Mexicowhich will hold general elections next Sunday, is the second economy of Latin America, but he is shaken by the violence linked to organized crime and tensions with USA due to migration. Gateway to the USA Mexico, the largest Spanish-speaking country in the world with 129 million inhabitants (Statistics Institute, 2023), shares a border of […]
Tag: economy
The peso and El Toque: controversy over the reference (informal) exchange rate in Cuba
The collapse of Cuban peso in the informal market and its recent ups and downs have unleashed doubts in the population and a campaign in official media against the independent digital newspaper El Toque, which publishes the exchange rate that has become a reference on the street. The media campaign intensified as the dollar rapidly […]
Migrants, the “backbone” of the United States economy
Would it still be USA the first world economic power with less migrants? “No”why are “spinal column”the engine that moves the machine and on which many essential sectors depend, experts say. The Congressional Budget Office, an independent official agency, is clear: the rebound in migration will boost the United States economy by about $7 trillion […]
China lowers housing entry fees to support the real estate sector
China announced this Friday reductions in the entry fees necessary to purchase homes in a new attempt to rebuild the real estatemired in a major crisis for years. Thus, it is reduced to the fifteen% of the minimum deposit that must be provided by those who wish to acquire their first home, and at the […]
Know what to do if you are not paid your 2024 utilities this May 13
According to the Annual Income Tax Affidavit, every company must pay profits to its workers within certain time limits. May 13 is the last day on which companies must benefit their workers with the extra profits generated by them. However, what happens if the company I work for hasn’t paid me my profits yet? If […]
Yapea to Chile for free: discover the steps to send money to the Teenpo wallet
Digital wallets are increasingly used by citizens of the world in their daily lives, opening up the possibilities for more needs of this type. Faced with this urgency of the daily panorama, Yape —the Peruvian fintech— and Teenpo —the Chilean fintech— have made an agreement to promote financial inclusion between both Pacific countries, with the […]
How much will I receive from CTS if I earn S/1,025? Discover how to calculate the amount that corresponds to you
The disbursement of the CTS seems to have the same fate as the AFP in the Government Palace. On May 2, the Congress of the Republic debated in plenary session the Extraordinary law that enables the disbursement of 100% of the CTS. This proposal was developed by the Labor Commission and in parallel by the […]
Dina Boluarte will evaluate withdrawal of CTS: when could the law be enacted?
Thursday, May 2, The Congress of the Republic debated the law that allows 100% of workers’ CTS to be withdrawn and was approved with 98 votes in favor, 9 against and 1 abstentionso the law is valid until December 2024. That same day, the president of Congress, Alejandro Soto signed the law so that it […]
When can I request my withdrawal from the 4UIT in the AFP Integra 2024?
As is public knowledge, the AFP Association has published the withdrawal schedules for retirement pensions on May 3, which marked the first step to the seventh extraordinary law that the Congress of the Republic approved. In this way, it was granted this new disbursement to members of the Private Pension System (SPP). The Superintendency of […]
Yape provides credits from S/50 to S/10,000: what requirements do I need?
They are around 13 million Peruvians are affiliated with the Yape digital wallet app; and today, at least, they are 10 million transactions recorded by this BCP bank application. Among this fluidity of transactions and potential clients, Christína Saavedra, the leader of Préstamos Yape, indicated in an interview for Retail Perú that 1 in 3 […]