Trade news — September 28, 2026

6 publications

1. WorldNorth AmericaBudgetTrade

   Sep 28, 2026, 22:52 UTC

   

   Argentina's Country Risk Surges Amid Election Uncertainty and Debt Maturity Concerns

   Argentina's country risk surged to its highest level in nearly two years, driven by investor concerns over upcoming presidential elections and a significant debt maturity schedule in 2027. The country faces USD 20 billion in sovereign debt maturities next year, with USD 12 billion owed to private creditors and USD 7.5 billion to the IMF. The rising risk comes amidst a backdrop of poor macroeconomic data, including a drop in consumption and an increase in poverty levels. The Treasury is currently conducting short-term debt auctions to manage maturities, but it is not offering papers with maturities beyond the next presidential term. Experts suggest that the market is punishing Argentina due to the deterioration of its real economy and the decreasing probability of President Javier Milei's re-election.

   14 sourcesSee all sources
2. WorldAsiaTrade

   Sep 28, 2026, 21:24 UTC

   

   PepsiCo Invests $1 Billion in Colombia Over Five Years

   PepsiCo has announced a significant investment of $1 billion in Colombia over the next five years. The funds will be used to expand the company's production capacity, modernize its operations, and strengthen its distribution network in the country. This investment is seen as a vote of confidence from the private sector in Colombia's economic prospects.

   9 sourcesSee all sources
3. BusinessTaxTradeCommodities

   Sep 28, 2026, 20:57 UTC

   

   Bosch to Halve Workforce at Nuremberg Plant by 2029

   Automotive supplier Bosch is set to reduce its workforce at its Nuremberg plant by half, with around 900 jobs expected to be cut by 2029. The company currently employs 1,800 people at the site, producing components for internal combustion engines and fuel cells. The job cuts are attributed to the ongoing shift in the automotive industry towards electric vehicles, increasing competition from Chinese rivals, and stagnating global car demand. Bosch has pledged to find socially acceptable solutions for the affected employees.

   11 sourcesSee all sources
4. BusinessBudgetTradeLogistics

   Sep 28, 2026, 17:36 UTC

   

   Russia's Finance Ministry Projects Lower Budget Deficit for 2027

   Russia's finance ministry has proposed a budget for 2027 with a projected deficit of 2.2% of GDP, down from an expected 3% in 2022. The budget, unveiled at the end of last week, anticipates revenues to rise by 7.5%, barely keeping pace with inflation. However, these projections have historically been optimistic and may not align with reality.

   2 sourcesSee all sources
5. BusinessBudgetTradeEquities

   Sep 28, 2026, 06:22 UTC

   

   Communal Service Tariffs Criticized for Being Too Low

   The head of the 'Council of Housing and Communal Services', Mark Geller, has criticized the slow growth and low levels of communal service tariffs in Russia. He argues that these tariffs have fallen behind inflation by 39.1% and that the industry is losing 1.27 trillion rubles annually due to artificial tariff control. Geller believes that tariffs should be 40% higher to cover repair and network update costs. Despite these concerns, a 10% tariff increase is planned from October 1, with further indexations expected.

   14 sourcesSee all sources
6. BusinessTradeMarketsEquities

   Sep 28, 2026, 00:47 UTC

   

   Wall Street Futures Drop After Positive Week

   After a profitable week on Wall Street, stock futures slipped in early trading. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all opened lower, indicating a potential downturn following recent gains.

   2 sourcesSee all sources