Recession

The IMF approved a $1.9 billion aid package for Bolivia to combat recession, featuring strict fiscal reforms, deficit reduction, and the phase-out of fuel subsidies by 2027.

Chile faces a looming recession, high unemployment, and soaring inflation that are eroding purchasing power, forcing citizens to cut back on daily expenses.

Leon Cooperman is considered one of the most pessimistic investors on Wall Street, and he has returned with a new warning. According to him, the US is in danger of a recession, and inflation could return the economy to the crisis of the 70s.

The European Central Bank has kept interest rates at 2.25% despite rising energy prices, citing concerns over a potential deep recession in the eurozone. The decision carries significant implications for global and Israeli capital markets.