Currently, Brazil stands out as the nation with the Gross Domestic Product (GDP) higher in Latin America, with a growth of 3.4% despite natural disasters. This performance highlights the resilience of its economy, promoted by sectors such as trade and construction. The GDP, which represents the total value of goods and services produced in a […]
Tag: economy
Fed warns that Donald Trump’s tariffs would increase inflation
The president of the Federal Reserve (FED) of USAJerome Powell, said Friday that “everyone is predicting some inflationary effect because of tariffs” taxes by the government of President Donald Trump. In his speech at the Monetary Policy Forum, the president of the Central Bank recognized as “most likely” that the inflationary effects are reflected in […]
Yellen says global economy is recovering, driven by US performance
US Treasury Secretary, Janet Yellen, The world economy is recovering from the challenges of recent years, such as the pandemic and the war in Ukraine, thanks mainly to the strong performance of the United States, he said Thursday. “Today the global economy remains resilient, driven in large part by the remarkable economic performance of the […]
El Salvador: Bitcoin, a project that excites some and does not convince the majority
The adoption of the bitcoin as legal tender in The Savior promoted by the Government of Nayib Bukele to boost financial inclusion, attract foreign investment and improve the economy It is a project that, three years after its implementation, has not convinced the majority of the population, who reject its daily use. El Salvador captured […]
Venezuela and China sign three agreements focused on economic development
Venezuela and China They signed three bilateral cooperation agreements in the field of economy, technology and innovation, focused on the economic development of both allied countries, the Venezuelan Government reported this Saturday. The Executive indicated, in a press release, that these new agreements, signed in Caracas by representatives of both nations, also seek to promote […]
They propose free transit between citizens of 21 APEC economies
No passports or visas. This measure would contribute to the reactivation of tourism and would allow us to get closer to three million tourists by the end of the year. Join the WhatsApp channel Ricardo Acosta, president of the Peruvian Association of Travel and Tourism Agencies (Apavit Peru), proposed that one of the central topics […]
BCP: Peruvian economy continues to show a gradual and cyclical recovery
The BCP Economic Studies Area indicated that the economy continues to show a gradual and cyclical recovery. Along these lines, it maintained its GDP growth projection at 3% for 2024, with the Consumer sector leading the recovery of the economic cycle. “The factors that support the recovery are: supply shocks in 2023 that dissipate (El […]
Follow these 6 tips to use your credit card correctly and not get into debt in the attempt
More and more Peruvians use Credit cards. At the end of 2023, six out of ten Peruvians used this means of payment in their massive purchases and more than six million were issued by the banking system. According to the Central Reserve Bank of Peru (BCR), the Credit card loans increased last year by 10.4% […]
Pessimism returns to haunt private investors
Business expectations about the performance of the economy, personnel hiring and investment returned to pessimistic territory in May, according to the Central Reserve Bank of Peru (BCRP). It is necessary to specify that the issuing entity sets a threshold of 50 points in its survey: above, the reading is positive and below, negative. These three […]
The traditional “banknote shower” in Nigeria, in the sights of the authorities
Newlyweds dance in a Lagos party hall, Nigeria, and their loved ones approach them, placing 500 naira bills, about 0.33 cents, on the floor and in several silver bowls. With these new practices, increasingly common in the country, Nigerians avoid the “naira spraying”, a popular tradition, now banned, of throwing bills during weddings, parties and […]