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Tag: MONETARY POLICY

Business / economics

Global Concerns for 2025: Navigating Optimism Amidst Challenges

December 29, 2024December 29, 2024 - by Allegra Nguyen - Leave a Comment

As we approach 2025, inflation, AI job losses, climate change, and immigration concerns continue to shape public sentiment. Many express cautious optimism, with a recent survey indicating 71% anticipate a …

Global Concerns for 2025: Navigating Optimism Amidst Challenges Read More
economics

Iran’s Escalating Economic Crisis: Currency Depreciation and Rising Inflation

December 26, 2024December 26, 2024 - by Liam Nguyen - Leave a Comment

Iran is experiencing a severe economic crisis as its currency, the rial, falls dramatically against the US dollar, with inflation potentially exceeding 40% if diplomatic negotiations with the US do …

Iran’s Escalating Economic Crisis: Currency Depreciation and Rising Inflation Read More
Business / Companies / economics

Uruguay’s Central Bank Raises Interest Rate Amid Inflation Concerns

December 24, 2024December 24, 2024 - by Carmen Mendez - Leave a Comment

Uruguay’s Central Bank has raised the benchmark interest rate from 8.5% to 8.75% to align inflation expectations at 4.5% annually. Core inflation has risen, while GDP grew by 4.1% in …

Uruguay’s Central Bank Raises Interest Rate Amid Inflation Concerns Read More
economics / Technology

Argentina Reports 2.7% Economic Contraction Through October 2024

December 21, 2024December 21, 2024 - by Sofia Nawab - Leave a Comment

Argentina’s economy contracted by 2.7% through October 2024, with notable declines in fishing and construction sectors. Austerity measures under President Javier Milei contribute to these figures, although he perceives signs …

Argentina Reports 2.7% Economic Contraction Through October 2024 Read More
Companies / economics

Colombia’s Central Bank Expected to Cut Interest Rate Amid Economic Uncertainty

December 20, 2024December 20, 2024 - by Allegra Nguyen - Leave a Comment

Colombia’s Central Bank Board is set to meet for its final 2024 session, where a 50 basis point cut in the benchmark interest rate to 9.25% is expected. This cut, …

Colombia’s Central Bank Expected to Cut Interest Rate Amid Economic Uncertainty Read More
Business / economics

Brazil’s Real Falls to Historic Low as Economic Concerns Mount

December 18, 2024December 18, 2024 - by Sofia Nawab - Leave a Comment

Brazil’s currency, the real, reached a record low of 6.20 reais to the US dollar amid investor fears over government spending. This depreciation reflects significant economic challenges, including high inflation …

Brazil’s Real Falls to Historic Low as Economic Concerns Mount Read More
Business / Companies / economics

Impact of Below-Average Rainfall on Brazilian Coffee Prices

December 17, 2024December 17, 2024 - by Sofia Nawab - Leave a Comment

Brazil is facing below-average rainfall, which is adversely affecting coffee production and driving coffee prices higher. This situation highlights the critical relationship between weather patterns and agricultural market dynamics. Brazil, …

Impact of Below-Average Rainfall on Brazilian Coffee Prices Read More
Business / Companies / economics

IMF Advocates for Treasury Single Account and Tax Reforms in Congo for New Financing Agreement

November 19, 2024November 19, 2024 - by Liam Nguyen - Leave a Comment

The IMF urges the DRC to streamline financial management by establishing a Treasury Single Account as a condition to secure $2.87 billion in new funding over three years. This consolidation …

IMF Advocates for Treasury Single Account and Tax Reforms in Congo for New Financing Agreement Read More
economics

Colombia Reports Mixed Trends in Fresh Produce Prices for October 2024

November 16, 2024November 16, 2024 - by Allegra Nguyen - Leave a Comment

In October 2024, Colombia experienced a mix of price trends for wholesale fresh produce. While cucumbers, onions, and beets saw significant price drops exceeding 20%, certain grains like corn and …

Colombia Reports Mixed Trends in Fresh Produce Prices for October 2024 Read More

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