Services

NEWS FLASH

UPCOMING WEBINAR: CHINA’S OUTLOOK IN THE TIME OF TRADE WARS...

Learn More

COUNTRY INSIGHTS

Service inflation surges to 86.5%
TURKEY · Report · 03 Oct 2023

Consumer prices rose by 4.8%, m/m, in September, broadly in line with the consensus forecast, with 12-month CPI-inflation increasing further to 61.5% -- the highest level since the beginning of the year -- from 58.9% in August. Producer prices rose at a more moderate rate of 3.4% in the month, wi...

The Senate approved the Desenrola bill yesterday, Lira spoke with the rapporteur of the bill on the taxation of exclusive and offshore funds, and Lula vetoed two provisions of the fiscal framework
BRAZIL POLITICS · Report · 03 Oct 2023

Yesterday, October 2, as expected, the Senate approved the bill that deals with the Desenrola program and addresses the limit on interest rates charged to finance the outstanding balance of credit card bills and other post-paid payment instruments. Yesterday, the president of the House, Arthur Li...

Initial readings from the first presidential debate
ARGENTINA · Report · 03 Oct 2023

Sunday's opening presidential debate gave a glimpse into the electoral strategies of the five presidential candidates. As anticipated, the topics addressed were the economy, education, and human rights and democratic coexistence. The second debate will be held next Sunday, October 8, covering th...

The fiscal deficit target has been raised: this was always a bridge too far
HUNGARY · In Brief · 03 Oct 2023

This morning, KSH reported a general government deficit ratio of 6.3% of GDP, by EU methodology, for H1 2023. Immediately beforehand, the Finance Ministry announced an increase in this year's annual deficit target to 5.2% of GDP from the previous 3.9%, which was an amended version of the original...

Politics: The most recent GEA-ISA survey shows candidate Claudia Sheinbaum with an initial advantage
MEXICO · Report · 02 Oct 2023

The most recent GEA-ISA quarterly survey of registered voters shows presidential approval bounced 5 percentage points to 62%, along with a significant shift in the reasons respondents cited for commending AMLO’s performance away from general empathic associations to tangible factors arising from ...

Economics: Mixed 2024 economic outlook as trade/FDI opening is combined with heightened risk on the public finance front
MEXICO · Report · 02 Oct 2023

Mexico's economic outlook includes some striking contrasts and uncertainties for year-end 2023, and especially for 2024. On one hand, we expect a certain degree of economic growth although at a slowing pace, and for macro-financial variables (interest rates, exchange rate) to remain stable, with ...

Synthesis of the Brazilian Economy
BRAZIL ECONOMICS · Report · 02 Oct 2023

Evidence is mounting that Brazil is facing a more severe fiscal problem than was assumed at the start of the year, due to the fragility of the fiscal framework as a brake on spending by the executive and legislative branches. The country seems fated to suffer from inefficient spending, with littl...

Government agenda put to a vote and other weekly topics
BRAZIL POLITICS · Report · 02 Oct 2023

This should be a busy week in Congress. The House may vote on the taxation of offshore and exclusive funds—measures presented by the Ministry of Finance. Another important bill is the one that deals with the guarantee framework. In the Senate, the priority is the vote on the Desenrola program and...

The NBU Switches to Controlled Fluctuation FX Regime
UKRAINE · In Brief · 02 Oct 2023

The NBU has announced a controlled fluctuation FX regime beginning October 3rd, abandoning the fixed exchange rate regime that had been in place since the full-fledged Russian invasion in February 2022. While the move was anticipated, the timing was unpredictable, catching observers by surprise. ...

Pithy data commentary - October 2, 2023
CAUCASUS / CENTRAL ASIA · Report · 02 Oct 2023

We comment on the key data and news in the Caucasus and Central Asia: Armenia: Armenia loses NK, faces higher medium-term risks Armenia: Mayoral Elections in Yerevan signify a Pyrrhic victory for the ruling Civil Contract party Armenia: Short-term economic indicator increases by 10.9 perc...

Essential CIS Politics: October 2023
RUSSIA / FSU POLITICS · Report · 02 Oct 2023

* Azerbaijan ousts Armenia, taking control of Nagorno-Karabakh. * Putin met the leaders of Turkey and North Korea, proving Russia is not isolated. * Russian regional elections were easily won by the main pro-Putin party amid claims of widespread rigging. * Ukraine claims to...

The monetary policy interest rate remains at 7.50% annually
DOMINICAN REPUBLIC · In Brief · 02 Oct 2023

On September 29, 2023, the Central Bank decided to keep the monetary policy interest rate unchanged: 7.50% annually. The permanent liquidity expansion facility rate and the interest-bearing deposit rate also remain unchanged at 8.0% and 6.25% annually, respectively.

The House may vote on the bill that deals with offshore taxation this week, the Senate Environment Committee may vote on the new carbon credit market, and the Senate will vote on the Desenrola bill today
BRAZIL POLITICS · Report · 02 Oct 2023

This week, the House is expected to vote on the bill (PL) that deals with the taxation of financial investments abroad made through companies and funds known as “offshores” (PL nº 4,173/23). The offshore PL has an urgent status and will begin to block the House agenda starting on October 14. The ...

Economic indicators remain mixed
ISRAEL · Report · 02 Oct 2023

1. The labor market continues to tighten, with unemployment down sharply. 2. August witnessed an improvement in private consumption growth. 3. Other indicators point to slowing growth, both in service and manufacturing exports. 4. Without an upward inflation surprise or sharp shekel...

Russian police short of officers
RUSSIA / FSU POLITICS · In Brief · 02 Oct 2023

The Russian police number 900,000. Per capita it is one of the largest in the world. It has 630 per 100,000 people, making Russia one of the most policed countries. The center of Moscow is perhaps the most policed place in the world. But that means that remote areas have very few officers. In Aug...

Copyright 2025 GlobalSource Partners. All rights reserved.