Author: Editor
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April 2025
The BNP does not support most of the national reforms set out by the interim government and its failure to provide an election timeline. The IMF has once again decreased its GDP growth forecast for Bangladesh for the current fiscal year, citing structural risks and external pressures. The central bank governor has said that poorly…
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Argentina Macro Brief: April 2025
Argentina is turning the page. Currency controls are out, the peso is floating and inflation is finally easing. The central bank has started cutting rates, IMF cash is flowing and reserves are building. Overseas card use is back, though capital controls on businesses remain – for now. Early moves toward digital finance hint at deeper…
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Indonesia Macro Brief: April 2025
Unemployment continues to fall across Indonesia, although the vast majority of employment is both informal and focused within primary industries. The introduction of GR8/2025, a revised Export Earnings Rule from GR36/2023 is expected to boost FOREX reserves by circa USD100Bn pa, but requires exporters of a wide range of primary industry products to retain 100%…
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April 2025
Since last month, we have gone from a public rejection by Iran’s Supreme Leader of a US offer to talk, to a first indirect meeting of envoys in Oman. Trump aims to resolve the nuclear situation -and more- by June and will ratchet up the pressure between now and then. PoliticalTalks announced, divisions with Israel.……
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April 2025
Since last month, we have gone from a public rejection by Iran’s Supreme Leader of a US offer to talk, to a first indirect meeting of envoys in Oman. Trump aims to resolve the nuclear situation -and more- by June and will ratchet up the pressure between now and then. Talks announced, divisions with Israel.……
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China Macro Brief: April 2025
(Urban) unemployment remains roughly steady across China, while concerted efforts to foster growth in emerging industries aim to generate employment opportunities to replace those in industries experiencing contraction. Geopolitical tensions, and a careful plan to stabilise the economy against the impact of external shocks, see Beijing and the PBOC focusing on attracting foreign investment and…
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Brazil Macro Brief: April 2025
Stubborn inflation has prompted not one but two 100bps interest rate rises in the year so far, with the base rate now standing at its highest level since 2016 at 14.25%. The BCB is moving to align the Brazilian financial landscape with international standards with updated methodology and oversight requirements and proposals.… Read the rest
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April 2025
Internationally, Egypt’s role as a regional power broker remains in the spotlight. President Sisi continues his efforts to mediate a ceasefire in Gaza. He is doing this while he navigates the increasingly complex dynamics of international relations with the US, EU and other powers. Simultaneously, Egypt is experiencing resilience in its growth, despite external pressures such as the impact of President Trump’s trade tariffs and ever rising population numbers. Sisi’s………
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April 2025
Internationally, Egypt’s role as a regional power broker remains in the spotlight. President Sisi continues his efforts to mediate a ceasefire in Gaza. He is doing this while he navigates the increasingly complex dynamics of international relations with the US, EU and other powers. Simultaneously, Egypt is experiencing resilience in its growth, despite external pressures such as the impact of President Trump’s trade tariffs and ever rising population numbers. ……
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Taiwan Macro Brief: April 2025
The financial landscape in Taiwan has remained stable over the past month. The Central Bank has maintained its monetary policy stance and continued to monitor credit markets and economic indicators. However, we have observed some key developments have shaped the economic outlook, including interest rate decisions, exchange rate trends, real estate lending controls and employment…