Prospects for the global economy are looking brighter, according to the International Monetary Fund (IMF), arguing that the recent pick-up has been pretty broad-based, particularly in Europe and Asia. Tax reforms in the United States are expected to stimulate economic activity, especially business investment.
President Donald Trump administration on Wednesday presented a sweeping plan to lower tax rates for individuals and businesses, saying it would create the biggest tax cut in United States history. However US markets slid at the close after the Trump administration outlined the tax cut plan and Democrats described it as a handout to the wealthy that would expand the deficit.
The ‘State is back’ in Latinamerica and will help establish social policies, diminish inequality and increase inclusion said the regional director of the UN Development Program, Herlado Muñoz during a seminar in Mexico City on “Youth participation and democratic governance in Latin America and the Caribbean”.