Tag Archives: el salvador

BanColombia SA – Consensus indicates a potential decline of -5.1%

BanColombia SA with ticker code (CIB) now have 10 analysts covering the stock with the consensus suggesting a ‘Hold’ rating. The target price ranges between 40.7 and 23.66 with an average TP of 33.44. Together with the stock’s previous close at 35.25, this indicates that there is downside potential of …

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The invasion of Russia and Ukraine will increase oil prices

Oil wells in Lake Maracaibo, in the western region of Venezuela. PA Rising oil prices triggered by Russia’s invasion of Ukraine could create a big problem for the Biden administration in Latin America: it could create havoc for oil-importing countries in Central America and the Caribbean , and could encourage …

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BanColombia SA – Consensus indicates a potential decline of -2.8%

BanColombia SA with ticker code (CIB) now have 10 total analysts covering the stock. The consensus rating is “Hold”. The range between the target price high and the target price low is between 40.7 and 23.66 calculating the average target price we see 33.44. With the stock’s previous close at …

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Today in B2B: RangeMe adds a direct purchase option

In B2B payments today, one in four U.S.-based global businesses will invest in Accounts Payable (AP) and Accounts Receivable (AR) integration over the next three years, and Convictional is raising $40 million. dollars at a fundraiser. Additionally, FinTech Transact365 launched its payment platform in Latin America and more. 25% of …

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Payment service provider Transact365 lands in Latin America

UK-based fintech Transact365 has launched its Global Payments Platform in Latin America (LATAM), making it one of the largest alternative payment platforms in the region. The move enables cross-border and local e-commerce transactions through bank transfers and local payment methods such as PIX and Boleto, ensuring that consumers in the …

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BanColombia SA – Consensus indicates downside potential of -0.3%

BanColombia SA with ticker code (CIB) now have 10 total analysts covering the stock. The consensus rating is “Hold”. The target price ranges between 40.7 and 23.66 calculating the average target price we see 33.44. Together with the stock’s previous close at 33.54, this indicates that there is downside potential …

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Now Argentina is moving to Russia after sealing BRI deal with China

Through Chris Devonshire-Ellis South America is becoming increasingly receptive to Russian trade and economic viability Argentinian President Alberto Fernandez was in Beijing for the opening ceremony of the Winter Olympics and signed an agreement with China to join the Belt and Road Initiative. Argentina endured economic problems with loans to …

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Bladex Successfully Leads Syndication of $101.5M Two-Tranche Senior Facility for CrediQ

PANAMA CITY, February 7, 2022 /PRNewswire/ — Banco Latinoamericano de Comercio Exterior, SA (“lamex“or the”Bank“;NYSE:BLX) today announced the successful closing of a $101.5 million senior double-tranche syndicated loan (the “Ease“) for Inversiones CrediQ Business, SA and its subsidiaries in Costa Rica and El Salvador (“CreditQ“or the”Society“). lamex was the sole …

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Logbook: DHL delivers 2 billion vaccines against COVID-19

The logbook is a weekly digest of human interest stories related to the transportation industry. This week: DHL hits its delivery goal of 2 billion COVID-19 vaccines, United Petroleum names its Driver of the Year, and GXO donates more than 20,000 pounds of food to families in Europe. DHL delivers …

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JONES: Canada has officially become a soccer nation

Breadcrumb Links Football John Herdman’s national team put three exclamation marks behind that statement in January’s three-match window of FIFA World Cup qualifiers that ended in a 2-0 win at El Salvador on Wednesday . El Salvador midfielder Jairo Henriquez (L) and Canadian defender Scott Kennedy watch the ball during …

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Biden in Latin America: A Humble Beginning

Photo sources: Ivan Valence/Getty Images Latin America and the Caribbean has not been a priority for President Biden’s foreign policy team. Nor could this be the case: the region has no prominent inter-state conflicts, no nuclear weapons (¡Gracias a Dios!), no threatening international terrorist organizations. China and Russia are distant …

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the region’s main ally in overcoming the health crisis and reviving the economy

Tegucigalpa, January 26, 2022.- Over the past two years, in the context of the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) has proven to be the main strategic ally of its member countries, playing an important role as a supplier cooperation, donations and funding to support efforts …

