GlobalSource Partners | Country Insights

In the recent World Economic Outlook, the IMF projected Kazakh GDP growth at 4.4% for this year. In dollar terms, the Fund expected GDP to reach nearly $398 bln. Earlier, the country’s authorities anticipated GDP growth of over 5.0% in 2026 and aimed for faster economic expansion in the coming ye...

Bi-Weekly Economic News Summary

KAZAKHSTAN · In Brief · 04 Nov 2026

Oct 22 Direct investments: Baiterek Holding and Chinese Guoyou Materials have signed a memorandum regarding a $1 bln project for a new terminal at the port of Kuryk. Oct 23 NBK: The Bank lowers base rate from 16.25% to 15.75% and plans no changes to the base rate this year. KMG: The company plans...

Tug-of-war over fiscal consolidation and other weekly topics

BRAZIL POLITICS · Report · 03 Nov 2026

The government may send Congress a Provisional Measure addressing the Selective Tax. A constitutional amendment may also be introduced to adjust the end of the 6-on/1-off work schedule for sectors subject to different working-hour arrangements. A meeting of Camex is expected to review the 12% exp...

Tisza's anticorruption drive received a further push forward today

HUNGARY · In Brief · 03 Nov 2026

The National Assembly elected the new Prosecutor General today, after a relatively long period of impasse, because of initial disagreement between Tisza and the also new President of the Republic on who could be the right candidate for the job. This post had been empty since the previous chief pr...

Synthesis of the Brazilian Economy

BRAZIL ECONOMICS · Report · 03 Nov 2026

TURBULENCE AHEAD As the information brought by Lula’s surprising re-election is processed and the political world moves into the new configuration of the board, the most relevant vectors in defining the coming months and years begin to be outlined, revealing a picture of uncertainty ahead. Names...

2027 annual policy agreement: A good first step, anchor still missing

VENEZUELA · Report · 03 Nov 2026

Venezuela’s Executive and its central bank (BCV) have published the 2027 Annual Agreement on Economic Policies, the first since 2008. That’s good news on the institutional front: the authorities are once again putting growth and inflation targets in writing and committing to coordinate fiscal, mo...

The “miracle” bill

COLOMBIA · Report · 03 Nov 2026

President Abelardo de la Espriela’s new Economic Rescue Bill (ERB) is an all-encompassing and ambitious proposal (“miraculous” according to the government) that, besides rhyming with the “patria milagro” (miracle fatherland), a slogan of his administration, aims to generate a primary balance impr...

The Senate may vote on the Public Security PEC, the Copom will meet today to discuss the benchmark interest rate, and the government may send to Congress the provisional measure on the Selective Tax this week

BRAZIL POLITICS · Report · 03 Nov 2026

After the All Souls’ Day holiday, Brasília returns to a packed week. Today’s main focus is the Senate floor, which may vote on the Constitutional Amendment Proposal (PEC) on Public Security, the Lula administration’s flagship proposal on the issue. Senate President Davi Alcolumbre approved a spec...

October inflation: not so bad but, Houston, we have a (bigger) problem

TURKEY · Report · 03 Nov 2026

Consumer prices rose at a somewhat faster than expected pace of 2.6% m/m in October, with annual CPI inflation edging up slightly as a result, to 29.8% from 29.7% in September. Domestic PPI posted a 1.6% month-on month increase in October, as its 12-month rate remained broadly unchanged at 27.4%....

A rate hike is not a peso defense strategy

PHILIPPINES · Report · 03 Nov 2026

The BSP's recent 50-basis-point policy rate increase should be understood primarily as a response to mounting inflationary pressures, not as an attempt to defend a particular peso-dollar exchange rate. Under its inflation-targeting framework, the central bank's principal responsibility is price s...

Stagflation by design? Milei’s monetary strategy and its costs

ARGENTINA · Report · 02 Nov 2026

The Milei government has tried to break inflationary inertia by simultaneously controlling the nominal exchange rate and the money supply. To do so, it has relied on three heterodox tools: the cepo (exchange controls), the provision of exchange-rate hedges, and the sterilization of reserve purcha...

Weekly Report - November 2, 2026: Israel's election results complicate government formation; 2027 budget faces delays; growth outlook remains resilient; Bank of Israel likely to keep rates on hold

ISRAEL · Report · 02 Nov 2026

The election results left Netanyahu's bloc with 53 seats, the Zionist opposition with 48 and the Arab parties with 19, leaving neither bloc with a parliamentary majority. President Herzog is expected to begin consultations after the official results are published on November 5. Three main scenari...

Politics: INE crisis puts the legitimacy of the 2027 elections at risk

MEXICO · Report · 02 Nov 2026

The resignation of INE President Guadalupe Taddei on October 26, after a week of revelations about corruption and influence peddling, has opened a deep crisis of credibility in Mexico’s electoral authority just as the 2027 election cycle begins. Investigations point to a network of supplier compa...

Essential CIS Politics: October 16 - November 2, 2026

CIS POLITICS · Report · 02 Nov 2026

Key topics: * Ukrainian forces completed Operation Vivaldi under Brigadier General Andrii Biletskyi and restored control over 277 square kilometers north of Lyman. * Putin stated that Russian troops had established control over Dobropole, but Ukrainian officials rejected the claim...

Czechia's outlook: Election results, fiscal constraints and the CNB's next move - Slide presentation and webinar replay

CZECHIA · Presentation · 02 Nov 2026

What do the senate and municipal election results mean for Czechia's outlook? With the opposition keeping its veto power in the Senate, how will Babiš pursue his agenda? What's ahead for fiscal policy? How will the central bank handle its upcoming interest rate decision? Get insight into Czec...