(Credit: Syldavia/iStock by Getty Images) December 6, 2024/IMFBlog By Ilan Goldfajn and Rodrigo Valdés Violent crime and insecurity have a disproportionate impact on Latin America and the Caribbean, with severe consequences for socioeconomic development. Despite representing just 8% of the world’s population, the region accounts for nearly one-third of global […]
OPINION/EDITORIAL
Oil Prices Under Pressure Despite OPEC+ Decision
December 6, 2024/Oilprice.com Michael Kern Editor, Oilprice.com Despite OPEC+ postponing its planned production increases until 2025, oil prices remain under pressure due to demand uncertainty. In a widely anticipated move, OPEC+ postponed its planned supply increases by another quarter, now pledging to start unwinding output cuts from April 2025 onwards. […]
Mining and Quarrying Sector on a Recovery Path
December 6, 2024/CSL Research The recently released GDP report for Q3 2024 reveals that the mining and quarrying sector contributed 7.72% to the overall GDP, reflecting a slight decline of 0.6% from its 8.32% contribution in Q3 2023. However, this marks a notable increase of 3.00% compared to the sector’s […]
