- Bulgaria prepares for its fifth general election in two years on April 2nd.
- The political landscape is shorn of big parties, and high-level corruption remains an issue.
- Bulgarians are divided over whether to support Ukraine or Russia.
- The coalition of pro-Western parties that governed until last June is running neck-and-neck with the conservative Gerb party in the latest polls.
- If the general election next week is inconclusive, yet another will need to be held alongside the local ones.
Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.
Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.
A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec