Day: May 13, 2025

Paraguay

Paraguay’s IMAEP contracted 2.3% m-o-m s.a. in March but rose 4.4% y-o-y. Non-agriculture/hydropower sectors grew 6.8% y-o-y in Q1. The central bank revised 2025 GDP

Colombia

Colombia’s President Petro confirmed plans to sign on to China’s Belt and Road Initiative. During his Beijing visit, Petro said the pact would deepen China-Latin

China

China announced nearly USD 10 bln in yuan credit lines for Latin American and Caribbean countries at the China-CELAC Forum, expanding its 2015 pledge. Trade

Argentina

Argentina’s central bank intervened to halt a USD 100 mln bond sale by Banco Supervielle that could have pressured the parallel peso market. The bank

Senegal

Senegal announced a USD 1.7 bln digital infrastructure initiative to support 5G rollout and job creation. President Faye said the investment would boost connectivity and

Nigeria

Nigeria’s Borno State banned petrol sales in Bama to curb a resurgence in militant attacks. The governor said the move supports counter-insurgency operations.

Nigeria

Nigeria could boost tax revenues by 66% and reduce poverty by 2.6 ppts if it lifts tariffs and import bans, according to the World Bank.

Kenya

Kenya will undergo a new IMF debt sustainability analysis to assess financing needs. The country must raise at least USD 26 bln in the next

Cote d’Ivoire

Ivory Coast opposition leader Tidjane Thiam resigned as head of the Democratic Party of Ivory Coast following court rulings challenging his eligibility. He will serve

Egypt

Egypt signed a 10-year agreement with Höegh Evi Ltd. to deploy a floating LNG import terminal at Sumed port by Q4 2026. The vessel will

Kazakhstan

The vulnerability of Azerbaijan’s economy to oil price fluctuations has been highlighted by analysts at ING, who estimate that a USD 1 change in the

Albania

In Albania, Prime Minister Edi Rama is on track to win a fourth term in office, following his party winning 52% of the vote in

Russia

US President Trump has said he is considering flying to Istanbul this Thursday, to join potential peace talks between President Zelensky and President Putin. The

Sri Lanka

Sri Lanka secured a USD 1 bln World Bank loan to support agriculture, tourism, and energy sectors as the country continues its post-crisis recovery. The

India

India proposed imposing import duties on select US products in retaliation to Washington’s tariffs on Indian steel and aluminum, according to a WTO notice. New