Experts predict changes in Colombia’s key economic indicators for 2024, showing improvement from 2023. These forecasts include growth and challenges for the nation’s economy. The Bank of the Republic has missed its inflation target since 2019, aiming for 2% to 4%, with a specific goal of 3%. Inflation has been hard to manage. It dropped […]
Related Posts
Oil Prices Rise Amid US Inventory Drop and Middle East Tensions
Oil prices ended their downward trend, responding to decreased inventories in the United States and ongoing conflicts in the Middle East. The market saw an uptick as concerns about global supply resurfaced. Brent crude, the international benchmark, closed 0.31% higher at $74.45 per barrel. West Texas Intermediate (WTI) rose by 0.240%, reaching $70.67 per barrel. […]
Export Optimism Boosts German Economic Outlook in October
The German economy has received a welcome boost as the ZEW Economic Sentiment Index climbed to 13.1 points in October 2024. This marks a significant jump from September’s 3.6 points, surpassing economists’ predictions of 9.0 points. The unexpected rise has sparked cautious optimism among observers of Europe’s largest economy. Several factors have contributed to this […]
Escalation in Lebanon: Israel Responds to Attacks
On February 14, 2024, Israel retaliated with strikes in southern Lebanon following missile attacks on its northern region. This reaction came after Lebanese forces killed an Israeli soldier, heightening regional tensions and the risk of conflict escalation. The Israeli Defense Forces (IDF) confirmed one soldier’s death and seven civilians injured in Israel. On the Lebanese […]