In its updated World Economic Outlook report, released on Tuesday, the international organization has abandoned its previous contraction forecast and now expects the Mexican economy to grow by […]
Economy
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IMF Upgrades Economic Forecast for Mexico
With the escalation of tariffs reduced compared to its peak in April, the International Monetary Fund (IMF) has upgraded its growth forecast for the Mexican economy as well […]
Economy
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IMF Upgrades Growth Outlook for Emerging Economies in 2025, Citing Improved Prospects for China
The International Monetary Fund (IMF) has raised its economic growth projections for emerging and developing economies, increasing its forecast for this year from 3.7% to 4.1%. This adjustment […]
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U.S. Dollar Trading at 7.67 Guatemalan Quetzales Amid Economic Uncertainty
At the start of trading on this date, the U.S. dollar was valued at 7.67 Guatemalan quetzales on average, representing a 2.37% increase from the previous session’s rate […]
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Canadian Tourism Sector Outpaces National Economic Growth
In 2024, the tourism sector contributed CAD 50.8 billion to Canada’s GDP, representing 1.8% of total economic output. This marks a 3.6% increase compared to the previous year, […]
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Spanish Economy Maintains Momentum Amid Trade Tensions
Spain’s gross domestic product (GDP) expanded by 0.7% between April and June, exceeding the previous quarter’s growth rate of 0.6%, according to preliminary figures released by the National […]
Economy
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Mexico’s GDP economic outlook remains stagnant, says IMF
The International Monetary Fund (IMF) expects Mexico’s GDP to grow by only 0.2% this year, which represents stagnation, explained Petya Koeva, deputy director of economic research at the […]
Economy
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IMF upgrades global economic outlook due to modest de-escalation of trade tensions
“Tenuous resilience amid persistent uncertainty”—this phrase aptly describes the latest World Economic Outlook report from the International Monetary Fund (IMF). While such titles sometimes age poorly, the global […]
Economy
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Gërxhaliu: The enormous economic damage and the ease of experimenting with the state are a disgrace
The failure to constitute the Kosovo Assembly and form a government since the elections of February 9, 2025, is causing significant economic harm, assessed economist Safet Gërxhaliu. In […]
Economy
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Inflation and Economic Uncertainty Influence Back-to-School Spending Cuts
Summer holidays are still ongoing, yet the beginning of the academic year is rapidly approaching. With the back-to-school shopping period gaining momentum, financially cautious consumers are reducing their […]