Browsing Tag

pandemic

Inflation in Brazil accelerated by 0.93 % during the month of March, which is the highest figure for this month since 2015 when the national price index stood at 1.32 %, according to the Brazilian Institute of Geography and Statistics (IBGE in Spanish). So far this year, inflation in the South…
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Maduro announced new economic measures

The president of Venezuela, Nicolás Maduro, released a series of economic announcements that will seek to combat the situation generated by the coronavirus. From the Miraflores Palace, in Caracas, the national president indicated that some…

IMF announces debt relief for several countries

This week, the International Monetary Fund (IMF) announced the extension of debt relief to more than 28 countries in a terrible economic situation, and that have also been severely affected by the coronavirus. Initially, the Trust for…

Tourism contribution to world GDP falls by half

The World Travel and Tourism Council (WTTC) revealed through a report the figures released of the contribution that the tourism sector offers to the world Gross Domestic Product (GDP) showing a fall of 49.1 % in 2020, the half of the…

UK GDP grew 1.3 % at the end of 2020

The Gross Domestic Product (GDP) of the United Kingdom registered an expansion of 1.3 % in the fourth quarter of 2020, which represents an increase of three tenths compared to the previous estimate, according to the National Statistical…

Apple’s WWDC 2021 to be held in June

Apple announced that its annual WWDC2021 developer conference will be held from June 7 to 11, with an entirely online format, repeating the format adopted in the 2020 edition on the occasion of the coronavirus pandemic. WWDC shows the news…

Facebook announces F8 developers event

Facebook decided to resume the annual developer event, known as the F8, for next June 2 in a single day and digitally. The technology company decided to "return F8 to its roots", as noted by the vice president of platform associations,…

Colombia January unemployment rate was 17.3 %

Colombia's unemployment rate stood at 17.3 % in January, compared to 13 % in the same month the previous year, with a total of 4.16 million unemployed people in the Andean country during the first month of the year, according to data…

Japan’s GDP declines after 12 years

The Gross Domestic Product (GDP) of Japan, the world's third largest economy, registered an annual contraction of 4.8 % in 2020, the first since the 2009 financial crisis, despite the 3 % expansion observed in the last three months of the…

Recovery of Latin America could start in 2023

The new waves of contagion in Latin America and the Caribbean threaten to frustrate the chances of recovery in several economies in the region, which in an uneven reactivation would not return to levels prior to the crisis until at least…

Argentina and the IMF want an agreement before May

The spokesman for the International Monetary Fund (IMF), Gerry Rice, said that the Washington-based institution will do everything possible to reach a debt agreement with Argentina before May, as suggested by Argentine Economy Minister,…