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Economy & Business - November 2021
CARIBBEAN: The talking goes on
In our October issue [EB-21-10] we reported in brief on the call by United Nations (UN) Secretary General António Guterres to address the developing crisis of debt distress, which he described at the 15th session of the UN Conference for Trade and Development (Unctad) as the “dagger through the heart of global recovery”. In any discussion of over-indebtedness, the Caribbean nations feature heavily, and back in March 2021 the UN was forthright in its warning that “the severe fiscal impacts of the [Covid-19] crisis are triggering debt distress in a growing number of countries”. Such warnings and calls for action have continued, but so far with little concrete result.
- López Obrador sends down contentious electricity reform
- ECUADOR-COLOMBIA: US seeks to rival China’s Belt and Road programme
- ECUADOR: Looking to flexibilise labour regulations
- VENEZUELA: Some signs of recovery
- BOLIVIA: Money laundering bill withdrawn following protests
- ECONOMIC HIGHLIGHTS
- CHILE: Economic plans of the top four politicos
- BRAZIL: Big Petrobras profits draw greater scrutiny
- ARGENTINA: Economic policy depends on election results
- ECONOMIC HIGHLIGHTS
- COSTA RICA: Falling fiscal deficit earns praise from IMF
- PANAMA: Cortizo faces criticism after coming up short on transparency pledges
- CARIBBEAN: The talking goes on
- CARIBBEAN POINTERS
- ECONOMIC HIGHLIGHTS
- MEXICO: Inflation continues to rise
- MEXICO: Gas distributors stage protests
- MEXICO: Move to legalise imported used cars proves contentious
- ECONOMIC HIGHLIGHTS