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 May 19 -
Brazil Economics databank May 19
-
Central America databank May 1
-
Chile databank Apr 7
-
China databank Mar 21
-
Colombia databank May 12
-
Dominican Republic databank Apr 28
-
Ecuador databank Apr 22
-
Gulf Countries databank May 16
-
Hungary databank Apr 22
-
India databank Apr 28
-
Mexico databank May 12
-
Panama databank May 13
-
Peru databank Apr 28
-
Philippines databank May 8
-
Poland databank Apr 29
-
Russia Economics databank May 12
-
South Africa databank May 6
-
Turkey databank Apr 24
-
Ukraine databank May 12
-
Venezuela databank May 5
NEWS FLASH
WEBINAR - LATIN AMERICA: FISCAL PRESSURES AND POLITICAL SHIFTS...
COUNTRY INSIGHTS
El Salvador was downgraded by Moody’s
CENTRAL AMERICA · In Brief · 02 Aug 2021
The rating agency Moody’s downgraded El Salvador’s bonds from Ba3 to Caa1 on July 30th, 2021, turning the country’s debt into the category of “junk bonds”. At the same time, the outlook was rated “negative”. The same grade was also granted by Moody’s in April 2017, when the government failed to p...
Politics: The government can’t seem to get a grip on reality
MEXICO · Report · 02 Aug 2021
The new Chamber of Deputies elected on June 6 will not convene for another month nor have most of the 15 governors-elect been sworn into office. Yet, ever since the results of that vote were announced President López Obrador has maintained a strikingly electoral focus. Although his Morena party c...
Paulo Guedes's battles and other weekly topics
BRAZIL POLITICS · Report · 02 Aug 2021
The Judicial and Legislative branches return to work this week. The president of the House, Deputy Arthur Lira (PP-AL), is working on putting the income tax bill to a vote. The Senate should vote on the bills that deal with the improvement in the business environment and the renegotiation of tax ...
Russian pandemic/political update: Looking forward to Duma elections amid a lasting pandemic
RUSSIA ECONOMICS · Report · 02 Aug 2021
Russia’s daily COVID-19 incidence rate increased in July following its steady growth in June but has seemingly stabilized in the second half of last month. It rose from around 20K to 25K in the first ten days of July, fluctuated around this level in the next ten days and hovered between 22K and 2...
Russia bringing home gold medals but not as 'Russia'
RUSSIA / FSU POLITICS · In Brief · 02 Aug 2021
Due to multiple doping violations Russia is not allowed to compete at the Tokyo Summer Olympics under its own name, national anthem or flag. Instead Russian athletes are competing under the name of the Russian Olympic Committee (ROC). Russian athletes have already won 50 medals, 12 of which are g...
The Legislative and Judicial branches return to work, Arthur Lira will try to pass the income tax bill, and the STF analyzes the legality of an important tax cut
BRAZIL POLITICS · Report · 02 Aug 2021
The Pandemic Parliamentary Committee of Inquiry (CPI) in the Senate also returns to work this week. Deputy Celso Sabino, rapporteur of the income tax bill, should submit a new report on the bill this week. The paper ballot proposal is unlikely to be approved. The market is watching the court-orde...
Economic news still muddled alongside the odd instance of pre-pandemic activity levels
MEXICO · Report · 02 Aug 2021
Data released in July provided plenty of evidence of strong percentage growth from multiple indicators, although most of those gains were achieved thanks to the easy comparison against the months of 2020, when Mexico and the economies of its main trading partners saw activity plummet as the autho...
Fiscal deficit to decline sharply on robust revenues
ISRAEL · Report · 02 Aug 2021
1. In 2022, The fiscal deficit is expected to return to pre-Covid levels without any consolidation. 2. Rapid growth in tax revenues has resulted in downward fiscal deficit forecasts. 3. Rapid growth in hi-tech service exports is offsetting a worsening trade deficit; fundamentals remain...
The fiscal deficit is expected to decline sharply on robust revenues
ISRAEL · In Brief · 01 Aug 2021
Highlights: Sharp growth in tax revenues reduces fiscal deficit The MoF continues to revise its fiscal deficit forecast downwards on surprisingly strong tax revenues. Currently, MoF expect a deficit of 6.8% GDP in 2021 and 4% in 2022. This is expected to stabilize the debt/GDP ratio at around 73%...
Current wage growth is too much for inflation, too little for healthy economic growth
HUNGARY · In Brief · 01 Aug 2021
We quite rarely report on wage growth separately, but this time around it seems really important, from the point of view of growth and inflation prospects, and of government and central bank policy.The news is that net (after-tax) wage growth for the average full-time employee was 8.2% yoy in May...
Deepening relationship between China and Ukraine
RUSSIA / FSU POLITICS · In Brief · 31 Jul 2021
In June 2021 Kyiv appended its signature to a statement condemning China for the persecution of the Uyghur ethnic minority. Over 40 nations had signed the statement. The document was to be presented to the UN Human Rights Commission at Geneva and demanded an investigation into the detention witho...
Russian banks raising their interest rates
RUSSIA / FSU POLITICS · In Brief · 30 Jul 2021
After the Central Bank of Russia (CBR) raised its key interest rate in July 2021 commercial banks have followed suit. Some raised their rates even before CBR - these included Gazprombank, Rosbank and Promsvyazbank. Some banks raised the interest rate for depositors.Raiffeisen and VTB said they do...
The rise of Indonesian exports
INDONESIA · Report · 30 Jul 2021
Indonesia is in the midst of fighting the impact of the Covid-19 pandemic. The number of new infection cases increased exponentially in the last week of June and the early weeks of July 2021. At the same time the mortality rate was also very high. This situation was worse than the first semester ...
Peru Webinar: Reviewing the next government's policies
PERU · Report · 30 Jul 2021
Visit our Events Calendar to watch the replay of our latest Peru Webinar featuring Dr. Alfredo Thorne. Following the inauguration, Dr. Thorne discusses the new president's political and economic plans and how new leadership will impact Peru.
Bolsonaro did not present evidence of electoral fraud in 2014 during his livestream, the STF published a video criticizing Bolsonaro’s claims that the Court stopped the government from dealing with the pandemic, and Congress returns to work next week
BRAZIL POLITICS · Report · 30 Jul 2021
Bolsonaro did not have proof of electoral fraud but claimed there are clear indicators of fraud. The president of the STF called the leaders of the three branches for a meeting to discuss the political tension. The House should vote on the income tax reform proposal next week, and the Senate shou...