The President of the United States Federal Reserve (Fed), Jerome Powell, warned of the risks to the economy in the event of falling short or exceeding interest rates, while warning that the path to returning inflation to the 2 % target will likely "take a while" and be "bumpy," because monetary…
Read More...
Browsing Tag
economic measures
UK Prime Minister resigns
The Prime Minister of the United Kingdom, Liz Truss, has announced her resignation, which she has already notified King Charles III, although she will remain at the head of the Government until a replacement is chosen.
"It is the best…
Maduro announced new economic measures
The president of Venezuela, Nicolás Maduro, released a series of economic announcements that will seek to combat the situation generated by the coronavirus.
From the Miraflores Palace, in Caracas, the national president indicated that some…
Greece announces measures to protect employment and tax relief
During a meeting held this Saturday with a group of businessmen, Greek Prime Minister Kyriakos Mitsotakis announced a package of measures that seeks to face the negative effects of the coronavirus pandemic on the national economy.…
Spain creates fund to rescue viable companies
Spain will create a fund endowed with the rescue of companies with solvency problems and a new line of guarantees to support bank loans of up to 40,000 million euros, about US $ 45,000 million, to boost business investment.
The initiative…
Argentine companies must sell their savings before requesting foreign currencies
The Central Bank of Argentina issued, this Thursday, May 28, a resolution specifying that companies established in the country must dispose of their assets acquired abroad to cover the debts they obtain with an international supplier and be…
G7 will seek to strengthen the global economy
The G7 Ministers of Economy and Finance expressed their willingness to take measures, including those of a fiscal nature when appropriate, in support of the economy in response to the coronavirus, while the central banks of these countries…
Macri announces “relief measures” for Argentina
Argentine President Mauricio Macri announced on Wednesday a package of "relief measures" from which millions of workers and their families will benefit in an effort to mitigate the economic situation in the country, and thus recover support…
President of Venezuela announces economic measures
On Monday, Venezuelan President Nicolás Maduro presented his annual message to the National Constituent Assembly. During the ceremony he announced the new economic measures for the period 2019-2025.
As the main measure of its management…
Ibrahím Velutini analyzes economic measures in Venezuela
During the first half of September, the National Executive announced the launch of a series of measures framed in an "Economic Recovery Plan", which aims to improve the financial stability of the nation, as announced by President Nicolás…
Maduro decreed new economic measures
Last Friday night, prior to the start of the monetary reconversion, Venezuelan President Nicolás Maduro made new announcements in economic matters highlighting the increase in the minimum wage, which went from current Bs. 3,000,000 to BsS.…