Economy

• Wednesday, January 12th 2022 - 09:25 UTC

  Guyana's rice exports back on track thanks to Gov't help

  

  Guyana's exports for the year 2021 of approximately 434,535 tons of rice, paddy, and its by-products meant US $ 201 million in revenues, according to Agriculture Minister Zulfikar Mustapha, after new export markets such as the British Virgin Islands (BVI) as well as Estonia and Slovenia were added to the list of buyers.

• Wednesday, January 12th 2022 - 09:23 UTC

  Taiwan grants Paraguay zero tariffs to import 11 products

  

  The Taiwanese Embassy in Asunción has conveyed to the Paraguayan Government tariffs had been cut down to zero for the purchase of 11 Paraguayan products under the Economic Cooperation Agreement already in force between the two countries.

• Tuesday, January 11th 2022 - 13:50 UTC

  Argentina's covid Miracle

  

  By Joseph Stiglitz – Unlike the United States, which could spend one-quarter of its GDP protecting its economy from the COVID-19 fallout, Argentina entered the pandemic with the deck stacked against it. Yet, thanks to the current government’s policies to strengthen the real economy, the country has been enjoying a remarkable recovery.

• Tuesday, January 11th 2022 - 13:45 UTC

  Emerging Economies Must Prepare for Fed Policy Tightening

  

  IMF Blog by Stephan Danninger, Kenneth Kang and Helene Poirson (*) – For most of last year, investors priced in a temporary rise in inflation in the United States given the unsteady economic recovery and a slow unraveling of supply bottlenecks.

• Monday, January 10th 2022 - 21:45 UTC

  Regional pensions among the worst, according to Mercer's GPI

  

  According to the Global Pension Index (GPI) issued by the Mercer Institute, Latin America's systems appeared among the worst of the 43 countries surveyed, with Argentina in 42nd place, only one notch above Thailand.

• Monday, January 10th 2022 - 21:36 UTC

  Venezuela's inflation for the year 2021 reaches “only” 686.4%

  

  Venezuela's Central Bank (BCV) has confirmed December's 7.6% marked the 12th consecutive month with inflation below 50% for an yearly total of 686.4%, it was announced.

• Monday, January 10th 2022 - 21:33 UTC

  Colombian President removes tariffs from agricultural inputs

  

  Colombian President Iván Duque has signed into law the new initiative which applies 0% tariffs on imports of inputs for agriculture and livestock production while creating a fund to benefit small and medium local businesses. The measure seeks to lower costs for medium and small farmers, in addition to encouraging the use of environmentally friendly inputs.

• Monday, January 10th 2022 - 09:41 UTC

  British economist becomes new IMF Senior resident representative in Argentina

  

  Argentine ambassador in Washington, Jorge Argüello has reported he received the visit of British economist Ben Kelmanson, appointed the new IMF Senior resident representative in Argentina, who will be involved in the delicate debt negotiations for the coming years.

• Monday, January 10th 2022 - 09:28 UTC

  World food prices in 2021 remained 28,1% higher than in 2020, FAO report

  

  World food prices fell slightly in December as international prices for vegetable oils and sugar fell significantly from lofty levels, the Food and Agriculture Organization of the United Nations, FAO, reported.

• Monday, January 10th 2022 - 07:36 UTC

  The Battle for the French Right

  

  By Daniel Cohen – The French presidential election in April will almost certainly be decided in a second-round contest between the incumbent, Emmanuel Macron, and one of the right-wing candidates. Much, therefore, will depend on the performance of potential spoilers like Éric Zemmour, the French version of Donald Trump