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Costa Ballena’s Bitcoin Project aims to boost Costa Rica’s local economy:

In June of last year, Central America took center stage in the cryptocurrency world when President of El Salvador Nayib Bukele announced his intention to introduce legislation to establish Bitcoin. as national currency. At the time, Bukele said he wanted to create jobs and “improve the lives and futures of …

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The Dominican Republic has fared better than its peers

[ad_1] Santo Domingo, DR.The Dominican Republic is showing a recovery that is appreciated as a success by the international community, highlighting the opinions of the most prestigious risk rating agencies, the most representative institutions of the international bank and various multilateral organizations. An analysis by Pagina Abierta of the Central …

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Latin America and the Caribbean: forecast for 2022

[ad_1] Photo source: Adalberto Roque / AP via Chicago Tribune 2022 will likely be a turbulent year, but ultimately very difficult for Latin America, the Caribbean and the Biden administration’s engagement in the region. The year will begin with the hope that the region slowly regains the upper hand in …

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Bitcoin Beach Galoy Wallet Creator Aims To Replicate The El Salvador Project

Galoy, the startup that created the open-source, Lightning Network-enabled Bitcoin Beach wallet, recently completed a $ 3 million funding round to speed up operations and help bring its Bitcoin banking platform to more communities, companies and governments. Miami-based Galoy launched Bitcoin Beach as a proof of concept in the surf …

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Highlights of Pandora Papers Reports in Latin America

[ad_1] From street demonstrators to dramatic impeachment offers to criminal investigations, the past few months have been tumultuous for Latin America since the publication of the Pandora Papers. The region has also seen a series of historic political shifts in the last election, including some of the main candidates implicated …

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China’s breakthroughs in Latin America and the Caribbean require a new strategy

[ad_1] The Nicaraguan Foreign Ministry officially abandoned diplomatic recognition of Taiwan and established relations with China last week. “The People’s Republic of China is the only legitimate government that represents all of China, and Taiwan is an inalienable part of Chinese territory,” the ministry said in a statement. This decision …

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Nicaragua receives vaccines after restoring diplomatic relations with China

[ad_1] On Sunday December 12, Nicaragua received the first 200,000 doses of the Sinopharm vaccine against COVID-19. This is the first shipment of a million doses promised by China, just three days after the regime of Daniel Ortega and Rosario Murillo severed diplomatic relations with Taiwan in order to reconnect …

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Sons of former President of Panama extradited to US after multiple country chase

[ad_1] Brooklyn court plans to bring former Panamanian president’s son to justice on Saturday over money laundering extradition case that prosecutors say involved a stealthy jaunt to the Bahamas over false information ID cards and a private jet idling on a tarmac in Guatemala. The accused, Ricardo Alberto Martinelli Linares, …

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Son of ex-Panamanian president extradited to the United States – English version

[ad_1] Guatemala extradited the son of a former Panamanian president to the United States on charges of conspiring to launder millions of dollars in bribes in a scheme that involved several senior officials in the United States. Latin American government. The Justice Department announced that Luis Enrique Martinelli Linares, 39, …

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Ortega’s isolation from the OAS “will indirectly affect” financial entities

[ad_1] The extent of the economic repercussions that Nicaragua could possibly suffer from its departure and / or its suspension from the Organization of American States (OAS) remains to be seen, warned economist and political scientist Enrique Saenz. Likewise, its effect on the socio-political crisis in which the country is …

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UNHCR – United Nations High Commissioner for Refugees calls for regional mechanism to address unprecedented displacement in Mexico and Central America

[ad_1] Unidentified people walk by a fence marking the US-Mexico border in Tijuana, Mexico. © UNHCR / Santiago Escobar-Jaramillo GENEVA – United Nations High Commissioner for Refugees Filippo Grandi concluded a 10-day visit to Mexico, El Salvador and Guatemala with a passionate appeal for a regional mechanism that would help …

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The Principles for a Responsible Banking open a new path for banks to collectively accelerate action in favor of universal financial inclusion

[ad_1] The Principles for Responsible Banking Commitment to Financial Health and Inclusion is a unique banking industry accelerator initiative to promote universal financial inclusion and health. 28 signatory banks joined the leadership group by signing the Commitment Targets should be set and published within 18 months of signing, with an …

