➦ Economic Outlook – December 2024
The global economy continues to show resilience, with inflation rates declining without causing a recession. However, potential import tariffs from the new US administration could pose a risk to future global growth
➦ Mercosur and EU finalise free trade agreement, establishing one of the world’s biggest free trade zones, but ratification hurdles await
In early December 2024, the European Commission and four founding members of Mercosur (Argentina, Brazil, Paraguay and Uruguay) announced that a free trade agreement had finally been concluded.
➦ A matter of conditioning and a matter of fact
In with the New: Updated Economic Data from Economies Around the Globe