🌍 Frontier Markets News, July 12th 2025
A weekly review of key news from global growth markets
What We’re Reading
Strong commodity markets help fuel Ghana’s economic recovery (The Africa Report)
EU boosts aid to Chad and Sudan’s Darfur as violence displaces thousands (Sudan Tribune)
Morocco to build data center powered by renewable energy (Reuters)
BP and Shell sign Libya deals as oil companies accelerate return (FT)
Tensions with UAE, France, Russia and Israel buffet Algeria’s regime (FT)
US pushes more African countries to accept deported migrants (WSJ)
African countries’ responses to Trump’s tariffs diverge (Bloomberg)
Bangladesh braces for higher US tariffs (Nikkei)
Vietnam’s US trade surplus grows to $62bn in first half of 2025 (Nikkei)
Indonesia’s big bet on nickel sours as global prices tumble (FT)
US energy giants set to sign deals worth $34bn with Indonesia (Oilprice.com)
Indonesia faces growing exodus of skilled talent (Nikkei)
Philippine tax cuts spur hope for more IPOs in sluggish market (Nikkei)
Thailand strikes at Cambodia with raids on tycoon’s properties (Nikkei)
US ‘tariff wall’ takes shape around Southeast Asia’s factories (FT)
Oman’s default risk hits record low after Moody’s upgrade to investment grade (Bloomberg)
Lebanon’s president says no interest in pursuing normalization with Israel at present (Times of Israel)
Saudi Arabia to allow foreign property ownership in Riyadh and Jeddah (Arab News)
Saudi Arabia exceeds oil output quota by 700,000 bpd (Bloomberg)
Iran expels half a million Afghans (CNN)
Iran tells IAEA to end ‘double standards’ before nuclear talks can resume (Al Jazeera)
Yemen’s Houthis sink two ships in Red Sea (BBC)
UK foreign secretary visits Syria, renewing ties after 14 years of conflict (AP)
Romania to build Israel-style ‘Iron Dome’ (Newsweek)
Romania sells $5.6bn in foreign bonds after austerity plan (Bloomberg)
Romania, Moldova and Ukraine forge closer links in Russia’s shadow (BalkanInsight)
Russia’s asset seizures from domestic firms accelerates (Reuters)
EU will keep €18bn frozen for Hungary after ‘no progress’ on rule of law concerns (Euronews)
Turkish court tries to block Elon Musk’s AI platform for ‘insulting leaders’ (BalkanInsight)
Turkey’s Erdoğan makes high-stakes gamble to gain Kurdish support (Politico)
Colombia hopes new central bank payment network will reduce cash use (Bloomberg)
Fears grow over hyperinflation in Venezuela (Miami Herald)
Bolivia’s ppposition set to gain from ruling party’s bitter internal fight (World Politics Review)
Milei’s popularity holds strong despite Argentines’ discontent (Latin American Risk Report)
Chile on edge after US tariff bombshell (Reuters)
BRICS demand wealthy nations fund global climate transition (Reuters)
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