Forecasts for 2024 show a global GDP deceleration, expecting growth between 2.1% and 2.7%, with Brazil’s rate anticipated to fall below this average. The U.S.’s monetary tightening and China’s real estate market decline are influencing these predictions. Fitch Ratings foresees the most significant deceleration, while PwC predicts a smaller deficit. Both highlight the slowing of […]
Related Posts
Mexico Invests $6 Million in Next-Gen Armored Vehicle
Mexico’s Defense Secretariat says the DN-XIII armored vehicle will be ready by February 2025. Approved last November, the vehicle has a 15-month development plan. It comes equipped with video cameras, GPS, and 0.50-caliber ballistic shields. Also, it features a rotating turret and all-terrain tires. For development, the Defense Secretariat has set aside $6 million. This […]
Ecuador Navigates Economic Challenges with New IMF Agreement and Fiscal Reforms
Ecuador has embarked on a new chapter in its economic journey. The International Monetary Fund (IMF) recently approved a substantial financial package for the country. This agreement, worth $4 billion, aims to stabilize Ecuador’s economy and promote sustainable growth. The IMF’s decision comes at a crucial time for Ecuador. The country faces numerous economic hurdles, […]
Nigeria’s Government Overhaul: A New Direction Under President Tinubu
President Bola Ahmed Tinubu has initiated a comprehensive reshuffle of Nigeria’s cabinet, aiming to improve government efficiency and tackle economic challenges. This move includes significant changes across various ministries and personnel, reflecting Tinubu’s strategic vision for the country’s future. The Ministry of Tourism has merged with the Ministry of Arts and Culture, forming the new […]