Georgia's Economy Gathers Pace, Grows 4.5 pct in Jan-May

Georgia’s economy expanded 4.Five percent in the first five months in this year, official data showed on Tuesday, up from 2.9 percent inside the same period in 2016, from boost in exports and remittances from abroad.

In May alone, growth was 5.3 percent, up from 2.One percent in May 2016 and from 2.One percent in April …


Brazil heads for worst recession since 1901, economists forecast

Brazil\’s President Dilma Rousseff with the Planalto Palace in Braslia, on Dec. 21, 2015. (Evaristo SA/AFP)

RIO DE JANEIRO C?Brazil’s economy will contract greater than previously forecast as well as being at risk of the deepest recession since not less than 1901 as economic activity and confidence sink amid a political crisis, market research of analysts …


Latin America’s populist collapse cheered with foreign inflows

Venezuelans walk beyond daylight hours National Assembly in Caracas, on Dec. 7, 2015. Venezuela’s jubilant opposition vowed Monday to download the oil-rich country beyond its economic crisis and free political prisoners after winning power over congress from socialist President Nicols Maduro. (Luis Robayo/AFP)

MEXICO CITY C?It’s been a difficult run for Latin American leftists, and investors …


Argentina central bank president quits stressed from Macri

People walk beyond daylight hours facade with the Central Bank of Argentina in downtown Buenos Aires, on Nov. 17, 2015. Metropolitan Police officers and judiciary officials conducted a raid within the Central Bank headquarters as an element of an investigation into the alleged sale of future dollars at a lower price compared to market by …


Liberty Act Restricting Freedom

Discussions in the constitutional bill is sharpening. Special regard is paid to the issue of sales of land to foreign citizens and article 94 (Liberty Act) that necessitates after a referendum for introducing a fresh tax (excluding excise tax) or raising the prevailing rate, excluding cases beneath the organic law.

At duration, this record also will …