Why Argentina’s Inflation Continues to Surge in 2017
Argentina’s inflation has been surging for a couple of years, spiking to around 40.0% in 2016 compared to 10.0% between 2007 and 2009.
The recent rally in Argentina’s Merval Index (ARGT) reflects improved access to Argentina’s markets with a host of reforms adopted by President Mauricio Macri.
With the new government under the leadership of President Mauricio Macri, Argentina seems to be doing much better.
The economic situation in Argentina was in disarray with high inflation, fiscal deficit, and a host of other issues. Then a new president was elected in December 2015.
According to Fink, the Trump administration should also focus on training and developing human resources to have a greater impact on expected reforms.
Fink believes that with a Le Pen win, the possibility of a French referendum to exit the European Union would be much more likely than anticipated.
Uncertainty about the implementation of reforms by the Trump administration seems to be overshadowing the markets.
The Trump administration has been trying to repatriate the $2.6 trillion in overseas profits held abroad by US companies to avoid taxes.
In an April 21, 2017, interview on Wall Street Week, BlackRock CEO Larry Fink shared his views on US economic growth, tax reform, and job creation.
The Indonesian economy is steadily growing, fueled by strong domestic consumption and efforts by its government to instigate pro-market reforms.
Investment climate reforms have improved Indonesia’s Ease of Doing Business rank, which has had a positive impact on its trade surpluses.
The World Bank is forecasting higher growth for Indonesia (IDX) at about 5.1% and 5.3% for 2017 and 2018, respectively.
The recent gubernatorial elections in Jakarta, Indonesia, provided surprising results that appear to fall in line with international populist trends.
The EU’s light immigration laws have helped and continue to aid the economic development of EU countries. But there have been areas of concern.
In the past two quarters, we’ve seen that France’s GDP growth has been improving gradually.
After the announcement of the French Presidential election exit polls on Sunday, April 23, 2017, global markets showed massive movement.
On Sunday, after the announcement of the French Presidential election exit polls, the euro jumped a near five-month high against the US dollar.
The second and final round of the French election will be held on May 7, 2017, among the two remaining candidates. The first round met market expectations.
Brazil’s (EWZ) economy is showing signs of improvement in 2017, and inflation is hovering around its target rate.
FDI (foreign direct investments) in Brazil picked up in the second half of 2016 in spite of a slow economy, impeachment of the president, political crises, and corruption scandals.