Services

NEWS FLASH

WEBINAR - LATIN AMERICA: FISCAL PRESSURES AND POLITICAL SHIFTS...

Learn More

COUNTRY INSIGHTS

Russia: a brief market watch
RUSSIA ECONOMICS · In Brief · 08 Sep 2022

The announced decision of G7 group to introduce price cap for Russian oil as well as further initiative from EU to do the same in relation to Russian pipeline gas had no impact on FX market yet. The oil price that fell in the past two weeks also didn't affect the ruble so far. The Russian currenc...

Ukraine advances east of Kharkiv
RUSSIA / FSU POLITICS · In Brief · 08 Sep 2022

The Russian Army is having difficulty as the Ukrainians have gradually moved forward from the eastern city. Ukraine claims to have moved forward 50 km which is unlikely. Ukraine has definitely retaken a few villages. Kharkiv is Ukraine's second largest city. Kharkiv had been largely ignored for w...

Yesterday’s demonstrations in support of the government were significant, the opposition will file a lawsuit against Bolsonaro for his actions during the events, and the latest poll shows a 6-point difference between Lula and Bolsonaro
BRAZIL POLITICS · Report · 08 Sep 2022

During his speech in Rio de Janeiro, Bolsonaro spoke about the Auxílio Brasil program, corruption, and his criticisms of the Supreme Federal Court (STF). When asked by the press, ministers of the Supreme Federal Court called Bolsonaro's speeches "measured". Senator Randolfe Rodrigues said that he...

Hungary has two CPI-inflation numbers for August
HUNGARY · In Brief · 08 Sep 2022

The release of the monthly consumer inflation data is rarely more interesting than now, given the structured increases of administratively controlled retail prices of fuel, electricity and pipeline gas, all in force since the start of August. For a base figure, headline CPI-inflation was 13.7% yo...

Russians can evade sanctions in Belarus
RUSSIA / FSU POLITICS · In Brief · 08 Sep 2022

Many Russians are going to Belarus to purchase items unavailable in Russia due to sanctions. Western retailers and payments companies still function in Belarus. There are extra flights and trains between Russia and Belarus. Visa and MasterCard can be obtained by Russians if they open a bank accou...

Losing steam
VENEZUELA · Forecast · 07 Sep 2022

Our projections point to an economy with a slow recovery in economic activity, persistently high inflation and a modest balance of payments surplus sustained by high oil prices and the default on the public debt. Venezuelans today are discouraged by the slow pace of the Mexico talks and delays...

Invasion halted, economy damaged, de-occupation underway
UKRAINE · Report · 07 Sep 2022

A half a year has passed since the start of the unprovoked full-fledged Russian aggression. Ukrainian armed forces, backed by Ukrainian society and extensive support from the civilized world, managed to stop the invasion across the board. By midsummer the frontline had stabilized, and the Ukrai...

The National Bank of Kazakhstan left the base rate unchanged
KAZAKHSTAN · In Brief · 07 Sep 2022

On September 5, the National Bank of Kazakhstan decided to leave its policy rate at 14.5% despite the fact that inflation in August accelerated m-o-m to 1.4% from 1.1% in July as reported by the Bureau of National Statistics. In May inflation was also 1.4% m-o-m while in June it was slightly high...

Analysts expect 15.7% yoy (median forecast) CPI-inflation for August
HUNGARY · In Brief · 07 Sep 2022

KSH is set to report the August CPI-inflation data tomorrow. Portfolio.hu's analyst survey shows that participants have been under the influence of the MNB's latest statement, according to which the headline inflation rate is likely to have gone to 15-16% yoy in August, following 13.7% yoy in Jul...

Russia building closer relationship with Serbia
RUSSIA / FSU POLITICS · In Brief · 07 Sep 2022

Billboards have appeared across Belgrade hailing the Russian Foreign Minister as, ''the world's greatest diplomat''. Russia is keen to underscore the similarities between itself and Serbia. Both are Orthodox Christian, Slavic and former socialist countries. Both have clashed with the West since t...

South Africa’s economy contracts during Q2 2022
SOUTH AFRICA · Report · 06 Sep 2022

South Africa’s quarter-on-quarter real GDP contracted by 0.7% during the second quarter of 2022, following the first quarter’s expansion of 1.7% q/q. Despite the recent quarterly contraction, real GDP in H1 2022 was still 1.4% higher than that of the corresponding period in 2021. Today’s GDP figu...

Politics: AMLO’s fourth annual report to Congress anticipates a complex political endgame
MEXICO · Report · 06 Sep 2022

President López Obrador used this year’s annual report to Congress to tout his signature social programs and public works. His fourth and penultimate annual narrative of his own administration once again focused on drawing distinctions between his government and those of his predecessors of recen...

Leading Russian newspaper loses license to print
RUSSIA / FSU POLITICS · In Brief · 06 Sep 2022

On September 5 a court rescinded the Novaya Gazeta license to print. The newspaper still exists online. The chief editor of the paper, Dmitry Muratov, was awarded the Nobel Prize in 2021. Muratov said that the ruling was political. The newspaper claimed to have been ''killed'' and noted that seve...

Economics: Another month filled with new signs of economic weakness
MEXICO · Report · 06 Sep 2022

Economic news last month showed continuing growth, including a 2% yoy expansion of GDP for the April-June quarter that extended to all sectors as construction bounced back from a slightly negative first quarter to expand 1.1%. The main driver was a 3.3% increase in industrial output, with manufac...

China and Russia cooperating on nuclear energy
RUSSIA / FSU POLITICS · In Brief · 06 Sep 2022

On September 1 China started building the hulls for four floating nuclear power plants. These will be used to provide energy for an enormous mining project in the Russian Arctic. The mine is in Baimskaya, in Chukotka. There will be other plants, too. The floating nuclear power stations will be op...

Copyright 2025 GlobalSource Partners. All rights reserved.