Latin America’s economy is forecast to grow by 2.2% in 2025, a modest improvement from earlier projections of 2.1%, according to Moody’s Analytics.
Russian bank customers have continued to pull funds from their accounts, with another RUB17.7bn ($193mn) withdrawn as of August 15, according to new figures released by the Russian Central Bank.
Widening trade gap weighs on Moldova’s balance of payments and adds pressure to the current account deficit.
Vietnam is rapidly establishing itself as one of Southeast Asia’s most attractive destinations for foreign direct investment, supported by its favourable demographics, trade agreements, and investor-friendly reforms.
The projections follow a period of robust growth, driven by household consumption, investment and exports.