GlobalSource Partners | Country Insights

Two more polls have been released since Sunday, one from Ipsos on Tuesday, and another from Datum today. In both polls, Keiko Fujimori from Fuerza Popular leads, and news was that Ricardo Belmont from Obras has taken the second position. Interesting, Datum calculated a simulacrum of the election...

CPI-inflation moved a bit upwards in March, caps on fuel prices had a substantial impact

HUNGARY · In Brief · 08 Apr 2026

Even though all eyes are kept on election news in these days, this morning's KSH release of the March CPI-inflation data still appears significant, offering some insight into prospects for the rest of the year. Note: Year-on-year changes in percent; Sources: KSH and own estimates Unsurprisingly, ...

The proposal on the 6x1 work schedule is expected to be put to a vote by the end of May, the House may vote on the proposal regarding the SUAS, and Durigan presented a program aimed at addressing household debt

BRAZIL POLITICS · Report · 08 Apr 2026

Yesterday, the President of the Lower House, Hugo Motta (Republicanos-PB), reaffirmed that the proposal to eliminate the 6x1 work schedule (PEC 221/19) is expected to be voted on the floor by the end of May. Today, the Lower House may vote on Constitutional Amendment Proposal (PEC) 383/17, which ...

Economic trends don’t look great, while statistics still puzzles

RUSSIA ECONOMICS · In Brief · 08 Apr 2026

According to Rosstat’s preliminary estimate, the Russian nominal GDP reached R213.5 trln (about $2.55 trln) and grew by 1.0%. On April 10, the statistical agency will publish GDP sectoral breakdown by production activity and by end-use, including quarterly data. So far, the 4Q25 numbers are unava...

The government announced a new set of measures to curb rising fuel prices, an MP should establish a subsidy of R$850 per ton of imported LPG, and a decree was issued to eliminate PIS/Cofins taxes on aviation fuel

BRAZIL POLITICS · Report · 07 Apr 2026

The federal government announced yesterday a new set of measures to curb rising fuel prices driven by the war in Iran. The main initiative is the establishment of a diesel subsidy, applicable to both imported fuel and domestically produced output. To mitigate the impact on vulnerable households, ...

Stagflation is no longer a risk—it is now a policy test

PHILIPPINES · Report · 07 Apr 2026

The Philippines is entering a more dangerous phase of inflation, with March 2026 data confirming a shift from temporary supply shocks to a broader, more persistent inflation cycle. Rising oil prices, food costs, and early signs of second-round effects are pushing inflation beyond target, while ex...

Bahamas calls election while Jamaica survives Melissa with financial credibility intact

JAMAICA / BAHAMAS · Report · 07 Apr 2026

The Bahamas Prime Minister Philip “Brave” Davis has announced that Parliament will be dissolved on Wednesday, April 8 with writs of election to be issued the following day for a May 12 election. In his statement, the Prime Minister said: “As we move through this election season, I ask every B...

Better at fighting; worse at governing

UKRAINE · Report · 07 Apr 2026

Ukraine’s improved “middle-strike” capability is emerging as one of the more important battlefield shifts of the current phase of the war. What initially looked like another round of optimistic reporting is increasingly supported by the gap between Russia’s still-high assault intensity and its ne...

Rejection weighs more heavily on Lula and other weekly topics

BRAZIL POLITICS · Report · 06 Apr 2026

President Lula may sign a provisional measure on diesel subsidies, along with support measures for the aviation sector. The government may also submit a proposal to Congress to end the 6x1 work schedule. With the nomination of Jorge Messias to the Supreme Federal Court, the government is resuming...

Vance visit, explosives near Turk Stream not to have any significant impact on election chances

HUNGARY · In Brief · 06 Apr 2026

President Trump not having the time in these days, it is Vice President Vance who is set to come to Budapest, to promote PM Orbán's election chances, for a two-day visit beginning tomorrow. No one knows what else could happen at his talks with the Hungarian government, but it is a widespread view...

Synthesis of the Brazilian Economy

BRAZIL ECONOMICS · Report · 06 Apr 2026

SURPRISES IN THE ELECTORAL LANDSCAPE AND THE SUPREME COURT UNDER SCRUTINY The deadline for officeholders to step down from their positions and of the party-switching window accelerated the definition of presidential candidacies for the October election, bringing a new development with the pote...

Peru: Fujimori and Alvarez lead in the polls

PERU · In Brief · 06 Apr 2026

Last night pollsters released their latest poll and Keiko Fujimori from Fuerza Popular kept their lead in most polls. Surprising was the run of Carlos Álvarez from Pais para todos, a well known right-wing comedian and he overtook Rafael López Aliaga from Renovation Popular as the second runner. ...

Lula is expected to issue a subsidy for imported diesel, the Executive Office may submit a bill on the 6x1 work schedule, and the Organized Crime CPI may hear from Galipolo and Campos Neto

BRAZIL POLITICS · Report · 06 Apr 2026

President Luiz Inácio Lula da Silva (PT) is expected this week to issue a provisional measure creating a subsidy for imported diesel in an effort to mitigate price increases amid the conflict between the United States and Iran. The Executive Branch may also send Congress a bill proposing the elim...

China rebalancing and the Iran War

CHINA ADVISORY · Report · 06 Apr 2026

China’s official policy statements stress the importance of rebalancing the economy from industry to consumption—a point stressed by most foreign economists as a key transition. During the 15th Five-Year Plan meeting in March, Premier Li Qiang urged that "industrial upgrading should be driven by ...

Macroeconomic adjustments to the energy shock: the exchange rate and the bond market

INDIA · Report · 06 Apr 2026

The macroeconomic adjustment to the 2026 energy price shock has been complicated by the authorities’ preference for a heavily managed exchange rate. Following the geopolitical escalation involving Iran, India’s terms of trade have suffered, dictating a textbook real depreciation. While the USD/IN...