Brazil Denies Plan to Cap Interest Rates
Brazil’s finance minister denies any plan to cap interest rates ahead of the 4 November Selic decision at 13.75%. What...
November 2, 2026Section
Economy
Lula Allies Press Central Bank for Rate Cut
Allies of President Lula demand a lower Selic two days before Copom. The rate is 13.75%; markets price a hold...
November 2, 2026
North America Trade Deal Faces Yearly Review
The USMCA review left the pact in force to 2036 but not renewed, and the US now taxes about US$20...
November 2, 2026
Egypt Has No New Three-Day Holiday Planned
Egypt has announced no new three-day holiday. The October break is over, and the next official day off is Thursday,...
November 2, 2026
Nigeria Business Activity Eases to 55.7
The Stanbic IBTC Bank Nigeria PMI fell to 55.7 in October from 56.4, missing the 57.2 forecast. See what it...
November 2, 2026
Paraguay Truckers Protest Diesel Costs
Paraguay's interior truckers announced a peaceful work stoppage on Nov. 2, 2026, saying diesel is up more than 50% this...
November 2, 2026
Morocco Net Foreign Investment Jumps 58.4%
Morocco's net foreign direct investment rose 58.4% to about US$3.8 billion in nine months, the Office des Changes says.
November 2, 2026
IMF Reportedly Presses Kenya on Tax Base
The IMF has reportedly urged Kenya to widen its tax base, not raise rates, before December talks; no IMF statement...
November 2, 2026
Paraguay Guaraní Surge Hits Farm Exporters
A US dollar buys about 14% fewer Paraguay guaraníes than at the end of 2025, and the grain exporters' chamber...
November 2, 2026