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In a recent survey, the High Commission for Planning (HCP) reported that a substantial 87.3% of Moroccan households had experienced a decrease in their standard of living in the past year. Additionally, 53.4% anticipate further declines in the forthcoming year. This finding denotes a record-low in the Moroccan household confidence index, a measure that has […]
Colombia has experienced a significant increase in remittances since 2019, positioning the country as a top performer in Latin America. The Banco de la República’s recent blog post highlights this growth and its impact on the Colombian economy. Remittances to Colombia have grown by 42% since 2019, reaching unprecedented levels. This increase, while substantial, falls […]
On Tuesday, May 14, oil prices fell due to concerns over the potential tightening of U.S. monetary policy by the Federal Reserve (Fed) and fears of an oversupply of oil. These factors have created uncertainty in the energy market, affecting investor confidence and market dynamics. At the New York Mercantile Exchange (Nymex), WTI crude for […]
