The Council of the European Union has adopted the final legislative act enabling the implementation of a €90 billion loan to Ukraine. The decision allows the European Commission to begin disbursements in Q2 2026, contingent on Ukraine's adherence to strict conditions such as the rule of law.
Δ Council approved final legislative act for €90 billion loan, enabling disbursements to commence.
European leaders approved a substantial financial aid package and new sanctions against Russia in response to the ongoing conflict in Ukraine.
The S&P Merval index fell by 2.32% to its lowest point since March, driven by global market volatility and domestic fiscal policy concerns. The country's risk premium increased by 3% to 555 basis points, indicating heightened investor caution. Key sectors such as banking and construction saw significant declines.
Δ Merval index reached new lows; risk premium increased.
The Buenos Aires Stock Exchange experienced a 2% decline in its Merval Index.
The UK's annual inflation rate remained at 3.0% in February 2026, marking the lowest level in 10 months, due to a decrease in petrol prices. However, recent geopolitical tensions could drive future inflation increases. Additionally, the unemployment rate rose to 5.2%, the highest in five years.
Δ Stable inflation rate; potential future inflation increase due to geopolitical tensions; rise in unemployment rate.
The UK's inflation rate increased to 3.2% in February 2026, driven by higher energy costs, according to the latest data from the Office for National Statistics.
The rising tensions between the US and Iran have led to an increase in global oil prices, potentially affecting Chile's electricity system costs and national economy. The Chilean government is actively monitoring these developments.
Δ Increased global oil prices due to US-Iran tensions impacting Chile's energy sector costs.
On March 24, 2026, Chile's Finance Minister announced modifications to the Fuel Price Stabilization Mechanism to mitigate the sudden rise in fuel prices, with additional government measures to ease economic impact on citizens.
ANSES has announced a 3.38% increase in pensions and family allowances for May 2026, following inflation data from March. The minimum pension will increase to $393,174.10, with an additional $70,000 bonus for those receiving the minimum benefit.
Δ New figures for pension and allowances increase announced.
ANSES announced a 3.4% increase in family-related allowances to be implemented in May 2023.
The Japanese yen appreciated significantly against the US dollar to 155.69, prompting market speculation about potential intervention by the Japanese authorities. Traders are on alert for further official actions to stabilize the currency.
Δ Significant appreciation of the yen, raising speculation of government intervention.
Japan's yen weakened to approximately 160 yen per dollar, prompting the Finance Minister to consider possible market intervention.
On May 3, 2026, Colombia raised gasoline prices by 400 pesos, prompting discussion on alternative transportation solutions.
The Central Bank of Brazil kept the Selic rate steady at 10.5% following its recent meeting.
The Ministry of Finance presented the preliminary budget for the fiscal year 2027, which includes increased public spending on infrastructure and social programs.
The BOJ decided to hold interest rates steady at 0.75% despite pressure from some members to raise it to 1%. It also revised growth and inflation projections for 2026, highlighting Middle East supply-side risks.
The Treasurer announced that inflation has risen to 3.4% and will significantly influence the federal budget planning.
The BBC has disclosed a comprehensive savings plan to reduce costs by £600 million, involving significant job cuts and operational reductions, notably affecting BBC News.
In the past 24 hours, PM Shehbaz Sharif has tasked authorities with formulating a strategy to stabilize electricity tariffs and promote energy efficiency through renewable projects.
President Prabowo Subianto announced the creation of a task force to reduce layoffs and improve worker welfare.
President Prabowo Subianto signed a new presidential regulation aimed at protecting online transportation drivers, ensuring they retain a larger share of their earnings.
A supplementary budget bill was passed by South Korea's National Assembly, which allocates additional funding towards public health and infrastructure projects.
The South Korean Ministry of Finance announced it would issue 3 trillion won in government bonds to finance infrastructure projects.
The Ministry of Economy and Finance announced a 10 trillion KRW supplementary budget to aid small businesses and low-income households affected by the economic downturn.
Saudi Arabia's sovereign fund decided to cut its financial backing for the LIV Golf tour, potentially impacting the funding structure for events hosted in South Australia.
The Brazilian government announced new plans to use increased petroleum revenues to provide tax relief.
The Argentine government secured $819 million in SDRs from the US for an obligatory interest payment to the IMF, due soon.
Lagos State announced a financial relief package of ₦50,000 for government employees for the month of May amidst increasing economic pressure.
The Central Statistical Office released data indicating that Poland's GDP grew by 3.5% in the first quarter of 2026.
Prosecutors released surveillance video from the Correspondents Dinner shooting. In a separate event, a stabbing occurred at a high school near Seattle, exacerbating concerns about domestic security.
A partial shutdown of the Department of Homeland Security occurred due to funding lapses.