At least 828,000 people have lost their job or have no way of accessing it in Türkiye and in Syria due to the earthquakes that affected both countries last February, as assessed today by the International Labor Organization (ILO). In the case of Turkey, the earthquakes have left 658,000 people unable to continue working, confirmed […]
Tag: economy
Perupetro insists with partial reprivatization of Talara lots
In February, the Ministry of Energy and Mines (Minem) announced that 100% of the Talara oil blocks would be reverted to Petroperú. A month later, President Dina Boluarte ratified this decision in Piura and guaranteed the supply of crude oil to the New Talara Refinery (NRT) for the sake of a modern hydrocarbons industry. For […]
Latin America sees return of Chinese loans after pause due to COVID
Latin America is becoming a destination for Chinese loans again, after the pandemic of covid-19 lead to a suspension of such agreements in a region that has received about $136 billion in debt from state-owned banks in the Asian giant. Brazil, Barbados and Guyana last year received a total of $813 million of the China […]
How much does an American tourist who arrives in Peru spend on vacation?
In order that the tourist companies improve their business strategies for the reactivation of the sectorthe Commission for the Promotion of Peru for Exports and Tourism (Promperú) conducted a study of foreign tourist profile 2022to know in depth what type of travelers visit our country, what destinations and activities they prioritize, as well as the […]
Regional banks, an essential link in the US economy
shaken by the banking crisis and the concern of their clients, the regional banks of USA they are an essential link in the economy by financing small businesses and individuals. “My banker makes my life easier”sums up Barrett Hill, a farmer in central Illinois (northeast United States). If you need a loan for land or […]
Argentina’s GDP grew 5.2% in 2022 and contracted 1.5% in the fourth quarter
gross domestic product (GDP) of Argentina accumulated an advance of 5.2% last year, well below the rebound of 2021, and registered a contraction of 1.5% in the fourth quarter of 2022 compared to the third quarter, official sources reported this Wednesday. That of the fourth quarter is the first negative quarter-on-quarter variation in GDP since […]
AFP: How many withdrawals have you approved to date and which projects are requesting a new release of funds in 2023?
The COVID-19 pandemic brought, in addition to irreparable human lossesa severe contraction of the world economy. In our country, for alleviate this depressed situationwere approved extraordinary withdrawals from individual AFP funds. How many have been approved to date? and what new projects are on the inkwell that request a new disbursement during this 2023? We […]
Fed raises rates and says the US banking system is “safe”
The us federal reserve (Fed, central bank), raised its reference rates moderately by a quarter of a percentage point to 4.75-5.00% as expected by the market, still concerned about inflation and despite problems in the banking sector that could “weigh ” on economy. The Fed argued that the problems of the banking sector “They are […]
Central Bank of Ecuador, awarded at the Central Banking Awards
The Central Bank of Ecuador (BCE) reported on Monday that it was awarded the international award for Initiative of the Year at the Central Banking Awards. This award recognizes the recent innovative efforts of the institution for its Gold Marketing Program, which seeks to promote the formalization of small-scale and artisanal miners, promote the best […]
Fixed-term deposit: which banks, finance companies and municipal savings banks pay the best rates in March?
who have a surplus money they usually save it under the mattress, in savings accounts, mutual funds or time deposits. In this note we offer you a bank tour so that you know which finance companies, municipal savings banks and banks — regulated by the Superintendency of Banking, Insurance and AFP (SBS) — best remunerate […]