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Events
Databanks
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Argentina databank Mar 28 -
Brazil Economics databank Apr 17
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Central America databank Apr 2
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Chile databank Apr 4
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China databank Mar 21
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Colombia databank Apr 3
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Dominican Republic databank Apr 15
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Ecuador databank Apr 22
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Gulf Countries databank Apr 19
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Hungary databank Apr 18
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India databank Apr 22
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Mexico databank Mar 28
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Panama databank Feb 2
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Peru databank Mar 27
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Philippines databank Apr 8
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Russia Economics databank Apr 11
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South Africa databank Apr 8
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Turkey databank Mar 6
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Ukraine databank Feb 12
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Uruguay databank Mar 27
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Venezuela databank Apr 3
NEWS FLASH
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COUNTRY INSIGHTS
A burst of Russian brutality
UKRAINE · Report · 23 Apr 2024
Ukraine has since mid-March faced unprecedented air raids targeting energy infrastructure, unlike anything seen since the start of the war. In previous years, such as 2022-2023, Russian strategy focused on disrupting energy supplies, to cause nationwide blackouts. But now the focus has shifted to...
The FPE will hold a meeting with Bernard Appy on Tax Reform, the House may vote on the Perse bill today, and the Camex may discuss a surcharge on imported steel
BRAZIL POLITICS · Report · 23 Apr 2024
Today, the Parliamentary Entrepreneurship Front (FPE) will hold a meeting with the Extraordinary Secretary of Tax Reform, Bernard Appy, for a debate on the proposals for Complementary Laws on Tax Reform. The House may vote on the bill that provides for the gradual end of the Emergency Program for...
Economics: Growing Chinese presence in Mexico’s automotive sector sparks concern in the US, posing risks to Mexico under the USMCA
MEXICO · Report · 23 Apr 2024
China's increasing presence in the Mexican automotive sector has drawn considerable expressions of dissatisfaction among US authorities and politicians, as well as from US labor unions, objections that have been exacerbated this key election year. Both President Joe Biden and candidate Donald Tr...
Business and consumer expectations mixed for the first quarter of 2024
PHILIPPINES · Report · 23 Apr 2024
Abstracting from the results of the BSP surveys of both business and consumer respondents, Q1 2024 is likely to sustain positive economic growth that may not necessarily approximate the official target of 6-7% at least for Q1 2024 due to the dominant downside risks to economic growth including th...
Politics: A sweeping scandal involving the Judiciary and the Executive tarnishes the entire system
MEXICO · Report · 22 Apr 2024
The Supreme Court announced on April 12 that it had ordered the Council of the Federal Judiciary to launch an investigation into an anonymous complaint of widespread acts of corruption by officials of the Judicial Branch during Arturo Zaldívar's time as Chief Justice of the Court (January 2019 to...
The Lula government's "outdated software" and other weekly topics
BRAZIL POLITICS · Report · 22 Apr 2024
The government announced a measure focused on credit and is expected to submit the Tax Reform regulations to Congress. The House may vote on a new Perse. Congress analyzes presidential vetoes. This week's Talking Points: * The Lula government's "outdated software". * A feasibl...
When a Risk Becomes (Almost) Certainty
BRAZIL ECONOMICS · Report · 22 Apr 2024
In the statement following its last meeting, the COPOM changed its forward guidance, conditional on confirmation of its baseline scenario, to only one more cut of 50 basis points at the meeting in May, without any indications regarding subsequent meetings. Back then, in the minutes of that meetin...
Lula launches the Believe Credit Program, the government should finally submit the bills that regulate Tax Reform, and the House may vote on the bill on the Perse program
BRAZIL POLITICS · Report · 22 Apr 2024
President Lula launches the new government program for the credit area today, the Believe Program (Programa Acredite). There will be lines of credit for individual microentrepreneurs and microenterprises. The government should finally submit the bills that regulate Tax Reform to the National Cong...
Why inflating debt away isn’t an option for China
CHINA FINANCIAL · Report · 22 Apr 2024
Special points to highlight in this report: * First quarter results were better than expected in terms of the volume of economic activity delivered, but there has been no improvement in the composition of growth. In spite of continued promises by Beijing to deliver demand-side growth, Chinese ...
Expected victory amidst an energy crisis
ECUADOR · In Brief · 22 Apr 2024
Ecudorians voted yesterday on the public referendum and consult for 11 questions, 9 of which are related to security and corruption issues, one to international arbitration for public contracts and one for labor hiring by the hour – these two questions are currently prohibited under the constitut...
Two signs of sanity
VENEZUELA · In Brief · 22 Apr 2024
On April 20, after four weeks of agonizing negotiations, the opposition agreed on a single candidate supported by all the Unitary Platform (PUD) parties one day before the deadline for modifying endorsements to be visible on the ballot. The candidate is Edmundo González Urrutia, registered by PUD...
Inflation expected to accelerate
ISRAEL · Report · 22 Apr 2024
Inflation in March (0.6% m/m 2.7% y/y, following 2.5% last month) was slightly above expectations of 0.5% on average. Core inflation inched up to 2.3% y/y from 2.2% last month but this is due to higher taxation on cigarettes, which contributed 0.17% to the CPI. Core excluding government measure r...
Armenia hands over villages to Azerbaijan
RUSSIA / FSU POLITICS · In Brief · 22 Apr 2024
On April 19 Armenia ceded the land to its neighbor as part of a border demarcation agreement. The four villages were part of Azerbaijan in the Soviet era. This has caused protests in Armenia, where some people believe the government is being feeble and cowardly. Some say Prime Minister Pashinyan ...
Many questions, no answers
TURKEY · Report · 21 Apr 2024
While President Erdogan promised change after the defeat of the AKP-MHP alliance, so far, he has neither taken any steps, nor has he provided any hints about new policies, save in economics. Pro-AKP press claims he is biding his time, but the first essay in the politics section concludes the Pres...
Russia slams US aid to Ukraine, Israel and Taiwan
RUSSIA / FSU POLITICS · In Brief · 21 Apr 2024
On April 20 the US House of Representatives passed a military aid package for the 3 countries. This includes USD 61 billion for Ukraine. The aid packages needs to pass the Senate, which is almost certain to happen. Biden has vowed to sign the bill as soon as it is passed. The bill has been delaye...