Costa Rica
Costa Rica’s trade deficit narrowed to USD 160 mln in April from USD 532 mln YoY as exports surged 18% YoY, driven by transportation equipment,
May 23, 2025
Costa Rica’s trade deficit narrowed to USD 160 mln in April from USD 532 mln YoY as exports surged 18% YoY, driven by transportation equipment,
Brazil’s 10Y bond yield hovered at 14.15%, reflecting concerns over fiscal sustainability and the high Selic rate (14.75%). Markets remain skeptical of the government’s primary
Argentina’s trade surplus narrowed to USD 204 mln in April, down sharply YoY due to a 37.2% jump in imports led by capital and consumer
Zambia expects a record 3.66 mln tons of corn in 2025, more than doubling from 2024’s drought-hit output. The rebound should help cool food inflation
Nigeria’s ruling APC endorsed President Tinubu for a second term in 2027. Reform momentum may slow in his final pre-election years, with tax administration reforms
Ghana aims to double weekly gold output to 3 tonnes via expanded small-scale mining and state-led buying through the new Gold Board. The move could
Central Bank of Egypt cut rates by 100 bps to 24% (deposit) and 25% (lending), marking the second cut this year. The move was smaller
Cameroon’s finance minister received presidential approval to borrow up to USD 348 mln from global markets to address fiscal shortfalls in 2025. Syndicated loans are
Mongolia’s ruling coalition is on the verge of collapse as the Prime Minister faces political scrutiny, amid continuing protests calling for his resignation. Disagreements between
Kyrgyzstan’s finance ministry has mandated several banks in preparation for external debt issuance, it was reported. The sovereign is planning an inaugural USD denominated 5y
The Italian senate has approved a process of transferring migrants awaiting deportation to centers in Albania. The controversial law is possible because of a bilateral
India’s Sensex rebounded 0.8% to 81,541, recovering from a two-week low, as optimism around US-China trade talks lifted tech stocks. Gains were capped by concerns
G7 finance ministers and central bank governors pledged coordinated action against global economic imbalances and non-market policies—implicitly criticizing China’s subsidies. They also discussed tightening Russia
China and the US reaffirmed high-level diplomatic contact through a phone call between Vice Foreign Minister Ma Zhaoxu and Deputy Secretary of State Christopher Landau.
The USD index (DXY) fell to around 99.6 on Friday, set for a weekly loss of over 1%, pressured by rising US fiscal concerns after