The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, considered it incorrect to increase public spending to deal with inflation, for which she invited countries to take measures to support the most vulnerable, in order to prevent the fiscal fuels the rise in prices.…
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economy
August inflation in Venezuela was 17.3 %
Inflation in Venezuela registered an increase of 17.3 % in August compared to the previous month, which represents the highest price variation in the last 12 months, according to data published by the Venezuelan Finance Observatory.
With…
Pakistan advocates economic self-sufficiency
Miftah Ismail wondered at a press conference on Pakistan Television, collected by the state agency APP, how the government can speak of real freedom without achieving economic self-sufficiency.
In this regard, the minister declared that…
Conservative Liz Truss to succeed Boris Johnson in the UK
Liz Truss will be the new Prime Minister of the United Kingdom from this Tuesday, after winning the recent elections with 81,326 of the votes.
The results have been announced this Monday despite the fact that they were already known since…
Mexico recovered its economic level
The Mexican president, Andrés Manuel López Obrador, assured that the country has recovered the economic levels prior to the Covid-19 pandemic.
This was maintained during a rendering of accounts of what has been carried out by his Executive…
German financial regulator toughens rules to prevent fraud
Bafin president Mark Branson said Thursday that the rules have been changed to prevent fraud. "The purpose of the service directive for the private financial transactions of Bafin employees (...) is to avoid any appearance of misuse of…
Eurozone faces a moderate recession
The economy of the Eurozone is facing a slowdown after the strong rebound in growth experienced, which could even become a "moderate recession", but far from a crisis scenario like that of 2008, according to the chief economist of the…
Inflation in the Eurozone stood at 9.1%
The year-on-year inflation rate in the euro zone stood at 9.1% in August, compared to the 8.9% registered in July, which represents the highest increase in prices in the euro region in the entire historical series and more than four times…
Twitter calls Musk’s attempt to stop the purchase invalid
The social network Twitter called "invalid and illicit" the new attempt by tycoon Elon Musk to scrap his acquisition of the company, after he cited complaints from the former head of Twitter security to add to the list of reasons to cancel…
Russian economy will contract by 3%
The Russian Government estimates that its economy will register a contraction of less than 3% during 2022, while the fall for next year will be less than 1%, according to the latest perspectives released by the country's deputy prime…
ECLAC improved growth forecasts for Latin America
ECLAC indicated this Tuesday that the growth projection for Latin America and the Caribbean went from 1.8 to 2.7 %, which shows a slight increase. The agency gave details of GDP expansion on Tuesday when announcing forecasts for economic…
CBV applies strategies to stop the rise of the dollar
The Central Bank of Venezuela (BCV in Spanish) is working on applying measures that seek to prevent the escalation of the dollar against the bolivar.
The board of directors of the Venezuelan institution wants to avoid a greater impact on…