GlobalSource Partners | Country Insights

With the presidential election decided, the Lula administration is beginning negotiations over the composition of the new government. In Congress, party leaders are resuming talks on pending issues, including the 2027 Federal Budget, the Public Security Constitutional Amendment, and other matters...

Politics: Water—another crisis in the making

MEXICO · Report · 26 Oct 2026

Mexico faces a water problem that the recent protests in Guadalajara at the beginning of October have merely brought to the surface. Three droughts in fifteen years and three supply crises in the country’s three largest cities, Monterrey in 2022, Mexico City in 2024 and Guadalajara in 2026, share...

Economic rescue bill is a tall order

COLOMBIA · Report · 26 Oct 2026 · 1 response

2027 won’t be an easy economic year for Colombia. The country will face great monetary, fiscal, environmental (El Niño) and social challenges. Let us hope that the government does not add one more challenge. The first half of every Colombian presidential term defines the tone and theme of the ...

Lula was reelected to a fourth term, Flávio has not conceded defeat, and Congress is expected to resume voting on a backlog of pending measures

BRAZIL POLITICS · Report · 26 Oct 2026

President Lula (PT) was reelected yesterday (Oct. 25) to a fourth term. According to the Superior Electoral Court (TSE), Lula won 51.79% of the valid votes, or 64.3 million votes, compared with 48.21% for Senator Flávio Bolsonaro (PL), who received 59.8 million. Flávio has not conceded defeat. He...

Netanyahu warns of banking sanctions and proposes an unrealistic cryptocurrency solution

ISRAEL · In Brief · 26 Oct 2026

Prime Minister Benjamin Netanyahu warned on Friday that Israel could face international economic sanctions, including restrictions on its banking system. In a bizarre statement during an interview with Israel's Economy Channel, Netanyahu suggested that cryptocurrencies and blockchain technology c...

Forecasting in a witch’s cauldron

TURKEY · Forecast · 25 Oct 2026

The context is eerie and highly fluid, as the fund scandal --or “Fonzi” as it is colloquially called-- shows no sign of abating, which makes forecasting ever more difficult even by Turkish standards. We try anyway. We expect economic activity to continue to stagnate, as growth ends the year at 2....

GULF WEEKLY: Oil rises on US strike threat, Kuwait issues bonds, UAE leads UN Sec'y General race

GULF COUNTRIES · Report · 23 Oct 2026

A skimmable summary overlaid with our analysis and links. Headlines: * The US and Israel are reportedly considering renewed strikes on Iran after the midterms. * Iran threatened it would respond with attacks on Gulf infrastructure. Brent crude has risen to $114. * The Houthis tightened their...

Ahead of the 30 October Webinar: Budget Passed, Consolidation in Doubt, November Hike

CZECHIA · In Brief · 23 Oct 2026

By Artur Radziwill and Jan Hagemejer There will be plenty to discuss at our launch webinar on 30 October, following the municipal and Senate elections and yesterday's critical budget vote, and ahead of the central bank's rate decision on 5 November. The 2027 budget cleared its first reading late ...

Flávio Bolsonaro’s lead in the runoff has been narrowing, both campaigns signed a waiver at the TSE to disclose their confidential records, and the runoff will be held this Sunday, October 25

BRAZIL POLITICS · Report · 23 Oct 2026

The three polls released yesterday (October 22) all point in the same direction: Flávio remains numerically ahead in every poll, but his lead has been narrowing, while Lula’s rejection rate has declined. This is an election that will be decided by the details: turnout, undecided voters, and perfo...

Pre-election political update - October 23, 2026: Eisenkot gains momentum but remains short of 61 seats; markets expected to react modestly

ISRAEL · Report · 23 Oct 2026

The latest polls show growing momentum for Eisenkot's bloc, but neither Zionist bloc is projected to reach the 61 seats needed to form a government without including Arab parties in the coalition. Our analysis of previous elections suggests that pre-election polls have been relatively accurate in...

TOPIC OF THE WEEK: From handshakes to hard cash

CAUCASUS / CENTRAL ASIA · Report · 23 Oct 2026

Marco Rubio’s visit to Uzbekistan and the C5+1 ministerial in Samarkand have brought renewed attention to Central Asia’s efforts to attract Western investment. Yet the economic significance of this opening depends less on the nationality of investors than on the financing, commercial arrangements...

Kazakhstan macro: Budget revenues to rely on the performance of a few key sectors

KAZAKHSTAN · Report · 22 Oct 2026

According to the Bureau of Economic Statistics, Kazakhstan’s economic growth slowed this year, with GDP rising 4.1% y-o-y in 1H26 and the short-term indicator of monthly economic activity up 4.8% y-o-y in 9M26 — both weaker than in 2025. However, given that economic statistics are neither fully a...

MPC cuts the policy rate by 100 bps, signals more to come

TURKEY · Report · 22 Oct 2026

The CBRT/MPC lowered the policy rate (one-week repo rate) 100 bps to 36% today, while also adjusting the O/N lending and borrowing rates by equal amounts, in line with the consensus. In the descriptive part of the statement, the Bank now comes across more confident regarding underlying inflati...

The latest polls continue to show Flávio Bolsonaro with a slight advantage, Lula invited Flávio to join him at the TSE today to disclose their confidential records, and Lula is using the presidency in his favor

BRAZIL POLITICS · Report · 22 Oct 2026

A Quaest poll released yesterday (Oct. 21) shows a statistical tie with four days to go before the runoff. Flávio Bolsonaro (PL) has 45% of voting intentions, compared with 44% for Lula (PT). Two other polls released yesterday also show Flávio ahead. In the Gerp poll, he has 53% of valid votes, c...

Medium Term Budget Policy Statement showcases fiscal consolidation gaining traction

SOUTH AFRICA · Report · 22 Oct 2026

Beyond the infrastructure agenda, the 2026 MTBPS reinforces government's commitment to fiscal consolidation and debt sustainability. The National Treasury confirmed that gross government debt stabilized at 78.4% of GDP in FY2025/26, compared with the 78.9% projected in the February Budget. This r...