Disruption in the Strait of Hormuz is accelerating demand for overland trade routes, with Syria and Jordan moving to position themselves as regional logistics hubs.
Know more here: https://t.co/fZhYveQDn1
#StraitofHormuz#GlobalTrade
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here's how mexico became hostage to us trade - a story of economic dependency ↓
Mexico is the most dependent country, with nearly 80% of all its exported goods purchased by the US.
Before the original free trade agreement of NAFTA with the US and Canada, trade represented 10% of Mexico's economy.
[story continues... 💌]
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WATCH: @WSJ's video on #Mexico's #InteroceanicCorridor, which cites our recent special report on its potential impact on regional and #globaltrade.
Read the report, produced in partnership with @MexStrategyLLC, for more insights: https://t.co/MXgRmwL27y
https://t.co/J0RbOb7ubA
Brazil is in negotiations with Mexico and Colombia to publish a joint statement demanding that Venezuela count all votes and release ballot records from each precinct, according to two Brazilian government officials familiar with the matter. https://t.co/XRNj5YVP59 via @bpolitics
This says as much about the growing clout of emerging markets as it does about the end of the US as a superpower.
This is the Great Global Reconvergence, whereby emerging markets now account for almost 60% of Global GDP, according to the @IMFNews@GGRCouncil@Goldenslicehq
What this means is the END of the USA as a Super Power.
This story should be the top story on every newscast & front page headline of every newspaper, but it’s not even being talked about just like it wasn’t talked about when the petrodollar was propping up the American economy.
Every country in the world holds huge amounts of U.S. dollars cuz of the petrodollar.
There are more $100 bills in Russia than there are in the USA. That was because of the Petrodollar. This is all going away and there is going to be a precipitous drop of the value of the U.S. dollar.
This is bigger than most people can grasp , mostly cuz the petrodollar was never explained to them in the first place.
This means soon the U.S. dollar will no longer be the reserve currency of the world and that will spark a great depression inside the U.S. that we can’t print money to fix.
All these kind of calamities were supposed to happen under Trump , where our old friends stopped working with us and the world turned against the U.S.
Of course this is all happening precisely because of the neo-con policies of war & sanctions that Biden has implemented & the media has cheered on.
You won’t be told about this on the corporate news anytime soon, and when it finally is discussed they won’t tell you the truth about it & certainly won’t tell you what actually caused it to happen.
It’s now kind of too late for a revolution to fix this country.
LatAm FX is a bloodbath since Mexico's election. It makes sense for Mexican Peso to weaken, since it was substantially overvalued in the run-up to the election. But it makes no sense to me why there is contagion to the Colombian Peso or Brazilian Real. No overvaluation there...
What is #Ghana's economic trajectory?
Read The Report: Ghana 2024 for a sector-by-sector analysis. Now available in digital or print format. Watch the report highlights below or click here to find out more: https://t.co/Y8fhR3STr7
More details: https://t.co/iACJSfmLUY
#AfCFTA
@GGRCouncil@Juan_GCMA@ramon_52turcios Hola Ramon, sería interesante saber cómo crees que Honduras puede revertir la tendencia en el incremento de las importaciones de ciertos alimentos, para mejorar su seguridad alimentaria nacional.
2023 was the 3rd year in a row that the IMF — and everybody else — had to significantly raise their growth forecasts for Latin America after original proved too pessimistic. We’ll see if 2024 repeats
@DHLParcelUK I am urgently trying to send a parcel for work and I cannot get through to a human on the phone and your bot is not helping me. Please can you contact me.
@Yellowslicehq @WorldBank Yes indeed. But Peru has some rather particular challenges to deal with given it’s unusual to have such a variety of topographies and climates in a modest-sized nation’s territory: desert, rainforest and the world’s longest mountain range.
Africa says bye to the US dollar. The President of Kenya, @WilliamsRuto, urges African nations to dump USD under tumultuous applause. With every nation that rejects USD as reserve currency the US Govt will pay a higher price for printing money (inflation).
Mañana, seré el orador principal en un evento importante organizado por @AMITI_Mex A.C. con el fin de analizar y conversar acerca de la economía digital mexicana
Regístrense usando la siguiente liga:
https://t.co/ZxcDFsxFFI
Alarming development in #Peru: President Castillo announces “temporary” dissolution of Congress & imposes a state of exception. History repeats itself, first as tragedy then as farce, as Marx famously quipped, but the loser in either case is democracy and human rights. @WOLA_org
We're pleased to announce our partnership with the Ghana Oil, Gas and Energy Summit 2022 (@invr_oilandgas).
OBG's Managing Editor for Africa, Harry van Schaick (@HarryVS), will be part of the Regional Cooperation Panel during the event.
More details: https://t.co/ovZCzN1Gyk
I've heard some people on Twitter aren't happy with the basic left vs right map for Latin America and want more nuance. So here's a first draft with more nuance.
If you don't like it, don't complain. Make a better one.