EM Meta-Forecast: Q2 2025
Emerging markets got off to a strong start this year but trade volatility will have a profound impact on their prospects for the rest of 2025
Latest news (Page 18)
Russia changes tax policies to counter drop in oil revenue
Moscow has moved to change its process for taxing oil companies as steep discounts between various price levels have eroded
Lula’s team struggles to put forward credible economic plan
A meeting of the leading economic policy figures in Brazil this week highlighted President Lula de Silva’s difficulty in
Ukraine clinches IMF package to protect its battered economy
The IMF finalized a $15.6 billion loan, pending board approval, providing a financial lifeline for the battered Ukrainian economy.
Orban clashes with Hungary’s central bank
Hungarian Prime Minister Viktor Orban has escalated a standoff with the country’s central bank with a decree constraining its
Oil minister resignation suggests a broader anti-corruption purge in Venezuela
Venezuela’s powerful oil minister Tareck El Aissami resigned after several high-level executives of state-owned oil company PDVSA were arrested
Corruption and impeachment disrupt regional executives across Latin America
As the Ecuadorian constitutional court approved impeachment proceedings against President Guillermo Lasso, the Peruvian congress tabled a motion to impeach
Brazil inks deal to conduct Chinese trade in yuan
China and Brazil have agreed to conduct their trade in their own currencies, moving away from the US dollar, AFP
Nigeria gets World Bank funding ahead of subsidy removal
Nigeria secured $800 million from the World Bank as it prepares to eliminate a subsidy on fuel. The country’s
Sahel countries crack down on media
A spate of coups in Africa’s Sahel region has prevented journalists from accurately covering the area’s many crises,
Malaysia pursues Asian Monetary Fund
Malaysia is courting China to help create an Asian Monetary Fund that would rival the IMF and reduce dependence on
Saudi Arabia and Iran hold high-level meeting in China
After agreeing to a deal brokered by China to explore restoring diplomatic ties, Saudi Arabia and Iran have taken a
Ukraine and Poland strengthen an emerging ‘special relationship’ despite commercial concerns
Poland and Ukraine are forging a closer alliance, Radio Free Europe reports. The relationship was on full display this week