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BanColombia SA – Consensus indicates potential increase of 10.7%

[ad_1] BanColombia SA found using ticker (CIB) now have 10 analysts covering the stock with the consensus suggesting a rating of “Hold”. The target price is between 40.7 and 23.66, with the average target price being 33.44. Now, with the previous closing price of 30.22, this indicates that there is …

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The inauguration of the CABEI headquarters in Managua will seal the Mossi-Ortega alliance

[ad_1] The upcoming inauguration of the new headquarters of the Central American Bank for Economic Integration (CABEI), in Managua, which is being built in Plaza Cobirsa at a cost of $ 16.5 million, testifies to the magnificent relations existing between the executive president of this institution, Dante Mossi, with the …

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GGGI opens office in Costa Rica to support green agenda

From left to right: Ban Ki-moon, President of the Global Green Growth Institute, Frank Rijsberman, Director General of GGGI, Rodolfo Solano Quiros, Minister of Foreign Affairs of Costa Rica and Carlos Alvarado Quesada, President of Costa Rica, sign an agreement on Monday host country with GGGI in Seoul. (Sanjay Kumar …

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Sport fishermen can help change this:

Tuna like Yos Disan’s recent catch is common nowadays near the shore At the same time, the number of sailboats captured and released by the sport fishing fleet is down 70% in some parts of the country while commercial sailboat landings have increased by 126%. Even though the law states …

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Structural reforms cannot be delayed

[ad_1] A health worker inoculates a man with a dose of Pfizer-BioNTech’s COVID-19 vaccine in the Santa Anita district on the eastern outskirts of Lima on November 15, 2021. (Photo by ERNESTO BENAVIDES / AFP via Getty Images) By Ignacio Munyo Americas News, Montevideo, Uruguay, Tue 16 November 2021: Latin …

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El Salvador – Telecoms, Mobile and Broadband

Sydney, November 15, 2021 (GLOBE NEWSWIRE) – Just published, this edition of the BuddeComm report describes the latest developments and key trends in the telecommunications markets. – https://www.budde.com.au/Research/El-Salvador-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW Economic potential is limited by the relatively small population, while the country’s telecommunications sector has been constrained by poor infrastructure and unequal …

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Salvador: thousands march against President Nayib Bukele

Q24N (DW) Thousands of demonstrators took to the streets of El Salvador’s capital, San Salvador, on Sunday to demonstrate against the government of President Nayib Bukele. While grievances against Salvadoran President Nayib Bukele were varied, the united message was one against authoritarianism While Bukele was at the center of the …

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Team Biden ignores Communist China at America’s peril

[ad_1] OPINION: Communist China’s military and rhetoric escalation against Taiwan is testing the Biden administration’s response to America’s most dangerous geopolitical adversary. As speculation grows about President Xi Jinping’s next move and breathless commentators discuss the possibility of war against the island nation, the CCP continues to advance a truly …

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Electronic pole | Global finance magazine

[ad_1] Latin American economies benefit from a dynamic and innovative fintech sector. Already Latin America’s largest neobank, São Paulo-based fintech Nubank could surpass the $ 55.4 billion market value of Itaú Unibanco, Brazil’s historic first bank, when Nubank launches its planned Nasdaq IPO, according to press service reports. This is …

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Growth, production, consumption, exports, imports, etc.

DUBLIN, October 5, 2021 / PRNewswire / – The “World Furniture Outlook 2021/2022” report has been added to ResearchAndMarkets.com offer. Research and Markets logo The World Furniture Outlook 2021/2022 provides an overview of the global furniture industry through historical series of basic data (furniture production, consumption, imports, exports 2011-2020) and …

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Family remittances support Nicaraguan economy

Western Union office. Photo file By La Prensa HAVANA TIMES – As of August of this year, remittances to Nicaragua totaled $ 1.381 billion. Of these, 866.1 million came from the United States, an amount that provides significant support to the Nicaraguan economy, according to data from the Central Bank …

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Global Gig Economy and Sharing Economy Market 2021-2027 in Covid-19 100% Accurate Analysis of Company Actions and Strategic Development

