Latin America has experienced favorable external economic conditions since 2020. Consider that the interest rate on U.S. Treasury bonds stood at 1.5 percent one year ago. No longer: Entering 2023, unfavorable external economic conditions rule. The interest rate on U.S. Treasury bonds has surpassed 4 percent. Global food prices have decreased by more than 10 percent since March, metal […]
Author Archives: Ignacio Munyo
Ignacio Munyo is executive director of the Center for the Study of Economic and Social Reality in Montevideo, Uruguay. He wrote this for InsideSources.com.