“Delirium” and a future “dangerous”: from the actor Ricardo Darín to the pianist Martha Argerich, Argentine and international artists accuse the president Javier Milei of undermining culture in a country whose cinema, music and literature are recognized throughout the world. The “chainsaw” with which the ultraliberal leader has reduced State expenses since December to tame […]
Tag: Inflation
Controversy in Argentina over salary increases for senators in the midst of the crisis
The senators of Argentinawithout debate and in a show of hands, increased their salaries by 170%, in a decision that generated controversy this Friday due to the harsh economic crisis that the country is going through, with 288% year-on-year inflation and more than half of the population in the poverty. After the vote, which took […]
Dollar closed today, Friday, April 12, at S/3.7050
The exchange rate closed 0.32% higher compared to yesterday’s session, where it stood at S/3.6930, according to the Central Reserve Bank of Peru (BCRP). In the parallel market, the dollar rose to S/3.69 for purchase and S/3.72 for sale; while in banking, the purchase and sale is at S/3,704 and S/3,619, respectively. As Gianina Villavicencio, […]
IMF estimates that the global economy will grow more than expected and rules out a recession
The managing director of International Monetary Fund (IMF), Kristalina Georgievastated this Thursday that the global growth by 2024 will be slightly stronger than expected due to robust activity in USA and several emerging economies. This will be stated in a speech he will deliver this morning at the Atlantic Council think tank – which was […]
US inflation in March could affect interest rate decision
A new rise in inflation in March in the United States could definitively remove the prospect of an interest rate cut by the Federal Reservethe US central bank, at its June meeting. Long awaited by the markets, the reduction in interest rates would be a relief for many companies dependent on credit for their development, […]
Inflation in the US rises again and registers an increase of three tenths to 3.5% in March
With information from AFP and Reuters. Inflation in the United States rose again in March and recorded an advance of three tenths from the previous 3.2% in February to 3.5% in March, according to data from the US Bureau of Labor Statistics. In the monthly comparison, inflation was at the same level as in February, […]
Violence also kills Haiti’s economy
The wave of violence who currently lives Haiti is having enormous consequences on the economy of the country and, in light of this, experts warn that the challenges in this regard are increasing, despite the fact that 2024 had begun showing signs of a timid improvement compared to the previous year. According to the Haitian […]
European Central Bank plans a pause before starting to lower interest rates
The European Central Bank (ECB), encouraged by slowing inflation, could pave the way this Thursday for an interest rate cut starting in June. Christine Lagardethe president of the ECB, said in March that the guardians of the euro did not have “enough confidence” to consider easing their monetary policy. But now they have reason to […]
Chicken price begins April with a reduction of up to S/2.50 per kilo
By Susana Condado with information from Rosa Quincho / URPI-LR After learning that inflation in Metropolitan Lima in the month of March increased by 1.01%, La República took a tour of some retail markets in the capital to find out the price of the main products in the basic basket at the beginning of the […]
Pensions in private schools rose more than 6% in March
By Susana Condado The Consumer Price Index (CPI) of Metropolitan Lima has experienced an increase during the last month, according to data published by the National Institute of Statistics and Informatics (INEI). The sectors that have contributed the most to this inflationary increase are education and food and non-alcoholic beverages. In percentage terms, the Lima […]