Day: August 26, 2025

Paraguay

Paraguay retained its Baa3 rating with stable outlook from Moody’s, confirming its investment-grade standing. The agency highlighted GDP growth of 5.9% in Q1 2025, up

Russia

Bolivia’s presidential candidate Jorge Quiroga vowed to cancel contracts signed by outgoing President Luis Arce with Russia and China for lithium development, saying they would

Argentina

Argentina faced renewed market stress after bribery allegations against a Milei ally pressured dollar bonds. Economy Minister Luis Caputo attributed spreads to heightened political risk

Tunisia

Tunisia’s health ministry introduced a national plan to combat medicine shortages, urging doctors to ration prescriptions and use centralized data when prescribing. The plan creates

Russia

South Africa’s presidency warned citizens against job offers in Russia after reports surfaced that recruiters were targeting women for alleged work in drone factories. Alabuga

Kenya

Kenya received a sovereign rating upgrade as S&P lifted its long-term credit rating to B from B-, citing reduced near-term external liquidity risks, strong exports,

India

Guinea recorded a trade deficit of 1.2 tln francs in July, reversing a 2.26 tln surplus in June, according to official data. Exports rose to

Ghana

Ghana’s economy grew 5.7% in 2024 and 5.3% YoY in Q1 2025, according to the World Bank’s 9th Economic Update. The report cited progress on

Egypt

Egypt’s policy outlook drew mixed views as Fitch Solutions forecast the central bank’s key rate falling to 21% by end-2025, then to 11.25% in 2026

Angola

UAE President Sheikh Mohamed bin Zayed visited Angola and met President João Lourenco to discuss expanding bilateral ties. Lourenco emphasized the importance of the visit

Serbia

The Serbian government will introduce measures to curb inflation, including capping retail margins on essentials, lowering loan rates, and expanding subsidies. The move comes amid

Kazakhstan

S&P Global Ratings revised Kazakhstan’s outlook from stable to positive while affirming its ‘BBB-‘ rating, citing fiscal reforms, low external debt, and strong reserves. The

Bosnia and Herzegovina

The National Assembly of Republika Srpska in Bosnia, voted on Friday to call a national referendum, asking voters if they accept the court ruling that

India

Nepal sent diplomatic notes to both India and China on Aug. 21 objecting to their recent trade agreement that used Nepalese territory in Lipulekh without

Denmark

India’s embassy in Washington hired Mercury Public Affairs at USD 75,000 per month for government and media relations, amid rising tensions with the US over