GlobalSource Partners | Country Insights

It is still three days to go until the first session of the newly elected parliament, at which Mr. Magyar is supposed to be elected as prime minister. Yet it is spectacular that outgoing PM Orbán's power machine does not seem to work exactly as a precise Swiss-made clockwork any more.Initially, r...

Debates swirling about five sectors

INDIA · Report · 06 May 2026

We analyze Indian export dynamism beyond traditional low-cost sectors such as business process outsourcing, garment manufacturing, and basic IT services. We examine five emerging industries, the subject of contemporary debates, where private Indian firms may have the ability to achieve global mar...

Bi-Weekly Economic News Summary

KAZAKHSTAN · In Brief · 06 May 2026

Apr 23 Prime Minister: Kazakhstan plans to build 5K km of railways in 4 years. Asian Development Bank: By 2030, the bank plans to allocate $5.5 bln to Kazakhstan for green energy and energy infrastructure projects. KMG: Kazakhstan views the Trans-Caspian International Transport Route as a crucial...

The Special Committee on the 6x1 work schedule presented its work plan, the STF will review the new rules for the distribution of oil royalties, and today is the deadline for Lula to sign into law sentencing guidelines bill

BRAZIL POLITICS · Report · 06 May 2026

The Special Committee reviewing the proposal to eliminate the 6x1 work schedule (PEC 221/19) presented yesterday its work plan for this month. The presentation of the rapporteur’s report is scheduled for May 20, Today, the Supreme Federal Court (STF) will hear direct constitutional challenges aga...

Government Suspends Activities at the Romero Mining Project

DOMINICAN REPUBLIC · In Brief · 06 May 2026

Responding to social pressure in the province of San Juan de la Maguana against the development of the Romero mining project, President Luis Abinader decided on May 4 to suspend all activities related to the initiative. The project has been promoted by the Canadian mining company GoldQuest Mining...

Israeli institutional FX sales drive shekel weakness

ISRAEL · In Brief · 05 May 2026

Israeli institutional investors sold $5.2 billion in the first quarter of 2026, following sales of about $13 billion in the fourth quarter of 2025. These data are consistent with a reduction in their dollar exposure, mainly through increased hedging and adjustments to rising U.S. equity markets, ...

What in the Middle East "ceasefire" did not cease

PHILIPPINES · Report · 05 May 2026

The so-called Middle East “ceasefire” was not a true ceasefire but a fragile and ambiguous pause that failed to resolve underlying geopolitical tensions. While global markets initially reacted with optimism, the relief proved short-lived as oil prices remained elevated and volatility persisted. ...

The government published the details of the Desenrola 2 program, Congressman Jardim presented his report on the bill addressing critical minerals, and Lula travels to the U.S tomorrow to meet with Trump

BRAZIL POLITICS · Report · 05 May 2026

The government announced the Desenrola 2 program, one of Luiz Inácio Lula da Silva’s key bets to improve his approval ratings. The new program has four pillars: Desenrola Families, considered the main one; Desenrola FIES; Desenrola Businesses; and Desenrola Rural. Yesterday, Congressman Arnaldo J...

Politics: The U.S. requests the extradition of Morena politicians, including sitting Sinaloa Governor Rubén Rocha Moya

MEXICO · Report · 04 May 2026 · 1 response

On April 28th, the U.S. Department of Justice submitted an extradition request for Sinaloa Governor Rubén Rocha Moya and nine other current and former state officials on charges of drug trafficking conspiracy, narcotics distribution, and firearms offenses in connection with the Sinaloa Cartel. Th...

Executive Branch weakens further and other weekly topics

BRAZIL POLITICS · Report · 04 May 2026

President Luiz Inácio Lula da Silva announced the Desenrola II program. The Special Committee discussing the end of the 6x1 work schedule will present its work plan. At the Supreme Court, attention turns to the trial of direct actions of unconstitutionality challenging Law No. 12,734/12, which es...

Iran war could erode Bahamian growth and reserves as election race tightens

JAMAICA / BAHAMAS · Report · 04 May 2026

The electoral race in The Bahamas appears to be tightening, with the traditionally sleepy advance poll held last week for essential government workers such as police, and importantly seniors (the latter a traditional key opposition Free National Movement ((FNM)) voting bloc), seeing extremely hig...

Russian macro: the economy at a crossroad

RUSSIA ECONOMICS · Report · 04 May 2026

In earlier reports, we pointed out that this year’s economic data look a bit puzzling, mainly because of ongoing revisions to historical figures. These updates shift short-term growth patterns, as the adjusted m-o-m numbers from last year heavily influence this year’s y-o-y results. Monthly busin...

Inflation's fuel is not just fuel prices

BRAZIL ECONOMICS · Report · 04 May 2026

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...