Day: August 25, 2025

Paraguay

Paraguay’s central bank held its benchmark rate steady at 6%, citing expectations that inflation will remain within the 1.5%-5.5% target band. Inflation accelerated to 4.3%

Argentina

Argentina’s monthly activity index (EMAE) dropped 0.7% m/m in June, extending May’s decline, leaving activity 1.3% below February’s peak before FX controls were lifted. YoY

Tunisia

Tunisia saw its largest protest in months as the powerful UGTT labor union mobilized against President Kais Saied’s mounting pressure on civil society. Demonstrators denounced

Senegal

Senegal came under pressure from civil groups and opposition lawmakers calling for an audit of USD 7 bln in previously undisclosed debt accumulated under former

Rwanda

Rwanda’s central bank lifted the policy rate by 25 bps to 6.75% for the next three months, describing it as appropriate to keep inflation within

Nigeria

Nigeria’s FX reserves climbed to USD 41 bln by Aug. 19, the highest since December 2021, according to central bank data. Reserves gained momentum in

Namibia

Namibia’s Bank Windhoek issued the country’s first sustainability-linked bond, raising NAD 250.5 mln in a three-year deal oversubscribed 1.75 times. The bond is tied to

Iran

Iran was hit with fresh US sanctions targeting networks accused of facilitating oil sales. The State Department designated two Chinese terminal operators for importing “millions

DR Congo

DR Congo faces worsening insecurity in the east, as UN officials warned of intensifying clashes between the army and Rwanda-backed M23 rebels, alongside reports of

Russia

Serbia is close to finalizing a new long-term gas supply deal with Russia’s Gazprom before its current contract expires in September, securing discounted prices well

Kazakhstan

Kazakhstan’s government has ordered oil majors at the Kashagan field to pay a USD 4.4 bln fine for sulfur pollution within 40 days, despite a

Georgia

Georgia’s unemployment rose to 14.3% in Q2 2025, up 0.6 percentage points from last year, driven mainly by falling women’s employment.

Russia

Ukrainian President Zelensky said only Donald Trump can stop Vladimir Putin, as talks with the US have not yet produced a path to peace negotiations

Vietnam

Vietnam set an ambitious growth target of 10% annually and per capita income of USD 8,500 by 2030, according to a Finance Ministry report. Achieving

Laos

Laos cut its base rate by 0.5 pp in mid-August to ease financial pressures on households and businesses, according to the Bank of Laos. Inflation

India

Japan is considering announcing a 10 tln yen (USD 68 bln) private investment target in India over the next decade, updating its earlier 5 tln

Pakistan

Bangladesh and Pakistan agreed to strengthen long-strained ties, including efforts to expand trade, though Dhaka reiterated its unresolved demand for an apology over atrocities committed