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Colombia Peso Breaches COP 3,100 for First Time Since 2019, but Central Bank Holds Off Intervention
The Colombian peso hit its strongest level in over seven years this week, sinking below COP 3,100 per dollar as the Banc...
Colombia’s Incoming Government Inherits Fiscal Squeeze, 6% Inflation, and a Surging Peso
As Gustavo Petro prepares to take office, stubborn inflation above 6%, a fiscal deficit nearing 7.4% of GDP, and a peso ...
Bank of America: Severe El Niño Could Spike Colombia's Inflation by 1.8 pp
A new Bank of America model shows a severe El Niño could add 1.8 percentage points to Colombian inflation, driven by foo...
Colombia's Tax Break Cost Hits 8.9% of GDP as New Finance Chief Plans to Kill Reform
Colombia's tax expenditures—exemptions, deductions and special rates—have ballooned to an OECD-warned 8.9% of GDP. The i...
Investment Returns to Colombia's Economic Agenda as New Government Sets First 100-Day Tone
The incoming administration signals a shift toward fiscal discipline and regulatory clarity to attract capital into ener...
Big Mac Index Shows Colombian Peso as 4th Most Overvalued Currency
The Economist's latest ranking places the peso 28.7% above its fair value against the dollar, propelled by rapid appreci...
Bogotá's Culture Economy Nears 5% of GDP as Public-Private Deals Scale Events
At a forum, Bogotá's culture secretary said the sector is now among the city's top three economic drivers, with biennial...
Bank of Japan Keeps Rates at 1.0% as Dissenter Calls for Immediate Hike
The BOJ held its short-term rate steady in an 8-1 vote but signalled more tightening ahead, with board member Hajime Tak...
South Korea's Industrial Output Jumps 2.3% in June, Fastest Pace in Six Years on Auto and Chip Rebound
South Korea’s production index surged in June as car output rebounded from supply disruptions and chip production return...
RBI Set to Hold Rates Steady as Brent Retreats, Fed Stays Put
All 16 economists and treasurers polled expect no change in the August policy review. A sharp drop in crude prices and a...
AI Goods Trade Soars 40% as Global Commerce Defies Middle East Conflict
WTO data shows global merchandise trade grew 3.2% in Q1 2026, propelled by a 40%+ surge in AI-enabling goods that offset...
Milei Wants US-Style Government Shutdown for Deficits and a Central Bank ‘Monetary Handcuff’
Argentina’s president unveils a fiscal rule that would automatically paralyze non‑essential state services if the budget...
French Inflation Edges Up to 2.1% in July as Energy and Services Costs Bite
French consumer prices rose 2.1% year-on-year in July, up from 1.8% in June, driven by higher energy and services costs....
Ueda Flags Inflation Overshoot Risk, Says BOJ May Accelerate Rate Hikes
The Bank of Japan held rates at 1.0% but Governor Ueda warned underlying inflation could surpass the 2% target, citing o...
Medef Warns Renewal of French Corporate Surtax in 2027 Budget Would Hit Investment and Hiring
Patrick Martin, head of French employers’ group Medef, says extending the exceptional levy on large firms’ profits for a...
Russia’s Central Bank Cuts Key Rate to 14%, Slashes 2026 Growth Forecast
The Bank of Russia lowered its policy rate by 25 basis points to 14%, continuing a year-long easing cycle while downgrad...
Kenya’s Inflation Rebounds to 6.5% as Transport Costs Remain Stubborn
Higher transport and food costs pushed Kenya’s annual inflation up in July, reversing a brief June slowdown and keeping ...
Equatorial Guinea’s Oil Curse: Can Malabo De-risk an Economy in Steep Decline?
A rare government resignation over missed targets exposes the depth of Equatorial Guinea’s hydrocarbon-driven crisis, as...
Polish Inflation Rebounds as Fuel Prices Surge, Clouding Prospects for Interest Rate Cuts
A 15.8% year-on-year leap in fuel costs pushed Poland’s CPI back towards 3%, likely keeping the central bank on hold aft...
North Korea Posts Third Year of 3%-Plus Growth on Arms Exports to Russia
South Korean central bank data shows North Korea’s economy expanded 3.5% in 2025, fueled by weapon sales to Moscow, Chin...
Traders’ Triple Trial: Euro CPI, Brazil Fiscal and US Sentiment Barometer Converge
A packed Friday agenda delivers Eurozone inflation, Brazil’s public accounts and US consumer sentiment, each capable of ...
China's Factory Activity Unexpectedly Shrinks in July as Domestic Demand Flags
Both manufacturing and services PMIs slipped into contraction, missing forecasts and marking the first factory contracti...
Turkey’s June Trade Gap Swells 26.2% as Import Growth Outstrips Exports
Official data shows exports rose 21.7% to $24.9bn, but imports climbed 23% to $35.3bn, pushing the monthly deficit to $1...
China's Consumption Slump and Export Surge Fuel Trade Clash with the EU
As a 4.7% GDP growth masks a deepening divide between China's weak consumer spending and its booming export machine, the...
First Lessons From the Iran War and the Global Energy Shock
The conflict and the energy crisis it triggered are reshaping assumptions about energy security, market dynamics and the...
Russian Business Confidence Craters to Year’s Low as Logistics Crisis and Demand Slump Bite
The RSPP index dropped to 42.4 in July, signaling the sharpest deterioration in over a year. A fuel-driven logistics cru...
Russian Labor Ministry Names In-Demand Professions for Next Seven Years
Minister Anton Kotyakov identifies engineers, doctors, teachers and skilled workers as stable career paths through 2033,...
IMF Approves $1.8 Billion Disbursement for Egypt as Economy Shows Resilience
The IMF board completed Egypt's seventh review, bringing total disbursements to $7.3 billion. Strong GDP growth, falling...
Almost Half of Brazil’s Poorest Children Never Escape Low-Income Bracket, Study Shows
A new Atlas of Social Mobility finds 48% of Brazilians born into the bottom 25% of households remain there as adults, wh...
US GDP Headline Lags, but Underlying Demand Surged in Q2—At the Cost of Plummeting Savings
Final sales to domestic purchasers jumped 3.2% annualized, driven by resilient consumer spending and broad business inve...