Displaying items by tag: Latin America
President of Samsung Latin America meets with the President of El Salvador
The president of Samsung Latin America, Hong Sang Jo, visited El Salvador on september 26, in order to explore opportunities for cooperation with the government of the Central American nation and the country's private sector.
El Niño leaves US$70 billion lost in Latin America and the Caribbean
The Banco de Desarrollo de América Latina y el Caribe (CAF) developed the event "El Niño: between droughts and floods", held in Argentina, where experts estimated that, in the last 10 years, losses due to droughts and floods in the region are approximately US$70 billion.
Latin America faces the challenge of moving from labor insertion to labor inclusion
According to the latest statistics from the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labor Organization (ILO), the unemployment rate in Latin America and the Caribbean was 7% in 2022. In other words, 93% of the regional labor force is inserted in the labor market.
Claro Sports to bring the Central American and Caribbean Games San Salvador 2023 to all of Latin America
From june 23 to july 8, Claro Sports will be the home of the Central American and Caribbean Games San Salvador 2023, with the most complete coverage of the event for 17 countries in Latin America.
Citi recognized as Best Sub-Custodian Bank in Latin America 2023
For the 20th consecutive year, Citi has been recognized with the Best Sub-Custodian Bank in Latin America Award by Global Finance Magazine. In addition, Citi was also named Best Sub-Custodian Bank in Argentina, Colombia, Mexico, Panama, Peru and Chile (Banco de Chile*).
Four key trends for policy action in Latin America and the Caribbean: World Bank
Latin America and the Caribbean (LAC) has been one of the regions hardest hit by the global crises , according to the World Bank.
Lending and deposit interest rate for march 2023 was 2.8 the lowest in Latin America
According to the report "Situación Económica de País 2022 y perspectiva 2023", by Universidad Francisco Gavidia (UFG), in El Salvador in march of this year the asset and liability interest rate for march closed with 2.8 percentage points, the lowest in Latin America.
Fiscal policy can facilitate the task of central banks in Latin America: IMF
According to International Monetary Fund (IMF) projections, growth in Latin America will slow from a remarkable 4% in 2022 to 1.6% this year.
Latin America's GDP to grow 1.4% in 2023: World Bank
The Gross Domestic Product (GDP) of Latin America and the Caribbean will only grow 1.4% in 2023 according to William Maloney, chief economist of the World Bank and explains the challenges facing the region.
Regional GDP to grow 1.4% in 2023 and 2.4% by 2024-2025: World Bank
The economies of Latin America and the Caribbean have been relatively resilient in the face of growing debt pressures, inflation and global uncertainty. But new headwinds from falling commodity prices, rising interest rates in developed countries and China's uncertain recovery could once again cast a shadow over the region's prospects.