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Events
Databanks
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Argentina databank Jul 2 -
Brazil Economics databank Jun 16
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Central America databank Jun 27
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Chile databank May 27
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China databank Mar 21
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Colombia databank Jun 5
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Dominican Republic databank Jun 18
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Ecuador databank Jun 20
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Gulf Countries databank Jun 27
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Hungary databank Jun 23
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India databank Jun 26
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Mexico databank Jul 1
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Panama databank May 13
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Peru databank Jun 27
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Philippines databank Jun 6
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Poland databank Apr 29
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Russia Economics databank Jun 16
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South Africa databank Jun 9
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Turkey databank Apr 24
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Ukraine databank May 12
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Venezuela databank Jun 4
NEWS FLASH
UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: POLITICAL PASSIONS IN THE...
COUNTRY INSIGHTS
Families of Russian soldiers ask for them to get leave
RUSSIA / FSU POLITICS · In Brief · 29 Nov 2023
On November 27 an organization of soldiers' families called "Put Domoi" (''The Way Home'') published a petition asking for soldiers in Ukraine to be given a vacation. Some relatives have put anti-mobilization stickers on their automobiles. The campaign is for the soldiers to be given a break. It ...
A Prelude to the Campaign
VENEZUELA · Report · 29 Nov 2023
April 8, 2024 will be the Venezuelan government’s last chance to act at the International Court of Justice in defense of its rights over the Essequibo region. Even though a clear judicial route exists for addressing the Essequibo conflict, on December 3, the Maduro government opted for calling a...
Bukele powers ahead
CENTRAL AMERICA · Report · 29 Nov 2023
El Salvador is preparing for the February 2024 presidential elections, with President Nayib Bukele already registered to run. His notice revived discussions about the supposed unconstitutionality of his running for a successive term, and several annulment petitions were presented before the Supre...
The economy continued to expand in October
RUSSIA ECONOMICS · In Brief · 29 Nov 2023
Rosstat reported that the Russian economy continued to grow in October as the output of the five basic sectors grew y-o-y by 5.9% and 7.7% in 10M23 and October alone. However, as happened previously on many occasions, this growth appeared uneven across various segments. Agriculture grew by 1.9% a...
Freedoms will drive outcomes in 2024
VENEZUELA · Forecast · 29 Nov 2023
The sanctions relief begun in late 2022 is gradually adding oxygen to the Venezuelan economy. While it’s no panacea, it does translate into higher output for the joint ventures in which Chevron, Eni, Repsol, and Maurel & Prom hold minority stakes, and therefore stronger export revenue and foreign...
Bi-Weekly Economic News Summary
KAZAKHSTAN · In Brief · 29 Nov 2023
Nov 17 Economy Ministry: The draft of the new Tax Code, which is due to come into force in Kazakhstan in 2025, includes the introduction of a two-step scale of personal income tax rates for salaries Ministry of Transport: Kazakhstan is ready to transfer two of its ports - Aktau and Kuryk - to the...
Divergent views on how the war might end
UKRAINE · Report · 29 Nov 2023
The lack of significant land gains in Ukraine's 2023 summer counter-offensive has sparked intensive discussions about a potential stalemate in the war, and the West's vision for its conclusion. General Valery Zaluzhny's essay in The Economist, widely interpreted as an admission that the front has...
The Joint Committee on the ICMS subsidies bill should be installed, the Senate may vote on the sports betting and offshore funds bills, and Deputy Forte is expected to submit his final report on the LDO
BRAZIL POLITICS · Report · 29 Nov 2023
The Joint Committee is scheduled to be installed today to analyze provisional measure 1185/23, which deals with ICMS subsidies. The rapporteur will be Deputy Luiz Fernando Faria (PSD-MG). The Ministry of Finance is negotiating changes to the text. The bill that deals with the taxation of offshore...
Iudex locuta, causa finita…ma non troppo
PANAMA · In Brief · 28 Nov 2023
After a week of demonstrations in front of the Supreme Court building in Panama City, road blockades, and media pressure, on the early morning of Tuesday (a holiday in Panama), the CSJ declared Law 406, which approved the contract between the government and Minera Panama (a subsidiary of Canada's...
Western nations suspect Turkey of conniving at sanctions busting
RUSSIA / FSU POLITICS · In Brief · 28 Nov 2023
On November 27 The Financial Times reported that Turkey's sale of militarily applicable goods to Russia has shot up since 2022. There are 45 items that are dual use. They are sold to Russia directly or indirectly. The explanation is that they have a civilian use as well as a military one. The ite...
The MNB is under friendly fire: rating agencies appear to be worried
HUNGARY · In Brief · 28 Nov 2023 · 1 response
A few days ago, we wrote in our monthly report that the government may step up supporting the MNB's strong forint policy towards end-2023, because of its desire to present a materially decreasing debt ratio. But so far, actual events do not seem to support our forecast. The MNB has received criti...
The STF decided that the government can pay off civil liens with extraordinary credit, Lula confirmed Dino’s appointment to the STF, and the vote on the offshore tax bill was postponed to tomorrow
BRAZIL POLITICS · Report · 28 Nov 2023
Yesterday, the Supreme Federal Court (STF) formed a majority in the adjudication of the Direct Act of Unconstitutionality (ADI) on civil liens. Eight ministers voted to allow the federal government to pay the stock of civil liens with extraordinary credit. Yesterday, President Lula confirmed the ...
Economics: Construction boosts GDP growth in the third quarter, while manufacturing stagnates
MEXICO · Report · 28 Nov 2023
Third quarter GDP data released Friday was closely in line with what Inegi estimated roughly a month earlier in the preliminary figures, with the economy growing an annual 3.3% and a cumulative 3.6% for the first nine months of the year. Growth continues to be driven, above all, by the constructi...
Peru: Attorney General under pressure to resign
PERU · In Brief · 27 Nov 2023 · 2 responses
This morning Attorney Marita Barreto, in charge of investigating corruption in the State, raided the homes of two close advisors of Attorney General Patricia Benavides. They found WhatsApp chats between these two advisors and several congress-members and offered evidence that Benavides had been p...
Growth remains solid
INDONESIA · Report · 27 Nov 2023
Indonesia's economy posted an encouraging result for Q3 2023, registering growth of 4.94%, only slightly lower than the 5.17% annual growth for Q2 2023. Compared to the previous quarter, the Indonesian economy expanded by 1.60%, which followed the regular cycle. While the growth rate for the Q3 w...