Eurostat’s data shows a 4.3% Eurozone inflation rate for September, the lowest since October 2021. Factset had projected a 4.5% rate for the same month. In August, Eurostat recorded a 5.2% year-on-year inflation rate. The food sector, including tobacco and alcohol, contributed the most. It saw an 8.8% rise in September, a decrease from 9.7% […]
Related Posts
East Africa Adjusts Grain Trade Policies Amidst Global Shifts
Kenya and Tanzania, key players in grain commerce, have recently revised their import and export policies. These changes aim to protect local farmers and manage food prices. Kenya has stopped grain imports, while Tanzania has limited grain exports. Kenya’s President announced a halt to wheat and maize imports. This step intends to support local agriculture […]
Opinion: Jeddah talks’ useful lessons for Latin America – China relations
(Opinion) A conundrum facing Latin America is how to forge mutually beneficial relations with China without alienating countries that are concerned about China’s rise. China’s participation in the weekend talks in Jeddah to help resolve the conflict in Ukraine provides useful lessons. In June, China declined an invitation to attend similar talks in Copenhagen. This […]
Fitch improves Brazil’s credit rating for the first time since 2018
Credit rating agency Fitch has upgraded Brazil’s long-term credit rating from BB- to BB due to better-than-expected fiscal performance and policy reforms. The GDP growth forecast for 2023 has also been revised upwards from 0.7% to 2.3%. This is the first such adjustment since 2018, acknowledging the progress made in addressing economic challenges despite political […]