The senators of Argentinawithout debate and in a show of hands, increased their salaries by 170%, in a decision that generated controversy this Friday due to the harsh economic crisis that the country is going through, with 288% year-on-year inflation and more than half of the population in the poverty. After the vote, which took […]
Tag: Economic crisis
South Sudan, on the verge of bankruptcy due to the war that prevents oil exports
Sudan of the South is on the verge of bankruptcy due to the cessation of its oil exports, interrupted by the war that began a year ago in Sudan between the Army and the paramilitary group Rapid Support Forces (FAR) and which stopped the operation of the oil pipeline that transported the crude oil from […]
The Argentine middle class: an emblem that fades with the crisis
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Agustina Bovi has two jobs, but she cannot spend on sports or leisure. Samanta Gómez can no longer pay for education or health: the middle class, historical emblem of a Argentina egalitarian, is sinking under the weight of inflation and adjustments. “This is my best job and my worst economic moment,” says Bovi, a 30-year-old […]
Delivery of food and financing to mypes: the measures that the Government has taken to reactivate the economy
In an effort to boost the economy after the crisis, the Government has announced a set of measures. Discover how these actions seek to stimulate investment and economic growth. Join the La República WhatsApp channel Price of the dollar in Peru today: what is the exchange rate for this Tuesday, February 27? ONP, March 2024: […]
Salary expectations would improve even in 5 years
The average salary expectation—that is, what workers aspire to earn monthly—as of December 2023 was S/3,057, while before the pandemic the amount exceeded S/3,500, according to Boomerang. Dora Pinedo, marketing manager of this online employment portal, explains that being optimistic we could return to these amounts in just five years. “To consider a salary expectation […]
Cuba: the Minister of Economy is dismissed after the postponement of the gasoline increase
He cuban government dismissed Alejandro Gil, until now Minister of Economy, in the midst of the application of the largest economic adjustment in decades, state television reported this Friday. The dismissal of Gil, in the position since 2018, occurs two days after the Executive postponed until further notice – and without a defined date – […]
Getting sanitary towels, a monthly headache for Cuban women
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Ensuring enough feminine sanitary pads for the menstrual period has become a real headache for Cuban women in recent months. With the persistent crisis that plagues the country, more than three million Cuban women have to “invent” every month due to the shortage of this essential product, which has disappeared from state pharmacies and is […]
Milei’s labor reform suffers a new setback in Argentina
The Argentine Justice ruled again this Thursday in favor of suspending a labor reform included in a vast decree by the president Javier Milei and rejected by the unions. In addition, a federal judge authorized the processing of other protections against the decree during the judicial fair. The decision of the Chamber of Labor Appeals […]
It’s not Argentina: which country has the highest unemployment rate in Latin America?
After the pandemic, a large part of Latin American countries saw their economies affected. Many lost their jobs, some got another, but the consequences continue to affect various nations. For this reason, the International Labor Organization has published the report ‘Labor Overview of Latin America and the Caribbean’, which shows the ranking of the countries […]
Cuba will raise fuel prices and end the universal subsidy for the basic basket
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He cuban government announced this Wednesday an economic shock plan for 2024 with increases in fuel prices, the electricity, he water and other services, as well as the end of the universal subsidy for the basic food basket. The Cuban Prime Minister, Manuel Marrero, advanced this plan when speaking on the first day of the […]