Core Insights - The meeting between the government of São Paulo and the Social Consultation Council focused on the main directions of the 2026 national budget, economic conditions, and issues affecting workers' interests [2] Economic Growth Projections - The economic growth rate for 2024 is projected at 1.1%, with an acceleration to approximately 2.9% in 2025, and further improvement to about 4.7% in 2026 [2] Inflation Trends - The annual inflation rate for October 2025 is estimated to be around 12.1%, indicating a high but declining trend in inflation [2] Wage Adjustments and Labor Issues - The meeting highlighted the issue of wage adjustments, particularly noting that the private sector has not made any wage adjustments since 2016, which has significantly impacted workers' purchasing power [2] - The review of the minimum wage system was identified as an important topic for future budget discussions, especially in light of inflation and cost of living pressures [2]

特朗普表示，他选择的美联储主席有望刺激经济增长率达15%，这是一个极其乐观的目标，但也凸显出 凯文·沃什若获得确认将面临的压力。特朗普在接受福克斯商业频道采访时表示，沃什是他上次遴选美 联储主席时的"第二人选"，并称选择杰罗姆·鲍威尔是一个巨大的错误。"如果沃什能把他有能力胜任的 工作做好，那么我们可以增长15%，我认为还会更高。"特朗普在周一播出的一段视频中对主持人Larry Kudlow表示，"我认为他会非常出色，他是一个非常优秀的人。"Larry Kudlow曾在特朗普首个任期担任 高级助理。 来源：滚动播报 ...

Core Insights - The Prime Minister of Kyrgyzstan, Kasymaliev, announced that the GDP is expected to reach 1.8 trillion som (approximately 20.69 billion USD) by 2025, with an economic growth rate exceeding 10% [1] - The national budget has surpassed 1 trillion som (approximately 11.5 billion USD) for the first time in history, with a budget surplus of 34.3 billion som (approximately 3.9 million USD) [1] - There has been a structural change in fiscal spending, with expenditures for economic development surpassing those for social sectors for the first time [1] - A total of 341 infrastructure projects have been put into operation during the reporting period [1]

Group 1 - The World Bank forecasts Malaysia's economic growth rate to be 3.9% in 2026 [1] - The estimated economic growth rate for Malaysia this year is 4.2%, but a slowdown is expected next year due to declining growth in most economic sectors, excluding tourism [1] - The World Bank predicts that Malaysia's inflation rate will reach 4.2% in 2026, and the fiscal deficit is expected to widen to 13% of GDP [1]

Core Viewpoint - The Bank of Korea has decided to maintain the benchmark interest rate at 2.50%, aligning with market expectations and reflecting a cautious approach to monetary policy amid economic uncertainties [2][3]. Group 1: Economic Growth Projections - The Bank of Korea forecasts a GDP growth rate of 1.0% for this year and 1.8% for next year, with domestic demand expected to recover primarily through consumption [7][9]. - Recent surveys indicate an upward revision of growth forecasts, with expectations for this year's growth increasing from 0.9% to 1.0% and next year's from 1.6% to between 1.8% and 1.9% [7][9]. Group 2: Monetary Policy Considerations - The decision to keep the interest rate unchanged is influenced by rising inflation, ongoing economic improvements driven by consumption and exports, and the need to assess domestic and international policy conditions [7][9]. - The Bank of Korea's cautious stance on further monetary easing is attributed to high household debt levels, risks in the real estate market, and recent signs of rising inflation [10]. Group 3: Financial Stability Risks - The monetary policy committee has highlighted the need to be vigilant regarding risks associated with housing prices, household debt, and increased volatility in exchange rates [9][10]. - The depreciation of the Korean won against the US dollar has raised concerns, with local funds increasing overseas investments, potentially triggering actions from the National Pension Service [10].

