Carli Jeen/Unsplash IMF COUNTRY FOCUS September 21, 2022/IMF By Yorbol Yakshilikov Remittances—the money sent from citizens working abroad to families back home—are a crucial source of income in Central America, Panama, and the Dominican Republic (CAPDR) as well as Mexico. Despite an expected decline at the onset of the pandemic, remittances […]

September 21, 2022/CSL Research The Nigerian 2022 fiscal budget suffers further shock as crude oil production contracted to an all-time low of 0.972mbpd in August 2022. Based on data from the National Upstream Petroleum Regulatory Commission (NUPRC), crude oil production fell m/m by 11.47% to 0.972mbpd in August from 1.08mbpd […]

September 20, 2022/OilPrice.com By Tom Kool Crude prices have been weighed down by a strong dollar and the anticipation of large interest rate hike, largely ignoring OPEC’s underproduction and the reopening of Chinese megacities Chart of the Week Freight Is the Oil Market’s New Achilles Heel – The major shifts […]