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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »The Dominican Republic has fared better than its peers
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 Bank …
Read More »Latin America and the Caribbean: forecast for 2022
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 its …
Read More »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 …
Read More »Highlights of Pandora Papers Reports in Latin America
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 in …
Read More »China’s breakthroughs in Latin America and the Caribbean require a new strategy
The Nicaraguan Foreign Ministry officially abandoned diplomatic recognition of Taiwan and established relations with China last week. âThe People’s Republic of China is the only legitimate government that represents all of China, and Taiwan is an inalienable part of Chinese territory,â the ministry said in a statement. This decision is …
Read More »Nicaragua receives vaccines after restoring diplomatic relations with China
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 them …
Read More »Sons of former President of Panama extradited to US after multiple country chase
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, was …
Read More »Son of ex-Panamanian president extradited to the United States – English version
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, was …
Read More »Ortega’s isolation from the OAS “will indirectly affect” financial entities
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 plunged …
Read More »UNHCR – United Nations High Commissioner for Refugees calls for regional mechanism to address unprecedented displacement in Mexico and Central America
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 scale …
Read More »The Principles for a Responsible Banking open a new path for banks to collectively accelerate action in favor of universal financial inclusion
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 annual …
Read More »BanColombia SA – Consensus indicates potential increase of 10.7%
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 upside …
Read More »The inauguration of the CABEI headquarters in Managua will seal the Mossi-Ortega alliance
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 head …
Read More »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 …
Read More »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 …
Read More »Structural reforms cannot be delayed
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 America …
Read More »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 …
Read More »US to announce new sanctions against Nicaragua “very soon”, official says
FILE PHOTO: A woman watches a televised speech by Nicaraguan President Daniel Ortega at an event where he agreed with his Honduran counterpart Juan Orlando Hernandez to define their borders in the Caribbean Sea and the Pacific Ocean, including the Gulf de Fonseca, which they share with El Salvador, in …
Read More »FacePhi targets Central America and the Caribbean with the GBM partnership
FacePhi is looking to expand its reach to new markets in Latin America. The company has entered into a strategic partnership with GBM, which already acts as the exclusive distributor of IBM solutions in the countries where it is active. In this regard, GBM mainly focuses on Central American and …
Read More »BanColombia SA – Consensus indicates downside potential of -6.0%
BanColombia SA with the ticker code (CIB) now have 10 analysts covering the stock with the consensus suggesting a “Hold” rating. The range between the high target price and the low target price is between 40.7 and 23.66 by calculating the average target price that we see 33.44. With the …
Read More »Green Fund grants US $ 174.3 million to Central America dry corridor
The Green Climate Fund has granted the so-called Central American Dry Corridor $ 174.3 million which will serve to increase the capacity to adapt to the effects of the climate crisis, an official source reported on Thursday. The Central American Bank for Economic Integration (CABEI) said in a statement that …
Read More »BanColombia SA – Consensus indicates downside potential of -9.0%
BanColombia SA found using ticker (CIB) now have 10 total analysts covering the stock. The consensus odds are âHoldâ. The range between the high target price and the low target price is between 40.7 and 23.66 and has an average target of 33.44. Now, with the previous closing price of …
Read More »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 …
Read More »Team Biden ignores Communist China at America’s peril
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 global …
Read More »BanColombia SA – Consensus indicates downside potential of -5.9%
BanColombia SA found using ticker (CIB) now have 10 total analysts covering the stock. The consensus odds are âHoldâ. The range between the high target price and the low target price is between 40.7 and 23.66 by calculating the average target price that we have 33.44. Given that the previous …
Read More »Electronic pole | Global finance magazine
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 not …
Read More »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 …
Read More »As Missouri’s Hispanic population grows, building trust is key to bridging the cultural divide • Independent from Missouri
Tell us what you think… When Eduardo Crespi worked as a nurse at the University of Missouri Hospital in Columbia over 20 years ago, he had a full load of patients to care for. But on top of that, he was also called upon to translate for Spanish speaking patients …
