GlobalSource Partners | Country Insights

The inflation outlook is shaped by both the external shock associated with the situation in the Middle East and the deterioration of underlying inflation measures. The acceleration of core inflation and underlying services, combined with broader diffusion, signals that price pressures reflect per...

Lula will announce a new program aimed at reducing household debt, the special committee on the 6x1 work schedule proposal will meet to discuss the work plan, and the STF will decide on the distribution of oil royalties

BRAZIL POLITICS · Report · 04 May 2026

Today, President Lula will announce Desenrola II, a program aimed at reducing household debt. The signing ceremony for the provisional measure is scheduled for this morning at the Planalto Palace. Tomorrow, the special committee reviewing the proposed constitutional amendment to end the six-days-...

Near the interim target already

TURKEY · Report · 04 May 2026

Monthly CPI inflation surprised notably to the upside in April, coming in at 4.2%, m/m, compared with the (median) market expectation of around 3.2%, with the 12-month CPI-rate increasing materially by 1.5 pps to 32.4%, from 30.9% in March. Monthly domestic PPI inflation was 3.2% in April, markin...

Economics: Mexico's economy facing stagnant growth, persistent inflation, and mounting fiscal risks

MEXICO · Report · 04 May 2026

Figures released in April 2026 depict a Mexican economy under stress. Economic activity weakened, with GDP virtually stagnant at 0.2% YoY in Q1 2026 — a sharp deceleration from 1.8% YoY in Q4 2025 — as industry contracted and services lost momentum. Private consumption growth, although positive, ...

Economic activity resilient -- at least for now

DOMINICAN REPUBLIC · Report · 04 May 2026

The Dominican economy strengthened in Q1 2026, with growth accelerating from 2.2% in 2025 to 4.1%, supported by a gradual decline in inflation toward the 4% target. Headline inflation moderated to 4.63% in March. This performance reflects strong external inflows and improved financial conditio...

Private consumption declined sharply in March and partially recovered in April; high-tech services exports remain strong

ISRAEL · In Brief · 04 May 2026

Private consumption declines in March, recovery expected to be gradual Credit card purchases fell by 11.9% in March (real terms, seasonally adjusted), reflecting the disruption to economic activity caused by the war. By comparison, during Operation “Rising Lion” in June 2025, purchases declined b...

Magyar in Brussels, Varga on HUF speculation, and politically driven capital flight

HUNGARY · In Brief · 03 May 2026

Incoming PM Magyar visited the EU headquarters in the middle of last week, seeing the heads of the Commission and the Council separately. With Mme von den Leyen, they agreed that Mr. Magyar will return to Brussels, already as PM, on May 25, to strike a political deal on what exactly Hungary will ...

Early elections, trip notes, etc.

TURKEY · Report · 03 May 2026

Since President Erdogan needs early elections to be eligible for the next presidential race and with only two years left to the deadline for regularly scheduled ones, it is natural that this topic will steadily increase in importance. Despite numerous alleged election dates swirling at the scuttl...

Election forecast: cloudy

COLOMBIA · Report · 01 May 2026

Deteriorating fiscal balances, weakening investment dynamics and rising external vulnerabilities are being driven by a structural imbalance: the government has increasingly absorbed excess savings from both the domestic private sector and foreign sources to finance its growing fiscal deficit. By ...

GULF WEEKLY: Oil surges as talks stall, UAE quits OPEC+, Emirates NBD breaks bond drought

GULF COUNTRIES · Report · 01 May 2026

A skimmable summary overlaid with our analysis and links. Headlines: * There were no US-Iran talks for a second week, and oil surged further as Hormuz remained blocked. * Proposals are still being exchanged via Pakistan, with Iran proposing a mutual blockade lifting. * Four Gulf leaders and ...

Essential CIS Politics: April 16 - May 1, 2026

CIS POLITICS · Report · 01 May 2026

- The 20th package of EU sanctions on Russia imposes secondary sanctions on Kyrgyzstan. - Russia pledges to continue support for Mali despite recent military setbacks. - Kazakhstan denies rumors it will quit OPEC+. - Ukraine plans mass migration program after the war to address labor short...

NBU keeps prime rate unchanged at 15% amid accelerating inflation

UKRAINE · In Brief · 01 May 2026

At its April 30 meeting, the NBU Board once again left the prime rate unchanged at 15%. The speeding up of inflation due to prolonged tension around the Strait of Hormuz is apparently the reason for this decision. In March, CPI was reported at +1.7% m/m or +7.9% y/y (up from +1.0% m/m or +7.6% y/...

Weekly report, May 1, 2026: Israeli politics heats up toward elections, while the shekel strengthens despite geopolitical and economic risks

ISRAEL · Report · 01 May 2026

Key developments and outlook: - Geopolitics: U.S.–Iran negotiations remain stalled, while fighting in Lebanon is gradually intensifying, increasing the likelihood of another round of fighting. - Politics: Former Prime Minister Naftali Bennett and opposition leader Yair Lapid announced a joi...

Should Cobre Panamá reopen? Wrestling with a high-stakes mining decision

PANAMA · Report · 30 Apr 2026

The key environmental audit of the copper mine will be out at the end of this week. After a two month period for national discussion, President José Raúl Mulino will, on July 1, present the strategy for reopening of the mine. We discuss the executive, legislative and judicial challenges Panama wi...

UAExit: A deep dive into why the UAE quit OPEC+ and the implications

GULF COUNTRIES · Report · 30 Apr 2026

The fundamental reason for the UAE’s decision to leave OPEC/OPEC+ was that it had been frustrated for years with overly onerous production quotas, which required it to bear a substantially larger share of the burden of balancing the oil market than other OPEC+ members. The surprising thing is not...