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Events
Databanks
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Argentina databank Jul 2 -
Brazil Economics databank Jun 16
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Central America databank Jun 27
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Chile databank May 27
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China databank Mar 21
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Colombia databank Jul 7
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Dominican Republic databank Jun 18
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Ecuador databank Jun 20
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Gulf Countries databank Jul 4
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Hungary databank Jun 23
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India databank Jun 26
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Mexico databank Jul 1
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Panama databank May 13
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Peru databank Jun 27
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Philippines databank Jun 6
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Poland databank Apr 29
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Russia Economics databank Jun 16
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South Africa databank Jun 9
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Turkey databank Apr 24
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Ukraine databank May 12
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Venezuela databank Jul 7
NEWS FLASH
UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: POLITICAL PASSIONS IN THE...
COUNTRY INSIGHTS
President of Kazakhstan plans to reorganize the state
RUSSIA / FSU POLITICS · In Brief · 04 Sep 2020
On September 1 Qasym-Zhomart Toqaev addressed his people. He announced a major overhaul of state structures. The Agency for Strategic Planning and Reforms will be set up. Another as-yet-unnamed agency will be created to manage economic competition.There is growing disenchantment with economic sta...
The NBU leaves prime rate at 6% amid scandal court ruling on Privatbank
UKRAINE · In Brief · 04 Sep 2020
Yesterday, on September 3rd the NBU Board again decided to leave prime rate unchanged at 6%. Press-release mentioned reviving demand and energy prices’ increase. Also the NBU assumes continued cooperation with the IMF. Among major risks the NBU mentioned “negative impact of certain court rulings ...
The government details its Administrative Reform proposal
BRAZIL POLITICS · Report · 03 Sep 2020
Today, September 3, the federal government formally submitted to Congress the Proposed Amendment to the Constitution (PEC) on Administrative Reform. The text proposes a series of changes in the rules of civil service, such as prohibiting the compulsory retirement of civil servants as a form of pu...
Russian Ruble tumbles as Germany says Navalny was poisoned
RUSSIA / FSU POLITICS · In Brief · 03 Sep 2020
On September 2 German doctors announced that they are certain that Russian anti-corruption campaigner Alexey Navalny was poisoned with a nerve agent called novichok. Whether the accusation is true or not the impact on the RUB has been dramatic. The RUB saw its most abrupt fall in 6 months. The RU...
The employment picture
PHILIPPINES · In Brief · 03 Sep 2020
The Philippine Statistics Authority released this morning its labor force survey for the third quarter. Overall, the numbers paint an improving employment picture in 3Q following the strict lockdown in 2Q. However, the 10% unemployment is at its highest since 2004 and 17% underemployment since 20...
Inflation remained elevated in August
TURKEY · Report · 03 Sep 2020
Consumer prices rose by 0.86%, m/m, in August, leaving the 12-month rate unchanged at 11.8% from July, broadly as expected. The twelve-month domestic-PPI inflation rose markedly however, to 11.5% from 8.3% in July, attesting to the cost-push, effects stemming from recent lira weakness (Graphs 1-2).
The forint's weak trend continued on two events yesterday
HUNGARY · In Brief · 03 Sep 2020
The forint's weak trend, which started with the Finance Ministry's sharp upward revision of this year's fiscal deficit forecast and then continued due to the MNB effectively tolerating and even actively assisting fiscal loosening, went further yesterday, EURHUF moving to the upper half of the 355...
Bolsonaro’s popularity reaches 39%
BRAZIL POLITICS · Report · 02 Sep 2020
The Exame/Ideia Big Data poll, conducted between August 24 and 31, shows that Jair Bolsonaro’s positive ratings (great/good) have reached 39%. The negative ratings (bad/very bad), on the other hand, accounted for 39%, and the regular rating adds up to 20%. According to Big Data, the poll reflects...
Belarus arrests student protesters as Lukashenka tries to consolidate
RUSSIA / FSU POLITICS · In Brief · 02 Sep 2020
On September 1 police arrested almost 100 students demonstrating against the president. The protesters called the police fascist. It was the first day of the academic year. Hundreds more student protesters were not arrested. Protests have been ongoing since the disputed August 9 presidential elec...
Walking a tightrope
PHILIPPINES · Forecast · 02 Sep 2020
When we flagged a looming recession back in April and projected a deep 7% GDP contraction in May, the most pessimistic at the time, we had expected that after one of the most stringent lockdowns in the world, the economy would slowly transition by year-end into a “new normal.” Although the govern...
Facebook accuses Russia of meddling in US election
RUSSIA / FSU POLITICS · In Brief · 02 Sep 2020
On September 1 Facebook said that Russians are trying to sway the US presidential election. The FBI has been investigating. 13 Facebook accounts and 2 pages were set up by people claiming to be journalists. The accounts were aimed at left wingers. They have been taken down by Facebook for breakin...
India withdraws participation in Russian military drills
RUSSIA / FSU POLITICS · In Brief · 02 Sep 2020
On August 31 New Delhi announced that its troops will not take part in the KavKaz 2020 exercises in Russia. The drills are due to take place in September 2020. India says it needs its soldiers at home because of the threat from China. China has been massing troops on its frontier with India. In J...
US warns Ukraine against Chinese investment
RUSSIA / FSU POLITICS · In Brief · 01 Sep 2020
On August 29 the US Government announced that the Secretary of State spoke to President Zelensky and tried to dissuade him from allowing China to buy a Ukrainian engine manufacturer. Mike Pompeo claims that Chinese influence in the country is undesirable. China seeks to buy Motor Sich. The US has...
Russian economic forecast better than expected
RUSSIA / FSU POLITICS · In Brief · 01 Sep 2020
On August 31 it was reported that the government anticipates that coronavirus will inflict less harm on the economy than previously envisaged. The Ministry of Economic Development said that the GDP will be 3.9% down in 2020. Originally this fall was forecast to be 5%. Investment is estimated to f...
Gazprom profits down
RUSSIA / FSU POLITICS · In Brief · 01 Sep 2020
On August 31 Gazprom published worrying figures. The gas giant showed that its profit is 25 times lower in Q1 and Q2 2020 than it was in Y o Y. Its profit was only USD 447 million. Its turnover is down by a third. Much of the turnover covers the cost of doing business and maintaining its infrastr...