Peru
Peru’s 12-month trade surplus hit a record USD 26.7 bln in April. Exports rose 12.4% YoY, led by fishmeal, fish oil, and metals. Non-traditional exports
June 16, 2025
Peru’s 12-month trade surplus hit a record USD 26.7 bln in April. Exports rose 12.4% YoY, led by fishmeal, fish oil, and metals. Non-traditional exports
Peru’s economy grew just 1.4% YoY in April, missing forecasts due to sharp contractions in fishing (-24%) and agriculture (-8%). Weakness in these key sectors
Paraguay posted a USD 538 mln trade deficit in May, reversing a USD 421 mln surplus a year earlier. Exports dropped 8.4% YoY, led by
Argentina’s monthly inflation dropped to 1.5% in May, the lowest since 2020, bringing YoY inflation to 43.5% from 211% when Milei took office. The fall
South Africa will lead the next Global Fund replenishment to combat AIDS, TB, and malaria, aiming to raise USD 18 bln for 2026–2028. The effort
Nigeria’s central bank barred banks under regulatory forbearance from paying dividends, issuing director bonuses, or investing abroad until they exit forbearance and meet capital standards.
Egypt’s main stock index posted its biggest loss in over a year amid regional tension, and the Egyptian pound weakened beyond 50 per USD. Regional
Burkina Faso finalized the transfer of five gold mining assets from Endeavour and Lilium to state-owned SOPAMIB, as part of a broader push to boost
Israel reportedly planned to assassinate Iran’s Supreme Leader, but former US President Trump vetoed the move. US officials remain closely involved in monitoring the situation,
Israel and Iran continued mutual bombardments for a third day, causing at least 13 deaths in Israel and 80 in Iran. The conflict rattled global
Serbia’s FX reserves fell EUR 306.5 mln in May to EUR 27.4 bln, but still covered 6.6 months of imports and 167% of M1. Net
Azerbaijan’s sovereign rating was affirmed by Fitch, citing a strong external balance sheet and low debt, but flagged weak governance and oil dependence. SOFAZ assets
Russia launched missile and drone attacks on Ukraine’s Kremenchuk oil refinery and nearby agriculture facilities. Separately, debris from Ukrainian drones caused a fatal fire at
Vietnam and the US scheduled a virtual meeting to continue trade talks and prepare for higher-level negotiations between their commerce ministers. Both sides agreed to
Crude oil (WTI) surged 7.2% to just under USD 73 per barrel after an Israeli strike on Iran raised fears of wider conflict. Iran’s control