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
- RUSSIA ECONOMICS
- RUSSIA / FSU POLITICS
- SOUTH AFRICA
- TURKEY
- UKRAINE
- VENEZUELA
Events
Databanks
-
Argentina databank Nov 7 -
Brazil Economics databank Nov 15
-
Central America databank Oct 31
-
Chile databank Oct 23
-
China databank Mar 21
-
Colombia databank Nov 6
-
Dominican Republic databank Nov 20
-
Ecuador databank Oct 23
-
Gulf Countries databank Nov 22
-
Hungary databank Nov 21
-
India databank Oct 30
-
Mexico databank Nov 15
-
Panama databank Sep 11
-
Peru databank Oct 15
-
Philippines databank Nov 8
-
Russia Economics databank Nov 13
-
South Africa databank Nov 1
-
Turkey databank Sep 18
-
Ukraine databank Nov 12
-
Venezuela databank Nov 5
NEWS FLASH
UPCOMING WEBINAR - LATIN AMERICA IN 2025: HOW WORRIED SHOULD WE BE?...
COUNTRY INSIGHTS
Kazakhstan macro: no threat to the budget despite insufficient tax revenue flow
KAZAKHSTAN · Report · 06 Jun 2024
Recent developments in Kazakhstan show that the country’s economy continues to grow at a decent pace, albeit with a slight deceleration, which is natural after last year’s overheating. Inflation decelerated in May to 0.4% m-o-m (versus 0.6% m-o-m in April), and this could have resulted (at least ...
The Senate approved the Mover bill, the MP on PIS/Cofins credits is being highly criticized, and the rapporteur of the payroll tax relief bill is expected to submit his report soon
BRAZIL POLITICS · Report · 06 Jun 2024
Yesterday, the Senate approved the bill dealing with the Green Mobility and Innovation Program (Mover Program). Although rapporteur Rodrigo Cunha (Podemos-AL) removed the taxation for international purchases from the text, the provision was included again through an amendment. In other tax news, ...
Slide Presentation: Israel - Monetary policy issues: Some good news and some bad news
ISRAEL · Report · 06 Jun 2024
Get insight into the factors driving monetary policy rates in Israel with our slide presentation "Monetary policy issues: Some good news and some bad news".
The economy keeps adjusting to new realities
RUSSIA ECONOMICS · In Brief · 06 Jun 2024
Rosstat reported that in 4M24, the combined output of the five basic sectors (a monthly proxy for overall economic activity) grew by 6.3% y-o-y. In April alone it was up by 5.5% y-o-y. Despite some deceleration the overall figure looks decent. Economic growth is largely driven by expanding domest...
Russia: a brief market watch
RUSSIA ECONOMICS · In Brief · 06 Jun 2024
The Russian securities market appeared under pressure in recent weeks. Tighter rhetoric by CBR officials convinced investors that the key rate may be raised as soon as in June. Market started to price in this scenario, which sent the yield for 10-year OFZ above 15%, while the equity market index ...
Homemade Demand
BRAZIL ECONOMICS · Report · 05 Jun 2024
First quarter GDP grew 0.8% in seasonally adjusted terms, slightly above the market's average projection (consensus 0.7%) but below our forecast (1.1%). On the supply side it was driven by the surprising expansion of the agricultural sector (11.3%) and, from a demand perspective, by robust growth...
Georgian Foreign Agents Law enacted
RUSSIA / FSU POLITICS · In Brief · 05 Jun 2024
On June 3 the law was published in the official gazette. The Speaker of Parliament had already signed it into law. The presidential veto was superseded by a parliamentary supermajority. The Speaker claimed that some of those who protested against the bill for months had already changed their mind...
Echoing the uncertain election mood, the South African economy shrinks in the first quarter of 2024
SOUTH AFRICA · Report · 05 Jun 2024
Real quarterly GDP contracted by 0.1% in the first quarter of 2024. This was following an expansion of 0.3% q/q during the fourth quarter of 2023 and a contraction of 0.4% q/q in the third quarter of 2023. This latest GDP print showcases that the South African economy indeed started 2024 on an an...
The MP on measures to compensate for the payroll tax exemption extension was published, the Senate may vote on the Mover bill, and environment employees are on strike
BRAZIL POLITICS · Report · 05 Jun 2024
The provisional measure (MP) to compensate for the extension of the payroll tax exemption was published yesterday. According to the Federal Revenue Service, the cost of the exemption in 2024 is R$26.3 billion. Today, the Senate may vote on the bill that regulates the Green Mobility and Innovation...
Deepening relations between Iran and Russia
RUSSIA / FSU POLITICS · In Brief · 04 Jun 2024
Russia expressed its deepest condolences on the death of the Iranian President on May 19. Iran is one of the few countries outside the former USSR where Russia has a true friend. The death of President Raisi and his foreign minister is unlikely to result in any diminution in the scale of Iranian ...
Parsing the general elections
INDIA · Report · 04 Jun 2024
The BJP was expected to solidly win the elections. They have emerged as the largest single party but with a modest showing. They are about 30 to 40 seats short of a majority coalition. These results give new life to opposition parties. The successful coalition, which is likely to be led by BJP, w...
Bernard Appy will hold a press conference on the second Tax Reform bill, Padilha stated that the economic team will publish compensation measures for the payroll tax exemption, and the Senate may vote on the Mover bill
BRAZIL POLITICS · Report · 04 Jun 2024
The Extraordinary Secretary for Tax Reform, Bernard Appy, the director of the Extraordinary Secretariat for Tax Reform (Sert), Manoel Procópio Jr., and representatives of states and municipalities will hold a press conference today to outline the second bill on Tax Reform regulation. Alexandre Pa...
Detailed Q1 GDP affirms preliminary data, reflects improvement but also an unhealthy structure
HUNGARY · In Brief · 04 Jun 2024
This morning's detailed KSH data on Q1 GDP affirmed the preliminary 0.8% qoq, 1.7% yoy growth, a marked improvement from Q4 2023's 0% qoq, 0.5% yoy figures (all on sda basis): Further reasonably good news is the 0.6% qoq, 3.4% yoy expansion measured for household consumption, especially after all...
A first glance at the new political map after the June 2 elections
MEXICO · In Brief · 04 Jun 2024
A first glance at the new political map after the June 2 elections The surprising magnitude of the victory of Morena and its allies in all the elections held on June 2 caused a profound change in the distribution of political power that will last for many years. A victory of Claudia Sheinbaum was...
Fiscal deficit target in 2024 appears credible
ISRAEL · In Brief · 04 Jun 2024
Fiscal deficit target in 2024 appears credible As we had expected, the MOF just published a revised revenue forecast for 2024, which is 16.2 bl ILS above the original fiscal assumption. This takes into account revenues for the first five months and a conservative estimate for the rest of the year...