Tag: economic growth

Friday, October 11th 2019 - 09:49 UTC
Trade Integration more important for Latin America and the Caribbean as growth slows, World Bank

The Latin America and Caribbean (LAC) region has entered a new phase of weak economic performance, but increased integration in international trade and global value chains could reinvigorate economic growth.
Wednesday, October 9th 2019 - 09:45 UTC
Global trade tensions have investment on hold and promote poverty, World Bank claims

As global trade tensions persist, investments are put on hold and without that cash to boost economic growth, poverty could surge, the World Bank's chief economist warned Tuesday. Without growth “inevitably, people will struggle”, Pinelopi Koujianou Goldberg said in an interview.
Monday, October 7th 2019 - 09:40 UTC
Portugal's incumbent Prime Minister and stability policies win election

Portugal's incumbent Prime Minister Antonio Costa's Socialists won a general election on Sunday after presiding over a period of solid economic growth following years of austerity, near total results showed. The Socialist Party (PS) took 37% of the vote, followed by the centre-right Social Democrats (PSD) with 28%, with 98% of constituencies counted, according to the interior ministry.
Wednesday, September 25th 2019 - 09:38 UTC
Persistently low inflation in Brazil anticipates further cut in interest rate

Gradual economic growth and persistently low inflation in Brazil are likely to pave the way for a further reduction in interest rates, the country’s central bank indicated on Tuesday, warning that global economic conditions appear to be deteriorating.
Wednesday, September 11th 2019 - 09:32 UTC
Brazilian markets influenced by weak data from China and coming central banks decisions

Brazilian shares broke a four-day run of gains on Tuesday, mirroring declines in global stocks after weak China data-fueled growth concerns, while currencies were tepid ahead of major central bank policy decisions.
Tuesday, September 10th 2019 - 09:50 UTC
August inflation in Brazil below target, with room for further rate cuts

Consumer price inflation in Brazil was well contained in August, as forecast, reinforcing expectations of deeper interest rate cuts by the central bank as it tries to fire up economic growth.
Thursday, June 20th 2019 - 08:50 UTC
Brazil central bank leaves benchmark rate at 6.50%; forecasts of 5.50% by December

Brazil’s central bank held its benchmark interest rate at a record-low 6.50% on Wednesday, as expected, holding back from signalling looser policy because of doubts on economic reforms. The scenario outlined by policymakers was one of anaemic economic growth and high levels of economic slack putting downward pressure on inflation at home, plus the prospect of interest rates coming down in major developed economies.
Wednesday, May 15th 2019 - 09:53 UTC
Brazil's government cuts economic growth forecast, insists Congress must approve pensions' reform

Brazil’s government will cut its 2019 economic growth forecast to below 2% and seek supplementary funding from state-run BNDES development bank to meet current expenditure and avoid breaking its fiscal rules, Economy Ministry officials said on Tuesday.
Thursday, April 18th 2019 - 09:40 UTC
China's growth stabilizes 6.4% year-on-year in first quarter

The growth of the Gross Domestic Product (GDP) in China stabilized 6.4% year-on-year in the first quarter of 2019, despite falling global demand and the trade war with the United States. The figure was announced on Wednesday by the National Bureau of Statistics (BNS), along with other rather optimistic indicators on the health of the world's second largest economy.
Thursday, April 11th 2019 - 09:31 UTC
The Trouble with Argentina’s Economy

With sustained economic growth, Argentina would be able to avoid another debt crisis. Although there are no silver bullets to put the economy on a more stable path, changing current macroeconomic policies would at least give the country a chance.