Kyrgyzstan’s Digital Som Receives Legal Status as President Signs CBDC Law
Kyrgyzstan's President Sadyr Zhaparov has enacted a law granting legal status to the digital som, paving the way for a...
economics
Fitch Ratings Projects Nigeria’s External Debt Service to Exceed $5 Billion by 2025
Fitch Ratings projects that Nigeria's external debt service will increase to $5.2 billion in 2025, significantly rising from $1.07 billion...
Argentina’s Peso Decline Following Eased Currency Controls and IMF Bailout Pursuit
Argentina's peso fell over 11% against the US dollar after Javier Milei's government eased currency controls in pursuit of a...
Argentina Implements Floating Exchange Rate Amid Economic Uncertainty
Argentine President Javier Milei’s recent decision to lift the exchange rate cap aims to stabilize the economy and improve access...
Nigeria’s Dramatic Rise in Debt Servicing to World Bank and IMF in 2024
Nigeria's debt servicing to the World Bank and IMF reached $2.32 billion in 2024, up from $998.92 million in 2023....
Argentina’s Troubled Relationship with the IMF: A Historical Overview
Argentina's history with the IMF is marked by multiple loans totaling $177 billion, including a new $20 billion program aimed...
U.S. Tariff Reprieve Provides Nigeria Economic Breathing Room Amid Trade Tensions
Nigeria enjoys a temporary 10% tariff reprieve from the U.S., excluding oil exports. This decision comes amidst escalating U.S.-China trade...
Argentina Dismantles Currency Controls Ahead of IMF Agreement Finalization
Argentina is abolishing key currency controls and adjusting the peso's value as it finalizes a $20 billion IMF deal. The...
Ecuador Election: Candidates Engage Voters Amidst Political Dynamics
Ecuador's election is drawing attention due to its complex political landscape, with candidates campaigning through advertisements. Voter engagement is crucial,...
Argentina Prepares for Strike Amid Economic Turmoil and IMF Loan Anticipation
Argentina is set for a 24-hour general strike in response to anti-austerity protests as it awaits an IMF loan. President...
