TEHRAN (ANA)- Brazil's financial market maintained its 2024 economic growth forecast almost unchanged, even after the Monetary Policy Committee (Copom) of Brazil's Central Bank decided last week to pause the monetary easing policy adopted in August, the bank said.

TEHRAN (ANA)- Argentina's gross domestic product (GDP) fell 5.1 percent year-on-year in the first quarter of 2024, the National Institute of Statistics and Censuses (INDEC) reported.

TEHRAN (ANA)- The U.S. real Gross Domestic Product (GDP) for the first quarter grew 1.4 percent on an annualized basis, 0.1 percentage points higher than previously estimated, according to the third and final estimate released by the Commerce Department's Bureau of Economic Analysis.

TEHRAN (ANA)- The ongoing expansion of trade restrictions and insufficient progress in addressing the vulnerabilities highlighted by the 2023 bank failures both pose important downside risks for the U.S. economy, the International Monetary Fund (IMF) said.

TEHRAN (ANA)- Canada's real gross domestic product (GDP) grew 0.3 percent in April, after being essentially unchanged in March, Statistics Canada said.

TEHRAN (ANA)- Brazil's financial market raised its gross domestic product (GDP) growth forecast for this year from 2.05 percent to 2.09 percent and maintained it at 2 percent for 2025, Brazil's Central Bank announced.

TEHRAN (ANA)- Chilean market analysts have forecast an economic growth of 2.6 percent for the country in 2024, slightly less than the government's projection of 2.7 percent, Chile's Central Bank said.

TEHRAN (ANA)- Uruguay's manufacturing industry saw a production decrease of 2.8 percent from January to April compared to the same period of 2023, due to a pause in oil refining, the National Statistics Institute (INE) said.

TEHRAN (ANA)- Venezuela has entered the World Trade Organization (WTO) International Trade Facilitation Agreement, which leads to reduced costs in the nation's trade transactions, said Vice President Delcy Rodriguez.

TEHRAN (ANA)- Brazil's 2024 grain harvest is set to be 5.9 percent smaller than 2023 due to poor weather in several parts of the country, the state-run Brazilian Institute of Geography and Statistics (IBGE) reported.