GlobalSource Partners | Country Insights

This is the final week of campaigning before the first round of elections, which will take place next Sunday (October 4). Free election advertising on radio and television ends on Thursday (October 1). TV Globo will host the final debate among the presidential candidates. Flávio Bolsonaro has alr...

A brief comment on recent MNB talk

HUNGARY · In Brief · 28 Sep 2026

Last Tuesday (September 22), the Monetary Council halted its three-month long loosening 'mini-cycle', raised its inflation forecast for the next five quarters and reduced its medium-term inflation target to 2.5% from 3%, although the latter only from January 2028 (which matters very little in pra...

Chronicle of a fiasco foretold

BRAZIL ECONOMICS · Report · 28 Sep 2026

The government’s new budget forecasts indicate that the fiscal framework rules should be met in 2026, with the help of a spending freeze. However, in recent years, this has only been possible because the government lowered the targets, expanded deductions and resorted to parafiscal measures. On t...

Politics: Electoral process—Morena goes all in, and the INE backs it up

MEXICO · Report · 28 Sep 2026

Mexico's 2027 electoral process, which formally began on September 10, is shaping up as far more than a routine midterm contest over 500 federal deputies, 17 governorships, and 1,800 mayoralties. For President Sheinbaum and Morena, the stakes are very high: preserving the qualified congressional ...

False information linked Flávio to an alleged proposal to strip Our Lady of Aparecida of her title as Patroness of Brazil, the first round of the election will be held on Sunday, and Flávio will participate in a debate on Thursday

BRAZIL POLITICS · Report · 28 Sep 2026

The spread of false information linking Senator and presidential candidate Flávio Bolsonaro (PL-RJ) to an alleged proposal to strip Our Lady of Aparecida of her title as Patroness of Brazil generated nearly 1 million social media posts in less than three days, becoming the third-largest political...

Weekly Report - September 28, 2026: Growth moderates; wider Israel-US rate gap weighs on the shekel; Supreme Court review on Thursday

ISRAEL · Report · 28 Sep 2026

Activity data suggest that the economy continued to expand at the start of Q3, although at a more moderate pace, while strong credit growth points to continued resilience. Israeli high-tech fundraising also remained strong in Q3, reaching USD 3.6bn and reinforcing continued capital inflows. With ...

Four challenges ahead of the 2027 elections

ARGENTINA · Report · 28 Sep 2026

With 13 months to go before the next presidential election, in which the ruling party will seek reelection, and 11 months before the mandatory primary elections (PASO), President Javier Milei’s government faces four major challenges. The first is to meet its dollar financing needs without losing ...

Some thoughts on the Trump-Xi Summit

CHINA FINANCIAL · Report · 28 Sep 2026

Special points to highlight in this report: * The Trump-Xi summit can produce a temporary accommodation between Washington and Beijing, but the underlying conflict between the US and China is about both the very different roles they play in global imbalances and the very different forms of le...

Where do we stand?

TURKEY · Report · 27 Sep 2026

Turkey’s fund scandal is by no means over, with small odds of contagion in the fund industry and a confidence crisis in equities. The conversation is shifting to AKP connections of alleged manipulators, with a deputy chairman of the party resigning on Saturday, pending an investigation. Contrary ...

GULF WEEKLY: US-Iran talks in UN sidelines, Europe rallies to defend Saudi Arabia, Qatar issues bond

GULF COUNTRIES · Report · 25 Sep 2026

A skimmable summary overlaid with our analysis and links. Headlines: * US-Iran indirect talks were held in New York, but it is unclear how much progress has been made. * Trump’s UN speech contemplated annihilating Iran but said he expects a deal after the midterms. * European countries offer...

The press is publishing a number of stories involving Flávio and Lula, President Lula should sign a provisional measure banning online sports betting, and next week is the final week of the election campaign

BRAZIL POLITICS · Report · 25 Sep 2026

As the campaign enters its final stretch, the press is publishing a number of stories involving Flávio Bolsonaro and President Lula. The Federal Police extracted roughly three months of conversations between banker Daniel Vorcaro and Senator Flávio Bolsonaro (PL-RJ) from Vorcaro’s cellphone. Marc...

Political update – September 25, 2026: Eisenkot bloc stabilizes, Arab parties disqualified ahead of Supreme Court review, and do polls underestimate Likud?

ISRAEL · Report · 25 Sep 2026 · 1 response

Recent polls suggest that Eisenkot’s bloc is stabilizing, but the post-election arithmetic remains complicated, with several possible coalition scenarios discussed in this report. The disqualification of Ra’am and the Joint List now moves to the Supreme Court, which has overturned similar decisio...

TOPIC OF THE WEEK: Policy rates—higher for longer?

CAUCASUS / CENTRAL ASIA · Report · 25 Sep 2026

The unfolding of the Iran crisis and the attendant inflation shock has changed the way central banks in the region have been assessing risks and acting upon them. Kyrgyzstan was tightening even before the onset of the crisis, but Georgia (in May) and Armenia (last week) also raised policy rates, ...

Mexico at a crossroads: Growth, fiscal strains and trade uncertainties - Slide presentation and webinar replay

MEXICO · Presentation · 24 Sep 2026

With job creation and productive investment remaining weak, what will it take to reignite Mexico’s economic growth? How serious are the challenges facing Mexico’s public finances, and what are the implications for the country's economic outlook? How can inflation be put in check? What is the futu...

The use of litigation in the presidential campaign is increasing but the cases should have little impact on the electorate, and the latest poll continues to show a highly competitive race between Lula and Flávio Bolsonaro

BRAZIL POLITICS · Report · 24 Sep 2026

The use of litigation in the presidential campaign is increasing as the race enters its final stretch. The Workers’ Party (PT) has asked Supreme Federal Court (STF) Justice Flávio Dino to investigate possible U.S. interference in Brazil’s elections aimed at benefiting presidential candidate Flávi...