Displaying items by tag: negative effects

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".

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.