Day: June 24, 2025

Mexico

Mexico issued USD 4.5 bln in global bonds to manage existing debt. Other issuers included Argentina’s Córdoba province, Brazil’s JBS SA, Kuwait, Barbados, and Antigua &

Guatemala

Guatemala’s inflation eased to 1.7% in May, while core inflation stayed near 4%. The current account surplus narrowed to 2.9% of GDP in 2024, and public

Argentina

Argentina’s economy grew 0.8% QoQ in Q1 2025, below the 1.5% consensus, though annual growth reached 5.8%. Consumer spending rose 2.9% QoQ. An IMF mission was

South Africa

South Africa signed a USD 1.5 bln World Bank loan agreement with a 16-year maturity and 3-year grace period. Funds will address infrastructure bottlenecks in energy

Mozambique

Mozambique’s Energy Minister said no request has been made yet by TotalEnergies to lift force majeure on its USD 20 bln LNG project, but a summer

Cote d’Ivoire

Ivory Coast aims to boost oil output fivefold to 500,000 bpd by 2035, targeting a top-five spot in Africa and producing 1 million cubic feet of

Angola

Angola secured over USD 500 mln in financing from the US International Development Finance Corp. for the Lobito corridor railway project. The deal, still under negotiation,

China

Italy’s PM Meloni announced a joint EU-Italy plan to convert EUR 235 mln of African debt into development projects over 10 years, backing the Mattei Plan and

Israel

Iran launched missiles at US bases in Qatar and Iraq in retaliation for US strikes on its nuclear facilities. Qatar’s defense ministry said all missiles were

Georgia

Three Georgian opposition politicians have been jailed, the first to be convicted in a series of prosecutions aimed at critics of the government who refused

Kazakhstan

Kazakhstan is set to issue two USD-denominated Eurobonds, with 7-year and 12-year maturities, listed across three exchanges: LSE in London, and AIX and KASE in

Iran

Thailand’s baht weakened amid US-Iran tensions and growing political pressure on the PM to resign. The Bank of Thailand was expected to hold rates steady

Laos

Laos reported that the China-Laos Railway spurred nationwide infrastructure development, improved mobility, and opened up new opportunities for youth and trade. Locals noted improved travel,

India

India and the US accelerated talks to finalize a trade deal before July 9, when higher US tariffs are set to apply. Key disagreements remained