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Analysis-Argentina’s Peronists seek rebirth from ashes of economic crisis

Analysis-Argentina’s Peronists seek rebirth from ashes of economic crisis

3/3 © Reuters. FILE PHOTO: Argentina’s Economy Minister and presidential pre-candidate Sergio Massa speaks during an event at the CGT (General Confederation of Labor) headquarters, in Buenos Aires, July 19, 2023. REUTERS/Agustin Marcarian/File Photo 2/3 By Nicolás Misculin BUENOS AIRES (Reuters) – Peronism is dead. Long live the Peronists. Argentina’s main political force for decades,…

Top investors warn of prolonged high interest rates and economic instability

Top investors warn of prolonged high interest rates and economic instability

Leading financial figures have raised concerns about the potential for continued high-interest rates and the resulting economic instability. At an investment summit on Tuesday, THL co-CEO Scott Sperling discussed the challenges posed by soaring interest rates and cautious consumer behavior. Despite anticipating a turbulent economy over the next 15 to 18 months, Sperling identified promising…

Georgia’s central bank leader to revive $289 million IMF program

Georgia’s central bank leader to revive $289 million IMF program

Today, Natia Turnava, the pioneering female head of Georgia’s central bank, expressed her determination to revive a stalled $289 million International Monetary Fund (IMF) program. The announcement was made during an international news interview on Thursday, Nov 09, 2023. This urgency is driven by the economic repercussions of Russia’s invasion of Ukraine on Georgia’s $30…

Islamabad finance ministry to remain open for IMF talks despite public holiday

Islamabad finance ministry to remain open for IMF talks despite public holiday

In a move to facilitate crucial discussions with the International Monetary Fund (IMF), Islamabad’s Finance Ministry will stay open on November 09, 2023, despite it being a public holiday, Iqbal Day. A directive from the Secretary Finance has necessitated officer attendance for these pre-scheduled IMF meetings. The talks are centered around the first review of…