more than 300 companies With losses, the sugar crop which is in danger of being worse than the previous crop, fewer tourists More than expected during this period, price increases: Findings of the most recent meeting of Cuban Council of Ministers They question the alleged economic adjustment plan announced by ... Read more
Read More »US job creation hits new record in February, but unemployment hits highest level in two years Economy
US job creation in February exceeded all analysts’ expectations, pointing to a gain of 190,000 jobs, well below the surprise record figure in January. Ultimately 275,000, while salary increases were moderated. All this adds up to signs of sustained economic growth and mild inflation. The data reflects the strength of ... Read more
Read More »Analysts predict inflation will slow in Mexico in February
Mexico’s inflation rate may have declined in February, according to a survey by reuters Published this Monday, strengthening bets that the Bank of Mexico (Banxico) could lower its key reference interest rate this month. A median forecast of 15 analysts predicted the annual headline inflation rate would stabilize at 4.42% ... Read more
Read More »It’s getting harder to buy in Argentina
(CNN) — A liter bottle of olive oil costs 6.73 euros, half a kilo of sandwich bread costs 2.50 euros, a jar of jam costs 2.76 euros. This could be a price list from a supermarket in Madrid, but it is not. According to a price comparison conducted by CNN ... Read more
Read More »Why is it an important time to pay off your credit card debt?
NEW YORK — Financial stress is rising for Americans who had no savings before the pandemic. Experts say inflation, rising interest rates and the expiration of pandemic-related aid — such as suspending student loan payments — have led to historic high credit card debt. Americans will hold more than $1.05 ... Read more
Read More »Within hours of implementing the package in Cuba, the euro reaches 290 pesos, and the dollar lags behind.
He euro it reached 290 Cuban Pesos (CUP) This Saturday, the highest figure ever seen on the islandAnd this is just a preview of what could happen when, from February 1, the government implements the fuel price hike and dollarization of its marketing, the key measures of its announced economic ... Read more
Read More »‘They’re going straight to 300’: Dollar and euro surge in Cuba and package not yet implemented
He Dollar increased by two pesos on Friday informal market Cuba, up to 276 Cuban Pesos (CUP), approaching the 280 barrierWhile the euro rose by two units and is now trading at 282. According to the media, both are record figures the touch At its representative rate in the exchange ... Read more
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