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Inflation adds to Brazil’s multiple economic woes

Location:

BRAZIL

This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…

Costa Rica’s pandemic response faces political hurdles

Location:

COSTA RICA

In August, it asked the IMF for a USD1.75bn credit under the Extended Fund Facility. This will come on top of the USD504mn approved by the IMF for emergency financial assistance…

Government may water down Greek pension reform

Location:

GREECE

Pension reform is a critical compliance requirement for the Greek authorities with the 'quadriga' of creditors -- ECB, European Commission, European Stability Mechanism and IMF -…

Czech and Polish anti-inflation plans may work better

Location:

EASTERN EUROPE

Budget constraints make it difficult for the Czech, Hungarian, Polish and Slovak authorities to help households and firms suffering as a result of the economic shocks caused by…

Colombia financial inclusion set to progress

Location:

COLOMBIA

Financial inclusion in Colombia.

South African budget prompts cheer and wider divisions

Location:

SOUTH AFRICA

However, cuts to the social grants budget and a continued focus on the planned three-year wage freeze for civil servants has annoyed (among others) the ruling ANC's ‘Tripartite…

West African cocoa sustainability demands will grow

Location:

WEST AFRICA

Nevertheless, multinationals face mounting pressure to deliver on their sustainability programmes, while Ivorian and Ghanaian regulators face new pressures to bolster domestic…

More Turks could lose jobs as COVID-19 plays out

Location:

TURKEY

Hurriyet Editor-in-chief Ahmet Hakan has queried whether Turkey is becoming a society without class or privilege. Well-intentioned anti-crisis policies have widened inequalities…

Inflation could rise again in Russia in 2023

Location:

RUSSIA

Inflation has subsided owing to base effects. War, sanctions, geopolitical isolation and economic restructuring have already undermined population living standards, with poorer…

Bet on Canada's spending poses risks for Trudeau

Location:

CANADA

It includes large federal stimulus spending to spur economic growth and to alleviate the worst impacts of the collapse in global commodity prices, particularly oil. The budget…