China
US stocks declined Thursday with the S&P 500 and Nasdaq down 0.2%, and Dow down 230 pts. Market jitters followed Trump’s plan to impose unilateral
June 13, 2025
US stocks declined Thursday with the S&P 500 and Nasdaq down 0.2%, and Dow down 230 pts. Market jitters followed Trump’s plan to impose unilateral
Honduras received an additional USD 160 mln from the IMF after completing its 3rd review under the EFF/ECF, bringing total disbursements to USD 485 mln.
Costa Rica’s IMAE rose 3.4% MoM in April, rebounding from March’s drop and reaching a record high. Manufacturing and construction led gains. YoY growth reached
The US evacuated non-essential staff from its embassy in Baghdad amid Iranian threats of retaliation if attacked. Iran and the US are set to resume
Uganda’s FY25/26 budget is UGX 72.4 tln , with domestic revenue covering 60%. Public debt reached UGX 116 tln (~USD 30 bln) by June 2025,
Tanzania revised its FY25/26 budget down to TZS 56.49 tln from 57.04 tln due to expected donor shortfalls. It plans to borrow TZS 6.27 tln
Rwanda’s 2025/26 budget was set at RWF 7.03 tln , up from RWF 5.82 tln in FY24/25. Capital expenditure will be RWF 2.68 tln ,
Kenya’s lawmakers approved a plan to raise KES 125 bln for road projects using fuel import taxes as collateral. While it provides short-term liquidity, MPs
Kenya presented a USD 32.5 bln FY25/26 budget aimed at reviving growth after floods and protests weakened 2024 growth to 4.7% from 5.7%. New measures
Israel is preparing potential strikes on Iran’s nuclear sites, raising fears of a regional crisis. Netanyahu’s hawkish coalition and Iran’s vulnerabilities have increased the likelihood
Serbia’s central bank kept its key policy rate at 5.75%, citing uncertainty regarding protectionist measures and its impact on inflation and growth. The decision came
Ukraine was promised up to EUR 9 bln in military aid by Germany, according to Defense Minister Pistorius, though Berlin ruled out sending Taurus missiles.
Russia continued gaining momentum in its war effort with growing advantages in manpower, firepower, and finances, according to Bloomberg analysts. Despite shifting US policy under
Vietnam had its Ba2 rating and stable outlook affirmed by Moody’s, citing high growth potential, macroeconomic stability, and strong FDI resilience to US tariffs. Risks
Nepal reported a drop in inflation to 2.77% in mid-May 2025, according to the Nepal Rastra Bank.