Argentina closed the year 2023 with year-on-year inflation of 211.4%, the highest figure since the period of hyperinflation in 1989-1990. This figure emerges from the first measurement carried out during the government of Javier Milei, who began his term with a ‘shock’ plan that included a 50%…
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Peru maintains active surveillance on the border with Ecuador
In response to the growing violence on Ecuadorian territory, the Peruvian Armed Forces stepped up surveillance at "hot spots" along the border with Ecuador. This measure follows the declaration of emergency in five bordering regions of the…
President of Ecuador declared armed conflict
Ecuadorian President Daniel Noboa proclaimed a state of internal armed conflict in the country through a decree, an unprecedented measure that comes in response to the violent takeover of TV channel TC by armed men during a live broadcast.…
Cuba raised the price of fuel by 500%
The Minister of Finance of Cuba, Vladimir Regueiro Ale, announced last Monday a drastic increase in fuel prices, exceeding 500%, along with a 25% increase in the electricity tariff for consumers exceeding 500 kWh.
With this measure, the…
Panama continues to lead the world’s merchant fleet
Panama consolidated its position as the undisputed leader of the merchant fleet worldwide over the past year. With an impressive total of 8,540 flagged vessels and a gross registered tonnage (GRT) of 251.1 million, the Central American…
Investment in Brazil fell 36% between January and November
In the period from January to November last year, Brazil experienced a 36% decrease in Foreign Direct Investment (FDI), reaching 52.716 million dollars, according to data from the Central Bank. Equity holdings fell by 22.8%, while lending…
Argentine justice blocked Milei’s labor decree
The Argentine judiciary yesterday suspended the labor effects of the controversial mega decree of necessity and urgency (DNU), promoted by President Javier Milei, which had entered into force on December 29, 2023.
This decree, which…
Sudeban published the calendar of bank holidays of 2024
Through its official channels, the Superintendency of Banking Institutions (Sudeban) disseminated the calendar of bank holidays for the year 2024.
This schedule, which will govern the activities of the national banking system, was…
World population grew by only 1% during 2023
On January 1, the world's population will reach 8,019,876,189, according to Forbes, with an increase of 1%, equivalent to 75 million more people from early 2023. Although overall growth is steady, it remains at a slow pace.
Global growth…
Sudeban confirms that the bank will not work on January 1st
In accordance with the schedule established by the Superintendency of Institutions of the Banking Sector (Sudeban), this Monday, January 1, the banking sector will not be operational throughout the country.
As this day is considered a…
Milei could organise a referendum in favour of DNU
The President of Argentina, Javier Milei, assured that he will organize a popular consultation in case the Argentine Congress rejects the Decree of Necessity and Urgency (DNU), which eliminates numerous laws and regulations to deregulate…
Red Cross closes offices in Nicaragua
The Nicaraguan government ordered the International Red Cross to leave the country. The announcement was made by the ICRC regional delegation for Mexico and Central America, while they reiterated their willingness to maintain dialogue and…