International macro information weekly

Economics

The rise of logistics prices has an impact on international trade

The revised final value of US economic growth in the third quarter was 2.3%

The Central Bank of Russia raised the benchmark interest rate to 8.5%, which promoted the change of investment structure

The National Minimum Wage Commission of South Africa proposed to raise the minimum wage in 2022, and Eskom split the transmission sector according to the restructuring plan

Turkish President Recep Tayyip Erdogan: will not curb inflation by raising interest rates

The UAE central bank will extend its economic support plan until June next year

Iran’s plan to support the capital market was approved, and steel production decreased by 10% in the first August of fiscal year 2021

Vietnam’s economy faces many challenges in 2022

The South Korean government predicts that the economic growth rate of South Korea in 2021 and 2022 will be 4% and 3.1% respectively

finance

Turkish finance minister: investors who bet that the lira has been falling have paid the price

The proportion of Indonesian government debt to GDP is the lowest in Southeast Asia

The Japanese government’s initial budget for fiscal year 2022 reached a record high

The IMF acknowledged that its $57 billion aid plan for Argentina was difficult to succeed

Politics

The US vice president said he was ready to impose unprecedented sanctions on Russia on the situation in Ukraine

Pakistan will adopt its first national security policy in history

Balance of payments

Oil demand will reach a record high in 2022-23, and coal demand is expected to reach a new high in 2022

From January to October, the foreign trade of the Eurasian Economic Union increased by 33.5% year-on-year, and the mutual trade increased by 31.2% year-on-year

The US supply chain crisis is difficult to ease in the short term

Russia’s Shenzhen Agricultural Products Group Co.Ltd(000061) output and export volume are expected to achieve double growth in 2022

Iran’s exports to OECD member countries reached US $10.5 billion in eight months, and its non oil trade with neighboring countries reached US $33 billion

Iraq’s share of production in January next year will exceed 4.2 million barrels. Lukoil plans to develop the eredu oilfield

ESG

G7 issued a joint statement: Omicron spread is the biggest threat to global public health

In the next five years, 20000 MW Cecep Solar Energy Co.Ltd(000591) will be added in northeast Africa

The South African health products Regulatory Authority approved the booster vaccination of Johnson & Johnson covid-19 vaccine

OECD: Turkey is one of the poorest countries for the elderly

Severe floods have occurred in many places in Malaysia, and the preliminary estimated loss is more than rm300 million

 

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