{"id":26318,"date":"2025-08-18T16:23:23","date_gmt":"2025-08-18T14:23:23","guid":{"rendered":"https:\/\/taceconomics.com\/?p=26318"},"modified":"2026-04-28T12:23:25","modified_gmt":"2026-04-28T10:23:25","slug":"emerging-markets-risk-warning-aug-2025","status":"publish","type":"post","link":"https:\/\/taceconomics.com\/en\/emerging-markets-risk-warning-aug-2025\/","title":{"rendered":"Emerging Markets in August 2025: Rising Early Warning Signals"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"26318\" class=\"elementor elementor-26318\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3936f2de e-con-full e-flex e-con e-parent\" data-id=\"3936f2de\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fcd77cf e-con-full e-flex e-con e-child\" data-id=\"fcd77cf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7253d407 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"7253d407\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Emerging Markets in August 2025: Rising Early Warning Signals<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ffc341a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7ffc341a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9d37b8 elementor-widget elementor-widget-post-info\" data-id=\"d9d37b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-098b2f8 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/2025\/08\/18\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-calendar\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M12 192h424c6.6 0 12 5.4 12 12v260c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V204c0-6.6 5.4-12 12-12zm436-44v-36c0-26.5-21.5-48-48-48h-48V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H160V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H48C21.5 64 0 85.5 0 112v36c0 6.6 5.4 12 12 12h424c6.6 0 12-5.4 12-12z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>August 18, 2025<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-d3c01a0 elementor-inline-item\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-tags\" viewBox=\"0 0 640 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M497.941 225.941L286.059 14.059A48 48 0 0 0 252.118 0H48C21.49 0 0 21.49 0 48v204.118a48 48 0 0 0 14.059 33.941l211.882 211.882c18.744 18.745 49.136 18.746 67.882 0l204.118-204.118c18.745-18.745 18.745-49.137 0-67.882zM112 160c-26.51 0-48-21.49-48-48s21.49-48 48-48 48 21.49 48 48-21.49 48-48 48zm513.941 133.823L421.823 497.941c-18.745 18.745-49.137 18.745-67.882 0l-.36-.36L527.64 323.522c16.999-16.999 26.36-39.6 26.36-63.64s-9.362-46.641-26.36-63.64L331.397 0h48.721a48 48 0 0 1 33.941 14.059l211.882 211.882c18.745 18.745 18.745 49.137 0 67.882z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/category\/emerging-markets\/\" class=\"elementor-post-info__terms-list-item\">Emerging Markets<\/a>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9395f23 e-con-full e-flex e-con e-child\" data-id=\"9395f23\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;background_motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;background_motion_fx_scale_effect&quot;:&quot;yes&quot;,&quot;background_motion_fx_scale_range&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:{&quot;start&quot;:50,&quot;end&quot;:100}},&quot;background_motion_fx_scale_direction&quot;:&quot;out-in&quot;,&quot;background_motion_fx_scale_speed&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:4,&quot;sizes&quot;:[]},&quot;background_motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5a0edc5 elementor-widget elementor-widget-image\" data-id=\"5a0edc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"320\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/08\/Emerging-Markets-2-e1758019174764.png\" class=\"attachment-large size-large wp-image-26319\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/08\/Emerging-Markets-2-e1758019174764.png 600w, https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/08\/Emerging-Markets-2-e1758019174764-300x160.png 300w, https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/08\/Emerging-Markets-2-e1758019174764-18x10.png 18w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-eefa04b e-flex e-con-boxed e-con e-parent\" data-id=\"eefa04b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-faf90b5 elementor-widget elementor-widget-text-editor\" data-id=\"faf90b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>TAC ECONOMICS\u2019 August 2025 Monthly Comments highlight new vulnerabilities across several emerging markets, as weakening growth, restrictive trade measures, and geopolitical tensions reshape the global risk landscape.<\/strong><\/p>\n<p><strong>Key Takeaways<\/strong><\/p>\n<ul>\n<li><strong>New Early Warning Signals<\/strong> were activated for <strong>Bangladesh, Bolivia, Dominica, and Uruguay<\/strong>, pointing to a high probability of significant shocks.<\/li>\n<li><strong>Bangladesh, Bolivia, and Dominica<\/strong> face risks to <strong>economic activity<\/strong>, while <strong>Uruguay<\/strong> is exposed to <strong>exchange rate volatility<\/strong>.<\/li>\n<li>In contrast, <strong>Ethiopia\u2019s currency adjustment<\/strong> has alleviated previous exchange rate concerns, closing its Watch List Indication.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-53a3ac8 e-flex e-con-boxed e-con e-parent\" data-id=\"53a3ac8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5c6f8f5 elementor-widget elementor-widget-heading\" data-id=\"5c6f8f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our Methodology<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-847fa38 elementor-widget elementor-widget-text-editor\" data-id=\"847fa38\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>TAC ECONOMICS relies on a <strong>proprietary set of quantitative techniques<\/strong> to anticipate systemic shocks in emerging markets. At the core is a <strong>composite non-parametric data mining model<\/strong>, designed to detect three types of crises \u2014 <strong>exchange rate, cyclical, and payment\/transfer<\/strong> \u2014 across three time horizons (<strong>less than 1 year, 1\u20133 years, 3\u20135 years<\/strong>).