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 instability following the arrest of President Yoon Suk Yeol.
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GDP
German economy enters a possible third year of recession
The German economy experienced its second consecutive year of economic recession in 2024, marked mainly by the crisis of the industrial sector and the export model.
A few weeks before the legislative elections, scheduled for February 23,…
Venezuela’s economy grew 8.5 % from January to September
The president of Venezuela, Nicolás Maduro, indicated this Monday, December 2, that the growth of the Gross Domestic Product during the first three quarters of 2024 was 8.5 %.
Maduro highlighted that the country has completed 14 quarters…
IMF maintains growth forecast for Venezuela in 2025
In its World Economic Outlook report, the International Monetary Fund maintains Venezuela's economic growth projection for 2025 at 3 %.
Although the organization has lowered estimates of growth in the Gross Domestic Product at the end of…
German GDP grows slower than expected
The Federal Statistical Office published the data on Germany's gross domestic product for the third quarter of 2024, confirming slower growth than expected.
According to the statistics office, German GDP in this period stood at 0.1 %,…
China’s GDP grew 4.8 percent from January to September
China's Gross Domestic Product (GDP) grew 4.8 percent from January to September, according to data from the National Bureau of Statistics through its deputy director, Sheng Laiyun.
The official indicated in a press conference that the GDP…
Guyana is the Latin American country that will have the greatest economic growth in 2025
In Latin America, the country that will have the greatest economic growth in 2025 is Guyana, according to the predictions of analysts and organizations such as the World Bank, which projects an expansion of 12.3 %.
On a par with world…
Germany confirms GDP contraction of 0.1 %
Germany's Federal Statistical Office (Destatis) confirmed the 0.1 % contraction of Gross Domestic Product in the second quarter of 2024.
Ruth Brand, president of Destatis, noted that this contraction comes after a slight increase of 0.2 %…
The Fed keeps interest rates between 5.25 % and 5.5 %
This Wednesday, the Fed announced through an official statement that the United States will maintain interest rates between 5.25 % and 5.5 %.
The body indicated that “in considering any adjustment to the price of money, the Committee will…
Peru achieved economic growth of 4 % in April and May
The Minister of Economy and Finance of Peru, José Arista, indicated on Friday, June 14, that the country's Gross Domestic Product (GDP) grew 4 % in April and May.
According to the official, the measures implemented by the government have…
IMF forecasts economic growth of 4 % for Venezuela at the end of 2024
The economic growth forecast of the International Monetary Fund for Venezuela, at the end of 2024, is 4 %. It would be the highest index in the region.
According to the latest IMF report, “World Economic Outlook”, Venezuela's GDP at the…
Brazil’s GDP grew slightly in 2023
The Brazilian Institute of Geography and Statistics (IEBG) reported a slight growth of 2.9 % in the GDP of the South American country in 2023.
According to the information released on Friday, March 1, by the IBGE, the agricultural sector…