S&P maintains El Salvador’s rating

The agency catalogued the opportunistic operation because the government was able to meet the obligations without the transaction at prices slightly above the markets. S&P ...

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Lula wants to charge tax on Brazilian millionaires to help those who earn less

According to the president, there is tax injustice in Brazil because the richest do not pay taxes on dividends generated by profits in shares or ...

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World Bank puts Panama’s economic growth at 2.4% in 2024

The World Bank (WB) put Panama’s economic growth at 2.4 percent in 2024, while by 2025 it expects 3.0 percent and by 2026 a4.0 %, ...

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El Salvador aims to launch first nuclear reactor by 2030

Over the next seven years, the government also expects to train more than 400 people in the nuclear area. The Directorate General for Energy, Hydrocarbons ...

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Latin America had zero GDP per capita growth in the last decade, according to the IDB

The challenge is linked to early technology investments, with the “talent entrepreneurship as the central axis of development,” as well as informality, which represents a ...

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Walmart to donate $300,000 in equipment and products to Central America’s food banks

During 2023, Walmart donated almost 6,873 tons of products from stores, distribution centers and plants to the Food Banks in Central America, benefiting 430,842 Central ...

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Government sends draft Nuclear Energy Act to the Assembly: El Salvador

Directorate-General for Energy may grant or revoke licences related to the generation of nuclear power. The Minister of Economy, María Luisa Hayem, presented to the ...

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Foxconn says it will Build world’s largest ‘superchip’ plant in Mexico

The mega factory will be built in the state of Jalisco (west), with coasts over the Pacific and known worldwide for tequila production. Taiwanese tech ...

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El Salvador’s services exports grew by 35% in Q1 2024

Salvadoran companies exported more than $1,506.8 million between January and March 2024. Exports of services grew by 35.2 per cent in the first quarter of ...

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Minec says Salvadoran economy will grow 3.5% in 2024

Second-quarter GDP grew by only 1.4 per cent, according to the Central Reserve Bank. The Ministry of Economy (Minec) maintains firm that the Salvadoran gross ...

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