NEWS FLASH
The Philippine Statistics Authority reported today that GDP grew 7.4% year-on-year (yoy) in 2Q. The relatively high headline growth number continues to reflect base effects, i.e., impact of pandemic and lockdowns on last year’s GDP, and is roughly in line with the 7.5% median forecast of anal...
Kyiv is keen to let the media know that the Ukrainian Army has recruited Russian dissidents. Some of them are Prisoners of War have been allowed to change sides. They are called the Freedom of Russia Legion (FRL). Some of them traveled to Ukraine via third countries.
The number of soldie...
The central government's cash balance was a HUF256bn surplus, which brought the cumulative seven-month deficit down to 7.4% of GDP, from H1's 9.6% and a record-high 16% in Q1. Although July tends to be a month with relatively strong fiscal cash flow, because of a quarterly peak of VAT pay...
Geopolitics: Violence escalated in the region following Israel’s striking at Islamic Jihad positions (and commanders) in Gaza and subsequent firing of some 800 missiles into Israel. Israel’s Iron Dome succeeded in neutralizing 96% of those missiles approaching populated...
On Friday, President Castillo reshuffled his Cabinet for the fifth time in a year of government.
Although his Prime Minister (PM), Mr. Anibal Torres, had resigned, President Castillo said on Friday that had confirmed him once again. In addition, he made 6 more changes, and the most ...
On August 6 Ukraine said that Russia has been using the Zaporizhzhia nuclear power plant as a military base and firing on Ukrainian positions from there. Ukraine does not fire back at the plant for fear of causing a nuclear catastrophe. The plant has sustained major damage but it is unclear wh...
On August 5 three ships carrying a total of 80,000 tons of grain sailed out of Odessa.
On August 6 a Barbadian ship arrived in Chornomorsk, Ukraine to pick up grain. It will sail to Turkey. Several more ships are due to dock in Ukraine over the next few days.
Chornomorsk ...