The Banco de la Nación has detected a new type of fraud that uses its name to deceive its clients. Through a statement, the banking entity warns its users about this threat and asks them to take measures to protect themselves. Scammers pose as representatives of the banking entity to contact users through private messages […]
Tag: economy
Nobel Prize in Economics Joseph Stiglitz Warns of Growing Inequality
Joseph Stiglitz, Nobel Prize-winning economist, criticizes the role played by the State today in his new book, ‘Rethinking the Meaning of Freedom’. Along those lines, he argues that deregulation and lack of protection harm Americans and undermine meaningful democracy. The Nobel Prize winner affirms that capitalism has caused massive inequalities, as well as the rise […]
How is Venezuela’s migration crisis hitting the Curacao free zone?
Curacao seeks “normalize” the exchange with Venezuela, which came to represent 60% of the trade in its free zone, key to its economy. A year ago the borders reopened after a long closure, but there is another obstacle: the immigration restrictions on Venezuelans, who since 2021 need a visa to enter the island. The visa […]
Bolivians run out of dollars: citizens buy greenbacks at a high price
Bolivia is once again facing a crisis that is likely to intensify in the coming months. Although in recent years the South American country has experienced notable development thanks to its reforms and the discovery of precious minerals in the area, such as lithium; With the passage of time, more solid development has not been […]
Zimbabwe will start using its new currency from April 30
The governor of the Reserve Bank of ZimbabweJohn Mushayavanhu, announced this Tuesday that a new currency, the gold of Zimbabwe (ZiG), will enter circulation starting on the 30th, the country’s latest measure to strengthen its unstable economy. “ZiG banknotes and coins will be distributed on April 30 for use by the public”Mushayavanhu said in an […]
Spanish tourism sector plans to break records again in 2024
He tourism in Spain, second world destination, is going to break its 2023 record this year, according to the Exceltur employers’ association, while expressing its “worry” due to the growing protests against the excess of visitors. The tourist GDP of Spainfor the first time it would exceed 200,000 million euros” (almost US$ 213,000) in 2024, […]
The IMF and the WB face meetings with optimism regarding the resilience of the economy
The International Monetary Fund (IMF) and the World Bank (B.M.) spring meetings begin this April 15 with the optimism that the economy will rise in 2024 than expected, despite the complex global situation derived from the wars in Ukraine and Gaza and the increasing geopolitical polarization. If just a year ago the managing director of […]
Peru will expand its FTA with China before the APEC 2024 summit: Chancay will be its “Golden Key”
The Peruvian Government will propose changes to the Free Trade Agreement (FTA) with China with a view to the summit of APEC 2024which will have the Chancay megaport as the cornerstone for its commercial showcase to the world. During a breakfast organized by the Chinese Chamber of Commerce (Capechi), The Vice Minister of Foreign Trade, […]
World Bank: a third of Peruvians were poor in 2022
According to the last update in March 2024, the World Bank declared that poverty in our country reached 32.2% and the vulnerability line was 39.4%. In that sense, approximately 7 out of every 10 Peruvians found themselves in a situation of poverty or vulnerability. This reveals that until now both levels remain above pre-pandemic figures, […]
Half of a mortgage will be paid with the AFP
Today the reform of the pension system will be debated in the Economy Commission of the Congress. In the text presented last Friday the 22nd, a complementary provision was introduced that opens the possibility of withdrawing 50% of your individual capitalization account (CIC) to pay a mortgage loan. This article, which had not been touched […]