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Colombia’s Unemployment Rises to 9.7%: Job Market Shifts in August 2024
The unemployment rate in Colombia climbed to 9.7% in August 2024, marking a 0.4 percentage point increase from the previous year. This shift reflects a changing job market landscape across various sectors of the economy. The Department of National Statistics (Dane) reported 136,000 more unemployed individuals, bringing the total to 2.5 million. However, the number […]
Russia Plans Visa-Free Travel with All LatAm States
Alexandr Schetinin, a Russian Foreign Ministry official, aims to create visa-free deals with all countries in Latin America. Talks are ongoing with the last six nations, including Mexico. “We’re committed to making Latin America visa-free, so we’re still negotiating,” Schetinin told reporters. The TASS agency cited him. The diplomat said the pact will be sealed […]
Shifting Dynamics in Brazil’s Currency Market
Recently, Brazil’s currency market witnessed significant fluctuations, influenced by the Ptax rate battle and the Federal Reserve’s monetary policy decision. The session ended with the Brazilian real marginally declining against the U.S. dollar, a 0.16% decrease to 4.9384 reais. Despite this dip, the U.S. dollar experienced a 1.79% rise throughout January. In Brazil’s futures market, […]