Services
GLOBAL COVERAGE
- ARGENTINA
- BRAZIL ECONOMICS
- BRAZIL POLITICS
- CAUCASUS / CENTRAL ASIA
- CENTRAL AMERICA
- CHILE
- CHINA
- CHINA ADVISORY
- CHINA FINANCIAL
- COLOMBIA
- DOMINICAN REPUBLIC
- ECUADOR
- GULF COUNTRIES
- HUNGARY
- INDIA
- INDONESIA
- ISRAEL
- JAMAICA / BAHAMAS
- KAZAKHSTAN
- MEXICO
- NIGERIA
- PANAMA
- PERU
- PHILIPPINES
- POLAND
- RUSSIA ECONOMICS
- RUSSIA / FSU POLITICS
- SOUTH AFRICA
- TURKEY
- UKRAINE
- VENEZUELA
Events
Databanks
-
Argentina databank Feb 24 -
Brazil Economics databank Feb 20
-
Central America databank Feb 27
-
Chile databank Feb 18
-
China databank Mar 21
-
Colombia databank Mar 4
-
Dominican Republic databank Feb 26
-
Ecuador databank Feb 20
-
Gulf Countries databank Feb 27
-
Hungary databank Feb 18
-
India databank Jun 26
-
Mexico databank Jan 15
-
Panama databank Nov 12
-
Peru databank Feb 27
-
Philippines databank Feb 6
-
Poland databank Feb 19
-
Russia Economics databank Feb 13
-
South Africa databank Mar 4
-
Turkey databank Dec 24
-
Ukraine databank Nov 10
-
Venezuela databank Feb 6
NEWS FLASH
UPCOMING WEBINAR: WAR IN IRAN - IMPLICATIONS FOR THE GULF AND ISRAEL...
COUNTRY INSIGHTS
Institutional Relations Minister Padilha outlined the government’s legislative priorities, Lula criticized the federal agency Ibama regarding oil exploration in the Amazon, and truckers issued a statement about a possible strike
BRAZIL POLITICS · Report · 13 Feb 2025
Yesterday, the Minister of Institutional Relations, Alexandre Padilha, presented the federal government's priorities to the President of the Lower House, Deputy Hugo Motta (Republicanos-PB), during a meeting in the deputy’s office, alongside party leaders. The agenda is divided into six pillars. ...
"Peace for Our Time": Trump talks to Putin—will history repeat itself?
UKRAINE · In Brief · 13 Feb 2025
The ballet of peace negotiations is intensifying. Donald Trump spoke with Vladimir Putin, claiming that the Russian leader wants peace in Ukraine. Meanwhile, newly appointed U.S. Secretary of Defense Pete Hegseth publicly stated that he does not believe Ukraine will regain its 2014 borders and ru...
Russia: a brief market watch
RUSSIA ECONOMICS · In Brief · 13 Feb 2025
Market sentiment improved significantly in the past two weeks as investors started to speculate on a possibility of de-escalation in Ukraine. The conversation between Mr. Trump and Mr. Putin was considered an important indicator of the high likelihood of this scenario. As a result, the ruble appr...
Economic activity in January looks uneven across segments as statistics sends puzzling signals
KAZAKHSTAN · In Brief · 12 Feb 2025
The National Bureau of Statistics began publishing its regular macroeconomic statistics for January, and some data appear surprising. For instance, passenger transportation continued to grow fast in January (by 15.0% y-o-y) having increased by 13.8% in 2024 as a whole. Freight transportation grew...
An AtlasIntel poll confirms President Lula’s approval ratings have declined, Haddad announced that the government has increased its projection for savings this year, and Minister Padilha will meet with allied parties
BRAZIL POLITICS · Report · 12 Feb 2025
A poll released yesterday by AtlasIntel confirms a decline in President Lula’s (PT) approval ratings. For the first time since the start of Lula’s third term, his disapproval ratings surpassed approval beyond the margin of error, which is two percentage points. Yesterday, Finance Minister Fernand...
