Brazil and Argentina revive common currency plan
Brazil and Argentina have agreed to discuss creating a common currency, reviving a goal held for decades by left-wing leaders
Emerging markets attract $1.1 billion a day as sentiment shifts
Investors are pouring money into emerging market assets at a near-record pace as currency resilience and China’s reopening have
EU alternative to Belt and Road Initiative gains momentum
The EU has lined up 70 projects in its first concrete steps to counter Chinese projects through the Global Gateway
Lebanon devalues official exchange rate by 90%Â
Lebanon devalued its currency by 90% this week in an effort to fulfill promises made as part of a deal
Zelensky cracks down on corruption
Ukraine’s President Volodymyr Zelensky oversaw the departure of 15 officials this week as allegations of graft grew, threatening to
Romania outpaces struggling neighbors on regional reshoring, stable EU relations
Romania is quietly outpacing the economies of stagnating neighbors as Bucharest benefits from reshoring, EU funding and a strong currency
As major powers abandon Haiti, a coalition of the willing emerges across Latin America
Jamaica and El Salvador have offered to send support to Haiti to bolster the nation’s struggling national policy. The
Estonia and Latvia expel Russian ambassadors as uneasy ties rupture
Tensions between Russia and Baltic EU member countries Estonia and Latvia have escalated following Moscow’s decision to expel Estonia’
Central Europe poised to dodge recession as regional economies show resilience
The economies of Central and Eastern Europe have proven more resilient to shocks from the Russia-Ukraine conflict than initially expected,
Emerging Europe Weekly, 2023.2.4
By FMN Team Russia and Iran integrate banking systems to avoid Western sanctions. Iran and Russia have connected their interbank
IMF raises outlook as global economy looks to avoid recession
The IMF upgraded its outlook for the year on Monday, saying that it still expects the global economy to slow,
Growth stalls in Africa’s largest economiesÂ
Domestic political and economic headwinds are expected to threaten growth in South Africa and Nigeria this year, according to a