Read More »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 …
Read More »$ 866.1 million in transfers from the United States to support the economy
Remittances totaled $ 1,381.6 million in August this year, of which $ 866.1 million came from the United States, reflecting the support that remittances from that economy mean to the Nicaraguan economy, according to the reports. data from the central bank of Nicaragua. (BCN). The $ 1,381.6 million reached in …
Read More »Fall in production, consumption and investment in August in the middle of the 4th wave of the pandemic
South Korea’s trade ministry said on Tuesday it had agreed with Uruguay to make joint efforts to speed up negotiations for a free trade agreement with a group of southern countries. Americans. Commerce Minister Yeo Han-koo plans to meet with his Uruguayan counterpart, Francisco Bustillo, practically later in the day …
Read More »Costa Rican banks continue to prepare Apple Pay ahead of planned launch
It has been a few months since 9to5Mac began reporting on Costa Rican banks preparing to launch Apple Pay in the country. Now Banco Promerica has just uploaded the terms and conditions for Apple’s payment system on its web page. As you can find here, Banco Promerica has downloaded the …
Read More »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 …
Read More »A “green arms race” could be great for Latin America
At the United Nations General Assembly last week, President Joe Biden pledged his administration would work to double aid to developing countries to tackle climate change, to more than $ 11 billion a year by 2024. Not to be outdone, President Xi Jinping said, in a marked change from previous …
Read More »CAGR value, SWOT analysis and EBITA analysis – Stillwater Current
Core banking software market set to mature despite latest impact of COVID-19 Market research store recently released a report titled Global Basic Banking Software Market. The research report covers the factors associated with development opportunities that exist across the globe. The research report talks about historical and future data obtained …
Read More »Costa Rica has the lowest inflation in the region
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 is …
Read More »Citi named best corporate / institutional digital bank in Jamaica
Citi was recognized as the best corporate / institutional digital bank in Jamaica by Global Finance magazine in the 22sd annual competition âWorld’s Best Business Banks / Digital Institutions in Latin Americaâ. This is the second year in a row that Citi Jamaica has been recognized as the best digital …
Read More »EMERGING MARKETS – Evergrande contagion fears in China are wreaking havoc in all markets
Band Susan Mathew September 20 (Reuters) – Concerns about the fallout from a possible default by property developer China Evergrande caused emerging market bonds to spiral downwards on Monday, as stocks and currencies experienced their worst fall in a month. Central bank meetings this week, notably those in Brazil and …
Read More »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 …
Read More »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 …
Read More »BanColombia SA – Consensus indicates potential increase of 0.5%
BanColombia SA found using ticker (CIB) now have 10 total analysts covering the stock. The consensus odds are âHoldâ. The range between the high target price and the low target price is between 37 and 23.76 and has an average target of 32.92. With the stock’s previous close at 32.75, …
Read More »Business Opportunities – Central America Webinar Series
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 / …
Read More »BanColombia SA – Consensus indicates downside potential of 0.3%
BanColombia SA with the ticker code (CIB) now have 10 analysts covering the stock with the consensus suggesting a “Hold” rating. The target price is between 37 and 23.45, with the average target price being 32.79. Now, with the previous closing price of 32.89, this indicates that there is a …
Read More »UK signs partnership in Central America to boost trade – English version
UK Export Finance has launched a new partnership with the Central American Bank for Economic Integration to support the development of projects in the region. The Memorandum of Understanding (MoU) will allow for closer economic collaboration between the UK and Central America. The countries that can benefit from the joint …
Read More »Bitcoin will soon be legal tender in El Salvador
Q REPORTS – On September 7, 2021, El Salvador will become the first country to make bitcoin legal tender. The government has even gone further in promoting the use of cryptocurrency by giving away US $ 30 in free bitcoins to citizens who sign up for its national digital wallet, …
Read More »Here’s how much you would have if you invested $ 1,000 in MercadoLibre a decade ago
HHow a stock’s price changes over time is an important factor for most investors. Not only can price performance impact your portfolio, it can also help you compare investment results across sectors and industries. Fear of Running Out, or FOMO, also plays a role in investing, especially with particular tech …
Read More »International: World Bank Suspension and Exclusion Office launches Global Suspension and Exclusion Directory
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 the …
Read More »El Salvador is committed to rediscovering the former splendor of its agriculture to stimulate economic development and provide opportunities for its people
By: (IICA), Press release Brasilia, August 6, 2021 (IICA) – El Salvador seeks to revive its agriculture and hopes to become again a regional reference in terms of food production as it was in the 1970s, in order to support the development of its economy, explained the Minister of Agriculture …
