International macro information weekly, issue 46, 2021

Headlines this week:

Economics

World Bank's 2021 debt transparency report for developing economies released

Us CPI rose sharply in November, the largest year-on-year increase in nearly 40 years

The Central Bank of Brazil raised its benchmark interest rate by 1.5 percentage points

Russia's inflation rate may exceed 8% in 2021. From January to October, the agricultural output value decreased by nearly 3% year-on-year

South Africa's economy contracted by 1.5% in the third quarter, and the IMF lowered its economic growth forecast for 2021

Vietnam faces increasing inflationary pressure

Saudi Arabia's banking net profit rose to US $9.67 billion in the third quarter, and the economy is expected to grow by 7% in 2022

Iran's GDP grew by 5.9% in the first half of the year, and industrial electricity prices will rise by 400%

finance

At the beginning of fiscal year 2022, the US federal budget deficit decreased year-on-year

Experts talk about the prospect of public-private pension market in Russia

Qatar's budget expenditure in 2022 reached US $56.13 billion, and the prospect of PPP market is conducive to the development of corporate bond market

Egyptian Ministry of Finance adjusts import tariffs on some products

Indonesia has achieved its tax target for the first time in a decade

Benefiting from soaring oil prices, Saudi Arabia is expected to achieve its first fiscal surplus in eight years in 2022

Iran's tax revenue of US $6.6 billion in the first eight months plans to levy a tax on currency trade

Politics

The G7 foreign minister's voice on the situation between Russia and Ukraine and the Iranian nuclear negotiations was refuted by Russia and Iran

Schultz was elected the new German Chancellor

The Republika Srpska took the first step towards separation. German media said it had won the support of Russia and the West threatened sanctions

Balance of payments

From January to September, the foreign trade volume of Eurasian Economic Union countries increased by 32.7% year-on-year, and the mutual trade volume increased by 32.5% year-on-year

The Philippine trade deficit expanded to a high level in recent three years

New foreign investment projects in Saudi Arabia rank first in Arab countries

ESG

The Eurasian Economic Union needs to formulate a green development agenda and develop a carbon regulatory system

South Africa plans to provide Pfizer vaccine booster from January next year

 

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