The global art and antiques market fell in 2023 after two years of growth. Despite the 4 percent annual decrease last year, standing at 65 billion dollars, the figure was above the levels prior to the covid 19 pandemic, led by the purchase of rich countries in the world. These data were revealed by the … Read more
The government of Javier Miley has made the decision to unify the payment of the maturities corresponding to the agreement with the International Monetary Fund (FMI) by the end of April, totaling an amount of US$ 1,940 million. The objective is to take advantage of the time to accumulate more reserves in the Central Bank … Read more
The president of Ecuador, Daniel Noboa. Ecuador is negotiating an agreement with International Monetary Fund (IMF) to provide financial stability to the country that could be closed in “the next two or three months,” the Ecuadorian president revealed this Monday, Daniel Noboa. FMI. The head of the Ecuadorian Executive, who gave a speech at the … Read more
The president of Argentina with Gita Gopinath, senior official of the International Monetary Fund (IMF). The Secretary of State of EU, Antony Blinkensaid this Friday that the dollarization plan that the Government of Javier Miley “depends on Argentina«, while expressing his support for the talks between the South American country and the International Monetary Fund … Read more
The president of Argentina with Gita Gopinath, senior official of the International Monetary Fund (IMF). The president of Argentina, Javier Mileyreceived this Thursday in Buenos Aires to the first deputy managing director of the International Monetary Fund (IMF), Gita Gopinathwho traveled to the South American country to personally address the challenges of the economic program, … Read more
The money that the poorest countries need to build schools, build bridges or modernize hospitals is increasingly more expensive and difficult to obtain. Over the last decade, low- and middle-income states have faced a large accumulation of liabilities and, consequently, have made a shift towards less conventional sources of financing that charge more interest, such … Read more
The International Monetary Fund (IMF) renewed the Flexible Credit Line that the Mexican government has contracted for two more years. According to the Ministry of Finance and Public Credit (SHCP) and the Bank of Mexico (Banxico), the Flexible Credit Line is for an access amount equivalent to 26.7381 billion special drawing rights, this is approximately … Read more
Worldwide, there is “a worrying drop” in loans granted by commercial banks to small and medium-sized businesses, warned the International Monetary Fund (IMF). It reported that last year, in three out of four countries that since 2019 have systematically reported data on SMEs’ access to credit, a decrease was recorded, which may be due to … Read more
Vice President Cristina Fernández de Kirchner released a video on her social networks on Thursday in which she insisted that the debt contracted with the IMF during the administration of Mauricio Macri as head of the Executive is “scandalous.” The post of the former president occurs hours after the General Audit of the Nation (AGN) … Read more
From time to time, humanity takes a turn in its commercial organization and as a result of this, the way in which the productive chains and their value are related is also modified. The foregoing could translate into what some economists describe as the life cycle of internationally supported currencies. That is to say, in … Read more