Economy

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
Saturday, January 8th 2022 - 12:34 UTC
Alberto Fernández takes over CELAC's pro-tempore presidency

Argentine President Alberto Fernández Friday said that the Community of Latin American and Caribbean States (CELAC) “was not born to oppose or confront other institutions” as he took over the body's leadership from Mexico.
Friday, January 7th 2022 - 11:52 UTC
Argentina, Cuba sign bilateral deals to foster food sovereignty

Bruno Rodríguez Parrilla and Santiago Cafiero, Foreign Ministers of Cuba and Argentina respectively, Thursday signed in Buenos Aires a bilateral cooperation agreement for Agricultural Development “to promote the food sovereignty of Cuba,” it was announced.
Thursday, January 6th 2022 - 22:11 UTC
Black Thursday for Argentina's economy – no agreement with IMF

Argentine President Alberto Fernández and Economy Minister Martín Guzmán agreed not to give in to additional demands from the International Monetary Fund (IMF) regarding the US $ 44 billion loan from the previous national administration.