economy

Chile Keeps Interest Rate at 5% Amidst Global Trade War

Chile Keeps Interest Rate at 5% Amidst Global Trade War

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April 30, 2025

Background on the Situation On April 2, U.S. President Donald Trump announced reciprocal tariffs, which ultimately resulted in a 10%...

The World Bank Predicts Commodity Prices to Fall to Pre-COVID Levels by 2026

The World Bank Predicts Commodity Prices to Fall to Pre-COVID Levels by 2026

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April 29, 2025

Introduction to the World Bank’s Outlook on Commodity Prices On April 29, the World Bank (WB) forecasted that global economic...

Eurozone Inflation Expectations Rise to 2.9%: BCE Survey

Eurozone Inflation Expectations Rise to 2.9%: BCE Survey

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April 29, 2025

Background on the European Central Bank (ECB) The European Central Bank (ECB) is the central bank responsible for monetary policy...

US Consumer Confidence Plummets in April: Lowest Level in Nearly Five Years

US Consumer Confidence Plummets in April: Lowest Level in Nearly Five Years

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April 29, 2025

Background on The Conference Board and Its Consumer Confidence Index The Conference Board, a global research organization, regularly publishes the...

Organized Crime Stifles Economic Growth in Latin America, Warns World Bank

Organized Crime Stifles Economic Growth in Latin America, Warns World Bank

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April 28, 2025

Introduction The World Bank has issued a stark warning that organized crime is significantly hindering economic growth in Latin America...

US and India on Track for Early Trade Agreement: Treasury Secretary Scott Bessent

US and India on Track for Early Trade Agreement: Treasury Secretary Scott Bessent

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April 28, 2025

Background on Scott Bessent and the Current Trade Landscape Scott Bessent, the United States Secretary of the Treasury, recently indicated...

IMF Advises Against Risky Policies Amid Global Downturn: Rodrigo Valdés Emphasizes Fiscal Consolidation

IMF Advises Against Risky Policies Amid Global Downturn: Rodrigo Valdés Emphasizes Fiscal Consolidation

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April 28, 2025

Background on Rodrigo Valdés and His Relevance Rodrigo Valdés, the Western Hemisphere Director at the International Monetary Fund (IMF), plays...

Mexico’s GDP to Grow 0.7% in 2025 Amid Uncertainty: Barclays

Mexico’s GDP to Grow 0.7% in 2025 Amid Uncertainty: Barclays

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April 28, 2025

Gabriel Casillas, Barclays’ Latin America Chief Economist, Predicts Slower but Steady Growth Washington, D.C. Mexico’s economy is expected to slow...

US Consumer Confidence Drops for Fourth Consecutive Month Amid Trade Uncertainty

US Consumer Confidence Drops for Fourth Consecutive Month Amid Trade Uncertainty

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April 27, 2025

Background on the University of Michigan Consumer Sentiment Index The University of Michigan’s Consumer Sentiment Index measures consumer confidence in...

Banco Mundial Urges Developing Nations to Speed Up Trade Deals with US

Banco Mundial Urges Developing Nations to Speed Up Trade Deals with US

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April 27, 2025

Background on Ajay Banga and the World Bank Ajay Banga, the President of the World Bank (WB), recently emphasized the...

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