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Events
Databanks
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Argentina databank May 13
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Brazil Economics databank Apr 14
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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 Apr 28
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Ecuador databank Apr 22
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Gulf Countries databank May 9
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Hungary databank Apr 22
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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
COUNTRY INSIGHTS
4 Ukrainian soldiers killed fighting
RUSSIA / FSU POLITICS · In Brief · 29 Mar 2021
On March 27 Ukraine annonced the deaths of the servicemen and that several more were wounded. There was shelling by separatists that killed the soldiers. 19 soldiers have been killed in 2021. Zelensky said he wanted the conflict to be de-escalated. Until now the ceasefire signed in July 2020 has ...
The economic rebounds as restrictions are lifted
ISRAEL · In Brief · 29 Mar 2021
Weekly Macro Wrap Up 29.3.21 Recent economic data remains rather positive and reflects the rapid opening up of the economy on the back of mass vaccination. We stress the weekly credit card purchases which increased by 6% in the last week through the 25.3, and has increased by 31% since mid-Februa...
Flights from Russia to Uzbekistan and Tajikistan resume
RUSSIA / FSU POLITICS · In Brief · 28 Mar 2021
On March 27 it was announced that flights between the three countries shall restart on April 1, 2021. This will delight migrant workers from Central Asia who have been reduced to absolute poverty for the last 12 months. Flights will be less frequent than before the pandemic. They will start with ...
GlobalSource Partners Analyst Webinar Series: Turkey - Final Countdown?
TURKEY · Report · 28 Mar 2021
This Sunday we are attaching a link to the replay of our webinar, “Turkey: Final countdown?” and the presentation from the webinar. We will keep you posted on events with In Briefs, if need be, and we are also planning to issue a short quarterly note, in which we will reflect on recent past ev...
Lockdown order for "NCR plus"
PHILIPPINES · In Brief · 27 Mar 2021
At around 6:30 tonight, President Rodrigo Duterte placed Metro Manila and four surrounding provinces (“NCR plus”) under Enhanced Community Quarantine (ECQ), ordering people to stay at home and shuttering businesses deemed non-essential. But unlike last year, public transport will continue to oper...
Russian personal debt at an all time high
RUSSIA / FSU POLITICS · In Brief · 27 Mar 2021
The percentage of personal income that Russians are spending repaying their debts is at its highest ever level. The Central Bank of Russia published this datum on March 26. The everage debt burden rose to 11.7% of a person's income. The debt burden has been growing for years. The pandemic is the ...
Russia to strengthen links with Myanmar
RUSSIA / FSU POLITICS · In Brief · 27 Mar 2021
On March 26 the Russian deputy defense minister visited Myanmar and expressed his country's wish to increase trade and cooperation. He was meeting the Mynmarese Army's commander in chief. Russia sells significant quantities of arms to Myanmar.At the UN, Russia has voted against any criticism of M...
A critical year
CENTRAL AMERICA · Report · 26 Mar 2021
Guatemala performed better than its regional partners in 2020. Though the COVID-19 pandemic affected the global economy, its intensity differed from country to country. In Guatemala, temporary restrictions on economic activity were compensated for by positive external results in merchandise expor...
Covid watch (4)
PHILIPPINES · In Brief · 26 Mar 2021
The surge in covid19 cases continued this week with the daily new cases reaching another high of 9,838 today. The 7d average was 7,846 this week, up another 50% from last week and more than doubling in a span of 12 days. Metro Manila accounted for about half of the total. Most worrisome, health f...
GULF WEEKLY: Kuwait’s emir returns to a crisis, Covid worsens, IMF lifts Bahrain debt forecasts
GULF COUNTRIES · Report · 26 Mar 2021
A skimmable summary overlaid with our analysis and links. Headlines: * Covid cases are on the rise, particularly in Bahrain and Kuwait, and new restrictions are being introduced. * Saudi Arabia rehashed a Yemen ceasefire proposal that the Houthis unsurprisingly rejected. This comes as their a...
Russian rocket launches UK telecomms into space
RUSSIA / FSU POLITICS · In Brief · 26 Mar 2021
On March 25 a rocket took off from the Vostochny cosmodrome in the Russian Far East bearing 36 British satellites for phone and internet connections. OneWeb is a UK company seeking to finish a group of low orbit satellites to improve broadband worldwide.The company is striving to complete the pro...
Suez Canal Blockage
INDIA · In Brief · 26 Mar 2021
The blockage in the Suez Canal is an important problem for global trade. It is particularly important for India. Increased costs of transportation are tantamount to a government-induced barrier to trade.The two biggest ports of India, at Nhava Sheva and Mundra, are on the West Coast. Indian trade...
South Africa’s monetary policy remains accommodative, supporting the economy
SOUTH AFRICA · Report · 25 Mar 2021
The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) announced it is keeping the benchmark interest rate at 3.5%, hence the prime lending rate also remains at 7%. The repo rate has stayed at 3.5% since end-July 2020 following consecutive cuts of a cumulative 300 basis points fr...
Five themes relevant to the economic, financial and political perspectives of the country in 2021
PANAMA · Report · 25 Mar 2021
We discuss five policy issues that may influence the economic performance of the country in 2021: whether or not the newly published results of 2020 will affect our 4.9% projection for the year, the effects of the most recent downgrade of the sovereign debt, the political economy of the dialogue ...
Russian public spending hits post Soviet record high
RUSSIA / FSU POLITICS · In Brief · 25 Mar 2021
On March 23 data was published showing that in 2020 public spending was at its highest in real terms since the end of the USSR. The government spent more to negate the impact of coronavirus.If you consider regional spending as well as federal spending as well as off budget spending by government ...