The rate of population in an extreme famine condition in Latin America has been over given years binding rises on already extremely high bases from the year 2012 at the 8.2-percent minimum, has been passed over twice the digit.
President Alberto Fernández looks east with tight money and insufficient resources – a move that could see major infrastructure projects restarted and Central Bank reserves improved.
Venezuela seems intent on inflating its currency even more. Venezuela has allegedly started a program that the government believes would help the country's crippled economy.
Hours before Greece was supposed to repay € 1.6 billion to the International Monetary Fund, the southeastern European country has asked for a new bailout deal from the eurozone, requesting a two-year € 29.1 billion aid deal from a bailout mechanism set up for eurozone nations.
This week the Mexican peso has fallen to its weakest level to date against the U.S. dollar. This week the Mexican peso fell to its weakest level to date against the U.
Former IMF chief and one-time French presidential hopeful Dominique Strauss-Kahn on Monday told a Lille court that had had taken part in only a dozen sex parties and that he did not know the women present at the events were prostitutes.
Dominique Strauss-Kahn, the former head of the International Monetary Fund and one-time contender for the French presidency, on Monday went on trial for sex charges. Prosecutors accuse Strauss-Kahn of aggravated pimping and involvement in a prostitution ring operating out of luxury hotels.
Latin America’s economy has been symbiotically linked to China’s consumption of its natural resources for decades, and now that China is slowing down its purchases, Latin America’s economy must brace itself for the upcoming blow.
Instead of opting for a long-term support option in the form of a bailout, the country of Ghana is choosing a temporary option to boost the strength of its currency, the cedi, which has been inflating nonstop since being redenominated in 2007
The International Monetary Fund (IMF) has called on the United States to raise the nation's minimum wage. IMF Managing Director Christine Lagarde said a boost in the federal minimum wage would alleviate and raise and incomes of Americans along the poverty line.
The International Monetary Fund released its Regional Economic Outlook report on the Western Hemisphere, and Latin America is expected to see "low" projections. Latin America and the Caribbean's economic activity is forecast to "stay in low gear" during 2014. However, the IMF report stated Mexico will experience economic growth due to the stronger recovery of the United States and "normalization" of domestic factors.
"You can call yourself Republicans ... but don't call yourself Reagan Republicans," Republican Senator John McCain told some of his fellow GOP colleagues Thursday on the Senate floor, according to "Politico."
