Sergio Massa, Argentina’s Economy Minister, attributed the country’s 12.4% inflation rate in August to IMF policies, including the devaluation of the peso. Massa spoke at a meeting in Buenos Aires. He announced an investment package of 4.8 billion pesos ($13.7 million) for industrial parks. He said a strong peso and more exports could fight inflation. […]
Related Posts
Brazil Advances with Cybersecurity Reforms
Brazil has launched its National Cybersecurity Policy (PNCiber), aiming to securely guide cyber and virtual activities. President Luiz Inácio Lula da Silva signed the decree, marking a significant step in national security. This policy introduces the National Cybersecurity Committee (CNCiber) to oversee and update
Brazilian Retail Confidence Holds Steady Amid Economic Headwinds
Brazil’s retail sector shows resilience as confidence levels stabilize in October 2024. The National Confederation of Commerce, Goods, Services, and Tourism (CNC) reports that the Retail Entrepreneurs Confidence Index (ICEC) remained steady at 112.2 points, breaking a five-month decline streak. The index saw a slight 0.5% decrease compared to October 2023. However, expectations for strong […]
Bangladesh’s Political Quagmire: Hasina’s Disputed Departure Sparks Unrest
Bangladesh faces political turmoil following Prime Minister Sheikh Hasina’s uncertain departure. Doubts about her formal resignation have sparked calls for fresh elections amid economic instability. Hasina’s 15-year rule ended abruptly on August 5, 2024, when she fled to India amid intense student protests. President Mohammed Shahabuddin announced her resignation that evening. However, he later told […]