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Federal Reserve announces rate hike in coming months
Written by Evelyn Alas
Federal Reserve (Fed) Chairman Jerome Powell said the U.S. would be prepared to increase the pace of interest rate hikes and send borrowing costs higher than previously thought if economic data warrants it.
US$11 million to build a new route between El Salvador and Guatemala
Written by Evelyn Alas
In Chalchuapa, Santa Ana, with the process of paving more than 5 kilometers of the road between the canton of El Coco and La Magdalena, which leads to Jerez, Guatemala, teams from the Ministerio de Obras Públicas (MOP) are preparing the conditions of the road, to begin with the paving and provide agile mobility to the inhabitants.
MINEC and Ministerio de Relaciones Exteriores launch National Trade Facilitation Strategy 2023-2027
Written by Evelyn Alas
The Ministerio de Economía (MINEC) together with the Ministerio de Relaciones Exteriores, launched the National Trade Facilitation Strategy 2023-2027, the program has a multidimensional and ambitious approach to meet the challenges and trends of international trade.
Oil prices cut gains on fears of interest rate hikes
Written by Evelyn Alas
The market was pressured by rising expectations of rate hikes by the European Central Bank (ECB) following a faster-than-expected acceleration in consumer prices.
ISSS affirms that enrollment of new contributors to the formal sector increased 7% in january 2023
Written by Evelyn Alas
Data from the Instituto Salvadoreño del Seguro Social (ISSS) show that the enrollment of new workers increased 7% in january 2023 compared to the same month of 2022.
Signing of agreement for the integration of Nicaragua to the El Salvador-Panama Regional Stock Market
Written by Coralia Cuellar // Evelyn Alas
The incorporation of Nicaragua to the El Salvador - Panama Integrated Securities Market was formalized today, with the signing of the agreement between the Stock Exchanges and Depositories of the three countries.
Although supply chain decreased, inflation footprint will linger
Written by Evelyn Alas
According to an analysis by the media outlet Mundo Marítimo supply chains around the world are recovering almost as fast as they broke. However, that doesn't mean the pressure they put on inflation will disappear just as quickly.
CEL seeks to promote economic development through renewable energies
Written by Evelyn Alas
The Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), presented today the economic offer for the construction of the Chinameca and San Vicente geothermal plants, within the framework of the international competition process in which approximately US$620 million will be invested.
The best tips to have a good relationship with your finances
Written by Evelyn Alas
In a relationship not only involves contact with others, but can also occur with objects, in this case, currency.