Economy

• Wednesday, October 13th 2021 - 09:05 UTC

  Guedes dismisses IMF estimates for Brazil's growth this year and 2022

  

  Brazil's orthodox Economy minister Paulo Guedes anticipated that the multilateral institutions such as the IMF, once again are going to err their forecasts on the Brazilian economy growth. The comment follows on the IMF release stating that the Brazilian economy is estimated to grow 5,2% this year and 1,5% in 2022, below the government's forecasts.

• Wednesday, October 13th 2021 - 09:04 UTC

  In the US it is not about unemployment, but about understaffing

  

  US workers are quitting their jobs in an unprecedented manner, making things harder for employers to fill vacancies, it was reported Tuesday.

• Wednesday, October 13th 2021 - 07:55 UTC

  Northern Ireland protocol: UK/EU on collision course heading for a trade war?

  

  The question of Northern Ireland's post-Brexit trading arrangements, better known as the EU/UK Trade and Cooperation Treaty, has the United Kingdom and the European Union on a collision course.

• Tuesday, October 12th 2021 - 23:54 UTC

  Chile's economy to grow 11%, according to IMF report

  

  Chile's economy has been projected to grow 11%, way above the average of 6.3% foreseen for Latin America throughout 2021 by the International Monetary Fund's (IMF) Global Economic Outlook released Tuesday.

• Tuesday, October 12th 2021 - 22:15 UTC

  Argentine inflation is world's fourth highest, says IMF

  

  Argentina's inflation turned out to be the world's fourth-highest, according to the International Monetary Fund's (IMF) World Economic Outlook report released Tuesday in Washington.

• Tuesday, October 12th 2021 - 20:50 UTC

  Low-Income Country debt rises to record US$860 billion in 2020

  

  Governments around the world responded to the COVID-19 pandemic with massive fiscal, monetary, and financial stimulus packages. While these measures were aimed at addressing the health emergency, cushioning the impact of the pandemic on the poor and vulnerable and putting countries on a path to recovery, the resulting debt burden of the world’s low-income countries rose 12% to a record US$860 billion in 2020, according to a new World Bank report.

• Tuesday, October 12th 2021 - 09:32 UTC

  Uruguay: IMF recommends addressing skill-mismatch between the labour force and new jobs

  

  Last week we published an IMF preliminary statement on the situation of the Uruguayan economy in which it praised the government's handling of the pandemic underlining Uruguay's solid institutions, well-functioning democracy and a high degree of social cohesion.

• Tuesday, October 12th 2021 - 09:20 UTC

  IMF Board reaffirms full confidence in Managing Director Georgieva Kristalina

  

  The IMF Executive Board on Monday concluded its review of the matter raised by WilmerHale’s investigation of the World Bank’s Doing Business 2018 report.

• Tuesday, October 12th 2021 - 09:19 UTC

  Argentine government slaps more controls on corn exports

  

  Argentina's Agriculture Minister has decided to up the number of requirements and restrictions on corn exports after the sector reached the exportable balance of 38.5 million tons, it was reported.

• Tuesday, October 12th 2021 - 08:40 UTC

  Bolsonaro claims he's not a denialist of COVID-19

  

  Brazil's President Jair Bolsonaro Monday objected to being labelled a “denier” as a consequence of his approach at the COVID-19 pandemic, which has officially killed over 600,000 people in South America's largest country.