Day: May 14, 2025

Paraguay

Paraguay’s trade deficit widened to USD 423 mln in Mar-25 from USD 328 mln YoY. Exports fell 6.4% YoY on weaker electricity and soybean sales.

Brazil

Brazil’s real strengthened past 5.6 per USD, its strongest since October, aided by soft US CPI and carry appeal. President Lula secured a USD 9

Uganda

Bank of Uganda kept its policy rate unchanged at 9.75% for a third meeting, citing global inflation risks. Annual headline inflation rose slightly to 3.5%

Senegal

Senegal’s President Faye sought up to USD 1.7 bln in digital infrastructure investments, including nationwide 5G by 2030. The effort supports job creation and public

Nigeria

According to the World Bank, Nigeria risks budget shortfalls as Brent trades nearly USD 10/bbl below the 2025 benchmark and oil output is 20% below

Namibia

Namibia’s annual inflation slowed to 3.6% in April from 4.2% in March. Prices for food and non-alcoholic drinks softened. MoM CPI rose by 0.2%.

Ethiopia

Ethiopia’s government said it is reviewing a draft MoU to restructure USD 8.4 bln in official debt and expects a deal by June. Commercial debt

Russia

Tajikistan received USD 5.8 bln in remittances in 2024, up 27% YoY from USD 4.6 bln, equivalent to 45% of GDP. Most remittances came from

United Arab Emirates

Kazakhstan signed a USD 1.1 bln investment deal with a UAE aviation services provider to develop the capital’s airport, including a second runway, third terminal,

Azerbaijan

Azerbaijan’s economy grew 0.9% YoY in Jan–Apr 2025, up from 0.3% in Q1 but far below 4.3% in the same period of 2024. The non-oil

Ukraine

Ukraine’s President Zelenskyy said he will be in Ankara Thursday to meet President Erdogan and await Putin for peace talks. Heavy US and European pressure

India

India’s annual inflation rate eased to 3.16% in April 2025, the lowest since July 2019, down from 3.34% in March and below market expectations of

Iran

WTI crude climbed to USD 63.8/bbl amid fresh Iran sanctions threats and a temporary US-China tariff truce. OPEC+ output rose sharply since April, but crude