During a meeting held on Monday, January 19, with the "Mining and Basic Industries Engine," Venezuela's interim president, Delcy Rodríguez, announced a plan aimed at increasing gold production.
The official referred to mining as an "important pillar in the growth of the Gross Domestic Product…
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GDP
Bolivia’s GDP could contract in 2026
In its recent projections for 2026, the World Bank indicated that Bolivia could experience a 1.1 % contraction in its GDP.
According to the international institution, the nation could experience the steepest decline in Latin America, due…
Eurozone economy grows 0.3 % in the third quarter
The European statistical agency, Eurostat, published data on the eurozone's economic growth in the third quarter of the year, placing it at 0.3 percent.
"Compared to the same quarter of the previous year, seasonally adjusted GDP increased…
Emerging markets projections for 2026
With just a few days left in 2025, emerging markets remain the focus of investors' attention, who see significant economic potential in these subregions.
Focus Economics analysts have studied the situation in each group of countries,…
Putin estimates GDP growth of 1 % by the end of 2025
Russian President Vladimir Putin's estimate for Gross Domestic Product growth by the end of 2025 is 1 %, compared to 4.1 % in 2024.
According to the Russian leader, the nation's inflation will remain stable, not exceeding 6 %, which is…
Hydrocarbons sector contributes 17 % of Venezuela’s GDP
During a meeting with the Council of Vice Ministers of Hydrocarbons and the president of PDVSA, Héctor Obregón, Venezuelan Vice President Delcy Rodríguez stated that the hydrocarbons sector contributes 17 % of the national GDP.
Rodríguez…
Venezuelan president projects 9 % GDP growth in 2025
Nicolás Maduro, President of Venezuela, indicated last week that the country could close out 2025 with a 9 % GDP growth rate.
The president's projection is based on the expansion the nation registered during the second quarter of this…
Brazil reduced its fiscal deficit to 7.56 % of GDP in May
In May, Brazil's fiscal deficit narrowed to 7.56 % of accumulated Gross Domestic Product over the last 12 months, according to the Central Bank's report released Monday.
"In May alone, the consolidated nominal public sector deficit of…
Spain will experience accelerated economic growth until 2030
The International Monetary Fund's economic growth forecasts for Spain are expected to be higher than those for the Eurozone until 2030, thanks to positive deficit and debt forecasts.
In its World Economic Outlook report, the IMF predicts…
IMF cuts GDP growth projection for Latin America and the Caribbean
The International Monetary Fund estimated a slowdown in GDP growth for Latin America and the Caribbean in 2025, according to the organization in its World Economic Outlook report, released last week.
This cut is primarily due to a 0.3 %…
Italy cuts growth forecast to 0.6 % in 2025
The Italian government, through Economy Minister Giancarlo Giorgetti, announced the reduction in its GDP growth forecast to 0.6 %.
"The forecast is contained in the Public Finance Document, the first text with macroeconomic forecasts for…
South Korea cuts interest rates to 2.75 %
Last week, the Bank of South Korea announced a cut in the country's growth forecasts, as well as a reduction in interest rates to 2.7 % with the intention of boosting the economy in the face of US taxes and dealing with political…