Dominican Republic
The Dominican Republic saw a 9.85% drop in tourism arrivals in February 2025, recording 588,212 non-resident passengers, compared to 755,832 in the same month the
April 7, 2025
The Dominican Republic saw a 9.85% drop in tourism arrivals in February 2025, recording 588,212 non-resident passengers, compared to 755,832 in the same month the
Costa Rica’s Ministry of Foreign Trade announced plans to engage with US officials regarding President Trump’s 10% tariff increase on Costa Rican exports. The US
The Brazilian real weakened past 5.82 per USD, reversing its previous gains. Escalating trade tensions, including China’s retaliatory tariffs, have heightened fears of a global
Bolivia’s top industry association is urging a nationwide wage freeze in 2025 to avoid exacerbating the country’s fragile financial situation. Rising costs, fuel shortages, and
Tanzania’s economy is projected to grow by 5.5% in 2024, supported by public and private sector investments. Growth in the fourth quarter of 2024 was
Senegalese President Bassirou Diomaye Faye stated that he had made every effort to reintegrate Mali, Burkina Faso, and Niger into ECOWAS, but to no avail.
Nigeria’s central bank stepped into the currency market, selling dollars to banks to alleviate pressure on the naira, which had been shaken by a selloff
Mozambique’s central bank has raised the required percentage of foreign earnings exporters must convert into local currency from 30% to 50%. This measure aims to
Moody’s downgraded the outlook for Botswana from stable to negative, citing risks from a prolonged downturn in the diamond industry, a key economic driver. The
Israel has deployed troops in northern Gaza to expand a buffer zone and intensify its operations against Hamas. This follows the collapse of a two-month
Central Asian countries experienced an unusually intense heatwave in March that could impact crop yields, including fruit and wheat. Temperatures hit close to record highs
The energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan, have signed an MoU with the Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB) to
Ukraine’s proposals regarding the US minerals deal will be ready next week, according to President Zelensky. Subsequently , a technical team will travel to the
Foreign direct investment in Ukraine fell 25% in 2024 compared to the previous year, from USD 4.5 bln to USD 3.3 bln. This was despite
Vietnamese President To Lam is willing to eliminate tariffs to prevent the imposition of new U.S. duties. Vietnam proposes reducing duties on US imports to
Vietnam’s GDP grew by 6.93% in Q1 2025, slower than the forecasted 7.1%. The slowdown is attributed to the potential impact of U.S. tariffs, especially
Sri Lanka, India, and the UAE signed an agreement to develop an energy hub in Sri Lanka’s Trincomalee area during a visit by Indian Prime
China announced it would impose an additional 34% tax on all U.S. goods starting April 10, as retaliation against President Trump’s new tariffs. Meanwhile, Vietnam
Crude oil prices dropped 7.4% to USD 62 per barrel, marking its lowest level since August 2021. The steep decline comes amid fears of a