Private banks see El Salvadors preliminary agreement with IMF as positive

Business, Politics

The preliminary agreement with the Salvadoran government provides for an increase in liquidity buffers for private banks. Private banks, one of the most important players ...

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UN condemns the closure of 1,500 civil organizations by the Nicaraguan government

Politics

Nicaragua has been going through a political and social crisis since April 2018 The UN Office for Human Rights on Tuesday condemned the closure of ...

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Latin America improves its financial inclusion for the 4th year

Business, Politics

The report measures three fundamental variables: access, use and perceived quality of financial instruments and institutions. Mobile payment applications have become the main driver of ...

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Panama sees 2.1% growth in first half of 2024

Business, Politics

The Monthly Index of Economic Activity (Imae) reports a cumulative growth until the first half of the year of 2.12%. The Monthly Economic Activity Index ...

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Argentina isolates freighter for case suspected of monkey’s smallpox

Politics

The ship comes from Santos city, southeastern Brazil. Argentine health authorities ordered the isolation on the Paraná River of a freight ship from Brazil after ...

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New luxury JW Marriott hotel on pace to break ground in San Salvador in 2025

Business

The Poma Group signed the agreement for the development of the hotel, which will have 186 rooms. The hotel brand JW Marriott will have a ...

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Over 700 U.S. companies have employed Salvadorans on temporary visas

Business, Politics

30 per cent of the beneficiaries received the temporary employment visa in 2024. More than 700 U.S. companies have employed just over 13,000 Salvadorans since ...

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Crime and violence cost 3.5% of GDP in Latin America, says IDB president

Politics

Both problems “increase the cost of doing business, weaken the rule of law and cost us 3.5 percent of the annual regional GDP,” Ilan Goldfajn ...

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Salvadoran cocoa exports break record for the last three decades

Business

The BCR reports that exports of cocoa and derived products grew by 20.8 % in the first semester. Salvadoran cocoa exports reached a record number ...

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Four out of 7 capacitors in the world are made in El Salvador

Business

So far in 2024, El Salvador has exported $77.6 million in capacitors manufactured by Kyocera AVX. The Salvadoran Association of Industrialists (ASI) said Tuesday that ...

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