According to the latest report by the World Tourism Organization (WTO), international tourism is on track to reach levels similar to pre-pandemic this year, recovering an impressive 88% of the volume recorded before the arrival of Covid-19 in 2023.
With around 1.3 billion international arrivals,…
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Browsing Tag
inflation
Maduro announced the increase of the integral income to $100
Venezuelan President Nicolás Maduro presented himself to the National Assembly on January 15 to share the country's economic achievements over the past year.
In his speech, he announced the increase of the monthly economic war bond to 60…
Argentina closed 2023 with inflation of 211.4%
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…
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…
CAF grants loan to Argentina for USD 960 million to pay the IMF
In the midst of a severe financial crisis, Argentina received a loan from the CAF for USD 960 million to pay the International Monetary Fund, as indicated by the Central Bank.
Spokespersons for the organization indicated that the country…
Cuba to promote an economic stabilization program to overcome the crisis
Within the framework of the 7th plenary session of the Central Committee of the Communist Party of Cuba (PCC), concluded this Saturday in Havana, an ambitious macroeconomic stabilization program has been discussed and evaluated. This…
Strategies for saving in times of economic challenge
In the midst of a challenging economic context characterized by inflation, Venezuelan citizens seek smart strategies to preserve their purchasing power and guarantee financial stability. In this scenario, savings tactics and the adoption of…
Inflation in Venezuela climbs to 6.7 % monthly but year-on-year falls to 362 %
The National Consumer Price Index (INPC) of Venezuela registered a slight increase in October of seven tenths, reaching 6.7 % monthly, while the year-on-year figure fell to 362 %, compared to the year-on-year inflation of 396 % registered…
The Fed stated that controlling inflation “will take time”
The President of the United States Federal Reserve (Fed), Jerome Powell, warned of the risks to the economy in the event of falling short or exceeding interest rates, while warning that the path to returning inflation to the 2 % target will…
JP Morgan: “The world will avoid economic recession”
At an event organized by JP Morgan Asset Management, Lucía Gutiérrez-Mellado, the firm's director of strategy, announced a slowdown in economic growth. However, she stressed that recession has been avoided, and the strength of this slowdown…
Inflation in El Salvador remains above 3 %
The Central Reserve Bank (BCTR) of El Salvador revealed data on the country's interannual inflation rate, which remains above 3 % for the fourth consecutive month.
According to the regulatory body of the Central American country, in…
Parallel dollar in Argentina exceeded 1,000 pesos per unit
In an unprecedented milestone, the parallel dollar, known as the "blue", reached a new record in Argentina on October 10, surpassing the mark of 1,000 pesos per unit. This escalation represents a gap of 190% compared to the official…