<\/p>\n<p>The methodology combines the results of <strong>five independent models<\/strong>:<\/p>\n<ul>\n<li>A <strong>Crisis Signal (CS)<\/strong> is issued when four or five models converge, signaling a very high probability of a significant shock.<\/li>\n<li>A <strong>Watch List Indication (WLI)<\/strong> appears when three models align, highlighting strong vulnerabilities even if a full crisis is less certain.<\/li>\n<\/ul>\n<p>This systematic approach provides <strong>early warnings<\/strong> of heightened fragility, allowing clients to anticipate risks and adjust strategies well before crises materialize.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-21ecd67 e-flex e-con-boxed e-con e-parent\" data-id=\"21ecd67\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-42c0ca3 elementor-widget elementor-widget-heading\" data-id=\"42c0ca3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Country Insights<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f4601ef elementor-widget elementor-widget-heading\" data-id=\"f4601ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Bangladesh: Political Turmoil Fuels Economic Fragility<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0d9bae elementor-widget elementor-widget-text-editor\" data-id=\"c0d9bae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The ousting of Sheikh Hasina\u2019s government in August 2024, followed by constitutional reforms and upcoming elections in 2026, has deepened political uncertainty. Growth slowed to around <strong>4% in 2024\u20132025<\/strong> (from <strong>7% pre-2022<\/strong>), despite IMF support.<br \/>Added pressures come from <strong>U.S. tariffs (20%)<\/strong> on key exports and rising banking sector weaknesses, leaving Bangladesh vulnerable to cyclical shocks through at least <strong>2028<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8443d10 e-flex e-con-boxed e-con e-parent\" data-id=\"8443d10\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d8ee96f elementor-widget elementor-widget-heading\" data-id=\"d8ee96f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Bolivia: Unsustainable Policy Mix<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f4e2bec elementor-widget elementor-widget-text-editor\" data-id=\"f4e2bec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Bolivia remains on the <strong>Watch List for economic activity (2026\u20132030)<\/strong>. Weak growth, eroding foreign reserves (below <strong>2 months of imports<\/strong>), and a significant parallel currency depreciation undermine stability.<br \/>With inflation at <strong>25% (July 2025)<\/strong> and a rigid exchange-rate peg, the country faces the risk of a <strong>painful adjustment<\/strong> unless fiscal and monetary reforms are enacted.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-597e3ad e-flex e-con-boxed e-con e-parent\" data-id=\"597e3ad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dc2e21e elementor-widget elementor-widget-heading\" data-id=\"dc2e21e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Dominica: External Imbalances Deepen<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b4a794 elementor-widget elementor-widget-text-editor\" data-id=\"2b4a794\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Dominica is once again flagged for economic vulnerability (<strong>2025\u20132027<\/strong>). The island\u2019s <strong>-32% current account deficit (2024)<\/strong>, high external debt, and limited foreign reserves are compounded by tighter global financing and weaker capital inflows. Domestic demand is weakening, suggesting tough cyclical conditions ahead.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-57e4b3e e-flex e-con-boxed e-con e-parent\" data-id=\"57e4b3e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9350610 elementor-widget elementor-widget-heading\" data-id=\"9350610\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Uruguay: Exchange Rate Risks Ahead<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3b872e elementor-widget elementor-widget-text-editor\" data-id=\"b3b872e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>While Uruguay enjoys solid governance, its economy faces <strong>currency risk<\/strong> due to heavy reliance on commodity exports, past debt restructurings, and volatile capital flows (FDI outflows of <strong>USD -5.4bn in 2023<\/strong> and <strong>USD -2.5bn in 2024<\/strong>). The country\u2019s risk premium has climbed significantly, pointing to potential exchange rate instability through <strong>2028<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9058f6d e-flex e-con-boxed e-con e-parent\" data-id=\"9058f6d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8a46683 elementor-widget elementor-widget-heading\" data-id=\"8a46683\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ethiopia: Birr Devaluation Eases Pressures<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9004551 elementor-widget elementor-widget-text-editor\" data-id=\"9004551\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>After a near <strong>100% devaluation of the Birr in 2024<\/strong>, Ethiopia\u2019s currency is now considered more balanced. The adjustment removed the previous Watch List Indication on exchange rate, ending years of overvaluation concerns.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0a6d62a e-flex e-con-boxed e-con e-parent\" data-id=\"0a6d62a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-29963e5 elementor-widget elementor-widget-heading\" data-id=\"29963e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b2edc3 elementor-widget elementor-widget-text-editor\" data-id=\"3b2edc3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The August 2025 update underlines the <strong>increasingly uneven risk outlook across emerging markets<\/strong>. While some countries like Ethiopia have corrected structural imbalances, others \u2014 notably Bangladesh, Bolivia, Dominica, and Uruguay \u2014 face rising vulnerabilities.