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Events
Databanks
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Argentina databank Jul 2
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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 Jul 7
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Dominican Republic databank Jun 18
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Ecuador databank Jun 20
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Gulf Countries databank Jul 4
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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 Jul 8
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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 Jul 7
NEWS FLASH
UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: POLITICAL PASSIONS IN THE...
COUNTRY INSIGHTS
The sixth day of war: Russians target more civilian deaths
UKRAINE · In Brief · 01 Mar 2022
We have no big changes at the front. Ukrainian army destroyed several more groups of Russian forces which targeted to take Kyiv into circle. Also Ukraine received 70 fight airjets from the EU countries to cover the sky and the jets promptly joined actions already yesterday. A big change that we o...
Belarus referendum allows Russian nukes and extends Lukashenka's power
RUSSIA / FSU POLITICS · In Brief · 01 Mar 2022
On February 27 the vote was held. The result was yes to the reform package. It was claimed that 65% of people voted. This is hard to believe given the apathy of the electorate. The reforms allow Lukashenka to seek more terms in office. They also give him immunity from prosecution for life.The ref...
“Historic” Opposition Declaration: Will it sell in Yozgat?
TURKEY · In Brief · 01 Mar 2022 · 1 response
Turkey’s six leading opposition parties sans pro-Kurdish Rights HDP gathered in a room to sign a Declaration for Democracy (the Protocol), with the lieutenants reading passages from the 19 page document (link to Turkish version is here). First, I classify the promises in three categories:Those re...
Economics: 2021 GDP numbers project a weak 2022
MEXICO · Report · 28 Feb 2022
Economic news this month confirmed the extent to which the economy is tending to stall. Friday’s GDP report for the fourth quarter proved to be only marginally more positive than the preliminary estimate Inegi issued at the beginning of the month, which had fallen almost three percentage points s...
Politics: Latest report from the federal audit authority belies AMLO’s anticorruption claims
MEXICO · Report · 28 Feb 2022
At a time when stories such as the “Gray House” once rented by the president’s son and the debate on corruption within the López Obrador’s government dominate the political agenda, the Superior Auditor of the Federation (ASF) presented the results of its audit of public spending for calendar year...
Signs of monetary and fiscal expansion at last
CHINA · Report · 28 Feb 2022
Because of the long Chinese New Year holiday, the statistics bureau only announced price, financial and PMI data in February. Producer prices grew more slowly. PPI rose 9.1% y/y, down another 1.2 pps from December. The ex-factory price index of industrial goods rose 8.85% y/y, while CPI growth a...
Ukraine implications for the Gulf update – diplomacy, energy and investments
GULF COUNTRIES · Report · 28 Feb 2022
As the invasion continues and the global response intensifies, Gulf states are among a core group of countries that have strong ties to both the West and Russia. While the crisis has created benefits and opportunities for them as energy exporters, it has also brought complications for their inves...
Russian macro: a Sisyphean task
RUSSIA ECONOMICS · Report · 28 Feb 2022
As the Western sanctions continue to mount, it now becomes clear that Russia’s ruling elite didn’t consider various scenarios of how the attack on Ukraine could develop and bounce back on Russian citizens. Such an outcome was difficult to expect as the attack seemed so irrational and dangerous fo...
Labor market improvement hides a lower participation rate, and a new name with previous experience enters the political arena.
PANAMA · Report · 28 Feb 2022
The final GDP results for 2021 will be published soon. We expect a growth rate between 13% and 15%, the latter hinted by Minister Alexander in his February interview with the daily newspaper La Estrella. If confirmed by INEC, the economy will be on a path to recovery from the 18% drop of 2020. ...
Bracing for change, P.S.
PHILIPPINES · In Brief · 28 Feb 2022
When we issued our Forecast report on February 22, we had not expected that the risk we warned about that would be “disruptive to growth everywhere,” i.e., a war in Ukraine, would happen just two days later. The still unfolding event, with its immediate outsized impact on global commodity prices,...
Past performance is no guarantee of…
TURKEY · Report · 28 Feb 2022
GDP increased by 9.1%, y/y, in Q4, broadly in line with expectations, and up from 7.5% in Q3, while sequential (q/q) growth (in calendar- and seasonally adjusted terms) slowed to 1.5% in Q4, down from 2.8% in the previous quarter (Graph 1). It is worth highlighting that the output gap was stil...
Growing relatively well
INDONESIA · Report · 28 Feb 2022
Although less than predicted, Indonesia saw a small spike in its economic growth in the fourth quarter of 2021. The Indonesian economy in Q4 2021 reported an increase of 5.02% year over year. Compared to the previous quarter, the Indonesian economy grew by 1.06%. This rate of growth was actually...
The BoI prepares markets for a tightening cycle
ISRAEL · Report · 28 Feb 2022
1. We have revised our inflation forecast upwards for the coming months due to higher energy prices and a somewhat weaker shekel. 2. The Bank of Israel shifted to a tightening bias last week, preparing markets for tightening in the coming months. 3. We expect three hikes in the coming ...
The fifth day of war: the front has stabilized
UKRAINE · In Brief · 28 Feb 2022
The expected offensive of Belorussian army so far did not come to reality. Ukrainian army destroyed two more big groups of Russian forces that tried to take Kyiv into circle. But overall it looks like the fights have eased by now and the front has stabilized. If Russians do not bring more fresh b...
Associates of former Kazakh President jailed or removed
RUSSIA / FSU POLITICS · In Brief · 28 Feb 2022
On February 25 Darigha Nazarbayev, the daughter of former President Nazarbayev, resigned from Parliament. She had once been chairwoman of the senate and seen as a possible president herself one day.On February 19 the former Defense Minister Murat Bektanov was put into jail for a 2-month pre-trial...