economy

economy
Chile Keeps Interest Rate at 5% Amidst Global Trade War
Background on the Situation On April 2, U.S. President Donald Trump announced reciprocal tariffs, which ultimately resulted in a 10%...

economy
The World Bank Predicts Commodity Prices to Fall to Pre-COVID Levels by 2026
Introduction to the World Bank’s Outlook on Commodity Prices On April 29, the World Bank (WB) forecasted that global economic...

economy
Eurozone Inflation Expectations Rise to 2.9%: BCE Survey
Background on the European Central Bank (ECB) The European Central Bank (ECB) is the central bank responsible for monetary policy...

economy
US Consumer Confidence Plummets in April: Lowest Level in Nearly Five Years
Background on The Conference Board and Its Consumer Confidence Index The Conference Board, a global research organization, regularly publishes the...

economy
Organized Crime Stifles Economic Growth in Latin America, Warns World Bank
Introduction The World Bank has issued a stark warning that organized crime is significantly hindering economic growth in Latin America...

economy
US and India on Track for Early Trade Agreement: Treasury Secretary Scott Bessent
Background on Scott Bessent and the Current Trade Landscape Scott Bessent, the United States Secretary of the Treasury, recently indicated...

economy
IMF Advises Against Risky Policies Amid Global Downturn: Rodrigo Valdés Emphasizes Fiscal Consolidation
Background on Rodrigo Valdés and His Relevance Rodrigo Valdés, the Western Hemisphere Director at the International Monetary Fund (IMF), plays...

economy
Mexico’s GDP to Grow 0.7% in 2025 Amid Uncertainty: Barclays
Gabriel Casillas, Barclays’ Latin America Chief Economist, Predicts Slower but Steady Growth Washington, D.C. Mexico’s economy is expected to slow...

economy
US Consumer Confidence Drops for Fourth Consecutive Month Amid Trade Uncertainty
Background on the University of Michigan Consumer Sentiment Index The University of Michigan’s Consumer Sentiment Index measures consumer confidence in...

economy
Banco Mundial Urges Developing Nations to Speed Up Trade Deals with US
Background on Ajay Banga and the World Bank Ajay Banga, the President of the World Bank (WB), recently emphasized the...