GlobalSource Partners | Country Insights

Ahead of Monday's interest rate decision The Bank of Israel's Monetary Committee will announce its interest rate decision on Monday. Overall, the balance of factors facing the Bank of Israel supports further monetary easing: Inflation surprised on the downside in May. The CPI declined by 0.3%, wh...

GULF WEEKLY: Oil hits $70 despite Iranian strikes, Saudi current account surplus, tourism rebounds in Oman and Bahrain

GULF COUNTRIES · Report · 02 Jul 2026

A skimmable summary overlaid with our analysis and links. Headlines: * The first US-Iran clashes since the MoU was signed took place, but ended with talks in Doha. * A deal on staged Israeli withdrawal from Lebanon, a key Iranian condition, was brokered by the US. * Hormuz transits picked up...

Economic impact of the earthquakes

VENEZUELA · Report · 02 Jul 2026 · 1 response

The double earthquake of June 24, 2026, intensifies Venezuela’s economic crisis. The disaster struck a country with no fiscal space, no access to international financing, an electricity system operating at its limit, a fragile exchange rate regime, and a fractured payment system. It multiplies ex...

One of Flávio Bolsonaro’s closest allies caused political damage to his campaign, former Governor Caiado announced Kassab as his running mate, and leaders discussed the 6x1 work schedule proposal in the Senate

BRAZIL POLITICS · Report · 02 Jul 2026

Journalist Paulo Figueiredo’s statement during a recent livestream that “women return to evil,” made on his Paulo Figueiredo Show podcast last week, is creating a new source of political damage for Senator Flávio Bolsonaro. Figueiredo is one of former Congressman Eduardo Bolsonaro’s closest allie...

Economic performance is mixed across sectors, with trends still hard to pin down

RUSSIA ECONOMICS · In Brief · 02 Jul 2026

Rosstat’s latest 1Q26 GDP data by end-use confirmed a 0.2% y-o-y drop, and in seasonally adjusted terms, output shrank by 0.7% Q-o-Q. National accounts are currently based on 2021 prices, and interestingly, seasonally adjusted figures show GDP as flat y-o-y, even slightly higher. Household consum...

GCC tour reflections and outlook slide deck

GULF COUNTRIES · Report · 02 Jul 2026

This report includes my latest slide deck on the war impact and outlook, along with impressions from my two-week tour of the GCC on the local mood, including attitudes towards the US, Iran and other Gulf states.

Topic of the week: 2Q 2026 Slide deck

CAUCASUS / CENTRAL ASIA · Presentation · 02 Jul 2026

This is the quarterly slide deck for 2Q26 for the Caucasus and Central Asia, comprising a 206-slide detailed description of the economic status quo in Armenia, Azerbaijan, Georgia, Uzbekistan, Tajikistan and Kyrgyzstan. It covers various topics, including growth, economic structure, inflation, ra...

Israel's high-tech sector continues to expand

ISRAEL · In Brief · 01 Jul 2026

Recent data on high-tech services exports (April) and startup fundraising (June) suggest that Israel's technology sector continues to demonstrate resilience despite geopolitical challenges. Israeli startups raised approximately USD 8.45 billion during the first half of 2026, including a record US...

Bi-Weekly Economic News Summary

KAZAKHSTAN · In Brief · 01 Jul 2026

Jun 18 NBK: A national strategic crypto reserve with an investment target of $1 bln has been established in the country. NBK: In June, the Bank, as a regulator, changed investment declaration of the Unified Pension Fun and added new guidelines for alternative investment instruments to be a part o...

Mulino confirms Cobre Panama will not operate under a contract-law framework approved by the National Assembly

PANAMA · In Brief · 01 Jul 2026

President José Raúl Mulino used his address at the opening of the National Assembly’s legislative session to clarify one key point on Cobre Panama: the legal mechanism for a potential reopening will not be a contract law and, therefore, will not be submitted to the National Assembly for approval,...

Central Bank keeps the monetary policy interest rate unchanged in July

DOMINICAN REPUBLIC · In Brief · 01 Jul 2026

The Central Bank decided to keep its monetary policy interest rate unchanged at 5.25% per year in July, a level that has remained in place since November 2025. Likewise, the rate on the Standing Liquidity Expansion Facility (one-day repo) remains at 5.75% per year, while the remuneration rate on ...

Encouraging electoral results, big challenges ahead for the new government

COLOMBIA · Report · 01 Jul 2026 · 1 response

President-elect de la Espriella's victory was expected; in our more stressed scenarios, his chief opponent Iván Cepeda lost in over 75% of all simulations. Still, the new president-elect defeated his closest rival by less than 1 percentage point: the narrowest victory in modern Colombian history....

Former First Lady Michelle Bolsonaro has stepped down as president of PL Mulher, the Senate will hold a plenary debate on the 6x1 work schedule PEC, and leaders meet to discuss the rural debt renegotiation bill

BRAZIL POLITICS · Report · 01 Jul 2026

Former First Lady Michelle Bolsonaro has reached an agreement with the Liberal Party (PL) to step down as chair of PL Mulher, the party's women's wing. The decision follows the public dispute between Michelle and Senator Flávio Bolsonaro (PL), the party's presidential candidate. Today, the Federa...

Essential CIS Politics: June 15-30, 2026

CIS POLITICS · Report · 01 Jul 2026

Major headlines: Ukraine war update: Ukrainian drone strikes on refineries caused fuel shortages, queues, and rationing across Russia. Putin acknowledged the issue on June 30 while officials negotiated imports; military diesel supplies are prioritized over civilian shortages. Front update: ...

With inflation still high in June, the NBK will probably hold steady in July

KAZAKHSTAN · In Brief · 01 Jul 2026

The Bureau of National Statistics reported a slight y-o-y inflation slowdown (to 10.3% from 10.4% in May), but m-o-m inflation ticked up to 0.8% from 0.7% in May, showing disinflation has nearly stalled since October 2025. Last year’s sharp base rate hike cooled the economy and slowed household c...