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Events
Databanks
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Argentina databank Dec 29
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Central America databank Dec 19
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Chile databank Nov 28
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China databank Mar 21
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Colombia databank Dec 19
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Dominican Republic databank Dec 23
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Ecuador databank Dec 19
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Gulf Countries databank Jan 9
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Hungary databank Dec 17
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India databank Jun 26
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Mexico databank Dec 10
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Panama databank Nov 12
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Peru databank Dec 12
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Philippines databank Jan 8
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Poland databank Nov 3
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Russia Economics databank Dec 16
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South Africa databank Jan 6
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Turkey databank Dec 24
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Ukraine databank Nov 10
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Venezuela databank Jan 7
COUNTRY INSIGHTS
Bi-Weekly Economic News Summary
KAZAKHSTAN · In Brief · 14 Jan 2026
Dec 25 Finance Ministry: The Ministry of Finance and the National Bank of Kazakhstan are teaming up to create a joint strategy for managing the country’s national debt. KMG: The company has bought Eurobonds totaling $500 million, including $250 million maturing in 2047 and $249.9 million maturing...
Fiscal deficit in 2025 falls to 4.7%, well below forecast
ISRAEL · In Brief · 14 Jan 2026
Israel’s fiscal deficit narrowed more than expected in 2025, falling to 4.7% of GDP from 6.8% in 2024 and below the original 5.2% target. Nominal government spending rose by 4.8%, while revenues surged by 13.8%. Tax collections surprised on the upside even after accounting for the tax hikes imple...
October FDI Inflows Signal Heightened Policy and Governance Risks
PHILIPPINES · In Brief · 13 Jan 2026
Foreign direct investment (FDI) net inflows to the Philippines declined by 40 percent year on year in October 2025, falling to USD 642 million from USD 1.1 billion in October 2024. While inflows were higher than in the preceding three months, suggesting some short-term stabilization, the annual c...
Republican budget tax revenues remained behind the plan in 2025
KAZAKHSTAN · In Brief · 13 Jan 2026
The Ministry of Finance has started releasing financial statistics for 2025, reporting that the republican budget execution was generally in line with the initial plan. Revenue and expenditure targets remained largely unchanged, and the budget deficit came in slightly below the KZT 4.1 trln targe...
Public opinion on national elections under a ceasefire
UKRAINE · In Brief · 13 Jan 2026
While Kyiv is going through another blackout in freezing 10–15°C weather, it’s a good moment to add a few more brushstrokes to the broader picture of Ukrainian public sentiment. The peace-deal plan currently being discussed—and one that Donald Trump believes Vladimir Putin is still willing to acc...
Growth slowdown exposes labor market vulnerabilities
PHILIPPINES · Report · 13 Jan 2026
The November 2025 Labor Force Survey points to increasing labor market vulnerability amid slowing economic growth. Unemployment rose to 4.4 percent from 3.2 percent a year earlier, employment growth weakened, labor force participation declined, and underemployment remained elevated—signaling not ...
Headline inflation rate down sharply in December, further reduction is likely in Q1
HUNGARY · In Brief · 13 Jan 2026
Headline CPI-inflation was 0.1% mom, 3.3% yoy in December, the latter sharply down from 3.8% yoy in November. Despite the significant move by the yoy rate, this data was no surprise: the median analyst expected exactly this outcome, according to Portfolio.hu, and our own forecast table included 3...
Economics: New tariffs on Chinese products approved, with a big share of intermediate products and M&E
MEXICO · Report · 13 Jan 2026
On December 10th, tariffs on 1,463 products for countries with which Mexico does not have a trade agreement were approved, after the initiative was presented to Congress by the Ministry of the Economy last September. As we mentioned in our September 30 Economic Outlook, these tariffs were propose...
The 2026 ANC January 8th Statement: renewed emphasis on local government ahead of municipal elections
SOUTH AFRICA · Report · 13 Jan 2026
In his 2026 January 8th Statement, President Cyril Ramaphosa reiterated the ANC’s political and policy priorities against the backdrop of growing public dissatisfaction and ahead of municipal elections later in 2026. This address also comes in the wake of the 2024 general elections, in which the ...
Politics: The repercussions in Mexico of the US intervention in Venezuela
MEXICO · Report · 12 Jan 2026
The U.S. military intervention in Venezuela has shifted the global landscape, increasing pressure on the Mexican government to address the links between politics and organized crime. The repercussions in Mexico will be highly significant becaise this event has exposed—through the stances taken by...
Master and Maduro: the opposition's bets and other weekly topics
BRAZIL POLITICS · Report · 12 Jan 2026
President Lula (PT) will sign, this week, the 2026 Federal Budget and the bill creating the Management Committee of the Goods and Services Tax (IBS). Both texts were approved by the National Congress in December. Two presidential election polls are set to be released—by Boas Ideias Inteligência e...
Not so fast
BRAZIL ECONOMICS · Report · 12 Jan 2026
The disinflationary process observed in 2025 was largely driven by the strong appreciation of the real and favorable food price dynamics. Going forward, the Central Bank will have to bring inflation back to target through the ongoing slowdown in activity and through a weakening of the labor marke...
Macroeconomic and geopolitical developments – Weekly report, January 12, 2026
ISRAEL · Report · 12 Jan 2026
The past week was marked by the Bank of Israel’s rate cut and the market’s reaction to this somewhat unexpected move. This came alongside heightened geopolitical developments, most notably the expanding protests in Iran. While the latter do not yet have a direct impact on Israel’s macro outlook, ...
A profound change in the financing patterns of non-financial firms
INDIA · Report · 12 Jan 2026
A profound structural shift has redefined the capital structure of Indian non-financial firms, characterized by historic deleveraging. Data for FY25 indicates the debt-to-equity ratio for unlisted companies has fallen to 1.01—the lowest since liberalization in 1991—while the interest coverage rat...
Dull economy, hectic politics
TURKEY · Report · 11 Jan 2026
This week’s political essays start with foreign policy developments, covering allegations of illicit relations between Maduro and Turkey, Iranian unrest and the beginning of the end in Syria in the showdown between Kurds and al Sharaa. Herein in the short-term good scenarios are few. In the first...