Browsing Tag

economy

Damages from attacks on Ukraine valued at $60 billion

The World Bank affirmed that the costs of material damage suffered by Ukraine since the beginning of the war amount to nearly 60 billion dollars, and warned that the figure does not include the "increasing costs" of the conflict with Russia for the country's economy. "The World Bank concluded an…
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G7 will give 24 billion dollars to Ukraine

The ministers of the countries belonging to the G7 pledged to deliver more than 24 billion dollars in assistance to Ukraine for 2022 and 2023. The group has been concerned about the "continued and brutal aggression of Russia against…
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IMF asks central banks to deal with inflation

The managing director of the International Monetary Fund (IMF) asked the central banks to adopt "decisive actions" for the benefit of the economies of their countries in the current inflationary context, aggravated by the war situation in…
Business

China’s GDP showed a growth of 4.8 %

The Gross Domestic Product (GDP) of China registered a growth of 4.8 % in the first quarter of 2022 compared to the same period of the previous year. It represents an acceleration of eight tenths compared to the year-on-year expansion…
Cryptocurrencies

Brazil will launch its CBDC this year

The president of the Central Bank of Brazil, Roberto Campos Neto, reported that the pilot program of a digital currency issued by the institution will be applied this year. As indicated by the president of the entity, this is expected to…

IMF recommends diversification for companies

The International Monetary Fund (IMF) recommended companies and countries to increase the diversification of the origin of their imports and that these are more substitutable among themselves as a recipe to cushion future global trade…
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Colombian economy will grow 6 % in 2022

International organizations such as the World Bank and the International Monetary Fund published their estimates of economic growth for Latin American countries, where Colombia stands out with growth in the order of between 4 % and 6 % by…

Peru leads the list of eCommerce developing countries

A study carried out by Euromonitor International determined that Peru ranks as one of the Latin American countries with the greatest potential in terms of the future of eCommerce and online retail. The panorama of eCommerce development in…
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Peru enters a tourist emergency

The Ministry of Foreign Trade and Tourism of Peru, Roberto Sánchez, announced the emergency declaration of the tourism sector, which will be in force until the end of 2022, and which will serve to alleviate the effects that the restrictions…

BM estimates growth in Latin America at 2.3%

The World Bank lowered the estimate for GDP growth in Latin America and the Caribbean for this year by about 0.4 points, to 2.3%, as a result of higher inflationary pressures derived from the war between Russia and Ukraine. In a new…