Economy
:quality(70):focal(1665x1175:1675x1185)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/4QIX7SENDZFBDL5UXQGO2HEBTE.jpg "US Recession Almost Inevitable, and It Will Hurt, Nobel Laureate in Economics Warns")
US Recession Almost Inevitable, and It Will Hurt, Nobel Laureate in Economics Warns
During a recent visit to Brazil, David Card spoke to Bloomberg Línea and warned of the effects of a slowdown in the labor market with salaries disengaged from inflation
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/TOXRXGFB5JG7VA3XM3I52SOBNI.jpg "Argentina’s Economy Flatlined in July as Inflation Spiked")
Argentina’s Economy Flatlined in July as Inflation Spiked
Manufacturing and construction posted monthly declines while tourism and mining registered gains in July
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/ZFFQN5CEKJDXBNQJ2UHGTBA4T4.jpg "Eco Week: Mixed Data Expected in LatAm Prices, Euro-Area Inflation Will Test the ECB")
Eco Week: Mixed Data Expected in LatAm Prices, Euro-Area Inflation Will Test the ECB
This is a wrap of what’s coming up in the global economy
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/T7KXZRHLYJGUFDTAT2RGSXHFLE.jpg "11 Charts to Dig the Global Economy: US Leads Rate Hikes, Mexico with Minimal Room")
11 Charts to Dig the Global Economy: US Leads Rate Hikes, Mexico with Minimal Room
The US Fed headlined a marathon week of interest-rate hikes, which also stretched to central bankers in Taiwan, Sweden and Mongolia
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/OL43ET3JTVFOLCFQS3BW5ZLOPU.jpg "Latin America’s Contribution to Global GDP Declines By One-Third Over the Past Decade")
Latin America’s Contribution to Global GDP Declines By One-Third Over the Past Decade
The reason for the region’s decline in its share of global output is due in part to the contraction of Brazil’s contribution
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/LUZ3JUHJAFEMDM3UALMJO5ZEVM.jpg "How Argentina’s Proposal to Allow Entry of ‘Undeclared’ Dollars Divides Opinion")
How Argentina’s Proposal to Allow Entry of ‘Undeclared’ Dollars Divides Opinion
In the government’s 2023 budget proposals, non-declared US dollars could enter the country for the payment of imports and for purchasing residential property, an idea celebrated by some and criticized by others
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/BFBEIIVAV5ATVLOBUV3V2LQYUI.jpg "Eco Week: Fed Leads Assault on Inflation; Brazil, Mexico, Colombia to Report Key Data")
Eco Week: Fed Leads Assault on Inflation; Brazil, Mexico, Colombia to Report Key Data
This is a wrap of what’s coming up in the global economy
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/UOYWB5OIAJEORPEJEL4GGDTPOY.jpg "What Sergio Massa Needs to Defeat Argentina’s Economic Crisis")
What Sergio Massa Needs to Defeat Argentina’s Economic Crisis
IMF Managing Director Kristalina Georgieva praised Massa’s “strong steps” to stabilize the economy
:quality(70):focal(3614x1186:3624x1196)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/6SSLDUSA2FD4NDIBOT4HMIH7TA.jpg "Eco Week: US Inflation Will Guide Fed’s Next Hike, LatAm’s Woes Continue")
Eco Week: US Inflation Will Guide Fed’s Next Hike, LatAm’s Woes Continue
The week will also provide an update on Latin America’s hottest economy as Colombia posts July reports on retail sales, manufacturing and industrial production
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/5EO35PQXUA5W7J3KUATA2UUJV4.jpg "12 Charts to Dig the Global Economy: ECB Joins Rate-Hike Club, Mexico Inflation Misery")
12 Charts to Dig the Global Economy: ECB Joins Rate-Hike Club, Mexico Inflation Misery
Mexico’s annual inflation surged to the fastest pace since late 2000 in August even as US price growth begins to ease