In the face of the growing coronavirus pandemic, the government raised USD 2.5 billion in global debt markets on 26...
Latest Global Economic News
-
Panama: Government announces fiscal response to coronavirus pandemic fallout -
Argentina: Government unveils debt restructuring proposal amid coronavirus crisis Following the government’s decision, in early April, to unilaterally postpone payments on USD 10 billion of foreign currency debt governed... -
Brazil: Government announces war budget to combat coronavirus economic fallout; investors on edge over burdensome debt load In early April, the Brazilian government announced it would create a “war budget” to tackle the domestic economic fallout from... -
United Kingdom: Labor market cools slightly before lockdown; more recent data paints grim picture According to the ONS, in December–February the unemployment rate ticked up to 4.0% and regular pay growth (excluding bonuses) ebbed... -
Ukraine: Inflation falls to over six-year low in March Consumer prices rose 0.8% month-on-month in March, following February’s 0.3% fall. Higher prices for food, clothing and footwear, and health... -
Mexico: Banxico cuts key rate and unveils additional liquidity support measures in second emergency meeting in April In yet another surprise meeting on 21 April, the Governing Board of the Bank of Mexico (Banxico) unanimously decided to... -
Chile: Government unveils ambitious stimulus to contain the impact of Covid-19 On 19 March and 8 April, the government announced measures to combat the economic impact of the Covid-19 crisis totaling... -
New Zealand: Inflation at over eight-year high in Q1 Consumer prices increased at a one-and-a-half-year high rate of 0.8% in Q1 2020 over the previous quarter, up from Q4’s... -
Argentina: Government approves underwhelming stimulus package against coronavirus blow Amid a worsening economic environment due to the outbreak of the coronavirus pandemic and containment measures to contain its spread,... -
Japan: Exports slump in March as external demand shrivels Yen-denominated merchandise exports dropped 11.7% in year-on-year terms in March, after falling 1.0% in February, largely due to lower machinery...