Tag Archives: dollar

WORLD ECONOMY FACES SEVERE SETBACKS

Thursday, January 7th 2016. The year 2015 closed with rather disappointing economic growth figures; this comes as a result of a group of negative factors that added up. Even though reports have not been published yet, there is no doubt that the financial balance was more complicated than in the year 2014. According to a […]

ARGENTINE PEOPLE WILL BE ABLE TO BUY DOLLARS AGAIN

Friday, 18 December 2015. The Minister of Treasury and Finance, Alfonso Prat Gay; announced last Wednesday in a press conference that from Thursday the Argentines will be able to buy dollars again without restrictions. This news made very happy to the population, since during the past four years the acquisition of dollars was subject to […]

BRAZIL´S CURRENT OIL CRISIS

Brazil´s oil production supports a large part of the country’s economy. However, its current oil crisis was something its government did not oversee. Excessive corruption has made that the Petrobras, Brazilian state-owned oil company, is now involved in a big scandal. This, and with the fact the oil barrels price went down 50%, is causing […]