The Meridian

Global South · Live

Africa  Central banks from South Africa to Nigeria signal rate cuts as inflation finally cools across key economies. Africa  Uganda reports easing price pressures and firmer business activity, reducing the need for aggressive tightening. Latin America  Washington’s rollback of food tariffs offers coffee, banana and beef exporters from Mexico to Brazil a modest lift. Latin America  Peru targets record farm exports as new US preferences cover dozens of staple products. Indian Ocean  Mauritius growth hovers near 3%, with tourism buoyant but construction and manufacturing still subdued. Indian Ocean  Sri Lanka’s inflation remains close to 2%, a sharp reversal from the crisis-era surge. Asia  Foreign investors turn net buyers of Asian bonds again as prospects stabilise from India to Thailand. Asia  The IMF still expects Asia–Pacific to outgrow other regions, even as momentum cools into 2026. BRICS  The Rio 2025 summit leans further into local-currency trade and alternative payment rails. BRICS  An expanded BRICS bloc pulls new members from the Middle East and Africa, reshaping South–South alignments. Africa  Central banks from South Africa to Nigeria signal rate cuts as inflation finally cools across key economies. Latin America  Washington’s rollback of food tariffs offers coffee, banana and beef exporters from Mexico to Brazil a modest lift. Indian Ocean  Mauritius growth hovers near 3%, with tourism buoyant but construction and manufacturing still subdued. Asia  Foreign investors turn net buyers of Asian bonds again as prospects stabilise from India to Thailand. BRICS  The Rio 2025 summit leans further into local-currency trade and alternative payment rails.