In the midst of the COVID-19 pandemic, the International Organization for Migration and the UN Refugee Agency, along with more than 150 agencies and NGOs, are requesting $ 1.44 billion to assist many of the 5.4 million Venezuelans who have left their country and now live in 17 countries in the region. “With the pandemic, … Read more
Institution in a joint press release stated that in the unprecedented conditions of the covid pandemic and the related global economic downturn, the Czech Republic will most likely meet only one of the Maastricht convergence criteria this year, namely the criterion on interest rates. – The criteria of public finances and price stability will not … Read more
Analysts consulted by the Central Bank expect a relevant rise in the cost of living also in 2022. They also foresee that next year GDP will grow again. – The November edition of the Market Expectations Survey (REM), which is the monthly survey carried out by the Central Bank of Argentina to know the forecasts … Read more
The European Central Bank (ECB) logo is pictured before a news conference on the outcome of the meeting of the Governing Council in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski Frankfurt (Reuters) – In view of the expected credit defaults as a result of the Corona crisis, the ECB banking supervisory authority is pushing ahead … Read more
– In view of the persistently grave economic situation, the central bank decided to stick to its extremely relaxed monetary policy. With the BoJ’s decision, Japanese commercial banks can still get money from the central bank almost free of charge. Loans for business investments and for consumers should remain cheap. The third largest economy in … Read more
The prices of clothing, airline tickets and package tours were lower in August than twelve months previously. Partly because of this, inflation was limited to 0.7 percent. This is the lowest inflation in more than 3.5 years, reports the Central Bureau of Statistics (CBS) Tuesday. Airline tickets were no less than 21.6 percent cheaper last … Read more
Jakarta, CNBC Indonesia – Two months in a row Indonesia recorded deflation. The deflationary condition cannot be separated from the sluggish domestic economy due to the Covid-19 pandemic. Bank Indonesia (BI) predicts deflation will still occur this September. In its latest price monitoring survey (SPH), BI estimated deflation of 0.01% (month on month/ mom) will … Read more