Brazil • Fiscal
Brasília revives fiscal bills to patch 2026 budget
The finance ministry is resubmitting key revenue and spending measures to stabilise the medium-term framework and reassure markets.
Updated • October 2025 — THE MERIDIAN
Politics & Economy — Live Signals
Policy: Indonesia eyes tax breaks for green industries in 2026 budget plan.|
Politics: Argentina runoff campaign heats up with peso volatility in spotlight.|
Trade: India explores new grain export corridors via Middle East partners.|
Markets: South Africa equities dip as miners react to softer gold prices.|
FX: Egyptian pound slides further as dollar demand pressures reserves.|
Rates: Bank of Thailand signals hold as inflation outlook softens.|
Energy: Angola boosts refinery output to cut costly fuel imports.|
Commodities: Malaysia palm oil futures dip on weak India festival demand.|
Fiscal: Brazil pledges tighter 2026 budget to calm debt sustainability fears.|
Debt: Ghana restructures domestic bonds again amid IMF programme review.|
Reform: Mexico pushes pension reform to expand informal sector coverage.|
Investment: Philippines sees record FDI inflows from South Korea and Japan.
|Policy: Indonesia eyes tax breaks for green industries in 2026 budget plan.
|Politics: Argentina runoff campaign heats up with peso volatility in spotlight.
From Politics & Economy
UAE — The Offshore of the Future•
Seychelles — The Republic of Trust•
Kenya — The African Fintech State•
Sri Lanka — The Debt Phoenix•
Maldives — The Archipelago of Reform•
BRICS Rising: The New Center of Gravity•
BRICS and the De-Dollarization Drive•
BRICS Expansion and the Commodity Axis
•UAE — The Offshore of the Future
•Seychelles — The Republic of Trust
New & Featured
Capital & Resources
The Mirage of Green Capital: When ESG Meets Extraction
How ‘sustainable’ finance collides with resource frontiers across the Global South.
Sovereign Debt
The Quiet Default: How the Global South’s Debt Is Being Restructured Off-Record
Behind-the-scenes deals, collateral traps, and the politics of balance-sheet repair.
Flows & Households
The Great Remittance Reversal
When migrant incomes retreat, FX cushions thin and consumption shifts.
Trade & Investment
Singapore Capital Eyes South African Foothold
Asia–Africa links deepen across logistics, finance and consumer sectors.
Markets
Latin America: Markets Reposition Amid Policy Fog
Flows rotate on shifting macro signals across rates, FX and commodities.
Fintech
Indonesia’s Xendit Expands into Latin America
South–South payment rails plug into new merchant demand.
External Accounts
Brazil’s Current Account Deficit Widens
A larger external gap raises FX sensitivity into year-end.
Monetary Policy
China Holds Lending Rates for Fifth Straight Month
Steady policy as growth cools — watch commodities and EM FX.
Finance & Regulation
UAE — The Offshore of the Future
Regulation as a competitive export.
Governance
Seychelles — The Republic of Trust
Transparency as industrial policy.
Fintech
Kenya — The African Fintech State
Mobile money as fiscal infrastructure.
Sovereign Risk
Sri Lanka — The Debt Phoenix
The hard path back from default.
Policy & Reform
Maldives — The Archipelago of Reform
A tourism giant seeks financial depth.
Markets & Geopolitics — More from our archive
States & Systems — More from our archive
The Meridian Brief — Politics & Economy
Argentina • Prices
Inflation eases to 2.1% in September
Disinflation continues under tight monetary policy, though subsidies and administered prices remain key risks into year-end.
Updated • October 2025 — THE MERIDIAN
Mexico • Monetary Policy
Banxico holds line, signals cautious path into Q4
The central bank maintains its hold as core inflation and wage pressures guide a data-dependent path for easing.
Updated • October 2025 — THE MERIDIAN
Chile • Metals
Copper outlook steadies as permitting reform advances
Streamlined licensing offers relief to miners, but grid limits and China demand keep prices volatile.
Updated • October 2025 — THE MERIDIAN
—
External debt amortisations • next 12 months
Region: LATAM • Horizon: 4Q forward
Refinancing needs, not rhetoric, set the policy tempo.
—
Remittances to LMICs • latest annual/quarterly
Coverage: Global South
Household buffers arrive via diaspora cash, not bank credit.
—
Copper export change • Chile (m/m or y/y)
Window: latest month
China demand + mine maintenance define fiscal room.
—
USD/ZAR intraday high • latest session
Driver: power outages + global risk
FX is the pressure valve when fundamentals tighten.
Updated • THE MERIDIAN Data Desk