The year-on-year growth of Peru's economy stood at 2.85 % in February, driven by the mining and hydrocarbons sector, which has maintained a cumulatively rebound of 15.94 % cumulatively.
This sector has recorded 13 consecutive months of progress thanks to “increased production of copper, gold and…
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Peru seeks to integrate fintech into the digital payment system
The incorporation of fintech into the Peruvian economy is one of the objectives of the Central Reserve Bank of Peru (BCRP) in 2024.
The participation of fintech companies in the local economy is included in the initiative “Interoperability…
Venezuela leads the top 10 countries with the largest oil reserves
The world economy depends largely on oil as a strategic energy and economic resource. According to the top ten countries with the largest reserves from the United States Central Intelligence Agency (CIA), Venezuela leads the list, with…
Salary increase in May could be through bonuses
Venezuela's labor sector remains waiting for the salary increase on May 1. In this regard, economist Asdrúbal Oliveros, director of Ecoanalítica, declared this Wednesday that this could happen through bonuses.
He indicated that in the…
Almost 30,000 Venezuelans in Costa Rica contribute 40 million dollars annually to the treasury
The “Study of the economic impact of the Venezuelan migrant population in Costa Rica”, with data from 2022, shows that the country welcomes almost 30,000 Venezuelan migrants who contribute 40 million dollars annually to the treasury.…
Two tourism projects advance in the Special Economic Zone of La Guaira
The promotion of the tourism sector in the Special Economic Zone of the state of La Guaira is advancing through two hotel projects, according to statements by the national superintendent of the Special Economic Zones (ZEE), Johann Álvarez.…
Brazil reduced interest rates to lowest level in two years
The Central Bank of Brazil reduced interest rates by 0.5 % this Wednesday, reaching the lowest level since 2023, when they remained at 13.75 %. Thus, the country maintains the basic interest rate of the economy (the Selic rate) at 10.75 %…
The five cryptocurrencies that rebound in the market in March
Cryptocurrency investors are targeting five digital currencies that currently give dynamics to the market, thus increasing the confidence of those seeking financial security, speed and efficiency in transactions.
According to the…
Venezuelan oil production rose 4 % in February
The Organization of Petroleum Exporting Countries, OPEC, indicated that during the month of February of this year, Venezuela increased its production to 877,000 barrels per day.
The figure represents an increase of 4 % compared to the same…
Massification of credit in Venezuela will take time
In the opinion of Pedro Pacheco, president of the Banking Association of Venezuela (ABV), the massification of credit in the country will take time.
In an interview with Unión Radio on March 7, the president of the ABV indicated: "The…
Argentina leads cryptocurrency adoption in Latin America
In the midst of the changes that are being experienced in Argentina, particularly established by President Javier Milei, the country is at the top of the adoption of cryptocurrencies.
It is estimated that in the country, more than 20 % of…
Brazil’s GDP grew slightly in 2023
The Brazilian Institute of Geography and Statistics (IEBG) reported a slight growth of 2.9 % in the GDP of the South American country in 2023.
According to the information released on Friday, March 1, by the IBGE, the agricultural sector…