Australia

Inflation moderates six tenths in February to 2.8% due to electricity and food

Inflation moderates six tenths in February to 2.8% due to electricity and food

The Consumer Price Index (CPI), the main indicator of inflation, moderated six tenths in February to 2.8%, the same as the eurozone average. due to the sharp drop in the electricity bill and the moderation in the price of the shopping basket, according to data confirmed today by the National Institute of Statistics (INE). The ...

S&P Global rating agency downgrades WOM's credit rating from 'B' to 'CCC'

S&P Global rating agency downgrades WOM's credit rating from 'B' to 'CCC'

Financial Diary – Santiago The S&P Global rating agency became the latest to downgrade its rating on WOMthus continuing to immerse itself in speculative investment territory, in view of the challenges presented by its desire to refinance a bond maturing at the end of the year. “S&P Global Ratings downgraded WOM's issuer credit rating from ...

Sports equipment giant Decathlon reorganizes its brand structure

Sports equipment giant Decathlon reorganizes its brand structure

decathlonin line with its objective of bringing sport to as many people as possible, has launched a reorganization of the structure of its brands and has renewed its corporate imagewhich includes a new logo called the orbit. The company is now committed to having a more simplified structure for its sports brands, which is divided ...

After the CPI result in the US, the idea of ​​​​an early FED rate cut is affected

After the CPI result in the US, the idea of ​​​​an early FED rate cut is affected

US core inflation beat forecasts for a second month in February, as prices for used cars, air travel and clothing rose, reinforcing the Fed's cautious approach to cutting interest rates. The so-called core consumer price index, which excludes food and energy costs, rose 0.4% since January, according to government data published yesterday. Compared to a ...

The IDB predicts that the region's growth will fall this year to rebound to 2% in 2025

The IDB predicts that the region's growth will fall this year to rebound to 2% in 2025

The Inter-American Development Bank, IDB, published its macroeconomic perspectives for Latin America and the Caribbean where future growth opportunities are highlighted. According to the report called “Ready to take off? Harnessing macroeconomic stability for growth”the region grew 2.1% in 2023, exceeding initial estimates of 1%, therefore, This growth is expected to slow to 1.6% in ...

Gold remains near all-time highs amid US inflation data

Gold remains near all-time highs amid US inflation data

Gold barely moved at the start of the week after eight straight days of gains, as traders watch Tuesday's consumer price index release for clues as to when the Fed might start cutting interest rates. US Federal. The bullion for immediate delivery was quoted on Monday in a narrow range, after rising almost 5% last ...

Biden raises $10 million in 24 hours after State of the Union speech

Biden raises $10 million in 24 hours after State of the Union speech

President Joe Biden's re-election campaign said Sunday that raised $10 million in the 24 hours after a fiery State of the Union speechin which he accused Donald Trump of threatening democracy and torpedoing a bill to address America's immigration problems. In a 68-minute speech to Congress on Thursday, Biden also accused Trump, his Republican opponent ...

María Corina Machado denounced the arrest of Emill Brandt, leader of her campaign

María Corina Machado denounced the arrest of Emill Brandt, leader of her campaign

Through her X account, María Corina Machado, presidential candidate of Venezuela from the opposition party Vente Venezuela, assured that the Director of the Barinas State Campaign Command, Emill Brandt, was detained by “the regime of Nicolás Maduro.” Faced with the fact, Machado added that more than 40 days ago state leaders of his campaign in ...

In the United States, more and more workers are getting a pay freeze

In the United States, more and more workers are getting a pay freeze

Most American workers have been receiving pay increases that exceed the rate of inflation in recent months, but the average hides the outliers, and a growing proportion see their salaries frozenas shown by the data from the Federal Reserve Bank of Atlanta. More than 12% of workers have not received a raise in the last ...