As a result of the constant increase in the prices of goods and services, Venezuela could reach an inflation rate of 300 %.
Economists point out that the injection of millions of dollars into the banking sector by the Central Bank of Venezuela has contributed to this inflationary crisis.
According…
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purchasing power
Argentina faces inflation with a new 2,000-peso bill
Argentina will put into circulation in the middle of this year the new 2,000-peso bill, which will become the highest denomination. The purpose is to face the high inflation that overwhelms the nation.
In December 2022, Argentina closed…
Germany could enter a technical recession
Inflation and the energy crisis slowed down the German economy in the fourth quarter of 2022, which could lead to a recession in the first months of the new year, according to data from the Federal Statistical Office released on Monday.…
ECB forecasts “very strong” growth in wages in coming quarters
Wage growth in the coming quarters will be "very strong" compared to historical patterns in the eurozone, according to economists from the European Central Bank (ECB) in an article in the latest bulletin of the institution. In the document,…
Germany is going through one of its worst crisis
The huge loss of purchasing power and high price inflation in Germany for energy are leading the economy into recession and the worst crisis of the last 50 years,
While Marc Schattenberg, of Deutsche Bank Research, predicted a drop in…
Inflation in Venezuela advances 19.6 % in May
Inflation in Venezuela stood at 19.6 % in May, accumulating a level of 2,950 % in the accumulated period of twelve months and 307.3 % so far this year, as reported this Wednesday by the Venezuelan Observatory of Finance.
The coordinator of…
New historic milestone: gold surpassed $ 2,000 per ounce
A few weeks ago in an interview offered by Rodrigo Aguiar, associate trader of Intelinvest Casa de Valores, to the DOBLELLAVE digital media, he indicated that the answer or possible solution to preserve the purchasing power of hard…
T-MEC agreement forecasts economic stability for Mexico
The new North American free trade agreement T-MEC will be ratified by the congress of the United States and Canada that provides a great advantage for the economy of Mexico, as confirmed by the Senate of this country.
After long…
Villalón: The country needs to encourage private production and diversify exports
Venezuela suffers high levels of hyperinflation and recession that have played against economic stability affecting the productive sectors, and consequently, limiting the subsistence capacities of citizens, but this is a problem with…
Venezuela: In 20 years the bolivar has lost eight zeros
The Venezuelan monetary cone has undergone changes in recent years. Below we reproduce an interesting analysis on the subject made by the journalist Enrique Rondón Nieto and that publishes the portal www.radiorumbos.net.
Within the…