Economy & Markets
Three Chilean lawyers specializing in labor law provide their projections on the reform promoted by the government of Gabriel Boric.
The Retirement Fund Administrators (Afores) will have a period of 60 days from the constitution of the Fund to transfer the US$ 2,333.8 million of unclaimed savings in inactive accounts.
The project seeks to allow members to withdraw up to 15% of the money accumulated in their pension savings accounts despite the fact that 12% already have a zero balance.
The announced personal agreement, still subject to the approval of the Administration and the Executive Board of the IMF, would provide support to the economic policies of the South American country for the next four years.
The Office of Economic Analysis of the Department of Commerce reminds that these readings are still incomplete and may be subject to future review.
The Comprehensive Economic Association (CEPA) is the first agreement that Chile signs with the Middle East, which represents a strategic opportunity to insert itself in that region.
This year, the North American country presents a fiscal deficit close to 6% of GDP, one of the most pronounced among its development peers in the region, just below Brazil.
The objective of the instance is to have close monitoring of the particular situations that may arise in companies.
The need to form a common front will outweigh disagreements on issues such as GMOs, said the former Secretary of Economy and current advisor to the Mexican presidential candidate, Xóchitl Gálvez.
This shows inflation is stubborn to return to the Bank of Mexico (Banxico) goal of 3% +/-1 percentage point.
The American consulting firm assures that the average non-performing portfolio of consumer loans in the region, 3.3% in December 2023, is likely to decrease in the next 12 to 18 months.
Investment announcements such as those of Tesla, in Monterre and , make the López Obrador government think that this and next year there may be even more news of companies that want to operate in Mexico.
After signing different agreements resulting from the visit of a delegation from that province to the South American nation, the international affairs specialist believes that if Chile wants to grow in trade in goods with China, it must focus on the diversification of its productive basket towards more elaborate products.
In annual terms, the growth was explained by the contributions of EGA (Electricity, Gas and Water), personal services and transportation activities.
The Argentine president assures that this is the "starting point" to end inflation.
In a debt-for-nature swap, a country's government bonds or loans are purchased and replaced with new ones that pay a lower interest rate, as long as the government commits to spending some of the money saved on conservation.
The expansion observed in that month is the largest on record since September 2020, when the economy grew 2.7%.
It is estimated that more than 2.4 billion workers (out of a global workforce of 3.4 billion) may be exposed to excessive heat at some point during their work, according to the ILO.
So far this year, China has been the first country of origin of the coffee country's imports with 25.1%, followed by the United States (23.8%).
The international organization in turn warned Javier Milei's government about the risks of abruptly withdrawing exchange controls.
Nearshoring and Mexico's regional attractiveness maintain forecasts of reaching 3% growth, according to the investment bank Barclays.