Gig economy and sharing economy market set to mature despite latest impact of COVID-19 Market research store recently published a report titled Global Gig Economy and Sharing Economy market. The research report covers the factors associated with development opportunities that exist across the globe. The research report talks about historical …

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Costa Rica has the lowest inflation in the region

[ad_1] QCOSTARICA – Costa Rica recorded the lowest inflation in the Central American region during the first seven months of the year. Highest El Salvador, according to Ranking of the regional index. Between January and July, the indicator only increased by 0.55% in the country, while the interannual variation (which …

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Six things we liked this week, two we didn’t like

We liked this week Wallingford Mayor William W. Dickinson Jr. has approved the installation of new air conditioning and other upgrades for the Animal Control Office. Lack of air conditioning in shelters became a political issue in June when temperatures hit nearly 100 degrees. Dickinson said he would follow the …

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Resources for Hispanic Immigrants and Their Families

September 15 marks the start of National Hispanic Heritage Month. The date is remarkable because five Spanish-speaking countries – Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua – celebrate their independence on this day. In the eyes of the US government, Hispanic is not limited to race or ethnicity, but …

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Business Opportunities – Central America Webinar Series

[ad_1] Business Opportunities – Central America Webinar Series Sign up online From September 2021 to January 2022, the US Commercial Service organize a Central America webinar series focused on highlighting business opportunities and key projects in the region’s most promising sectors including agriculture, food processing and packaging equipment, auto parts …

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International: World Bank Suspension and Exclusion Office launches Global Suspension and Exclusion Directory

[ad_1] In short The World Bank Office of Suspension and Debarment recently announced the launch of the Global Suspension and Debarment Directory, a comprehensive resource on exclusion systems in 23 different jurisdictions and institutions, including Australia, Brazil, Canada, China, Costa Rica, El Salvador, Estonia, Germany, Guatemala, Honduras, Korea, Republic of …

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Salvadoran Congress approves 600 million loan with CABEI

[ad_1] San Salvador, Jul 13 (EFE) .- The Legislative Assembly of El Salvador on Tuesday approved the subscription of a loan of 600 million dollars from the Central American Bank for Economic Integration (CABEI). The loan, which must be approved after negotiations with the financing entity, “will strengthen the General …

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Cóbano-designed cryptocurrency reaches consensus

[ad_1] Nimiq, whose main development pole is located at Santa Teresa, in Cóbano de Puntarenas, and the German Bank TEN31, will implement the Nimiq OASIS (Open Asset Swap Interaction Scheme) blockchain platform for purchases and transactions with cryptocurrencies by wire transfer. The deal was noted by Yahoo! News as “a …

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The Central American Bank for Economic Integration

[ad_1] the Central American Bank for Economic Integration (CABEI) announced last Monday that he would work with the Government of El Salvador give advice on launching the new cryptocurrency scheme using Bitcoin. During a press conference, the Executive Chairman of CABEI, Dr. Dante Mossi, underlined that “the Bank, always attentive …

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ON THIS DAY IN HISTORY

[ad_1] ON THIS DAY OF 1937, the Brooklyn Daily Eagle reported: “WASHINGTON – The Prophets are somewhat concerned that President Roosevelt will coup for a two-judge compromise on Supreme Court packaging. There are about six senators you cannot put your finger on. They could downgrade. However, the odds are still …

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White House announces new vaccination incentives

[ad_1] By Ernie Mundell and Robin Foster Health Day Reporters THURSDAY June 3, 2021 (HealthDay News) In a bid to convince hesitant Americans to get vaccinated against COVID-19, President Joe Biden on Wednesday announced a host of new vaccination benefits thanks to a private sector initiative. “Despite all the progress …

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Blinken’s visit to Costa Rica is a smart first step

[ad_1] During his first in-person foray into inter-American affairs, the Secretary of State Antony BlinkenAntony BlinkenBiden walks the fine line with investigation into origins of coronavirus White House urged to evacuate Afghan allies as time is running out China is already winning World War III, via cash MORE visit Costa …

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Best Banks in the World 2021: Central America

[ad_1] Global Finance presents this year’s best Central American banks. Few Central American governments had fiscal space over the past year to address the physical health of the people or strengthen the economic health of the country. This has made banks all the more important as bulwarks of stability and …

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