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Colombia’s Economic Growth Misses Mark in 2023
The DANE reported that Colombia’s economy grew by 0.3% in Q4 2023 and 0.6% annually, below the 0.9% to 2.0% growth analysts expected. This outcome indicates a major slowdown from the 10.8% and 7.3% growth in 2021 and 2022, respectively, moving away from the 7.2% decline seen in 2020, the pandemic’s first year. Key sectors […]
Ribeira Grande is the fourth municipality to issue bonds on the Cape Verde Stock Exchange
Ribeira Grande de Santo Antão has become the fourth municipality to issue bonds on the Cape Verde Stock Exchange (BVC), raising US$1.32 million for debt restructuring and investments. The bond, valued at 130 million escudos (approximately US$1.32 million), is targeted at qualified investors, offering a 4% annual interest rate and a maturity period of 10 […]
U.S. Economic Activity Remains Steady Amid Election Concerns
Economic activity in the United States showed little change from September to early October. Businesses noted an increase in hiring, continuing recent trends. These developments have strengthened expectations that the Federal Reserve will opt for a smaller interest rate cut of 25 basis points in November. The Federal Reserve’s latest assessment of the economy revealed […]