Core Points - The Algerian government is presenting the 2026 Finance Bill amid a gradual economic recovery, attributed to ongoing reforms and efforts across various sectors [1] - The Finance Minister forecasts an economic growth rate of 4.1% for 2026, increasing to 4.4% in 2027 and further to 4.5% in 2028, considering both domestic and international economic conditions [1] Economic Outlook - The 2026 Finance Bill is positioned within the context of Algeria's economic recovery, emphasizing the government's commitment to encouraging investment and economic diversification [1] - The anticipated growth rates reflect expectations for performance in non-hydrocarbon sectors, indicating a shift in focus for the Algerian economy [1]

Core Insights - Taiwan's Consumer Price Index (CPI) increased by 1.48% year-on-year in October, with pork prices rising by 9.07% due to reduced supply from African swine fever and hot weather [1][1][1] - The average CPI from January to October this year grew by 1.74% compared to the same period last year, with goods increasing by 1.34% and services by 2.12% [1][1][1] - Taiwan's Economic Research Institute predicts a gradual decline in inflation, estimating a CPI growth rate of approximately 1.66% for 2026 [1][1][1] Price Changes - Prices for eggs, grains and their products, and dining out increased by 6.69%, 3.88%, and 3.56% year-on-year, respectively [1][1][1] - Housing costs saw a year-on-year increase in rent by 2.14% and electricity fees by 5.24% [1][1][1] - In the entertainment and transportation sectors, costs for tour packages, hotel accommodations, train tickets, and vehicle parts and maintenance also rose [1][1][1] Economic Growth Forecast - The Economic Research Institute has significantly revised the economic growth rate for Taiwan in 2025 to 5.94%, driven by strong exports of artificial intelligence products [1][1][1] - The forecast for economic growth in 2026 is set at 2.6% [1][1][1]

Core Insights - The Mauritanian government has adopted a "budget-project" approach for fiscal management, enhancing transparency and accountability in budget execution [1] - The 2026 fiscal revenue is projected to reach 128.79 billion Ouguiya, a 10.11% increase from the revised 2025 budget of 116.96 billion Ouguiya [1] - Fiscal expenditure is expected to be 132.18 billion Ouguiya, reflecting a 10.96% increase from 119.12 billion Ouguiya in 2025 [1] - The national economic growth rate for 2026 is anticipated to be 5.1%, up from 4.1% in 2025, driven by increased natural gas production and investments in infrastructure and social projects [1] - Inflation is projected to be around 2% [1] - The government plans to allocate approximately 7 billion Ouguiya for social development projects, including urban development in Nouakchott, medical equipment procurement, employment support, and improving teacher housing [1] - The government is addressing rising prices by promoting local production, achieving self-sufficiency in rice, and significantly increasing vegetable cultivation [1]

Group 1 - Thailand's foreign tourist arrivals from January 1 to October 26 decreased by 7.25% compared to the same period last year, totaling 26.25 million visitors [1] - Malaysia and China are the largest sources of tourists, with 3.8 million and 3.72 million visitors respectively [1] - The Bank of Thailand revised its forecast for foreign tourist arrivals in 2023 from 35 million to 33 million, down from nearly 40 million in 2019 before the pandemic [1] Group 2 - Thailand's household debt ratio reached 86.8% of GDP as of June, one of the highest in Asia, with total debt amounting to 16.3 trillion THB (approximately 497.71 billion USD) [2] - The Bank of Thailand predicts a 2.2% economic growth rate for this year, with projections of 2.5% in 2025 and 1.6% in 2026 [2] - The government plans to allocate 10 billion THB (approximately 305.34 million USD) to purchase non-performing loans as part of its economic stimulus plan [1]

Core Insights - The International Monetary Fund (IMF) projects Zambia's GDP growth rate to be 5.8% in 2025 and 6.4% in 2026 [1] - Zambia's inflation rate peaked at approximately 24% in 2021, with a significant decrease expected to 12.3% by October 2025, and is estimated to fall to single digits in 2026 [1] Economic Forecast - GDP growth rate for Zambia is forecasted at 5.8% in 2025 [1] - GDP growth rate is expected to increase to 6.4% in 2026 [1] - Inflation rate peaked at around 24% in 2021 [1] - Inflation rate projected to decline to 12.3% by October 2025 [1] - Inflation rate is estimated to drop to single digits in 2026 [1]