The Government of Chile, through the Ministry of Finance, improved its forecasts in relation to the growth of the country's Gross Domestic Product (GDP) in 2023, which, according to its estimates, will expand by 0.3 % at the end of the year compared to the 0.7 % drop expected in the last Public…
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Economic recession
Apple could cancel the production of iPhone SE 4
The technology giant Apple would be considering suspending, or at least delaying, the production of the new iPhone SE 4. The reasons would be the fear of a recession in 2023 and to reduce costs.
According to analyst Ming-Chi Kuo,…
The United States managed to get out of the recession
The Gross Domestic Product (GDP) of the United States experienced an increase of 0.6% in the third quarter of 2022, according to the first estimate of the data published this Thursday by the US government's Bureau of Economic Analysis…
The euro loses parity with the dollar again
The price of the euro against the dollar briefly fell below parity this Monday in view of the prospects that point to a growing risk of recession in the euro zone and the expectation that at the end of this week they will meet in Jackson…
US inflation was subdued
The year-on-year inflation rate in the United States stood at 8.5 % last July, six tenths below the 9.1 % observed in June and the lowest rise in prices since last April, according to the United States Bureau of Labor Statistics.
The…
Euro reaches parity with the dollar
The price of the euro against the dollar continues to weaken, and is increasingly closer to parity with the American currency, something that has not happened since 2002, given the growing fears that the eurozone will enter a recession…
Brazil’s GDP recovers in 2021 and comes out of recession
The Gross Domestic Product (GDP) of Brazil grew by 4.6% in 2021 compared to the previous year, after having registered a positive year-on-year variation of 1.6% in the last quarter of the year, according to data released by the Brazilian…
Bolivia presents a sharp decline in its economy
The Bolivian Minister of Economy, Marcelo Montenegro, confirmed that the country is experiencing a sharp decline in its finances, and that it has also fallen into recession.
The minister indicated that the administration of Jeanine Áñez…
Japanese economy contracts 0.9 % the first quarter of this year
Japan entered a phase of economic recession, greater than last year, after reaching 0.9 % in the first quarter of 2020, as reported by official sources on Monday.
"We think that the worst is yet to come, with the state of emergency in…
UN commits to sustainable development in Latin America
The meeting of the organization focuses on Latin America's compliance with the Sustainable Development Goals (SDGs), which were agreed in 2015 by 193 world leaders to reduce poverty and inequality by 2030.
The 17 objectives set by the…