News of global economy

IMF upgrades Argentina growth projection ahead of Guzmán talks

19-04-2022 16:26 Multilateral lender predicts GDP will improve by 4% in 2022 but sees inflation topping out the year at 48%.

ECONOMIC INDICATORS

Poverty fell to 37.3% in the second half of 2021

31-03-2022 15:55 Just over 37% of the population were living in poverty in the second half of 2021 – a drop of three points compared to the first half of the year, according to official data.

BRAZIL UNDER BOLSONARO

Brazil exits recession, but faces tough year ahead

06-03-2022 09:02 Brazil exited recession in the fourth quarter, but weak growth and high inflation still dog Latin America's biggest economy.

economy

US consumer prices rose 7.5% annually to January – largest since 1982

10-02-2022 11:56 Consumer prices in the United States rose at an annual rate not seen since February 1982, with a 7.5% increase over the 12 months to January.

BLOOMBERG – ANALYSIS

US inflation charges higher with larger-than-forecast gain

10-02-2022 11:41 Consumer prices in the United States surged in January by more than expected, sending the annual inflation rate to a fresh four-decade high.

THE YEAR TO COME

World economy now set to surpass US$100 trillion in 2022

29-12-2021 21:54 The world economy is set to surpass US$100 trillion for the first time in 2022, two years earlier than previously forecast, according to the Centre for Economics and Business Research.

Global inequality

Billionaires' share of global wealth soars during pandemic

07-12-2021 15:34 The club of the richest 1% in the world has taken more than a third of all additional wealth accumulated since 1995, while the bottom 50% captured just 2%.

G20 Leaders Summit

What's in the global tax reform agreed by the G20?

31-10-2021 08:35 After years of negotiations, G20 leaders on Saturday endorsed an historic deal aimed at ending tax havens, although some developing countries complain it still falls short.

Bloomberg

Global energy crisis comes to drought-stricken South America

04-10-2021 20:39 The energy crisis sweeping the globe is about to hit South America, where a historic drought has the region desperate to replace a collapse in hydroelectric generation.

POVERTY

Poverty in Argentina reached 40.6% in first half of 2021

01-10-2021 21:00 INDEC data shows extreme poverty in Argentina rose to 10.7% of population by end of June; Poverty rate down 1.4 percentage points from the second half of 2020.

Startups

Venture capital surge delivers record for 'unicorn births'

08-07-2021 11:41 According to a report by US-based firms, startups globally raised $156 billion between April and June, the highest level in a decade for the second quarter.

G20 SUMMIT

Historic global tax deal backed by 130 nations

01-07-2021 23:08 A total of 130 countries, including Argentina, agree global reform to ensure multinationals pay at least 15% tax wherever they operate. Move could add some US$150 billion to government coffers worldwide.

TAX INITIATIVE

Global tax floor of 15% would be ‘too low,’ says Guzmán

29-06-2021 08:37 Economy Minister Martín Guzmán says Argentina's position is that a global floor of 15 percent for corporate taxation would be “too low.”

Poverty

Pandemic and economic crisis pushes poverty rate up to 42%

31-03-2021 19:50 More than four in 10 Argentines were living in poverty in the second half of 2020, INDEC national statistics bureau reveals – the highest level since 2004.

Global pandemic

Vaccine delays threaten economies hardest hit by pandemic

23-02-2021 12:24 Latin America and the Caribbean, the region where the coronavirus caused the worst economic destruction and more than a quarter of the world’s deaths, is now falling victim to a slow inoculation campaign.

ECONOMIC FORECAST

IMF cuts Argentina’s 2021 growth estimate to 4.5%

30-01-2021 08:16 Fund predicts strong economic rebound across the globe, but trims forecast for local economy by 0.4%.

FOOD PRICES

UN: World food prices jump to six-year high

03-12-2020 19:26 Global food commodity prices rose sharply in November to their highest level in nearly six years, the UN food agency said Thursday, due in part to adverse weather conditions.

US ELECTION 2020

Biden faces tall order reviving Washington's global role

14-11-2020 10:49 US President-elect Joe Biden has vowed to restore America’s moral authority in the world but after four years of norms-shattering by Donald Trump, he will have his work cut out for him.

Global pandemic

IMF envisions a sharp 4.4% drop in global growth for 2020

13-10-2020 11:39 International Monetary Fund predicts steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession. Argentina's economy now forecast to contract by 11.8%.

Global pandemic

Up to 150 million could join extreme poor, warns World Bank

07-10-2020 15:40 Up to 150 million people could slip into extreme poverty, living on less than US$1.90 a day, by late next year, says World Bank.

BLOOMBERG

IMF sounds debt warning as it offers rethink on restructurings

01-10-2020 15:17 IMF sounds a warning over rising global debt levels and proposed reforms to the debt-restructuring process for countries that struggle to meet their obligations.

Bloomberg

World economy seen withstanding virus better than forecast

16-09-2020 15:35 OECD upgrades the global outlook, but makes huge downward revisions to a number of emerging markets. India, Argentina, Mexico and South Africa will suffer more than predicted in June, it says.

DEBT RESTRUCTURING

Argentina exits default after US$65-billion debt deal

07-09-2020 21:53 Nation officially emerges from its ninth default after Standard & Poor's Global raised its credit rating following the restructuring of US$65 billion of overseas debt.

News of global economy

IMF upgrades Argentina growth projection ahead of Guzmán talks

Poverty fell to 37.3% in the second half of 2021

Brazil exits recession, but faces tough year ahead

US consumer prices rose 7.5% annually to January – largest since 1982

US inflation charges higher with larger-than-forecast gain

World economy now set to surpass US$100 trillion in 2022

Billionaires' share of global wealth soars during pandemic

What's in the global tax reform agreed by the G20?

Global energy crisis comes to drought-stricken South America

Poverty in Argentina reached 40.6% in first half of 2021

Venture capital surge delivers record for 'unicorn births'

Historic global tax deal backed by 130 nations

Global tax floor of 15% would be ‘too low,’ says Guzmán

Pandemic and economic crisis pushes poverty rate up to 42%

Vaccine delays threaten economies hardest hit by pandemic

IMF cuts Argentina’s 2021 growth estimate to 4.5%

UN: World food prices jump to six-year high

Biden faces tall order reviving Washington's global role

IMF envisions a sharp 4.4% drop in global growth for 2020

Up to 150 million could join extreme poor, warns World Bank

IMF sounds debt warning as it offers rethink on restructurings

World economy seen withstanding virus better than forecast

Argentina exits default after US$65-billion debt deal

Inflation hit 7.4% in July – highest monthly rate since April 2002

Inflation surges past 70% on political turmoil

Economy minister shakes up energy secretary in consolidation of power

Is Colombia’s run-off Argentina’s run-up?

Tourists return but Easter Islanders draw lessons from Covid isolation

Paro de colectivos en el AMBA: desde cuándo rige la medida y a qué líneas afecta

Furia con Carrió: llamados, acusaciones y un debate sobre el futuro sin la Coalición Cívica

¿Quién es Rania, la hermosa reina de Jordania que vive lejos de la prensa y sumida en el dolor?

Cristina Kirchner se mostró malhumorada e irónica en la sesión especial del Senado

El rol decisivo de Alberto Fernández en la expulsión de Claudio Lozano