Services

NEWS FLASH

UPCOMING WEBINAR - PANAMA IN FOCUS: US RELATIONS, CANAL STRATEGY AND FI...

Learn More

COUNTRY INSIGHTS

Lula will sign an MP that makes changes to the Bolsa Família program, the increase in the export tax on crude oil faces resistance from Congress, and Lula’s interview will air today
BRAZIL POLITICS · Report · 02 Mar 2023

All beneficiaries will receive a minimum amount of R$ 600, and two complementary payments will be created to better meet the size and characteristics of each family. The relaunching of the program reinforces Lula's connection with the low-income population and re-establishes the social brand of t...

A decent start in January
RUSSIA ECONOMICS · In Brief · 02 Mar 2023

Rosstat reported that the output of the five basic sectors shrank by 2.5% y-o-y in January which was better than in 4Q22 when it contracted by 3.1% y-o-y. The performance of various sectors was quite uneven in January, but less so than in 2022. Industrial output and transportation services contra...

Essential CIS Politics: March 2023
RUSSIA / FSU POLITICS · Report · 01 Mar 2023

* Biden visited Kyiv and assured Ukraine of unwavering support. * Zelensky visited London, Paris and Brussels and received pledges of tanks. * Russia continues to advance in Ukraine but very slowly. * Russian Foreign Minister Lavrov continues tour of neutral states.

Monetary policy rate unchanged in March 2023
DOMINICAN REPUBLIC · In Brief · 01 Mar 2023 · 1 response

The Central Bank decided yesterday to maintain the monetary policy rate at 8.5% per year, the same level in force since Nov 2021. The permanent liquidity expansion facility rate (1-day Repos) is also kept unchanged at 9% per year and the rate of remunerated deposits (overnight) at 8% per year. Th...

Federal taxes on gasoline and ethanol were reinstated, parties will meet in the House and Senate to appoint members of the permanent committees, and the pressure in Congress for a CPMI on the January 8 attacks continues
BRAZIL POLITICS · Report · 01 Mar 2023

The published provisional measure reinstates the federal taxes on gasoline and ethanol, as well as establishing the rate of export tax on crude oil exports at 9.2% until June 30, 2023. The solution found was considered a victory for the Minister of Finance, Fernando Haddad. Today, the blocs and p...

US Secretary of State in Kazakhstan
RUSSIA / FSU POLITICS · In Brief · 01 Mar 2023

Antony Blinken held talks in Kazakhstan with President Tokayev. In Kazakhstan met the foreign ministers of Uzbekistan, Turkmenistan, Tajikistan and Kyrgyzstan. He then flew to Uzbekistan.  The US does not want Central Asian countries to support Russia over Ukraine. All five of them abstained in t...

Details of Minera Panama´s new contract remain secret. Implementation of the new base year improves the fiscal ratios slightly. The political scenario heats up fifteen months before the general elections.
PANAMA · Report · 01 Mar 2023 · 1 response

February is coming to an end, and there is no official indication that the conclusion of the new agreement between Minera Panama and the Executive will be reached in the coming weeks. The company indicated that it would phase down its mining and export operations and suggested that direct employm...

Air raid sirens sound in west Russia: hacking or real raids?
RUSSIA / FSU POLITICS · In Brief · 28 Feb 2023

On February 28 the sirens went off in the regions adjacent to Ukraine. The government said that the sirens had been started by hackers setting them off despite their not being attacks. The sirens are heard via TV and radio. On February 21 such sirens were heard in many other Russian regions. Nota...

Next challenge: tackling structural problems.
CENTRAL AMERICA · Report · 28 Feb 2023 · 1 response

Costa Rica is expected to maintain discipline in public finances under the fiscal rule implemented in the 2018 legislation, although shielding the fiscal advances to reinforce medium and long-term sustainability is important. Public policies are a next step in addressing several lagged social and...

Ukraine says its troops in Bakhmut are under severe pressure
RUSSIA / FSU POLITICS · In Brief · 28 Feb 2023

On February 28 Kyiv made the statement about the city which has been under Russian attack for months. It seems that Russia is desperate to win a battle for the first time since the summer of 2022. Almost every building in Bakhmut is damaged or destroyed. The city has salt mines and used to produc...

Today's Monetary Council meeting went (almost) exactly as expected
HUNGARY · In Brief · 28 Feb 2023

The Council did not change the base rate (13%) and the interest rate corridor(12.5-25%) today, and it specifically said that the O/N deposit rate (18%) also remains unchanged, and  it will remain so for a while in the future as well. The Council made decisions on two issues: 1. The Bank will cont...

My way or the highway
COLOMBIA · Report · 28 Feb 2023 · 1 response

Mainstream indicators reveal a pessimistic sentiment: the COP exchange rate, migration data, capital flight, consumer sentiment and surveys about the state of the nation under President Gustavo Petro all indicate a souring of outlook. Colombians are visibly moving either their assets or their bod...

Consumption leads growth yet another quarter
TURKEY · Report · 28 Feb 2023

GDP rose by 3.5%, y/y, in 2022Q4, higher than the consensus forecast of under 3% expansion (but broadly in line with ours), as sequential growth picked up to just under 1%, from an almost flat reading in the previous quarter (Graph 1). For the year as a whole, GDP grew by a faster than expecte...

Lula has a meeting to discuss the return of federal taxes on fuel, the working group on Tax Reform should meet to discuss the work plan, and the terms of two Central Bank directors come to an end today
BRAZIL POLITICS · Report · 28 Feb 2023

President Lula meets with Chief of Staff Rui Costa, Finance Minister Fernando Haddad, Minister of Mines and Energy Alexandre Silveira, and the president of Petrobras, Jean Paul Prates. The new formula will result in a progressive recharging of federal taxes on fuels. The working group created to ...

The rise of Eastern Indonesia
INDONESIA · Report · 28 Feb 2023

The Indonesian economy posted an encouraging result for Q4 2022 with growth of 5.01%, although this was significantly lower than the 5.72% rate achieved in the previous quarter. GDP for full-year 2022 grew by 5.31%, at the bottom of the predicted range of growth. Compared to the previous quart...

Copyright 2025 GlobalSource Partners. All rights reserved.