Congratulated abroad and acclaimed by his supporters in Türkiye, President Recep Tayyip Erdoganre-elected Sunday for a five-year term, will lead a country undermined by economic crisis and deeply divided. The 69-year-old president, who has been in power in Turkey for two decades, prevailed on Sunday in an unprecedented second round, despite the fact that the […]
Tag: Economic crisis
Keys to salary recovery in Venezuela
The minimum wage in Venezuelalast increased to 130 bolivars in March 2022, when it was equivalent to 29.68 dollars, has been devalued by 82%, to reach the current 5.18 dollars, as a result of the inflationa situation that has prompted more than 2,000 labor protests this year, according to NGOs. This level of salary, the […]
Hotel chains maintain their commitment to Cuba despite the crisis
Hotel chains of America, Europe and Asia keep betting on Cuba and, far from retreating, they expand “confident” in the recovery of this tourist destination despite the serious economic crisis that the island suffers. “Our commitment continues to be to develop tourism in Cuba despite the specific difficulties”the manager of the Varadero Beach complex of […]
Bolivia is on the brink of a financial crisis, warns The Economist
According to the specialized economics magazine The Economist, the drop in Net International Reserves (RIN) and The shortage of dollars are indicators that the Bolivian economic model, promoted by the Movement Towards Socialism (MAS) in the last 17 years, is generating uncertainty and placing this sector of said country on the brink of financial collapse. […]
World Bank: a third of Peruvians would continue in poverty
With the pandemic, Poverty in Peru reached 30% of the population —almost 10 million citizens— and after the statistical rebound of 2021, it fell to 25.9% —just over 8 million people. Despite the qualities and strengths of our economy highlighted on more than one occasion by the Government, it is difficult to return to the […]
Price of the dollar today in Peru: what is the exchange rate for this Tuesday, January 31
He Central Reserve Bank (BCR) reported that the dollar price Today, Tuesday, January 31, it closed lower. Also, he knows the exchange rate in the parallel market and in the main banks of Peru. The price of dollar price todayTuesday, January 31, is linked to the movements carried out daily by the Central Reserve Bank […]
Dollar price today in Peru: what is the exchange rate for this Saturday, January 28
Meet the dollar price today, Saturday January 28. Check how much the exchange rate in the parallel market and in the main banks for the US currency. The price of dollar price todaySaturday, January 28, is linked to the movements carried out daily by the Central Reserve Bank (BCR). In addition to this official information, […]
Leisure and fashion, the other engines of economic recovery in Venezuela
Although the pandemic was the definitive blow for the leisure sector, the music and artistic industry had already been in decline for more than five years, caused by the economic crisis as a result of the hyperinflation which made it difficult to hire artists, especially international ones. But dollarization, which has settled in the last […]
Businessmen from the north will participate in a meeting to provide solutions to the economic crisis
In order to provide a series of ideas and approaches that can be implemented in favor of solving the economic crisis that the country is experiencing, the Chamber of Commerce and Production of La Libertad will carry out the 32nd Northern Business Meeting (EEN), which will be held on November 24, 25, 26 and for […]