Ecuador’s upcoming presidential runoff on October 15 will have strong oversight. The National Electoral Council (CNE) says 2,315 observers will ensure the vote’s integrity. Of these, 2,176 are domestic monitors. A special 17 among them live abroad but will supervise overseas voting. Another 139 come from international organizations. Eight global watchdog groups will participate. They […]
Related Posts
Chile at a Crossroads: Potential Credit Downgrade Ahead
Chile’s economic outlook for 2024 is complex yet hopeful due to the conclusion of its constitutional process and anticipated interest rate reductions. Yet, analysts predict a downside. A survey by Bloomberg News points to a potential downgrade in Chile’s credit rating. The main reason is the rising public debt compared to the GDP. Andrés Pérez, […]
Oil Prices Plummet as Saudi Arabia and OPEC+ Eye Production Increase
The global oil market experienced a significant downturn as rumors circulated about OPEC+ planning to boost production in December. Saudi Arabia, the world’s largest oil exporter, reportedly abandoned its $100 per barrel price target to increase output. This news sent shockwaves through the industry, causing oil prices to tumble. Brent crude, the international benchmark, fell […]
Brazil’s Shift Back to Cash Transactions
The Datafolha study for TecBan highlights a shift in payment preferences among Brazilians, who are increasingly favoring cash over digital methods. Despite a global move towards a cashless society, 54% of Brazilians now opt for cash withdrawals. The study interviewed 1,519 people, showing a 12% increase in cash use from the previous year. This preference […]