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Latin America’s Shifting Demographics Could Undercut Growth

(Credit: andresr /istock by GettyImages) April 23, 2024/IMFBlog By Gustavo Adler, Rodrigo Valdés Latin America’s workforce grew by nearly 50 percent in the two decades before the pandemic, helping boost economic growth. Now demographic trends are turning, and likely to weigh on growth in the coming years. We expect growth in […]

Oil Takes a Breather as Geopolitical Risk Eases

April 23, 2024/Oilprice.com Tom Kool Editor, Oilprice.com WTI crude hangs above $80 per barrel as geopolitical risks have eased somewhat, but haven’t disappeared altogether. Fuel Oil Is Having Its Sunshine Moment – Fuel oil has risen to prominence as the most improved oil product of late, boosted by higher demand […]

Nigeria’s Total External Debt Rose to US$42.50bn as of December 31, 2023

April 23, 2024/FBNQuest Research The most recent update from the Debt Management Office (DMO) on Nigeria’s public debt shows that the FGN’s total external debt obligations increased by US$900.6m (+2% q/q) to US$42.5bn in Q4 ’23. Compared to the previous quarter, the smaller rise in the external debt stock in […]