Browsing Tag

economy

Walmart showed significant sales growth

The Walmart chain of stores presented its forecasts for the year, after having shown an excellent performance during the second quarter of 2021 in its stores in the United States. The US retailer's revenue showed a sales performance of its grocery business valued at 2.4% higher, representing…
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GDP of the European Union presented growth of 2 %

The Gross Domestic Product (GDP) of the European Union (EU) grew at a rate of 2 % in the second quarter of the year compared to the first three months of 2021, when it had suffered a contraction of 0.3 %, according to the new estimate of…

Maduro authorizes credits in foreign currency

Venezuelan President Nicolás Maduro assured that he instructed Vice President Delcy Rodríguez to authorize credits in foreign currency within public banks. "I believe that the time has come to give credits in public banks in foreign…

López Obrador invited Biden to Mexico

Mexican President Andrés Manuel López Obrador invited his US counterpart, Joe Biden, to visit Mexico at the end of September, after the "profitable" meeting held this week with senior US government officials. López Obrador, who on Monday…

In 2020 Latin America lost 56,000 million dollars

Foreign direct investment from Latin America and the Caribbean fell by 34.7 %, representing a loss of 56,000 million dollars and the lowest level in a decade, according to a new report by the Economic Commission for Latin America and the…

Private job growth in the US is reduced

The US private sector generated 330,000 new jobs last July, the lowest figure since February and almost half that expected by the consensus of analysts, according to the survey carried out by the consultancy ADP. The 330,000 new jobs…

Cryptocurrency use in Nigeria continues to grow

Nigeria continues with its process of adopting cryptocurrencies, despite the measures that the local government has applied against these transactions. As recorded on various bitcoin P2P trading platforms, the second strongest week on…

Venezuela, in search of an institutional agreement

Venezuela is in search of a new institutional agreement, which would allow to carry out a new impulse for the local economy. The Venezuelan government is focused on this goal which hopefully could be achieved gradually, all thanks to the…