Economics
Key Developments
The virus continues to depress aggregate demand across most OECD economies.
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The virus continues to depress aggregate demand across most OECD economies.
Since November 2011, Argentina has lived with financial restrictions except for three and a half years, from the beginning of 2016 to September 2019. The perspective is that it will have many more years of exchange restrictions, at least during the entire government of Alberto Fernández.… Read the rest
The first high-level talks between Chinese officials and the new US administration have been held. In Italy, Mario Draghi’s new cabinet could be announced. After the first round of Ecuador’s presidential election, it is still unclear who came in second. South Africa’s president will deliver his annual State of the Nation speech.… Read the rest
With 97.85% of votes cast in the 7 February presidential election now counted, Andres Arauz of the leftist Union for Hope (UNES) coalition has won 32.16% of the vote. Yaku Perez of Pachakutik, the political arm of the Confederation of Indigenous Nationalities of Ecuador (Conaie), is second with 19.86%, just ahead of Guillermo Lasso of the center-right Creating Opportunities (CREO) party, who is on 19.59%.… Read the rest
This week, a tense vote count in Ecuador will determine who should go into an April presidential run-off vote against the leftist Andres Arauz. Politically delicate wage talks get underway in Argentina amid concern over inflationary pressures and renewed anti-business rhetoric from the government.… Read the rest