In anticipation of the legislative elections, Milei is trying to curb the collapse of the Central Bank’s reserves. On Monday, Argentina’s risk premium jumped by 8.2%, reaching 863 basis points, in less than 24 hours. The U.S. dollar in the uncontrolled market rose to 1,325 pesos, experiencing a 2% increase. RELATED: Argentina Acquires a Huge […]

President Trump acknowledged that there will be a ‘transition period’ before he can ‘bring wealth back to America.’ The term “Trumpcession” has of late emerged to describe a potential recession triggered by U.S. President Donald Trump’s unpredictable trade and economic policies. It has gained traction as key U.S. economic indicators show concerning trends, fueling growing […]

Russian companies have shown a growing interest in the Guinea-Bissau market, according to President Vladimir Putin, who made the statement during official talks at the Kremlin with his Guinea-Bissau counterpart, Umaro Sissoco Embaló, on Wednesday. “Many of our companies are interested in working in your market,” stated the Russian head of state during the negotiations […]

He stated that Venezuela is on the path to building a productive and self-sustaining economy that ensures equality and social rights. “Our own economic foundation is essential for the new society,” he emphasized. Related: President Maduro Announces Dismantling of Nazi Cell in Venezuela During His Program “Con Maduro Más+” At a recent meeting of the […]

Arizona Governor Hobbs voiced strong opposition to the tariffs, stating that they are ‘bad for families and bad for business.’ The newly imposed U.S. tariffs on imports from Canada, Mexico and China are sending economic shockwaves across California, Arizona and Nevada, with business leaders and economists warning of rising costs for consumers and potential job […]

Not all EU states will be able to achieve ‘more preferential treatment’ from the U.S. If new U.S. President Donald Trump decided to act on his threats to impose tariffs on the European Union (EU), it will be very painful for the bloc, said Miquel Vila, an analyst of the Catalonia Global Institute, a Spanish […]

His return to power leads the French to realize that unity is vital, the French Prime Minister said. On Monday, French Prime Minister François Bayrou warned of the “incredibly domineering” plans of Donald Trump, who will be sworn in as U.S. President today. RELATED: TikTok Restores Its Service in the US by the Guarantees Received […]

Price-adjusted gross domestic product declined by 0.2 percent. This follows a 0.3-percent contraction in 2023. On Wednesday, the Federal Statistical Office published a report showing that Germany’s economy shrank for the second year in a row in 2024, heightening concerns about the recovery prospects of Europe’s largest economy amid persistent struggles. RELATED: Germany and the […]

Finally, President Maduro instructed the Executive Vice President, Delcy Rodríguez, to implement new mechanisms that strengthen the active defense of the national industry and optimize the utilization of installed capacity. Related: President Maduro Announces National Consultation and Constitutional Reform The President of the Bolivarian Republic of Venezuela, Nicolás Maduro, highlighted the growth in several economic […]

The central bank’s inflation forecast for 2025 is 21 percent, with further rate cuts anticipated in the coming months. After several years of runaway inflation, Türkiye has managed to close in on its year-end target for 2024 after a challenging year marked by disinflation policies. RELATED: Türkiye: At Least 12 Deads After Explosion in Ammunition […]