Paraguay
Paraguay’s GDP grew by 3.6% YoY in Q4 2024, accelerating from a downwardly revised 3.1% expansion in the previous quarter. The growth was primarily driven
March 31, 2025
Paraguay’s GDP grew by 3.6% YoY in Q4 2024, accelerating from a downwardly revised 3.1% expansion in the previous quarter. The growth was primarily driven
Bolivia’s financial system regulator, ASFI, introduced new changes to the use of debit and credit cards abroad. Purchases and withdrawals exceeding USD 100 will now
Uganda and Dubai-based Alpha MBM Investments LLC signed a deal to jointly develop a 60,000 bpd oil refinery. Alpha MBM will hold a 60% stake,
South Africa’s Democratic Alliance (DA) criticized the African National Congress (ANC) for refusing to share control of economic policy, which could cause the collapse of
Moody’s downgraded Mozambique’s local-currency long-term issuer rating to Caa3, citing severe liquidity challenges due to difficulties in refinancing debt and fiscal pressures exacerbated by political
Ghana’s central bank raised the benchmark interest rate to 28% from 27% to curb inflation. The move aims to re-anchor the disinflation process, and the
Lebanon appointed Karim Souaid as the new central bank governor. Souaid, a former HSBC banker, is tasked with leading Lebanon’s economic overhaul. Tensions emerged as
Israel’s military struck a Hezbollah drone-storage facility in Beirut in retaliation for strikes from southern Lebanon into Israel. This marked the first attack on Beirut
Sanctions on Serbia’s national oil and gas company NIS have been postponed for a further 30 days, according to President Vucic. NIS is majority owned
S&P Ratings assigned Kyrgyzstan a B+ rating with stable outlook, its first rating of the country. The agency noted rapid economic growth in recent years,
Economic growth in Central Asia will reach 5.7% this year, before easing to 5.2% next year, according to the EBRD chief economist. This is expected
ING Bank revised Azerbaijan’s 2025 GDP growth forecast to 3%, up from the December forecast of 2.6%. However, growth is projected to slow to 2.5%
Ukrainian President Zelensky said on Friday that Kyiv has received from the US a new proposal for a minerals deal, which is said to include
Vietnam and Brazil agreed to boost bilateral trade to USD 15 bln by 2030 and increase cooperation in areas such as national defense, security, technology,
Consumer prices in Sri Lanka’s capital, Colombo, fell by 2.6% YoY in March, following a 4.2% decrease in February and exceeding the expected 2.3% drop.
A 7.7-magnitude earthquake hit Myanmar, shaking buildings and triggering evacuations in neighboring Vietnam and Thailand. In Bangkok, a 30-story building collapsed, trapping 83 people and
Laos’ inflation rate decreased to 11.2% in March, down from 12.7% in February. The highest price rise in March was recorded in housing, water, electricity,
The Indian rupee gained on the last day of the financial year due to demand from banks looking to trade excess dollars and corporates aiming