Read More »How the peer-to-peer lending market will evolve over the next few years: an in-depth study
Pune, Maharashtra, Aug 6, 2021 (Wiredrelease) Market.Biz -:Have you ever wished you could predict the future of the peer-to-peer lending market? – and be right? What if you could clearly see critical changes in the months and years to come and use those insights to shape the future of the …
Read More »Sir.[B] Self-service storage: growth in Central America
At the end of the 90s, our founding partners decided to launch an American self-storage business model in Central America. Founded in 1998, Mr. Bodeguitas, now known as Mr.[B] Self Storage, continued its first development in Guatemala, the largest economy in the region and the country with the most populous …
Read More »Madison Bailey designs cute braided bracelets for Pura Vida
If Kiara’s necklaces External banks weren’t enough to woo you in her classic and cool beach-girl style, Madison Bailey has just launched a line of bracelets! The 22-year-old star, who has an impressive 4.5 million Instagram followers, has teamed up with Pura Vida to launch five new styles you can …
Read More »BanColombia SA – Consensus indicates potential increase of 6.5%
BanColombia SA with ticker code (CIB) now have 10 analysts covering the stock. Analysts’ consensus points to a rating of âUnderperformanceâ. The target price varies between 40 and 23.67 by calculating the average target price that we see 32.11. With the stock’s previous close at 30.14, this now indicates that …
Read More »Salvadoran Congress approves 600 million loan with CABEI
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 State …
Read More »BanColombia SA – Consensus indicates potential increase of 6.0%
BanColombia SA with the ticker code (CIB) now have 10 analysts covering the stock with the consensus suggesting an “Underperform” rating. The target price is between 40 and 23.67, with the average target price being 32.11. With the stock’s previous close at 30.3 this would indicate that there is a …
Read More »BanColombia SA – Consensus indicates potential increase of 15.1%
BanColombia SA with ticker code (CIB) now have 10 analysts covering the stock. Analysts’ consensus points to a rating of âUnderperformanceâ. The target price varies between 40 and 26 by calculating the average target price that we have 32.5. Given that the previous close of shares was at 28.24, this …
Read More »What is the “northern triangle” key to Biden’s immigration policy?
The âNorthern Triangleâ label is making headlines again as the Biden administration focuses on reducing illegal immigration from the three countries that make up the triangle: El Salvador, Honduras and Guatemala. Many people in Central America don’t like the term because they think it unfairly – and sometimes diminishes – …
Read More »BanColombia SA – Consensus indicates potential increase of 11.6%
BanColombia SA with the ticker code (CIB) now have 10 analysts covering the stock with the consensus suggesting an “Underperform” rating. The range between the high target price and the low target price is between 40 and 26 by calculating the average target price that we have 32.56. Now, with …
Read More »Cóbano-designed cryptocurrency reaches consensus
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 breakthrough …
Read More »IJO investigation into corruption in road works leads to investigations in Panama
QCOSTARICA – The prestige of the company of some of Costa Rica’s richest men hangs by a thread. For many, the MECO Construction Company logo is very easy to recognize on Costa Rica’s highways, as it has a large number of state road construction and maintenance contracts to its credit. …
Read More »The Central American Bank for Economic Integration
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 âthe Bank, always attentive to …
Read More »Emerging from democracy, Nicaragua defies American reprimands
Band Diego Oré MEXICO, June 17 (Reuters) – Police in Nicaragua arrest opponents of President Daniel Ortega and even dissidents from his Sandinista movement in a crackdown ahead of the November presidential election who poses a challenge to US efforts to strengthen democracy in Central America. In the past two …
Read More »Surf and Bitcoin, the seaside town of El Salvador is riding the crypto wave –
The seaside town of El Zonte on El Salvador’s Pacific coast is a laid-back surfer’s paradise with white sands, palm trees and a small population of 3,000. The low-income community does not have banks and a single cash machine, but a pioneering local economy based largely on bitcoin. Signs line …
Read More »Central American trade, investments could reduce migration
Vice President Kamala Harris and Guatemalan Foreign Minister Pedro Brolo in Guatemala City on June 6. United States needs Central American partners to reduce migration Jacquelyn Martin PA Central America is all the rage again. Economies are struggling, COVID is raging and democracy is failing the people. The hope for …
Read More »Egypt and Morocco in FTSE Russell’s New Frontier Market Bond Index
LONDON: Banks must set aside enough capital to fully cover losses on all bitcoin holdings, global banking regulators proposed Thursday, in a “conservative” measure that could prevent large-scale use of crypto. currency by major lenders.The Basel Committee on Banking Supervision, made up of regulators from the world’s major financial centers, …
Read More »ON THIS DAY IN HISTORY
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 against …
