Services

NEWS FLASH

UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: POLITICAL PASSIONS IN THE...

Learn More

COUNTRY INSIGHTS

Russian digital giant buying Uber Russia
RUSSIA / FSU POLITICS · In Brief · 31 Aug 2021

On August 31 it was announced that Yandex is buying the ride hailing service for USD 1 billion. Yandex and Uber had been cooperating. Yandex also delivers food and has a car sharing service. Yandex Lavka is the grocery delivery arm of the company. Uber has a 33.5% stake in Yandex Lavka and an 18....

Bolsonaro may have to prolong the Emergency Aid program, Arthur Lira is insisting on the income tax bill, and the 2022 Federal Budget should be submitted to Congress today
BRAZIL POLITICS · Report · 31 Aug 2021

Every time the Emergency Aid program approaches its end, political pressure builds to prolong it, even though the economic team does not believe that the program should be prolonged. Although governors and mayors still do not support the income tax bill, Lira is trying to reach an agreement with ...

Russia’s political/pandemic update: The roads we take
RUSSIA ECONOMICS · Report · 31 Aug 2021

With less than three weeks left to the Duma elections, Russia’s political situation remained quiet as no major initiatives were announced either by the government or by its opponents on both flanks. Even though Russia’s daily COVID-19 infections rate steadily declined in August, having fallen to ...

Wage growth was much stronger in June than official data suggested at first glance
HUNGARY · In Brief · 31 Aug 2021

Nominal wage growth on a per employee basis was reported by KSH at only 3.5% yoy in June, implying -1.7% yoy for the real-terms number. This was kind of perplexing at first glance, for being unusually low compared to any previous numbers: in H1 total, wage growth was 8.3% yoy nominal and 4% yoy r...

Macro outlook ahead of the elections
ARGENTINA · Report · 31 Aug 2021

Contrary to former elections, some of the key electoral positions will be defined through the primaries. This is a change from former years, when the primaries were usually mere “national polls”. The composition of the pre-candidates for Juntos por el Cambio (JxC) in the City and Province of B...

Economic activity surges, helped by improvement in vaccination coverage. The 2022 budget proposal comes to the legislature for approval with increasing participation of ACP transfers.
PANAMA · Report · 31 Aug 2021

IMAE for the second quarter showed an increase of 27%: April grew 21.3% year over year; May registered a 34.2% increase, and June, a 24.9% increase. This result is the consequence of a revision of the previously published IMAE figures: for April, growth was revised from 12.1% to 21.3%, and in May...

A rebound, as expected
INDONESIA · Report · 30 Aug 2021

As expected, Indonesia has seen a rebound in its economic growth. In Q2 2021, the Indonesian economy reported an increase of 7.07% year over year. Compared to the previous quarter, the Indonesian economy grew by 3.31%. This is the first positive growth in the economy since the start of the Covid-...

Politics: A political reform less about perfecting the system than turning back the clock
MEXICO · Report · 30 Aug 2021

It has taken well over 40 years and no less than a dozen political/electoral reforms to untether Mexico from the days of one-party rule to a solid yet imperfect system of electoral democracy with increasing alternation of power between parties. Reforms up until now have gone a long way toward mak...

Synthesis of the Brazilian Economy
BRAZIL ECONOMICS · Report · 30 Aug 2021

Bolsonaro’s diatribes during August obscured the long-awaited alleviation of the health crisis. The (belated) increased supply of vaccines is now allowing strong expansion of the number of vaccinated people, thus reducing the cycle of contagion and deaths caused by Covid-19. It is possible that w...

Lula nods to the center and other weekly topics
BRAZIL POLITICS · Report · 30 Aug 2021

The 2022 Federal Budget will be submitted to Congress this week. The House will analyze the changes that have been made to the Electoral Code. The government is discussing the bill on the payroll tax exemption with Deputy Jerônimo Goergen (PP-RS). Deputy Darci de Matos (PSD-SC) should submit his ...

Economics: Activity indicators proved encouraging in August, but risks remain in inflation and public finance stability
MEXICO · Report · 30 Aug 2021

Economic data published in August was nominally positive almost across the board, although the month also brought reminders of many continuing points of risk and how much the month’s positive numbers reflected the very depressed state of an economy that was largely in lockdown a year prior. J...

Rodrigo Pacheco to meet with Air Force leaders to discuss pro-Bolsonaro demonstrations set for Sep. 7, the 2022 Federal Budget should be submitted to Congress tomorrow, and the STF unlikely to conclude the case affecting demarcation of indigenous lands
BRAZIL POLITICS · Report · 30 Aug 2021

Administrative Reform is under analysis in the House. The rapporteur, Arthur Maia, plans to submit his report on the text this week. The court-ordered payments PEC is also under analysis and should be put to a vote on September 8. The bill on the Electoral Code should be put to a vote this week. ...

Russia provides support to Central Asian defense order
RUSSIA / FSU POLITICS · In Brief · 30 Aug 2021

On August 26 it was reported that Russia has had orders for weapons and helicopters from Central Asian countries. The former Soviet republics in that region are apprehensive as the Taliban has taken over Afghanistan. The Taliban has taken possession of hundreds of tanks, APCs, artillery pieces an...

Today begins dialogue on the reform agenda proposed by President Abinader
DOMINICAN REPUBLIC · In Brief · 30 Aug 2021

Today begins the dialogue with the political parties on the reform agenda proposed by President Luis Abinader in his speech on last August 18, on the occasion of the first year of his mandate. The dialogue takes place within the Economic and Social Council. The representatives of the political pa...

Living with Covida Loca
PHILIPPINES · Forecast · 30 Aug 2021

With the emergence of highly transmissible virus mutants and the use of repeated lockdowns to control surges in infections, we are revising our earlier premise that the economy could progressively open up as immunization expands. Rather, we now think the more probable scenario is that the economy...

Copyright 2025 GlobalSource Partners. All rights reserved.