Browsing Tag

economy

Mexico’s inflation remains on an upward trend

Mexico maintains inflation with an upward trend, located at 4.9 %, according to the National Consumer Price Index. The organization's report indicates that the increase in the inflation rate has been maintained for three fortnights, with…

China and Jamaica analyzed bilateral cooperation

In a meeting held this Saturday in the city of Kingston, China and Jamaica highlighted the positive results of bilateral cooperation, which has allowed progress in different projects in areas such as education, trade, technology, science,…

UN forecasts 1.6% growth in Latin America’s GDP

The United Nations (UN) forecasts lower economic growth for Latin America and the Caribbean in 2024, projecting a 1.6% increase in regional GDP, compared to an estimated 2.2% increase in 2023. This forecast is attributed to restrictive…

Biden proposed that the overdraft fees be reduced.

U.S. President Joe Biden presented a proposal to significantly reduce the overdraft fees that banks charge consumers, calling these current fees an "exploitation" of the country's most vulnerable families. Under the proposed new rules,…

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…

The Federal Reserve could cut interest rates again

The Federal Open Market Committee (FOMC) of the US Federal Reserve discussed the possibility of lowering interest rates in 2024, but stressed the need to maintain a restrictive stance to control inflation, according to the minutes of its…