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Tag: INFLATION

Business / economics

Milei Strengthens Peso Strategy Ahead of Critical Midterm Elections

May 15, 2025May 15, 2025 - by Allegra Nguyen - Leave a Comment

With only five months until Argentina’s midterm elections, President Javier Milei is focusing on strengthening the peso as a key campaign strategy. His administration has lifted some currency controls, introduced …

Milei Strengthens Peso Strategy Ahead of Critical Midterm Elections Read More
Business / economics

Urgent Economic Reforms Needed to Rescue Nigeria’s Economy and Society

May 14, 2025May 14, 2025 - by Sofia Nawab - Leave a Comment

Dr. Akinwunmi Adesina highlights Nigeria’s declining per capita GDP, exposing economic mismanagement compared to South Korea’s growth. Critics challenge the accuracy of these claims, as the government struggles with inflation …

Urgent Economic Reforms Needed to Rescue Nigeria’s Economy and Society Read More
Business / Companies / economics

YPF Reports Net Loss Amid Rising Costs and Debt Concerns

May 8, 2025May 8, 2025 - by Liam Nguyen - Leave a Comment

YPF reported a net loss in Q1 due to increasing debt and operational costs. Despite an expected $8 billion surplus in Argentina’s energy trade balance, analysts warn of ongoing risks …

YPF Reports Net Loss Amid Rising Costs and Debt Concerns Read More
Business / economics

Brazil’s Central Bank Increases Selic Rate to Combat Inflation Pressure

May 8, 2025May 8, 2025 - by Allegra Nguyen - Leave a Comment

In May 2025, the Central Bank of Brazil raised its Selic rate by 50 bps to 14.75%. This action aims to curb inflation and enhance price stability while supporting employment. …

Brazil’s Central Bank Increases Selic Rate to Combat Inflation Pressure Read More
Business / Companies / economics

Angola Weighs IMF Support as Bond Yields Surge and Oil Prices Fall

April 30, 2025April 30, 2025 - by Carmen Mendez - Leave a Comment

Angola is in discussions with the IMF for potential financing options due to soaring bond yields and declining energy prices. The country aims to avoid international debt markets until yields …

Angola Weighs IMF Support as Bond Yields Surge and Oil Prices Fall Read More
Business / economics

U.S. Readiness to Support Argentina with Credit Line amid Economic Reforms

April 24, 2025April 24, 2025 - by Carmen Mendez - Leave a Comment

U.S. Treasury Secretary Scott Bessent indicated a willingness to offer Argentina a credit line via the Exchange Stabilization Fund, contingent on economic policy adherence by President Milei. Following his comments, …

U.S. Readiness to Support Argentina with Credit Line amid Economic Reforms Read More
economics

Sorghum Production Assessment in Sudan for the 2024/25 Growing Season

April 22, 2025April 22, 2025 - by Carmen Mendez - Leave a Comment

The report assesses sorghum production in Sudan for the 2024/25 season, focusing on Gedaref, White Nile, Blue Nile, and New Halfa irrigation scheme in Kassala. Analysis employed satellite data and …

Sorghum Production Assessment in Sudan for the 2024/25 Growing Season Read More
economics

Kenya’s Easter Celebrations and Community Updates

April 20, 2025April 20, 2025 - by Carmen Mendez - Leave a Comment

This article discusses Kenya’s Easter celebrations, highlights recent obituaries, and mentions an online poll regarding potential impacts of legislative changes on Indiana’s local government services. In the context of the …

Kenya’s Easter Celebrations and Community Updates Read More
Business / Companies / economics

Argentina’s Peso Declines Sharply Following Eased Currency Controls

April 15, 2025April 15, 2025 - by Marcus Chen - Leave a Comment

Argentina’s peso fell over 11% against the US dollar after President Milei’s government eased currency controls for a $20 billion IMF bailout. The decision poses political risks with elections approaching …

Argentina’s Peso Declines Sharply Following Eased Currency Controls Read More
Business / economics

Argentina’s Complex Relationship with the IMF: A Historical Overview

April 13, 2025April 13, 2025 - by Sofia Nawab - Leave a Comment

Argentina’s history with the IMF spans over six decades, marked by multiple loan agreements totaling $177 billion. The recent approval of a $20 billion program aims to address severe economic …

Argentina’s Complex Relationship with the IMF: A Historical Overview Read More

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