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Blog Post
February 24, 2022
Last week, the central bank of Chile became the 9th member of the Latin American Reserve Fund (known by its Spanish acronym, FLAR), Latin America’s regional lender of last resort. This is great news for the pursuit of financial and economic stability in the region. Here is why.
Blog Post
February 17, 2022
While Fitch had lowered Ghana’s rating in January, S&P opted to maintain its B-rating with a stable outlook pointing to Ghana’s solid growth prospects over the coming years. These divergent actions—and strong market reactions—are a reminder of the tremendous weight that investors put into assess...
Blog Post
February 15, 2022
After it’s cancellation in 2020, the European Union (EU)-African Union (AU) Summit is finally scheduled to begin on February 17th, 2022. But much has changed in the last two years. The COVID-19 pandemic still lingers and there is a staggering need for a sustainable post-pandemic recovery plan in Afr...
Blog Post
February 10, 2022
Climate and trade will be major issues at the sixth European Union (EU) – Africa Union (AU) summit on 17-18th February. One item on the agenda is the EU’s new proposal to apply a carbon border adjustment mechanism (CBAM) on imports.The proposal is designed to lower carbon emissions globally, but at ...
Blog Post
February 10, 2022
The EU-AU summit is an important moment where the European Union could announce an ambitious plan to recycle its Special Drawing Rights which our analysis shows there is plenty of room to do. While some EU countries have been at the forefront of advocating for recycling, as a group the EU membe...