Latin America Shows Resilience Amid Global Economic Headwinds
The Inter-American Development Bank notes that Latin America faces increased uncertainty due to energy shocks and geopolitical tensions. The region, however, demonstrates significant resilience and requires targeted support for diversification efforts.
The energy shock and economic headwinds caused by the Iran war have increased uncertainty in Latin America - but the region remains resilient. That's according to Ilan Goldfajn, President of the Inter-American Development Bank. He tells France 24 there are requests for "targeted support" like energy diversification and fertilizer needs. Also in the show - Jerome Powell gives his last press conference as Federal Reserve Chair, as his successor Kevin Warsh takes a step closer to confirmation.