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The President of the Central Bank of Chile, Rosanna Costa, recently announced that the country’s benchmark interest rate will decrease faster than expected, possibly ending the year around 8%. In an interview with national newspaper El Mercurio, she outlined that despite the macroeconomy progressing as predicted, inflation rates are falling at a quicker rate. As […]
On January 26, 2024, France’s Prime Minister Gabriel Attal declared that France would disapprove of the EU-Mercosul (Mercosur) trade deal. This announcement is a response to French farmers’ protests against the current administration’s policies under President Emmanuel Macron. The farmers, upset by increased fuel taxes affecting agriculture, have been actively protesting across France. Critics assert […]
Colombia’s unemployment is down to single digits. In July, Colombia’s unemployment was 9.6%, a 1.4 percentage point decrease from 11% last year, says the National Administrative Department of Statistics DANE. They also reported a global participation rate increase of 1.3 percentage points to 64.8% from 2022’s 63.5%. The employment rate rose by 2.1 percentage points […]
