Bolivia chose to market its Gold reserves abroad as a strategy to obtain liquidity and guarantee imports of Fuelswhich are sold at subsidized prices in the domestic market. This decision is made in the middle of a serious economic crisis, as reported by the Ministry of Economy. The fall in gas exports has decreased the […]
Tag: Economic crisis
President of Bolivia admits lack of dollars, but denies economic crisis
The president of Bolivia, Luis Arcehe acknowledged this Monday “difficulties” to obtain Dollarsbut denied that there is an economic crisis. “Like several countries, we have certain difficulties in the availability of the dollar, but we are not in a structural economic crisis.“, he indicated Maple at a public event for the anniversary of a military […]
Remittances in cash or food?: the dilemma of emigrants in a Cuba in crisis
In 48 hours, María Páez receives “relieved” in Havana the food that his children bought him in Miami by Internet. Forced by the crisis, Cubans choose to send food to their relatives instead of the vital cash remittances that the island needs. “Receiving this type of products is a relief for us” and, “In terms […]
Controversy in Argentina over salary increases for senators in the midst of the crisis
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 […]
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
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
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 […]