Reduces 1.0% population in poverty; 0.3% at risk of being it: BM

Reduces 1.0% population in poverty; 0.3% at risk of being it: BM

Mexico City. In 2023, the Mexican population that lives on the equivalent of $6.85 and is classified in the poverty range will reduce by 1.0%, according to the report Recent trends in poverty and inequality in Latin America and the Caribbean released today by the World Bank. From 2021 to 2023, the segment living under … Read more

Troops, armored vehicles and warships protect the G20 summit in Brazil

Troops, armored vehicles and warships protect the G20 summit in Brazil

Rio de Janeiro. Brazil has deployed troops, armored vehicles and warships to beef up security around the summit of leaders of the Group of 20 major economies, who meet on Monday and Tuesday at the Museum of Modern Art in Rio de Janeiro Bay. Janeiro. Air traffic has been restricted, including the use of drones, … Read more

Risks to financial stability are contained, says IMF

Risks to financial stability are contained, says IMF

Mexico City. Short-term risks to global financial stability remain contained, but the conditions that keep them under control facilitate the accumulation of other vulnerability factors, said the International Monetary Fund. In its Global Financial Stability Report, released today by the multilateral organization, it details that the vulnerability factors are high asset valuations, the global increase … Read more

Monetary policy, the main weapon to contain inflation, defends IMF

Monetary policy, the main weapon to contain inflation, defends IMF

Mexico City. Monetary policy continues to be the main tool to contain inflation, however, implementing alternative policies may imply adverse side effects, said the International Monetary Fund (IMF). “Inflation can increase, but a stricter policy can reduce it quickly,” the agency declared in the document The big squeeze: Perspectives on the recent episode of inflation, … Read more

Forgotten sanctions? France is importing more and more liquefied natural gas from Russia

Forgotten sanctions? France is importing more and more liquefied natural gas from Russia

This article was originally published on English French imports of Russian liquefied natural gas are increasing. Ukraine’s supporters are trying to slow this development. ADVERTISING New analysis of trade data shows that deliveries of Russian liquefied natural gas (LNG) to France more than doubled in the first half of 2024. This development affects not only … Read more

We are prepared for any international economic scenario: Sheinbaum

We are prepared for any international economic scenario: Sheinbaum

Mexico City. In light of the fall in stock markets around the world on Monday, the virtual president-elect, Claudia Sheinbaum, said that “we are preparing for any scenario,” and stressed that in the face of possible global economic impacts, “today we are in a better position to face it, there are international reserves, we are … Read more

Inflation within the US fell to three.3% yearly in Might; higher than anticipated

Inflation within the US fell to three.3% yearly in Might;  higher than anticipated

Washington. 12-month inflation in america fell greater than anticipated in Might, to three.3 % in comparison with 3.4 in April, a aid after the rebound initially of the 12 months, in response to the buyer worth index (CPI) revealed this Wednesday. Knowledge from the Division of Labor present that within the month-to-month comparability, in Might … Read more

The UN estimates that the world economic system will develop 2.7% this 12 months

The UN estimates that the world economic system will develop 2.7% this 12 months

United Nations. The United Nations on Thursday reported an enchancment within the outlook for the worldwide economic system since its January forecast, pointing to a greater outlook in the US and several other giant rising economies resembling Brazil, India and Russia. Based on its mid-2024 report, the worldwide economic system is projected to develop 2.7 … Read more

The present world order, near collapse: ‘The Economist’

The present world order, near collapse: ‘The Economist’

The order that has ruled the world financial system since World Battle II is at the moment on the breaking pointstated the English journal The Economist. A worrying variety of triggers might result in a descent into anarchythe place struggle is as soon as once more the useful resource of the good powers, he warned. … Read more