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The South African Parliament has passed the 2025 Budget, which includes a contentious VAT increase. It was approved by a narrow margin, with 194 votes for and 182 against. Finance …
South African Parliament Passes 2025 Budget Despite VAT Hike Controversy Read More
In the Peru mayoral election, Ken Kolowski leads Doug Bernabei significantly, reporting 1,679 votes to 561. Both candidates are debating key issues, including inflation versus a financial crisis, while discussions …
Ken Kolowski Leads Doug Bernabei in Peru Mayoral Election 2025 Read More
In the Peru mayoral election, incumbent Ken Kolowski leads with 1,679 votes to Doug Bernabei’s 561, as unofficial results indicate. The candidates disagreed on key city issues like inflation and …
Election 2025: Ken Kolowski Leads Doug Bernabei in Peru Mayoral Race Read More
The IMF warns that St. Vincent and the Grenadines and other low-income countries face economic collapse due to rising debt distress, exacerbated by the COVID-19 pandemic. With a crucial debt-service …
IMF Warns of Potential Economic Collapse in St. Vincent and the Grenadines Read More
Argentina is negotiating a $20 billion loan from the IMF as it faces economic turmoil and significant currency depreciation. The government is also seeking additional support from the World Bank …
Argentina Pursues $20 Billion IMF Loan Amid Economic Challenges Read More
Brazil has postponed its big tech tax proposal due to fears of trade tensions with the U.S. Instead, the government plans to introduce regulations aimed at fostering competition among tech …
Brazil Delays Big Tech Tax Proposal Amid U.S. Trade Tension Concerns Read More
The Monetary Policy Committee of South Africa has held the policy rate at 7.5% due to concerns about global trade uncertainties. While there were mixed expectations regarding a potential rate …
South Africa’s Policy Rate Remains Unchanged Amid Global Trade Concerns Read More
Malawi is facing unrest due to record-high inflation and economic challenges ahead of September elections. Protests have erupted as food prices soar, with essential goods becoming increasingly unaffordable. The government …
Surging Prices Spark Unrest in Malawi Ahead of Elections Read More
President Javier Milei announced that Argentina’s new IMF deal will be finalized by mid-April. The lower house of Congress approved a key decree necessary for the agreement. Although the government …
Argentina’s New IMF Agreement Expected by Mid-April, Says President Milei Read More
Argentina’s Congress approved a government decree to negotiate with the IMF, crucial for stabilizing the country’s economy. Despite a divided vote and concerns regarding the decree’s approval method, the government …
Argentina’s Congress Approves IMF Loan Negotiation, Addressing Economic Crisis Read More