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Costa Rica’s economy will shrink 3.6% in 2020 due to COVID-19, according to Central Bank
Costa Rica
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Costa Rica
497 views

Costa Rica’s economy will shrink 3.6% in 2020 due to COVID-19, according to Central Bank

María Flórez-Estrada Pimentel / Semanario Universidad - April 25, 2020

Costa Rica's Gross Domestic Product (GDP) — that is, the total value of goods and services produced in a year — is expected to decrease by 3.6%…

Economists close in on spotting future recessions
Business
1698 views
Business
1698 views

Economists close in on spotting future recessions

Noah Smith | Bloomberg View - January 27, 2016

One thing you hear repeated over and over in the economics press is that economists can't predict recessions. This is true. The best forecasting models that economists…

Latin America to stagnate on Venezuela, Brazil, World Bank says
Business
1903 views
Business
1903 views

Latin America to stagnate on Venezuela, Brazil, World Bank says

David Biller | Bloomberg - January 6, 2016

RIO DE JANEIRO - Latin America's economy will stagnate in 2016 as commodity-dependent countries such as Brazil and Venezuela drag down the entire region, offsetting a positive…

Brazil heads for worst recession since 1901, economists forecast
Brazil
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Brazil
2230 views

Brazil heads for worst recession since 1901, economists forecast

David Biller | Bloomberg - January 4, 2016

RIO DE JANEIRO – Brazil's economy will contract more than previously forecast and is heading for the deepest recession since at least 1901 as economic activity and confidence…

Europe, US markets rally on China rate cut
Business
1486 views
Business
1486 views

Europe, US markets rally on China rate cut

Roland Jackson and Bill Savadove | AFP - August 25, 2015

LONDON – European and U.S. shares rebounded on bargain-hunting Tuesday as China cut interest rates after fears of a slowdown in the world's second-biggest economy sparked a "Black…