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Argentina spending cuts aim to ease primary deficit

Location:

ARGENTINA

Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…

Economic uptick may not spell recovery in Brazil

Location:

BRAZIL

Indicators bottomed out after April. Most economists now expect GDP to contract by 5.5-6.0% this year, a severe blow to an economy that had yet fully to recover the ground lost in…

Prospects for Argentina in 2020

Location:

PROSPECTS 2020

Prospects for Argentina in 2020.

Inflation adds to Brazil’s multiple economic woes

Location:

BRAZIL

This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…

Pandemic will increase El Salvador financing needs

Location:

EL SALVADOR

The second quarter will almost certainly be worse. COVID-19 containment measures have hit consumption and investment while a US slowdown in the first half of the year has weighed…

Consumer debt risk becomes Russian political dilemma

Location:

RUSSIA

Rising consumer debt in Russia.

Pandemic fallout to drive deep recession in Belize

Location:

BELIZE

Quarantine measures coupled with prolonged dry weather conditions, which have affected energy production and agriculture, have taken a substantial toll on growth already this…

Prospects for Argentina in 2023

Location:

PROSPECTS 2023

Prospects for Argentina in 2023.

More money will boost World Bank's development role

Location:

INTERNATIONAL

Spending the World Bank capital increase