Browsing Tag

economy

Mexico’s economy shows slow growth

Data from the recent analysis by the Center for Economic Studies of the Private Sector in Mexico (CEESP) indicates that the annual growth rate for the next decade is 1.85 %, due to caution regarding investment and employment. The private…

Bolivia to cut public spending by 30 %

Bolivian President Rodrigo Paz Pereira, along with Minister of Economy José Gabriel Espinoza, announced the comprehensive overhaul of the 2026 General State Budget (PGE), which includes a 30 % cut in public spending. This is the largest…

Venezuela increases national budget for 2026

In Venezuela, the national budget for 2026 has increased fivefold compared to the budget established for the current year. According to information provided by Executive Vice President Delcy Rodríguez, the figure is 5.02 trillion bolivars.…

The bolivar continues to devalue

The bolívar, Venezuela's official currency, continues to experience a marked devaluation that is hitting the population's purchasing power and eroding wages. As of the end of November, the national currency had lost 8.8 % of its value…

IEA raises global oil supply growth

The International Energy Agency's forecasts for global oil supply at the end of 2025 and for 2026 were raised to 3.1 million and 2.5 million barrels per day, respectively. This is reflected in the IEA's recent report on this market,…

Rodrigo Paz was sworn in as president of Bolivia

On Saturday, November 8, centrist politician Rodrigo Paz was sworn in as the new president of Bolivia. He promises a plan called “capitalism for all.” Regarding the presidential election, the second round that gave the new president the…