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El sistema de cambio de divisas flotante de Venezuela, que tiene la cotización más alta en el mercado oficial del país petrolero, cerró ayer en 301.24 bolívares por dólar, treinta veces más que la tasa controlada, informó el Banco Central de ese país (BCV).

Un juzgado de Madrid declaró hoy nulas las cláusulas de umbral mínimo de intereses en contratos hipotecarios en España, y condenó a las entidades financieras a eliminar todas aquellas que no son transparentes y a devolver a los consumidores las cantidades indebidamente abonadas desde el 9 de mayo de 2013.

Banco Santander México firmó un memorando de entendimiento por 500 millones de dólares con K-sure, la agencia de promoción de comercio exterior de Corea del Sur, para fortalecer la relación comercial entre ambas naciones, informó hoy la entidad financiera.

IT LOOKS like a bad joke: the world’s fastest man promoting a bank in the world’s fastest-shrinking big economy. Yet the use of Usain Bolt’s image on posters for Banco Original, a five-year-old Brazilian bank, is apt in a way. In 2015 Original raced ahead at a clip worthy of ...

GOVERNMENT statisticians shun the limelight, which only ever finds them when things go awry. So it is with India’s national bean counters, who are struggling to convince the world that an economy with idle factories, sagging exports and ailing banks grew by 7.5% in 2015, as their models purport to ...

No longer indentured MANY in the Western world may fret about excessive immigration, but in truth its borders are relatively closed. In 2015 migrants made up 15% of America’s population, compared with 88% in the United Arab Emirates (UAE). Migrants go to the Emirates in search of higher wages; 65% come ...

IT WAS a flood of cheap steel from an intimidating new economic power that prompted the passage of the world’s first anti-dumping law. In 1904 Canada’s parliament, angered by soaring imports of cut-price steel from America, imposed punitive tariffs. America is now on the other side of a similar trade ...

You say “tomato”, I say “Zomato” INDIA has surprisingly few brands that are recognised abroad. Some have been acquired, such as Jaguar, Land Rover orTetley tea, which are all part of the Tata conglomerate. One or two business-facing ones exist, such as Infosys, a firm of technology consultants. But consumer marques ...

FIRST a tsunami of steel—next a flood of what? Industrialists all over the place might look nervously at China’s cooling economy and ask that question. The global glut in steel is most alarming because China’s industry dwarfs all others and its mills could easily produce more. Yet other sectors also ...

IN 1965 Diana Vreeland, the editor-in-chief of Vogue, coined a phrase “youth-quake” to describe how baby-boomers were shaking up popular culture. Today the developed world is in the early stages of a “grey-quake”. Those over 60 constitute the fastest-growing group in the populations of rich countries, with their number set ...