<\/p>\n<p>Businesses and investors operating in EMs must therefore prepare for <strong>greater volatility, policy uncertainty, and external shocks<\/strong> in the coming quarters.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7a3f619 e-flex e-con-boxed e-con e-parent\" data-id=\"7a3f619\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d7f8350 elementor-widget elementor-widget-text-editor\" data-id=\"d7f8350\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8fe5339 e-flex e-con-boxed e-con e-parent\" data-id=\"8fe5339\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-01bd532 elementor-widget elementor-widget-heading\" data-id=\"01bd532\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Latest posts<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c66e620 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"c66e620\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;3&quot;,&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-30139 post type-post status-publish format-standard has-post-thumbnail hentry category-emerging-markets\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/taceconomics.com\/en\/indonesia-economy-strong-fundamentals-rising-vulnerabilities\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"500\" height=\"267\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia-500x267.jpg\" class=\"attachment-medium size-medium wp-image-30141\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia-500x267.jpg 500w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia-18x10.jpg 18w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia.jpg 600w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h1 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/indonesia-economy-strong-fundamentals-rising-vulnerabilities\/\" >\n\t\t\t\tIndonesia: Strong Fundamentals Meet Rising Vulnerabilities\t\t\t<\/a>\n\t\t<\/h1>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 22, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__read-more-wrapper\">\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/taceconomics.com\/en\/indonesia-economy-strong-fundamentals-rising-vulnerabilities\/\" aria-label=\"Read more about Indonesia: Strong Fundamentals Meet Rising Vulnerabilities\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-29612 post type-post status-publish format-standard has-post-thumbnail hentry category-emerging-markets\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/taceconomics.com\/en\/middle-east-conflict-economic-consequences-gulf-countries\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"500\" height=\"267\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ-500x267.jpg\" class=\"attachment-medium size-medium wp-image-29324\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ-500x267.jpg 500w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ-18x10.jpg 18w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ.jpg 600w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h1 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/middle-east-conflict-economic-consequences-gulf-countries\/\" >\n\t\t\t\tConflict in the Middle East: What Are the Implications for Gulf Economies?\t\t\t<\/a>\n\t\t<\/h1>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 5, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__read-more-wrapper\">\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/taceconomics.com\/en\/middle-east-conflict-economic-consequences-gulf-countries\/\" aria-label=\"Read more about Conflict in the Middle East: What Are the Implications for Gulf Economies?\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-29566 post type-post status-publish format-standard has-post-thumbnail hentry category-webinaire\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/taceconomics.com\/en\/webinaire-tac-economics-perspectives-au-moyen-orient-a-lepreuve-du-conflit\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"267\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574-500x267.jpg\" class=\"attachment-medium size-medium wp-image-29544\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574-500x267.jpg 500w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574-18x10.jpg 18w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574.jpg 600w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h1 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/webinaire-tac-economics-perspectives-au-moyen-orient-a-lepreuve-du-conflit\/\" >\n\t\t\t\tWebinaire TAC ECONOMICS | Perspectives au Moyen-Orient : \u00e0 l&#8217;\u00e9preuve du conflit\t\t\t<\/a>\n\t\t<\/h1>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 4, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__read-more-wrapper\">\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/taceconomics.com\/en\/webinaire-tac-economics-perspectives-au-moyen-orient-a-lepreuve-du-conflit\/\" aria-label=\"Read more about Webinaire TAC ECONOMICS | Perspectives au Moyen-Orient : \u00e0 l&#8217;\u00e9preuve du conflit\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>TAC ECONOMICS\u2019 August 2025 Monthly Comments highlight new vulnerabilities across several emerging markets, as weakening growth, restrictive trade measures, and geopolitical tensions reshape the global risk landscape.<\/p>\n","protected":false},"author":5,"featured_media":26319,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-26318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-emerging-markets"],"acf":[],"_links":{"self":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts\/26318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/comments?post=26318"}],"version-history":[{"count":29,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts\/26318\/revisions"}],"predecessor-version":[{"id":28203,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts\/26318\/revisions\/28203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/media\/26319"}],"wp:attachment":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/media?parent=26318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/categories?post=26318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/tags?post=26318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}