Read More »Kamala Harris tells migrants not to come to US, explains anti-transplant steps
MEXICO CITY â Vice President Kamala Harris said after a trip to Mexico and Guatemala that she would be going to the southern border of the United States and noted that the reasons why migrants from America Central make the dangerous trip to the border would take time to resolve. …
Read More »BanColombia SA – Consensus indicates potential increase of 4.4%
BanColombia SA with ticker code (CIB) now have 10 total analysts covering the stock. The consensus rating is âKeepâ. The range between the high target price and the low target price is between 40 and 26 and has an average target of 32.57. Given that the previous close of shares …
Read More »Salvadoran president’s bitcoin surge casts a shadow over IMF efforts By Reuters
© Reuters. FILE PHOTO: A representation of the Bitcoin virtual cryptocurrency can be seen in this photo illustration taken on June 7, 2021. REUTERS / Edgar Su / Illustration By Karin Strohecker and Tom Arnold LONDON (Reuters) – Pressure from Salvadoran President Nayib Bukele to make his country the first …
Read More »Millennial traveled 17,000 miles for the LGBTQ Trevor charity project, raising $ 11,000
Driven by the suicides of two close friends, Andrew Mortensen embarked on the adventure of a lifetime last August when he rode his bike 17,000 miles in eight months – from the United States to South America in the midst of a global pandemic. So far he has raised over …
Read More »White House announces new vaccination incentives
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 we …
Read More »Biden announces new vaccination incentives – Consumer Health News
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 series of new immunization benefits thanks to a private sector initiative . “Despite all the progress we are making as a country, if you …
Read More »Blinken’s visit to Costa Rica is a smart first step
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 Rica …
Read More »BanColombia SA – Consensus indicates potential rise of 8.4%
BanColombia SA with ticker code (CIB) now have 10 analysts covering the stock. Analysts’ consensus indicates a âHoldâ rating. The range between the high target price and the low target price is between 40 and 26, with the average target price being 32.51. Given that the previous close for shares …
Read More »El Salvador holds the World Surfing Championship.
The Government of President Nayib Bukele reiterates to Salvadorans and the international community the pride in organizing the ISA 2021 World Surfing Games, from May 29 to June 6 at Beaches of La Bocana (El Tunco) and El Sunzal, in the municipality of Tamanique, department of La Libertad, El Salvador. …
Read More »Alaska Airlines expands Central America presence to Belize
Alaska Airlines has announced its latest international destination. With flights to Belize scheduled to begin in November, the airline will offer six cumulative weekly frequencies to Belize City from two of the airline’s west coast hubs. Belize is Alaska’s fourth country with non-stop service. Alaska Airlines plans to fly to …
Read More »Demand continues to grow and the peak is yet to come – The Courier
The global auto loan services market will witness strong expansion throughout the forecast period 2021-2030. Here are some factors that will accelerate the growth of the Auto loan services industry. Technologies are not resting on their laurels but are based on how they gradually change our lives and introduce the …
Read More »BanColombia SA – Consensus indicates potential increase of 10.4%
BanColombia SA with ticker code (CIB) now have 10 total analysts covering the stock. The consensus rating is âHoldâ. The range between the high target price and the low target price is between 40 and 26 and has an average target of 32.55. Now, with the previous closing price of …
Read More »Ebanx prepares for IPO and considers acquisitions in Latin America
Share Tweet Share Share Share E-mail Brazilian FinTech Ebanx is considering acquisitions in Latin America as it prepares for a possible initial public offering (IPO), Bloomberg reported. As part of its expansion, Ebanx would create a new platform called Ebanx One that would integrate cross-border payments and local transactions, according …
Read More »Migration could reduce migration, with money sent home
Migrants have crossed the border illegally to work and earn money in the United States for many years, often working here in tough trades suffering from a lack of manpower. For many American employers, these are the perfect workers because they receive low wages and are willing to do harder …
Read More »Grupo Monge Increases Credit Approvals By 10% Using FICO Analytical Decision To Grant Loans To Underserved Consumers
MIAMI, May 11, 2021 / PRNewswire / – Strong points: Grupo Monge increased credit approvals by 10% and reduced spending by 25%. Grupo Monge is evolving lending with flexible, efficient and decentralized risk decision-making technologies. Grupo Monge won a FICO 2021® Award Decisions for Financial Inclusion. Grupo Monge, one of …
Read More »Best Banks in the World 2021: Central America
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 financial …
Read More »World Bank funding for COVID-19 vaccine deployment reaches $ 2 billion
The financing of the poorest countries is in the form of grants or on highly concessional terms. WASHINGTON, April 20, 2021– The World Bank announced today that it has reached $ 2 billion in approved funding for the purchase and distribution of COVID-19 vaccines for 17 developing countries. This funding …
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