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New fuel prices to increase up to US$0.09 for the next fortnight in El Salvador
Written by Alondra Gutiérrez
The Ministry of Economy (MINEC) announced the new prices for gasoline and diesel in different zones of the country for the next fortnight.
World Bank: "Global production will be about 2% lower than projected before the pandemic"
Written by Alondra Gutiérrez
The World Bank (WB) in its report "World Economic Outlook June 2021", points out that many emerging markets and developing economies continue to struggle with the Covid-19 pandemic and its consequences.
Rise in prices of basic food basket affects the economy of salvadoran families
Written by Alondra Gutiérrez
The executive director of the Centro para la Defensoría del Consumidor (CDC) Danilo Perez, during a television interview, he addressed the issue of the increase in prices of the basic food basket and how it affects the economy of salvadoran families.
Bitcoin Law to go into effect on september 7 in El Salvador
Written by Alondra Gutiérrez
The President of the Republic announced during the national chain the implementation of the new Bitcoin Law in the country and the bonus it will bring for those who download the electronic wallet called Chivo.
New fuel price hikes anticipated for next week in El Salvador
Written by Alondra Gutiérrez
Fuel price hikes continue, so users and drivers will have to pay more for each gallon they put in their vehicles, affecting the economy of salvadorans.
Ministry of Economy inaugurates the “Foro de Eficiencia Energética” in support of salvadoran companies
Written by Alondra Gutiérrez
The minister of Economy, María Luisa Hayem and the Executive Secretary of the Consejo Nacional de Energía (CNE), Salvador Handal, inaugurated the “Foro de Eficiencia Energética” which was held with Banco de Desarrollo de El Salvador (BANDESAL).
Bitcoin price drops below US$30,000 for the first time in five months
Written by Alondra Gutiérrez
According to the media "Infobae", the largest cryptocurrency by market capitalization in the world reached an intra-daily low of US$29,194, the lowest price since January of this year.
Economic crisis in Latin America and the Caribbean pushes workers into the informal labor market
Written by Alondra Gutiérrez
Economic crises like the one Latin America and the Caribbean are currently experiencing have long-lasting effects on the employment structure and could push many people permanently out of the formal economy, according to a new World Bank (WB) report.
Cumulative exports of goods up to may 2021 register an increase of US$2,698 million
Written by Alondra Gutiérrez
The Banco Central de Reserva (BCR) reported a recovery in the levels of goods exports to may, prior to the Covid-19 pandemic.