgrade, Serbia, over the weekend, against the government of President Vucic, which was the largest protest

Kazakhstan

Kazakhstan’s sovereign wealth fund Samruk-Kazyna reported a net profit of USD 3.8 bln in 2024, similar to the USD 3.7 bln profit reported in 2023.

Ukraine

Russian President Putin is due to speak to President Trump today, amid a US push for a ceasefire in the war in Ukraine. The Ukrainian

India

India’s trade secretary reports positive progress in trade talks with the US, aiming for a positive outcome by fall 2025. India has been making concessions,

China

Global CEOs, including Qualcomm’s Cristiano Amon and Saudi Aramco’s Amin Nasser, will attend the China Development Forum in Beijing from March 23-24. The event is

China

China’s offshore yuan weakened to 7.24 per USD, reversing earlier gains due to a lack of significant new details in China’s latest stimulus plan to

Yemen

Crude oil price rose to around USD 67.8/barrel, marking a third consecutive day of gains, driven by concerns over supply disruptions from ongoing conflicts in

Mexico

The OECD predicts global growth will slow to 3.1% this year and 3% in 2026, largely due to trade barriers and uncertainty. The US growth