Displaying items by tag: negative effects
Saturday, 04 June 2022 16:53
CABEI approves program to mitigate negative effects of fuel price hikes on the economies of countries in the region
Given the escalation of fuel prices worldwide, the Central American Bank for Economic Integration (CABEI) approved an indicative financing of up to US$800.0 million for the "Temporary Support Program in the Face of Rising Fuel Costs in Founding and Non-Founding Regional Countries".
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Economy
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Friday, 10 December 2021 16:16
Transportation sector crisis could last until 2023 and sustain negative effects on the economy
Global trade underwent substantial changes as of march 2020, after the Covid-19 pandemic was declared. Trade exchanges altered their dynamics during most of the previous year, so that, at the end of the confinement periods, there was a phenomenon of over-demand of goods, especially those coming from the Asian continent, multiplying the costs of cargo transportation and logistic services.
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Economy
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