The economy of the India reached its fastest growth rate by registering a GDP of 8.4% in the third quarter (October to December) of fiscal year 2023-2024, driven by strong manufacturing activity and growth in the construction sector. Prices of the gross domestic product (GDP) “show a growth rate of 8.4%” in the third quarter […]
Tag: economy
Brazil foresees a record turnover of US$ 1,819 million during Carnival
Brazil expects to reach a turnover of 9,000 million reais (US$ 1,819 million) during the edition of the Carnival this year, which represents a record figure for the country, according to forecasts released this Monday by the employers’ association. Estimates for the most important party in the country grew by 10% compared to the previous […]
What economic measures to expect if Donald Trump is elected US president?
donald trump had made of the economy a campaign argument in 2020. It will continue to be an important issue this year, as the inflation and high interest rates continue to be at the center of Americans’ concerns. Here are three issues that are likely to be among your financial priorities if you return to […]
Poverty and repression: North Korean defector denounces what the pandemic meant in his country
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Mr. Kim is one of the few North Koreans who, after fleeing his country, can tell what happened there during the pandemic. His story sheds light on the greater repression and the economic and nutritional deterioration that the covid and that human rights organizations denounce. The coronavirus restrictions began in his border province of South […]
Three keys to understanding the voracious corruption that corrodes Guatemala
Bernardo Arevalo his investiture on Sunday as president of Guatemala. For months he faced a judicial onslaught attributed to the country’s powerful economic and political elite with one purpose: to perpetuate corruption. Executed by the Prosecutor’s Office, the offensive sought to withdraw his immunity, achieved the suspension of his Semilla party and tried to annul […]
Casinos return to the political, and now economic, discussion in Ecuador
The operation of casinos -prohibited in Ecuador according to a popular consultation in 2011 – returns to the political discussion in the country when this possibility is stated in one of the eleven questions of a popular consultation that the head of StateDaniel Noboahas been sent to the Constitutional Court for analysis. “Do you agree […]
Argentina’s main labor union calls strike in January against Milei measures
The most important labor union in Argentina called on Thursday a general strike, with a mobilization of the National Congress, for January 24 in rejection of a series of measures promoted by the government of the ultraliberal president Javier Milei. The General Confederation of Labor (CGT), which brings together many unions in the South American […]
The Milei Government faces a cascade of lawsuits over its economic decree
Almost a week after signing the decree of necessity and urgency (DNU) with which the new Government of Argentina intends to undertake the practical economic deregulation of the country, the president Javier Milei and his cabinet face a cascade of lawsuits against the measure. The first to be known was presented the day after Milei […]
United States economy would have grown 1.2% in the third quarter
The United States reduced its growth estimate during the third quarter of the year by one tenth, to 1.2%as reported by the Bureau of Economic Statistics (BEA, in English). This form of annual growth is calculated in this third and final estimate of the gross domestic product (GDP), which reached 4.9%, three tenths below the […]
Javier Milei deregulates the economy by decree and sends a reform package to Congress
The ultraliberal Argentine president, Javier Mileiordered on Wednesday the elimination by decree of hundreds of regulations to deregulate the economy, opening the door to the privatization of public companies, and announced a package of reforms that represent a complete turnaround in a country accustomed to strong State interventionism. “The objective is to begin the path […]