Browsing Tag

pandemic

Unemployment in Colombia falls to 14.3 %

The unemployment rate in Colombia fell to 14.3 % in July, a reduction of 5.9 percentage points with respect to the same month of the previous year, according to data published by the National Administrative Department of Statistics (NADS). The new unemployment data corresponds to a total of 3.48…

Chile’s GDP registered 1 % growth in the second quarter of 2021

The second wave of the Covid-19 pandemic has left a deep mark in Chile. However, according to data provided by the Central Bank recently, during the second quarter of the year the country's Gross Domestic Product (GDP) showed a slight…

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OPEC: The development of the pandemic will determine the global economic recovery

OPEC, in its monthly report on the oil market, pointed out that, despite the evolution of the Covid-19 pandemic, the global economic reactivation continues and "will not reduce the oil demand forecast for 2021 and 2022". However, in the…

Business

Investing in crypto can help face currency devaluation

Investment company Contrarian Horizon Kinetics is suggesting to investors that crypto assets will enable them to meet progressive economic challenges around the world. This company, valued at $ 7 billion, recently reported that land and…

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…

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The pandemic speeds up the fall in the use of cash

About 54 % of the Spanish population prefers to pay with a debit card and 36.6 % choose to pay with bills and coins. This was demonstrated by the national survey on the use of cash in 2020, carried out by the Bank of Spain to the general…

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International remittances decrease by 55.8 % due to the pandemic

Money transfers to Venezuela have registered a decrease of 55.8 %, as a result of the Covid-19 pandemic that affects the world. This was indicated by the economist Corina Fung, who also stressed that "people who reside in the country and…

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…

Cryptocurrencies

ECB will implement the digital euro in two years

The European Central Bank launched a two-year pilot project that will aim to introduce the digital euro, one of the world's most important currencies worldwide. The idea is to create a digital currency that will coexist with the physical…

Business

IMF will maintain 6 % global growth forecast for 2021

Kristalina Georgieva, director of the IMF, stressed that the institution will maintain the precision of global economic growth for 2021 at 6 %, However, she considers it necessary to increase the vaccination process to be able to underpin…

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WHO requests cooperation from China for Covid-19 investigation

The director of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, believes that China should cooperate more in the investigation into the origins of the coronavirus pandemic, the first cases of which were detected in December…

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Merkel calls for greater EU unity before Parliament

German Chancellor Angela Merkel took advantage of what is probably her last appearance in the Bundestag to ask the European Union (EU) to learn from what has happened in the coronavirus pandemic and act more decisively. "As long as the…

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