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Events
Databanks
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Argentina databank Feb 24
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Brazil Economics databank Feb 20
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Central America databank Feb 27
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Chile databank Feb 18
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China databank Mar 21
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Colombia databank Feb 4
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Dominican Republic databank Feb 26
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Ecuador databank Feb 20
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Gulf Countries databank Feb 27
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Hungary databank Feb 18
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India databank Jun 26
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Mexico databank Jan 15
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Panama databank Nov 12
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Peru databank Feb 27
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Philippines databank Feb 6
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Poland databank Feb 19
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Russia Economics databank Feb 13
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South Africa databank Feb 6
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Turkey databank Dec 24
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Ukraine databank Nov 10
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Venezuela databank Feb 6
NEWS FLASH
UPCOMING WEBINAR - OIL MARKETS 2026+: GEOPOLITICAL RISKS AND SUPPLY DYN...
COUNTRY INSIGHTS
The Central Bank keeps the monetary policy rate unchanged in March 2026
DOMINICAN REPUBLIC · In Brief · 25 Feb 2026
The monetary policy rate will remain at 5.25% per year, according to the Central Bank's decision adopted today. The rate on the permanent liquidity expansion facility (1-day repos) remains at 5.75% per year, while the rate on remunerated deposits (overnight) continues at 4.50% per year. The Centr...
Panama, the U.S., and China: ports as a geopolitical linchpin
PANAMA · Report · 25 Feb 2026
Panama’s takeover of the Balboa and Cristóbal seaports operations marks a geopolitical inflection point in which the ports—more than the Canal itself—have become a strategic lever in U.S.-China competition. Following last week’s Supreme Court ruling that declared unconstitutional the legal framew...
Will Chancellor Merz’s visit change EU policies towards China?
CHINA FINANCIAL · Report · 25 Feb 2026
Special points to highlight in this report: - Economic data releases in China early in the year are usually not comparable because the very important Spring Festival comes at different times in January and February every year. In addition, in a bid to boost consumption, Beijing decreed that t...
The House approved the Redata Bill and the Anti-Gang Bill, the STF will review the injunction issued by Justice Dino on public-sector salaries, and government leaders met yesterday to discuss the salary “perks” issue
BRAZIL POLITICS · Report · 25 Feb 2026
The Lower House approved yesterday, February 24, the Redata bill (PL 278/26), which establishes a Special Tax Regime for Data Center Services. The measure reduces the tax burden on the deployment and modernization chain of data processing centers in the country. The House also approved the Anti-G...
The kindness of strangers
BRAZIL ECONOMICS · Report · 25 Feb 2026
The Brazilian real continued its appreciation at the beginning of the year, strengthening 5.6% through the first half of February. The dollar fell below BRL 5.20/USD, reaching its lowest level since mid-2024. We believe, however, that this appreciation of the real is not grounded in an improvemen...
Results of the military operation to arrest Nemesio Oseguera, "El Mencho," Leader of the CJNG
MEXICO · In Brief · 24 Feb 2026
Initial notes on its implications On Sunday, February 22, Mexican armed forces carried out an operation to apprehend Nemesio Oseguera Cervantes, alias “El Mencho,” the leader of the Jalisco New Generation Cartel (CJNG)—Mexico’s most powerful and far-reaching criminal organization, heavily engaged...
The MNB base rate has been cut by 25 bps to 6.25% today
HUNGARY · In Brief · 24 Feb 2026
For the first time since September 2024, the MNB base rate was reduced by 25 bps at today's monthly rate-setting meeting. The interest rate corridor around the base rate was kept at +/-1%-point. The decision corresponded to broad expectation, as regards analyst views and market pricing. There app...
Kazakhstan macro: Tax reform—January budget execution statistics signal caution
KAZAKHSTAN · Report · 24 Feb 2026 · 1 response
The January budget execution statistics published last week sent mixed signals, suggesting that the outcome of tax reforms orchestrated by the Kazakh government remains muted. This doesn’t mean that the reform will be unsuccessful, but it could fall short of expectations. The key element of the t...
The Chile-US Cable Spat
CHILE · In Brief · 24 Feb 2026
Chile-US relations were struck a firm blow last week when the United States revoked the visas of Chilean Transport and Telecommunications Minister Juan Carlos Muñoz and two other officials, accusing them of actions that could “compromise critical telecommunications infrastructure” and undermine r...
The Anti-Gang Bill should be put to a vote, the president of the CCJC should announce the rapporteur of the 6x1 PEC, and the two leading presidential candidates are facing headwinds
BRAZIL POLITICS · Report · 24 Feb 2026
The Anti-Gang Bill, which establishes the Legal Framework for Combating Organized Crime, is currently blocking the House agenda and could be voted on this Tuesday. If approved, it will be sent to President Lula for sanction. The president of the Constitution and Justice Committee (CCJC), Congress...
Entering the fifth year of Russia’s full-scale war: the history teaches us that it teaches nothing
UKRAINE · In Brief · 24 Feb 2026
Four years ago, in the early hours of February 24, 2022, Russian leader Vladimir Putin bought a one-way ticket to war. He believed it would be an easy journey, simply a matter of reclaiming what he saw as abandoned territory. The hardest part would be weathering a brief wave of 'deep concerns' fr...
Politics: Corruption perception index remains at a low level as scandals continue to emerge
MEXICO · Report · 23 Feb 2026
In 2025, Mexico scored 27 points (out of 100) on Transparency International's Corruption Perceptions Index, ranking 141st out of 182 countries. This represents a minimal improvement of one point compared to 2024 but maintains the negative trend seen since 2014 and positions the country among the ...
Bank of Israel keeps rate at 4%, policy statement turns slightly more hawkish
ISRAEL · In Brief · 23 Feb 2026
The Bank of Israel kept its benchmark interest rate unchanged at 4.0% on February 23. As we wrote yesterday, the decision came as no surprise to us. The Bank outlined the main considerations behind its decision not to lower the policy rate. First, the latest economic data did not justify a third ...
Flávio's "moderate Bolsonaro" strategy and other weekly topics
BRAZIL POLITICS · Report · 23 Feb 2026
Congress resumes activity this week. In the Lower House, the government is mobilizing around the 6x1 work schedule proposal, the Mercosur–European Union agreement, and the Public Security constitutional amendment. In the Senate, expectations are building regarding the date of Jorge Messias’s conf...
Trump's tariff loss and China
CHINA ADVISORY · Report · 23 Feb 2026
Trump’s loss of the right to broad control over tariffs will have a limited but important impact on China. Exports may improve marginally. Politically, the Supreme Court ruling will further convince China that the U.S. is an unstable actor and a "paper tiger". This could encourage Xi Jinping’s ad...