Services
GLOBAL COVERAGE
- ARGENTINA
- BRAZIL ECONOMICS
- BRAZIL POLITICS
- CAUCASUS / CENTRAL ASIA
- CENTRAL AMERICA
- CHILE
- CHINA
- CHINA ADVISORY
- CHINA FINANCIAL
- COLOMBIA
- DOMINICAN REPUBLIC
- ECUADOR
- GULF COUNTRIES
- HUNGARY
- INDIA
- INDONESIA
- ISRAEL
- JAMAICA / BAHAMAS
- KAZAKHSTAN
- MEXICO
- NIGERIA
- PANAMA
- PERU
- PHILIPPINES
- POLAND
- RUSSIA ECONOMICS
- RUSSIA / FSU POLITICS
- SOUTH AFRICA
- TURKEY
- UKRAINE
- VENEZUELA
Events
Databanks
-
Argentina databank Jul 2 -
Brazil Economics databank Jun 16
-
Central America databank Jun 27
-
Chile databank May 27
-
China databank Mar 21
-
Colombia databank Jul 7
-
Dominican Republic databank Jun 18
-
Ecuador databank Jun 20
-
Gulf Countries databank Jul 4
-
Hungary databank Jun 23
-
India databank Jun 26
-
Mexico databank Jul 1
-
Panama databank May 13
-
Peru databank Jun 27
-
Philippines databank Jun 6
-
Poland databank Apr 29
-
Russia Economics databank Jun 16
-
South Africa databank Jun 9
-
Turkey databank Apr 24
-
Ukraine databank May 12
-
Venezuela databank Jul 7
NEWS FLASH
UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: POLITICAL PASSIONS IN THE...
COUNTRY INSIGHTS
Webinar Replay: Central America and the Caribbean
CENTRAL AMERICA · Report · 29 Oct 2021
Gain insights into the issues that matter the most for the Central America and Caribbean region, focusing on El Salvador, the Dominican Republic, Costa Rica, Panama, and The Bahamas. Visit our calendar page to watch the webinar replay.
The relevance of mining in recent growth does not correspond to its fiscal importance. The political situation is impeding reforms to the pension program and to exiting the GAFI and EU gray lists.
PANAMA · Report · 29 Oct 2021
We discuss four issues in this report: (1) the importance of copper mining, now and in the short term, for the country’s real activity, the balance of payments and government revenues, as compared with the importance of the Panama Canal (ACP); (2) the negative implications of the inclusion of Pan...
Delta watch 7
PHILIPPINES · In Brief · 29 Oct 2021
Government today announced that Metro Manila will remain under alert level 3 until November 14. The 5-level alert system was introduced in mid-September with “1” being the least restrictive and “5” the most restrictive. Metro Manila was downgraded from level 4 to level 3 in mid-October. Alert lev...
2021–2022 forecast: more benign scenario won’t end hardship
VENEZUELA · Forecast · 28 Oct 2021
We continue to see severe hardship ahead for most Venezuelans. Nonetheless, our revised forecast scenario is slightly more benign than that of three months ago. We revise up our outlook for growth. We now see a 2.5 percent pace of expansion for 2021, up from our earlier projection of 0.8 perc...
Inflation Report: Rate cuts to continue
TURKEY · In Brief · 28 Oct 2021 · 1 response
The CBRT released the final Inflation Report of the year today (presentation here; overview chapter here). The year-end inflation forecasts for 2021 and 2022 were raised further to 18.4% and 11.8% (both midpoints), respectively, from 16.2% and 9.8%, in the September MTP. This year’s inflation for...
The first-round vote on the Court-ordered payments PEC was unsuccessful, the House approved the bill to create a gas subsidy for low-income families, and the TSE resumes judgment of the cases calling for the revocation of Bolsonaro’s electoral ticket
BRAZIL POLITICS · Report · 28 Oct 2021
The government will try to approve the Court-ordered payments PEC again today. Deputies of the opposition are asking for the FUNDEF’S court orders to be removed from the spending ceiling. The provisional measure that instituted the Auxílio Brasil program determines that 90 days after its enactmen...
