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Latin American investors, together with members of all other global markets, after comments from the fed Jerome Powell on monetary policy, expect rate cuts in the us Fed meeting in late July.
however, they took into account the fact that Colin Powell pointed to trade and economic risks that may adversely affect the U.S. economy. Now the us budget deficit in June 2018-2019 financial year amounted to 8,476 billion dollars against deficit in 207,768 billion in may.
Investors in Latin America will also remain in some tension after the statement of the President of the United States Donald trump that China leads the U.S. and does not buy agricultural products, as promised.
in Addition, the U.S. House of representatives adopted an amendment to the defence budget in 2020, which prohibits U.S. citizens from any transactions with the new Russian government debt in case of RF interference in American elections.
speaking of the situation in selected countries of Latin America, we can celebrate the expectations of the US authorities the news about possible resolutions to the oil giant Chevron to continue to work in Venezuela. The administration of U.S. President Donald trump discusses the renewal of the license that allows Chevron to continue working in this Latin American country, despite us sanctions against the oil sector of Venezuela.
And the President of Mexico, Andres Manuel Lopez Obrador announced new tax incentives for oil company Pemex to boost oil production. According to him, we are talking about the period 2019-2021 years in the last three years of the current administration (2022-2024 years), the company began to return to the country what you'll get in the form of investments.
Market, USA, dollar, oil, ruble, Forex club
Not found economic events 2019-07-12 for 2019-07-12
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