Federal budget performance in January hints that economic growth gradually decelerates, inflation to remain high
RUSSIA ECONOMICS · In Brief · 12 Feb 2025
The Ministry of Finance reported that the Federal Budget was in deficit in January despite the fact that its total revenues grew by 11.4%, i.e., above inflation, albeit not much. Oil-and-gas (O&G) revenues were up by 16.8% y-o-y, while non-O&G revenues increased by 9.3% y-o-y, which was below inf...
Haddad said the government will wait for concrete measures before setting retaliatory tariffs on the U.S., Haddad will meet with leaders to discuss the economic agenda, and the pace in Congress should pick up after Carnaval
BRAZIL POLITICS · Report · 11 Feb 2025
Yesterday, Finance Minister Fernando Haddad commented on Donald Trump’s announcement to impose 25% tariffs on steel and aluminum imports, stating that the Brazilian government has decided to wait for concrete measures before making any official response. Today, Fernando Haddad will meet with Sena...
Ministry of Finance launches public debt buyback offer
DOMINICAN REPUBLIC · In Brief · 11 Feb 2025
The Ministry of Finance announced that the Dominican Republic has initiated a voluntary public debt buyback offer. The offer will remain open until Feb 14, 2025. This operation covers two groups of bonds: those regulated under Dominican law and those governed by international regulations. Among t...
All forecasts in ruins: CPI-inflation sharply up in January
HUNGARY · In Brief · 11 Feb 2025
No forecast survives the first contact with reality, it seems, one could say paraphrasing general Moltke's famous claim, which is widely known from history. For January, the MNB predicted the headline rate of CPI-inflation at 4.6% yoy in late December. This was followed by a much more recent anal...
Israel’s deficit shrinks to 5.8% of GDP in January as revenues surge; further decline expected in 2025
ISRAEL · In Brief · 10 Feb 2025
Israel’s budget deficit narrows to 5.8% in January 2025 as revenues surge again amid forward payments ahead of planned tax increases The Ministry of Finance announced yesterday that Israel recorded a budget surplus of NIS 23.2 billion ($5.3 billion) in January. The trailing 12-month (TTM) budget ...
The opposition's focus in 2025 and other weekly topics
BRAZIL POLITICS · Report · 10 Feb 2025
The Presidents of the Lower House and the Senate will meet with the 2025 Budget Rapporteur, Senator Ângelo Coronel (PSD-BA), and the President of the Joint Budget Committee (CMO), Deputy Júlio Arcoverde (PP-PI), to discuss the 2025 Budget. Then, they are expected to meet with Supreme Federal Cour...
Economics: Implications of an eventual imposition of tariffs on Mexican products
MEXICO · Report · 10 Feb 2025
The tariffs imposed by Donald Trump on February 1 were paused by the White House for a month as of February 3, conditioned on the "effectiveness" of measures to be implemented by the Mexican government to control the flow of drugs, mainly fentanyl, and the entry of migrants into the US. However,...
Barking up the wrong tree
BRAZIL ECONOMICS · Report · 10 Feb 2025
The government's recent efforts to reduce food and beverage prices suggest that it believes inflation exceeding the upper limit of the target range and its acceleration are consequences of higher food prices. However, as we discuss below, a significant portion of the deterioration results fro...
President Trump announced new tariffs yesterday that will affect Brazil, there is still no agreement on the Federal Budget, and Congress leaders will discuss the parliamentary fund transfers issue this week
BRAZIL POLITICS · Report · 10 Feb 2025
U.S. President Donald Trump announced on Sunday, February 9, that he will impose a 25% tariff on all aluminum and steel imported into the United States this Monday, February 10. These products are among those exported by Brazil to the U.S. There is still no agreement regarding the vote on the Fed...
Analyzing Bulgarian President Radev’s statements on the Russo-Ukrainian war
RUSSIA / FSU POLITICS · In Brief · 10 Feb 2025
• President Rumen Radev wants the EU to be actively involved in negotiations. • Radev heavily criticizes the prosecution of the war, sanctions and lack of political achievements. • Radev open to restoring Russian gas flows to Europe after a peace deal. CONTEXT On February 5, we attended the Econo...