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Events
Databanks
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Argentina databank May 3 -
Brazil Economics databank Apr 17
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Central America databank Apr 2
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Chile databank Apr 4
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China databank Mar 21
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Colombia databank May 3
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Dominican Republic databank Apr 15
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Ecuador databank Apr 22
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Gulf Countries databank May 3
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Hungary databank Apr 18
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India databank Apr 22
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Mexico databank Mar 28
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Panama databank Feb 2
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Peru databank Mar 27
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Philippines databank Apr 8
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Russia Economics databank Apr 11
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South Africa databank May 3
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Turkey databank Mar 6
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Ukraine databank Feb 12
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Uruguay databank Mar 27
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Venezuela databank Apr 3
NEWS FLASH
UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: ECONOMIC UPSWINGS AND POL...
COUNTRY INSIGHTS
Armenia and Turkey negotiate on forming diplomatic relations
RUSSIA / FSU POLITICS · In Brief · 12 Mar 2022
On March 12 the foreign ministers of the two countries met in Antalya, Turkey. It is the same town where Russo-Ukrainian talks took place days ago.Ankara and Yerevan have concurred that they shall continue their endeavor to establish normal relations. This would mean an exchange of embassies and ...
Uzbek cotton can be marketed abroad again
RUSSIA / FSU POLITICS · In Brief · 12 Mar 2022
On March 10, the Cotton Campaign said it no longer objects to people purchasing Uzbek cotton and textiles. The Cotton Campaign said that Uzbekistan has made huge headway in reducing forced labor.Previously the state forced millions of students and low paid public sector workers to do a couple of ...
Airlines not flying to Russia
RUSSIA / FSU POLITICS · In Brief · 12 Mar 2022
On March 11 Air Astana and Pegasus Airlines said that they will not fly to Russia until further notice. The airlines said that this is because there are doubts that insurance will cover them. Air Astana is the national carrier of Kazakhstan and usually flies to 10 Russian cities and wishes to res...
Economic outlook grows complex, but is still manageable
DOMINICAN REPUBLIC · Report · 11 Mar 2022
The situation following Russia’s invasion of Ukraine complicates the 2022 economic outlook for the Dominican economy. The rise in oil and raw materials prices, plus the fall in the flow of tourists from both Russia and Ukraine, will make it more difficult to achieve inflation and fiscal deficit g...
Putin says he will start large-scale nationalization
RUSSIA / FSU POLITICS · In Brief · 11 Mar 2022
On March 10 the president said the government shall take swift and firm action over the 250 foreign companies that have stopped operating in Russia. He said he would not allow local suppliers to lose out. The businesses are to be handed to those who wish to operate them and the law enables this. ...
Russia: a brief market watch
RUSSIA ECONOMICS · In Brief · 11 Mar 2022 · 1 response
As the oil price moved up, the ruble fell against major currencies amid massively increased demand for FX, while the supply of FX looked insufficient to match the demand. Even though the CBR reported that the current account surplus in 2M22 reached $39.2 bn and the trade surplus widened to $46.2 ...
GULF WEEKLY: Oil pulls back on UAE comments, Saudi deficit eases in 2021, Kuwait acquits former PM
GULF COUNTRIES · Report · 11 Mar 2022 · 1 response
A skimmable summary overlaid with our analysis and links. Headlines: * Oil eased to about $111, after hitting a 14-year high of $130 when the US banned Russian imports. * The Saudi and Abu Dhabi crown princes reportedly refused calls from Biden. * Iran nuclear talks are on pause again, this ...
A step towards financial consolidation
ARGENTINA · In Brief · 11 Mar 2022
As anticipated in our last report, with 202 votes in favor, 37 against, 13 abstentions, and 4 absentees, the Chamber of Deputies gave, at the early hours of today and after a 13-hour-long debate, a half sanction to the law that approves the financing of the recently negotiated Extended Fund Facil...
Webinar Replay - Russia-Ukraine War: What's happened and what's next?
RUSSIA / FSU POLITICS · Report · 11 Mar 2022
Gain perspective on developments in the Russia-Ukraine war. Visit our events calendar page to watch the replay of our webinar featuring Alexander Teddy discussing the political implications of the Russia-Ukraine war for both countries as well as for the rest of the former Soviet Union.
The Senate approved both fuel bills last night, the National Fertilizer Plan will be launched today, and a committee of jurists will be installed in the Senate to update the Impeachment Law
BRAZIL POLITICS · Report · 11 Mar 2022
As a result of the price increase announced by Petrobras, the Senate approved both fuel bills. PLP 11 was also approved in the House yesterday, and President Bolsonaro has 15 working days to sanction it. PL 1472 still does not have an agreement in the House, and the rapporteur of the bill says it...
Russia and Ukraine trade WMD accusations
RUSSIA / FSU POLITICS · In Brief · 11 Mar 2022
Moscow alleges that Ukraine is developing chemical, biological weapons with US assistance. Ukraine and the United States say this is an outright lie, and the US says that Russia is considering using tactical nuclear weapons or poison gas in Ukraine and will blame this on Ukraine. The US alleges t...
South Africa registers a record current account surplus in 2021
SOUTH AFRICA · Report · 11 Mar 2022
The current account data released yesterday by the South African Reserve Bank indicates that South Africa’s current account recorded a surplus of R120 billion in the fourth quarter of 2021. This represented another decline in the record surpluses since H2 2020; from R273 billion, R300 billion and...
Petro as an instrument of revenge
COLOMBIA · Report · 10 Mar 2022 · 1 response
Gustavo Petro's proposals seem inspired less by hope than by a spirit of revenge. His most notorious proposals are: 1) end oil exploration and export; 2) use primary money creation at zero cost to finance expenditure; 3) grab pension savings to pay for education and the elderly; 4) impose tariffs...
Counter sanctions by Russia as peace talks fail
RUSSIA / FSU POLITICS · In Brief · 10 Mar 2022
On March 10 talks in Turkey between Ukraine and Russia ended in no agreement. Russia repeated its demand that Ukraine rule out ever joining NATO and the EU.On March 10 Russia announced counter sanctions. Russia will not sell timber, vehicles, electrical goods, or telecommunications equipment. For...
China’s GDP growth target for 2022 is 5.5 percent
CHINA FINANCIAL · Report · 10 Mar 2022
Special points to highlight in this issue: * Beijing announced a 5.5 percent GDP growth target for 2022. This was what I had expected, but well above what most economists believe the Chinese economy can manage. * But I think they are wrong. In fact, the Chinese economy can manage m...