VOICED : FMI preve implosion de Venezuela y rebaja proyeccion de America Latina

VOICED : FMI preve implosion de Venezuela y rebaja proyeccion de America Latina

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Interactive Video

Business, Social Studies, Economics

9th - 12th Grade

Hard

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The IMF predicts a severe economic contraction for Venezuela in 2019, with a 35% GDP decline. The report highlights a slowdown in several Latin American economies due to unique factors, with a regional growth forecast of 0.6% for 2019 and optimism for a 2.3% rebound in 2020. Global growth forecasts have been cut, affecting Brazil, where uncertainty over pension and structural reforms persists. Mexico faces weak investment and slowed private consumption due to policy uncertainty and rising borrowing costs, with a projected 0.9% GDP growth in 2019. Argentina's GDP is expected to contract by 1.3%. In contrast, Colombia and Peru are noted for their economic resilience compared to larger regional economies.

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3 mins • 1 pt

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