Charting the Global Economy: Euro-Area Recession Looks Likely
A recession in the euro area is looking increasingly likely as the economic downturn persists in the final
2023-11-25 18:21
Argentina Dollarization Is Medium-Term Goal, Caputo Tells Bankers
The government of Javier Milei won’t lift currency controls immediately after taking office on Dec. 10, while keeping
2023-11-25 06:58
Lagarde Says ECB Can Now Observe Impact of Its Rate Hikes
The European Central Bank is now at a point where it can pause and assess the impact of
2023-11-25 00:25
Wall Street Cheers as Milei Swaps Dollarization for Macri Brass
In the blink of an eye, Argentine President-elect Javier Milei pivoted away from advisers advocating for his most
2023-11-24 23:28
Mexico’s Economic Growth Beats Estimates With Upward Revision
Mexico’s economy expanded more in the third quarter than preliminary data suggested, lifted by surging exports to the
2023-11-24 20:27
China’s Belt and Road Eyes Smaller Projects, More Use of Yuan
China said it would prioritize small projects and push for greater use of the Chinese currency through its
2023-11-24 15:47
Japan’s Factory PMI Drops to Nine-Month Low Amid Demand Worries
Activity in Japan’s factory sector has deteriorated to the worst level since February, adding to fears of a
2023-11-24 12:16
Sri Lanka Cuts Rates to Spur Economy as Debt Plan Awaited
Sri Lanka cut its benchmark rate for a fourth time this year to help support the economy’s turnaround
2023-11-24 10:51
Xi Tolerance for Property Pain Nears Limit as Rescue Takes Shape
China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance
2023-11-24 09:56
Japan Inflation Quickens, Fueling Speculation Over BOJ Shift
Japan’s key inflation measure accelerated for the first time in four months, going against the Bank of Japan’s
2023-11-24 08:29
Oil Holds Decline as OPEC+ Dispute Clouds Outlook for Production
Oil held a decline after the OPEC+ alliance was forced to delay a critical meeting amid a dispute
2023-11-24 08:20
Milei’s Economic Team Led by Former Head of Argentina Central Bank
Argentina’s former central bank chief Luis Caputo, who helmed the monetary authority during part of Mauricio Macri’s government,
2023-11-24 02:26