Tag: Economic Crisis

A sizeable fiscal imbalance has led Argentina into a new economic crisis, with a sharp loss of purchasing power for the population and a devaluation of the Argentine peso. In 2019, R$1 paid 14.9 pesos. Now it is equivalent to...
RIO DE JANEIRO, BRAZIL - Commodities, one of the most resilient sectors of the financial market this year, are now also being devastated by recession fears. A leading indicator of commodity prices has plummeted since reaching an all-time high...
RIO DE JANEIRO, BRAZIL - Amid Argentina's economic crisis, the country's Economy Minister, Martín Guzmán, resigned from his post on Saturday (2). The announcement was made through a letter published on his Twitter account. The text is addressed to Argentine...
RIO DE JANEIRO, BRAZIL - Sri Lanka's former Prime Minister Mahinda Rajapaksa must fear for his safety and is hiding in a military base. Enraged citizens have set fire to his villa and vandalized it out of anger over...
RIO DE JANEIRO, BRAZIL - "Argentinian? Maradona!" In this way, many times, it has been synthesized how people abroad identify a citizen of the country. For years, the figure of Lionel Messi could have replaced the national seal printed...
RIO DE JANEIRO, BRAZIL - Mexico is facing the "biggest" and above all "most complex" elections in its history due to the pandemic, disinformation and a dangerous political polarization, said on Wednesday the president of the National Electoral Institute...
RIO DE JANEIRO, BRAZIL - Despite vehicle sales in Latin America sliding 25% in 2020 in wake of the worldwide health pandemic and correlating economic crisis, the commercial fleet market fared much better. Based on data acquired from the most...
SÃO PAULO, BRAZIL – The Argentine crisis is having a strong impact on Brazilian Gross Domestic Product (GDP). The reason for this is the forty percent drop in Brazilian exports to Argentina in the first eight months of 2019...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s vehicles exports this year may suffer due to the economic crisis in Argentina, according to Brazil’s National Association of Automobile Manufacturers. "Unfortunately, this year, vehicle exports will not register...

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