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USA
Remittances are still among the most important source of income for many LatAm countries and their inhabitants
According to the World Bank's 'Migration and Development Review,' remittances to low- and middle-income countries experienced an 8% uptick in the last year, reaching US$647 billion. Of this, Latin America contributed US$145 billion, signifying a regional growth of 11.3%. Mexico, in particular, witnessed a 12.9% surge to US$61.1 billion in ...
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Brasile
Brazilian President asserts EU cannot coerce Mercosur into trade agreement
Luiz Inácio Lula da Silva, the President of Brazil, stated that the European Union (EU) should not pressure the Southern Common Market (Mercosur) into signing a trade agreement. He voiced this opinion ahead of his discussions with Emmanuel Macron, the President of France, on this topic. President Lula is scheduled ...
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Brasile
Brazil’s Central Bank survey forecasts growth above 2% for the first time
Brazil's economy is predicted to grow by 2.14% this year, marking the first time it's projected to rise over 2% for 2023, as per a consensus forecast from around 100 institutions revealed by the country's Central Bank. This projection, up by three-tenths from last week's estimate, reflects a significant uptick ...
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Cina
China’s Economic Rebound Hits a Wall, With ‘No Quick Fix’ to Revive It
Policymakers and investors expected China’s economy to rev up again after Beijing abruptly dropped Covid precautions, but recent data shows alarming signs of a slowdown.
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USA
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Kenya
How new CBK boss can stem shilling's free fall
Kenya acquired additional significant IMF debt in 2021 as growth, investment and foreign exchange earnings were insufficient to manage the dollar to keep up with its strengthening.
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Kenya
Kenya to reduce duty for EU imports after inking trade pact
The long-awaited deal was necessitated after the rest of the East African Community(EAC) Partner countries failed to either ratify or sign an earlier agreement negotiated at a regional level.
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Nigeria
NMDPRA Denies Approving Import Licence For Dangote
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has firmly refuted circulating allegations suggesting that the Nigeria National Petroleum Company Limited (NNPCL) lacks the authority to issue oil import licenses. The NMDPRA also clarified that it had not granted any permit to the Dangote Group for oil importation in ...
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Messico
El presidente de México anuncia una reforma para reconocer los derechos de los animales
El presidente mexicano, Andrés Manuel López Obrador, anunció este lunes que propondrá una iniciativa de reforma constitucional para reconocer los derechos de los animales y declararlos como seres sintientes.
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Nicaragua
Caen las exportaciones en los primeros cuatro meses de 2023
Al cierre del primer cuatrimestre, las exportaciones totales sumaron 2630.6 millones de dólares, registrando una reducción de 0.4% con respecto al mismo período de 2022, cuando redondearon USD 2641.0 millones, indicó el Banco Central de Nicaragua (BCN), al publicar las Estadísticas sobre Comercio Exterior correspondientes al mes de abril del ...