Growth in Latin America and the Caribbean will slow down in 2022 to 2.1%, after a 6.2% increase on average last year, the Economic Commission for Latin America and the Caribbean (ECLAC) forecast Wednesday in a study.
The Argentine foreign ministry reacted strongly to Defense Secretary Ben Wallace's statements published on Monday in the Daily Telegraph arguing that his belligerent threats and denigratory remarks towards Argentina are not compatible with the current level of diplomatic relations.
On Monday UK Defense secretary told the Falklands 40 Margaret Thatcher Day Lecture that Britain will continue to “stand up to bullies” wherever in the world they happen to be situated. He said: “Our enemies should not doubt Britain’s determination to stand up to bullies, to defend those who cannot defend themselves and for our values.”
The World Health Organization (WHO) Tuesday admitted Omicron variant of the coronavirus was already the dominant one worldwide, accounting for almost 60% of the cases.
The Falkland Islands Government and LATAM Airlines Group have denied that a date for the resumption of passenger flights to South America has been agreed upon. Recently international media reports had suggested LATAM Brazil had requested regular flights connecting Mount Pleasant airport and São Paulo to resume by the start of February.
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.
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.
A hero rat who was commended for his outstanding service detecting landmines has died. Magawa, a giant African pouched rat trained to find unexploded ordnance, was retired last year.
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.
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.