The economic consequences of the weather phenomenon known as El Niño can persist for several years and cost trillions in lost income around the world,
As researchers from Dartmouth College emphasize in the journal Science, in the years in which it occurs, the strip of warm ocean water that…
Read More...
Browsing Tag
World economy
Deterioration of the world economy will bottom out
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, expressed confidence that the deterioration in global economic activity will bottom out this year and that growth will accelerate again in 2024.
"Our…
JP Morgan presents projections of the world economy for 2023
The expected projections for the world economy in 2023 from JO Morgan Chase & Co. have been published. The main news points to a stabilization of the markets despite the slowdown in economic growth.
US bank analysts estimate a decline…
Entrepreneurs will turn Ibero-America into a more sustainable region
At the end of the fifth edition of the Business Council Alliance for Ibero-America Congress (Ceapi in Spanish), held in the Dominican Republic from June 1st to 2, Ibero-American businessmen have committed to building a more sustainable,…
Cloud migration to stay in the market
In 2020 thousands of large and small companies had to migrate to the cloud to stay active. It was either that or close its doors due to the high demand for e-commerce that was catapulted by the Covid-19 pandemic.
Buying and selling over…
Goldman Sachs forecasts rise in global oil demand
Goldman Sachs estimates that oil demand will continue to rise in 2022, reaching a record level, largely thanks to fuel requirements for the transportation and aviation sectors, if the gradual reopening of the borders is taken into account.…
Stocks of the world keep another month of profit
Various forecasts hold that world stocks will go into their fourth consecutive month of gain, showing that the world economy is on a steady recovery path.
MSCI's broader index of world stocks rose 0.1 %, stepping the indicator toward a 1.4…
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…
Oil demand will recover by 2023
Global oil demand will not recover the levels observed before the pandemic until 2023, according to projections by the International Energy Agency (IEA), who warned about the possibility that the oil market "never returns to normal" before…
World Bank calls to avoid extension of debt crisis in Latin America
This Tuesday, the president of the World Bank, David Malpass, reported that the crisis and financial climate that has occurred this last year has led the organization to fulfill the responsibility of raising the world's economies,…