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- Feed Preview Economy Archives - The Rio Times
China’s Economy Rises with Clean Tech
In 2023, clean tech investments greatly changed China’s economy. Carbon Brief showed how clean energy, especially solar, EVs, and batteries, really boosted the economy. These areas added a cons...
https://www.riotimesonline.com/chinas-economy-rises-with-clean-tech/
Angola’s Sonangol Reboots Oil Exploration in Cuanza Basin
Angola’s state-owned oil company, Sonangol, has successfully drilled a second evaluation well in the Cuanza Basin’s Block 11, named ‘KON-11’. This development, announced yesterday, marked...
https://www.riotimesonline.com/angolas-sonangol-reboots-oil-exploration-in-cuanza-basin/
Brazil’s GDP rose by 0.9% in the second quarter of 2023 beating forecasts
Brazil’s GDP rose by 0.9% in the second quarter of 2023, beating forecasts, and reached R$2.65 trillion (US$546 billion). This data comes from Brazil’s official statistics agency, IBGE. The e...
China’s manufacturing industry shrinking for the fifth straight month
China is going through a tough time economically, with its manufacturing industry shrinking for the fifth straight month. A key indicator called PMI is below 50, which means the industry is contr...
https://www.riotimesonline.com/chinas-manufacturing-industry-shrinking-for-the-fifth-straight-month/
Chile’s unemployment rate has increased again, now reaching 8.8%
Chile’s unemployment rate has increased again, now reaching 8.8%. This is 0.9% higher than the same time last year. This is the ninth time in a row that the unemployment rate has increased. Som...
https://www.riotimesonline.com/chiles-unemployment-rate-has-increased-again-now-reaching-8-8/
Peru struggles with recovery and lowers 2023 GDP growth forecast to 1.1%
Peru struggles with recovery and lowers 2023 GDP growth forecast to 1.1%. However, the government stated that the country is striving to regain the rapid growth that made its economy stand out in...
https://www.riotimesonline.com/peru-struggles-with-recovery-and-lowers-2023-gdp-growth-forecast/
OECD reduced to 0.1% growth projection for Argentina’s economy
The Organization for Economic Co-operation and Development (OECD) reduced to 0.1 percent its growth projection for the Argentine economy for 2023. According to its most recent report on global ec...
Confidence in the economy of Chilean companies engaged in commerce, hotels and restaurants declines in January 2023
The confidence of Chilean companies dedicated to commerce, hotels, and restaurants fell last January to a “moderately pessimistic” level due to lower expectations of the economy for the first...
Bolivia achieves historic import record with US$13.049 billion in 2022
Bolivia reached a historical import figure in 2022 of US$13.049 billion, the private Bolivian Institute of Foreign Trade (IBCE) reported Thursday. IBCE’s technical manager, María Peña, said t...
Venezuela’s GDP grows more than 15 % in 2022, reveals Maduro
On Thursday night, Venezuelan President Nicolás Maduro revealed that “Venezuela has had a growth, in 2022, above 15 percent of the Gross Domestic Product (GDP), the highest economic growth in ...