Growth falls amid global energy crisis
CHINA · Report · 28 Oct 2021
Growth slowed, with real estate investment cooling dramatically. In Q3, GDP rose 4.9% y/y, the same rate as in Q3 2020, and lower than in Q2 2021. Industrial output in Q3 rose 4.9% y/y, down 0.9 pps from Q3 2020, and was up 2.1% y/y in September -- a major fall. Investment was up 7.3% y/y, wit...
Uncontrolled Delta seems stronger than partial vaccination
HUNGARY · In Brief · 28 Oct 2021
At least according to the recent Covid data of Hungary. The latter shows that the ongoing 4th wave is running up pretty much in tandem with the 2nd wave of the same season of last year. Currently, daily new infections (7-day average, reported this morning) are at 115% of the same date of 2020, an...
Industrial growth remains strong in September
RUSSIA ECONOMICS · In Brief · 28 Oct 2021 · 1 response
Rosstat reported that industrial output grew y-o-y by 4.7%, 6.2%, and 6.8% in 9M21, 3Q21, and September alone. Seasonally and calendar-adjusted industrial output grew by 1.7% m-o-m.Mining was up by 3.0%, 9.4%, and 9.5% y-o-y over the same periods. As oil and gas extraction combined was up by 0.9%...
The saga of 10 Ambassadors: Turkey’s DIY[1] crisis
TURKEY · In Brief · 27 Oct 2021 · 1 response
Erdogan’s rage against 10 Ambassadors who jointly issued a statement urging Turkey to release philanthropist Mr. Osman Kavala has made it to world media headlines.However, the question of who bested whom at the end, and why the crisis was triggered requires explanation. Yours Truly once again det...
President Abinader will not present tax reform.
DOMINICAN REPUBLIC · In Brief · 27 Oct 2021 · 1 response
In the long-awaited address to the country, President Luis Abinader announced that he will not submit a tax reform to Congress or increase taxes. He indicated that the only priority at this time is to consolidate the economic recovery and continue betting on growth and investment. The Government ...
The Gulf response to the coup is critical to Sudan’s future
GULF COUNTRIES · Report · 27 Oct 2021
General Burhan likely assumed he could count on the Gulf support when he staged a military coup this week. However, the response from Gulf countries has been ambivalent, and the US is urging them to press Sudan for a return to the civilian-led transitional government. A year ago, Saudi Arabia an...
The vote on the court-ordered payments PEC was postponed to today, the Senate CAE holds a public hearing on the income tax bill, and Rodrigo Pacheco formally joins the PSD today
BRAZIL POLITICS · Report · 27 Oct 2021
Despite the procedural rules prohibiting edits to the PEC, Lower House President Arthur Lira said edits would be allowed during the vote in the plenary of the House. The trend is for approval. There is still no deadline for the rapporteur, Senator Angelo Coronel, to submit his report on the incom...
Russia seeks the lifting of sanctions for the sake of climate change
RUSSIA / FSU POLITICS · In Brief · 27 Oct 2021
On October 22 the Russian government said that at COP26 summit in Glasgow, UK it will ask for sanctions to be terminated. If Russia is to meet the targets on carbon emission reduction this needs to happen. The UN is asking Gazprom to stop methane leaks. However, sanctions on Gazprom make this dif...
Uzbekistan: president wins an election condemned for fraud
RUSSIA / FSU POLITICS · In Brief · 26 Oct 2021
On October 24 Shavkat Mirziyoyev was re-elected to his second 5-year term. He won 80% of the vote. The remaining 20% was divided between several candidates who are virtual unknowns and garnered minimal media attention. The second placed candidate was a woman who won 70%. A woman president is unth...