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Events
Databanks
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Argentina databank May 13
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Brazil Economics databank Apr 14
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Central America databank May 1
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Chile databank Apr 7
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China databank Mar 21
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Colombia databank May 12
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Dominican Republic databank Apr 28
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Ecuador databank Apr 22
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Gulf Countries databank May 16
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Hungary databank Apr 22
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India databank Apr 28
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Mexico databank May 12
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Panama databank May 13
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Peru databank Apr 28
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Philippines databank May 8
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Poland databank Apr 29
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Russia Economics databank May 12
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South Africa databank May 6
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Turkey databank Apr 24
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Ukraine databank May 12
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Venezuela databank May 5
NEWS FLASH
WEBINAR - LATIN AMERICA: FISCAL PRESSURES AND POLITICAL SHIFTS...
COUNTRY INSIGHTS
Kazakhstan macro: looking for a good year ahead
RUSSIA ECONOMICS · Report · 18 Apr 2022
The Kazakh National Bureau of Statistics published the 1Q22 economic indicators, and it looks as though the Kazakh economy was doing quite well during this period. The so-called "short-term economic indicator" (covering around 70% of the country’s economic activity) was up by 6.5% y-o-y in 1Q22. ...
Turkey Covid Watch - April 18, 2022
TURKEY · Report · 18 Apr 2022
Cases continued to drop dramatically in the past two weeks, declining to 5.1K for the week ending Sunday, or 62% drop from two weeks ago. In the light of recent developments, we’ve decided to discontinue our bi-weekly Covid Watch for now, with a view to providing occasional updates in our Sunday ...
The unreported burst of inflation in March
VENEZUELA · Report · 18 Apr 2022
According to the Central Bank of Venezuela (Banco Central de Venezuela, or BCV), monthly inflation slowed in March to 1.4 percent from February’s 2.9 percent. According to our own data, by contrast, inflation accelerated—to 4.3 percent. The burst was driven by an expansion in the M1 money sto...
This will be a short week due to the holiday on Thursday, Bolsonaro should appoint two new Central Bank directors, and the government’s proposal to grant a 5% raise to all public servants has failed to ease tensions
BRAZIL POLITICS · Report · 18 Apr 2022
A session has been scheduled in the House for today starting at 5 p.m. to analyze Provisional Measure (MP) 1,076, which deals with the Auxílio Brasil payments of R$ 400, and MP 1,077/21, which creates the Internet Brazil Program. The new director of Financial System Organization and Resolution, R...
The distribution of first quarter growth is worrying, but not surprising
CHINA FINANCIAL · Report · 18 Apr 2022 · 1 response
Special points to highlight in this issue: * The National Bureau of Statistics reported this morning that China’s first quarter GDP was 4.8 percent higher than it was last year and 1.3 percent higher than the last quarter of 2021 (5.3 percent annualized). * While this was well above very ...
March’s CPI surprises on the downside
ISRAEL · Report · 18 Apr 2022
1. March’s CPI surprised on the downside, mostly due to the surprisingly soft increase in travel abroad costs. 2. We expect this item to support a stronger CPI print in April (0.8% m/m) and beyond. 3. We currently expect inflation to reach 2.8% in the next 12 months. 4. March’s CP...
Russian missile strikes on Ukraine
RUSSIA / FSU POLITICS · In Brief · 18 Apr 2022
On April 18 missiles hit several Ukrainian cities, especially Lviv. This type of attack allows Russia to inflict losses without taking any risk itself. Ukraine does not have missiles with the range to enable them to retaliate.Fighting continues in Mariupol. Russia claims to have taken virtually t...
US says Belarus breaking export control ban
RUSSIA / FSU POLITICS · In Brief · 18 Apr 2022
On April 13 the Commerce Department said 7 planes (all Boeing 737) used by Belavia had been flown despite this being banned by the US. The US has banned companies anywhere in the world from refuelling the planes, repairing them, selling them spare parts or servicing them in any way.The planes hav...
Kazakh ban on wheat exports means hunger for her neighbors
RUSSIA / FSU POLITICS · In Brief · 17 Apr 2022
On April 16 the announcement was made. Other Central Asian countries buy 90% of their wheat from Kazakhstan. Kazakhstan buys wheat from Russia and re-exports some of it. Russia is the world's main exporter. Moscow has banned wheat exports to fellow members of the Eurasian Economic Union (EEU). Th...
Same old, same old
TURKEY · Report · 17 Apr 2022
Thanks to her “politically correct” stance on the war, Turkey had just started working on her terrible image, but new allegations of narco-trafficking, inmate maltreatment and human rights violations have now cropped up. While the veracity and impact of these on diplomatic relations require furth...
Russia calls on Mariupol to surrender
RUSSIA / FSU POLITICS · In Brief · 17 Apr 2022
On April 17 Moscow said that if the city surrenders today the lives of its defenders shall be spared. But prisoners of wars' lives are guaranteed anyway under the Geneva Convention. Russia claims to control almost the whole of Mariupol. It has astonished most pundits that Mariupol has held out so...
March’s CPI surprises on the downside
ISRAEL · In Brief · 16 Apr 2022
March’s CPI surprises on the downside Inflation in March increased by 0.6% m/m (expectations were for 0.8%, ours as well) and by 3.5% y/y (similar to last month). Core inflation (excluding energy and fresh produce) increased by 3% y/y (similar to last month), with core inflation excluding governm...
Some Chinese edge away from Russia in complex operating conditions
RUSSIA / FSU POLITICS · In Brief · 16 Apr 2022
Lifan, the Chinese motor manufacturer, has suspended sales in Russia. Lifan was the largest Chinese car brand sold in Russia in 2014-18. It seems that Lifan does not wish to operate in Russia and is not registering more vehicles there. Lifan's hotline is not working and it is not updating its soc...
Webinar Replay - Crisis in Peru: President Castillo against the wall
PERU · Report · 15 Apr 2022
Gain insights into Peru's political crisis and gauge how the turmoil will impact the country’s political and macro outlook. Visit our calendar page to watch the replay of our webinar featuring Alfredo Thorne discussing the protests against President Castillo and the likely fallout from the crisis.
Huawei furloughs staff in Russia
RUSSIA / FSU POLITICS · In Brief · 14 Apr 2022
On April 13 the Chinese telecoms giant announced the move. This is probably partly because China faces secondary sanctions for trading with Russia. The USA has warned China not to assist Russia economically.A leave of absence has been imposed on Huawei staff in Russia. New supply contracts have b...