Japan left the top 3 of the most powerful economies – 2024-02-19 17:21:06

Japan left the top 3 of the most powerful economies
 – 2024-02-19 17:21:06

For the first time in a long time, Japan was left out of the exclusive top 3 of the most powerful economies on the planet, falling from third place to fourth when it was displaced by Germany, the most powerful in all of Europe. The first and second places were in the same way as … Read more

The Burden of Debt: How High Interest Rates Are Impacting Developing Countries

The Burden of Debt: How High Interest Rates Are Impacting Developing Countries

The money that the poorest countries need to build schools, build bridges or modernize hospitals is increasingly more expensive and difficult to obtain. Over the last decade, low- and middle-income states have faced a large accumulation of liabilities and, consequently, have made a shift towards less conventional sources of financing that charge more interest, such … Read more

IMF renews Flexible Credit Line for Mexico

IMF renews Flexible Credit Line for Mexico

The International Monetary Fund (IMF) renewed the Flexible Credit Line that the Mexican government has contracted for two more years. According to the Ministry of Finance and Public Credit (SHCP) and the Bank of Mexico (Banxico), the Flexible Credit Line is for an access amount equivalent to 26.7381 billion special drawing rights, this is approximately … Read more

The International Monetary Fund (IMF) Warns of Alarming Drop in Loans to Small and Medium-Sized Businesses Worldwide

The International Monetary Fund (IMF) Warns of Alarming Drop in Loans to Small and Medium-Sized Businesses Worldwide

Worldwide, there is “a worrying drop” in loans granted by commercial banks to small and medium-sized businesses, warned the International Monetary Fund (IMF). It reported that last year, in three out of four countries that since 2019 have systematically reported data on SMEs’ access to credit, a decrease was recorded, which may be due to … Read more

Former Argentine President Cristina Fernández de Kirchner denounces “scandalous” IMF loan contracted by Macri administration

Vice President Cristina Fernández de Kirchner released a video on her social networks on Thursday in which she insisted that the debt contracted with the IMF during the administration of Mauricio Macri as head of the Executive is “scandalous.” The post of the former president occurs hours after the General Audit of the Nation (AGN) … Read more

“The Life Cycle of Internationally Supported Currencies: Is the US Dollar Facing Its End?”

From time to time, humanity takes a turn in its commercial organization and as a result of this, the way in which the productive chains and their value are related is also modified. The foregoing could translate into what some economists describe as the life cycle of internationally supported currencies. That is to say, in … Read more

“Ecuador in Talks with IMF for Aid and Reconstruction Funds Amidst Multiple Challenges”

Economy Ecuador currently has three very complex flanks open. The Andean country has been hit by insecurity, political tensions and in recent times also by different natural disasters. And precisely to finance reconstruction and aid plans, Ecuador is in talks with the International Monetary Fund to obtain resources.

Minister of Economy Sergio Massa Scores US$200 Million Loan from IDB for Argentine Health System Improvements

The Minister of Economy, Sergio Massa, achievement this Thursday in Washington his commitment to receive “fresh money” from multilateral organizations of credit by signing a US$ 200 million loan from the Inter-American Development Bank (IDB). The loan was granted a day before Massa meets with the deputy director of the International Monetary Fund (IMF), Gita … Read more

United States: controversy surrounding the visit of Bezalel Smotrich, the Israeli Minister of Finance

With our correspondent in New York, Carrie Nooten Since its release on the eradication of the Palestinian town of Huwara, progressive Jewish groups had called on the Biden administration not to grant Bezalel Smotrich a visa. The White House did not accede to this request, but will not receive it as is customary. Trip wasted … Read more

The IMF ratifies the credit line of Mexico thanks to the responsible management of the 4Ts

I have other data The Finance Secretary and the Bank of Mexicoreported a few days ago that the International Monetary Fund (IMF), ratified it Mexico meets all the qualification criteria necessary to access, if required and without any conditions, the resources of a Flexible line of credit (LC extension) granted in 2021 for a period … Read more