Issue Aug 09-15 2023: Despite the government’s launch of the Novo Programa de Aceleração do Crescimento (PAC) to help the economy take off, specialists say that it is still too early to bet on sustainable growth.
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Issue Aug 09-15 2023: Despite the reduction in poverty celebrated by the federal government, reports revealed that the number of employment-vulnerable people has grown.
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Issue Aug 01-08 2023: Economists have denounced plans to increase the “bankification,” or “bank usage,” of the Cuban economy by restricting cash transactions and ATM usage, calling them “suicide.”
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Issue Aug 01-08 2023: Municipality officials in Guayaquil, Ecuador, recently approved an ordinance regarding the regulatory framework for informal vendors who work publicly, such as at events or markets.
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Issue Aug 01-08 2023: Colombia is entering a new era of rapid technological advancement by investing in the 5G spectrum, which will allow them to revolutionize the digital landscape.
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Issue Aug 01-08 2023: Casares Zambrano released a book, Mentalidad inversionista: Cómo invertir en empresas, which provides information to encourage people to invest in Mexican businesses.
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—Researched and Written by Ana Loza Pérez— Issue Jul 01-31 2023: The U.S. dollar continues to gain against most emerging currencies, including the Mexican peso, as U.S. Central Bank Chairman Jerome Powell’s speech points to further monetary tightening.
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Issue Jul 01-31 2023: Self-interest, as famously identified by Adam Smith, is the foundation upon which market economies operate, the invisible hand that guides and regulates these economies towards socially beneficial ends.
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Issue Jul 01-31 2023: The president of the National Assembly of Cuba, Esteban Lazo, stated that “100% of the basket is being imported,” adding that the country has no money to buy abroad despite export earnings reaching 1.3 billion dollars—more than a third of what was expected.
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Issue Jul 01-31 2023: Following the announcement of the agreement with the International Monetary Fund (IMF), opposition economists and analysts reported that the news would bring short-term relief, but the economic situation would still be considered critical without access to additional funding and claims to adjust spending.
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