Brazilian financial and market analysts upgraded their economic growth forecast for 2021, from 3.41% to 3.45%, and maintained the projection at 2.5% for 2022, the Central Bank of Brazil announced Monday.
Add your comment!China’s economy grew at a faster-than-expected pace in the fourth quarter of last year, ending a rough coronavirus-stricken 2020 ahead of all major industrialized nations, as well poised to expand further this year.
Add your comment!The suppliers of the Falkland Islands Meat Company (FIMCo) will be eligible for assistance through an FIG scheme, it was announced through a press statement on January 7. The support is in the form of £10 of compensation from FIG per head of mutton which cannot be processed by FIMCo, but does not make payments for cull sheep.
4 commentsThe International Monetary Fund expects the pace of its ongoing discussions with Argentine authorities to accelerate in coming weeks, IMF spokesman Gerry Rice said on Thursday.
3 commentsUnited States president-elect Joe Biden laid out his plan for another US$ 1.9 trillion economic rescue package on Thursday, seeking to combat the economic and health crises stemming from the pandemic.
Add your comment!The risks to an expected economy recovery in Brazil during 2021 are increasing as delays in rolling out a vaccine program against coronavirus continues to be delayed, according to Moody's rating agency.
Add your comment!Chile’s peso tumbled on Wednesday, starting the year in a volatile fashion as many had forecast. The currency dropped 2.1% to 741.66 against the dollar, bringing its decline this year to 4%.
Add your comment!Brazil’s President Jair Bolsonaro attributed Ford Motor Co.’s decision to close its three plants in Brazil to the end of multibillion-dollar subsidies from the government.
Add your comment!The outlook for Brazilian interest rates over the next two years rose to their highest in several months, a central bank survey of economists showed on Monday, even as exchange rate and inflation expectations held steady.
1 commentInflation in Brazil ended 2020 at 4,5% the stats agency IBGE revealed on Tuesday, above the central bank's target, with food prices rising, 14,1%, the most in two decades.
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