Investors are recalibrating their views on the Federal Reserve’s strategy as the US economy continues to wobble. Some now ponder whether a rate hike, rather than the anticipated cuts, is on the horizon. Fed Chair Jerome Powell has hinted that rate reductions starting in March are improbable, shifting market expectations away from cuts in the […]
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Israel and Spain Boost Defense Trade
Israel holds a prominent position in Spain’s defense trade, ranking sixth in exports and ninth in imports. While Israel primarily exports, their imports from Spain are also rising. In the first half of 2022 alone, authorized sales to Israel increased by 90.97% compared to all of 2021. Last year, Spain purchased defense materials worth EUR […]
Debunking the myth of a bloated public sector: Brazil in an international context
In the midst of administrative reform discussions, a popular viewpoint portrays Brazil’s state apparatus as bloated. Scholars specializing in public service suggest that public examinations need to be revised, existing careers should be reformed, personnel should be adapted to labor market changes, and performance evaluation needs enhancement. Nevertheless, the notion of an oversaturated public workforce […]
Economic Week: Inflation in Chile and Mexico; Brazil’s GDP Insights
This week brings key economic updates from Latin America, impacting consumer price inflation in Chile and Mexico, and GDP growth in Brazil. Let’s dive into why these numbers matter. Chile’s Inflation on the Rise On June 3, Chile will release its Economic Activity Index for April 2024. Analysts predict a 2.3% increase year-on-year, following a […]