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Events
Databanks
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Argentina databank May 19 -
Brazil Economics databank May 19
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Central America databank May 1
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Chile databank Apr 7
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China databank Mar 21
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Colombia databank May 12
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Dominican Republic databank May 21
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Ecuador databank Apr 22
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Gulf Countries databank May 16
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Hungary databank May 20
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India databank Apr 28
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Mexico databank May 12
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Panama databank May 13
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Peru databank Apr 28
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Philippines databank May 8
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Poland databank Apr 29
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Russia Economics databank May 12
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South Africa databank May 6
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Turkey databank Apr 24
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Ukraine databank May 12
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Venezuela databank May 5
NEWS FLASH
WEBINAR - LATIN AMERICA: FISCAL PRESSURES AND POLITICAL SHIFTS...
COUNTRY INSIGHTS
Slide presentation - Colombia: Easier said than done
COLOMBIA · Report · 10 Nov 2022
Access the pdf file of the presentation from the GlobalSource Partners webinar "Colombia: Easier said than done" for insight into Colombia's macro economic and political outlook.
Bi-Weekly Economic News Summary
KAZAKHSTAN · In Brief · 10 Nov 2022
Oct 27 President: The President of the European Council Charles Michel and the President of Kazakhstan Kassym-Jomart Tokayev discussed a number of issues during a meeting in Astana and agreed to expand cooperation in the mineral resources sector, the development of a "green" economy and internati...
Russia’s current account surplus widens
RUSSIA ECONOMICS · In Brief · 10 Nov 2022
The CBR reported that in 10M22, the current account surplus reached $215.4 bn and increased by $17.7 bn in October as in 9M22, it was at $197.7 bn. The monthly current account surplus in October was close to its average monthly level in 3Q22 (quarterly $51.2 bn) albeit was lower than average mont...
Ukrainian forces report big progress near Kherson
UKRAINE · In Brief · 10 Nov 2022
Today we have a flow of reports about many villages near Kherson that Ukrainian forces liberated. The most impressive was information that Ukrainian forces entered Tomaryne, a village just 8 km from Beryslav and 14 km from Nova Kahovka. The General Staff is still not rushing to jump in euphoria o...
Lula met with the presidents of the House, Senate, and STF, the Transition PEC was discussed, and Lula said he will start announcing the members of his ministerial team after the COP27
BRAZIL POLITICS · Report · 10 Nov 2022
This was Lula’s first meeting with the heads of the two other branches of government since his election. Lula intends to signal the start of a harmonious relationship between the three branches. Some members of Congress who participated in the meetings gave statements about the total amount of fu...
Surprise 3Q GDP growth
PHILIPPINES · In Brief · 10 Nov 2022
GDP grew 7.6% in 3Q, much faster than the 6.1% median forecast of analysts. The seasonally adjusted figures showed GDP growing 2.9% over 2Q, its strongest since 4Q last year and a reversal from the slight dip in 2Q. 3Q performance reveals that the economy continued to benefit from the removal of ...
Inflationary pressure remains low so far
RUSSIA ECONOMICS · In Brief · 10 Nov 2022
Rosstat reported that inflation in October was 0.18% m-o-m which brought inflation YTD and y-o-y to 10.66% and 12.63%. The final inflation in October calculated on a broad consumption basket appeared a bit lower than whet Rosstat reported a few days earlier having provided an estimated based on a...
Russia to withdraw from Kherson
RUSSIA / FSU POLITICS · In Brief · 09 Nov 2022
On November 9 the Defense Minister said he was ordering his soldiers to leave the west bank of the River Dnipro. The Ukrainians have been advancing constantly but very slowly since August 2022. The Defense Minister made a TV broadcast to say it was impossible to supply troops on the west bank of ...
Russians claim troops are leaving Kherson but this might be a trap
UKRAINE · In Brief · 09 Nov 2022
Today in the morning there were stingy reports about Ukrainian forces taking Snihurivka, a critical stronghold of Russian frontline to the North of Kherson. Heavy fights for Snihurivka have lasted for several months. We do not know what happened whether Russians just withdrew or Ukrainian forces ...
Lula scheduled to meet with Lira, Pacheco, and Weber today, the Transition PEC should be outlined after the meetings, and the TCU rejected a request to suspend the payment of Petrobras’s dividends
BRAZIL POLITICS · Report · 09 Nov 2022
Lula will have meetings with the presidents of the House, Arthur Lira (PP-AL), the Senate, Rodrigo Pacheco (PSD-MG), and the Supreme Federal Court, Minister Rosa Weber. The meeting with Lira is scheduled for 10 a.m. He should meet with Pacheco at 1 p.m., and with Rosa Weber at 4 p.m. Lula will on...
October CPI-inflation still shows acceleration, though less steep than in previous months
HUNGARY · In Brief · 09 Nov 2022
Figures for the headline rate were 2% mom, 21.1% yoy, the latter up from 20.1% in September, and above the 20.7% yoy median expectation of analysts asked in Portfolio.hu's poll. Core inflation rose to 22.3% yoy from the previous 20.7% yoy, on a 2.2% mom rise in October. Household energy rose by 6...
The government will be unable to reduce inflation or accumulate foreign reserves
ARGENTINA · Report · 08 Nov 2022
The rate of inflation persists above 6% per month, and the government has no effective tools to bring it down. In the past, the tools used to fight inflation were, alternatively, the exchange rate, freezing utility prices, containing nominal wage rises, and increasing interest rates (or quantitat...
The Transition PEC should be outlined tomorrow, Lula is expected to meet with Lira, Pacheco and Weber tomorrow, and the demonstrations against the results of the election should gradually lose strength
BRAZIL POLITICS · Report · 08 Nov 2022
The decision regarding the text of the Transition Constitutional Amendment Proposal (PEC), scheduled for Tuesday, was postponed to Wednesday. The PT leader in the House, re-elected Deputy Reginaldo Lopes (MG), stated that he believes the Transition PEC is the beginning of a debate on combining fi...
Economy minister suggests growth and inflation is stronger than generally expected
HUNGARY · In Brief · 08 Nov 2022 · 1 response
The macro news for today is economy minister Nagy's statement that GDP growth will likely reach a positive 4% yoy in Q3 and remain slightly positive in Q4, implying average growth of 4.5% for 2022. In addition, CPI-inflation is likely to go further up substantially in the coming months, to around...
Putin's chef admits interfering in US elections
RUSSIA / FSU POLITICS · In Brief · 08 Nov 2022
On November 7 Yevgeny Prigozhin finally admitted what he had denied for years: that he interfered in US elections. Prigozhin is very close to Putin and is under sanctions from the US and EU. He vowed to continue to ''interfere...carefully, surgically and precisely.'' The Russian Government has de...