The average price of Angola’s Cabinda crude plunged to an over one-year low of USD 57.3 per barrel (pb) in...
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Angola: Cabinda crude oil prices nosedive in February; Angolan oil production remains subdued -
South Africa: Moody’s skeptical over new budget which sees fiscal deficit widening to 28-year high In the annual budget presentation on 26 February, the government presented spending plans which sees the budget deficit ballooning to... -
Mexico: Banxico slashes key rate and unveils liquidity measures in March to combat coronavirus impact In a surprise out-of-cycle meeting on 20 March, the Governing Board of the Bank of Mexico (Banxico) decided to slash... -
Mexico: GDP shrinks in Q4 2019 on weak domestic and external demand Expenditure-based national accounts released by the Statistical Institute (INEGI) on 20 March confirmed that output fell 0.5% in year-on-year, unadjusted... -
Romania: NBR cuts rates in emergency meeting in March; points to QE program In an emergency meeting held on 20 March which took market analysts entirely by surprise, the National Bank of Romania... -
Thailand: Bank of Thailand lowers policy rate in emergency meeting On 20 March, the Monetary Policy Committee of the Bank of Thailand (BoT) held an emergency meeting and opted to... -
Panama: Economic activity inches up in January The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) rose 2.7% year-on-year in January, accelerating from the... -
Ukraine: Growth falls to near four-year low in Q4 2019 GDP growth fell to 1.5% year-on-year (yoy) in the fourth quarter of last year (Q3: +4.1% yoy), marking the weakest... -
Russia: Plunging ruble prompts Central Bank to pause despite looming economic downturn At its 20 March meeting, the Board of Directors of the Central Bank of the Russian Federation (CBR) kept the... -
Luxembourg: Growth hits one-and-a-half-year high in Q4 2019 Growth accelerated to 3.1% year-on-year in the fourth quarter of 2019, up from the third quarter’s downwardly revised 2.8% expansion...