President Gustavo Petro’s government aims to invigorate Colombia’s economy in 2024 by planning a significant increase in spending. This approach tests the fiscal framework’s flexibility, signaling a bold move toward economic revival. The Ministry of Finance’s projections indicate a modest 1.2% growth in 2023, with the Central Government’s deficit at 4.2% of GDP, improving from […]
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Portugal Clarifies Position on Colonial Reparations
During the weekend, Portugal’s government confirmed it is not pursuing any reparations initiatives for its former colonies. This clarification came after President Marcelo Rebelo de Sousa acknowledged Portugal’s colonial injustices and hinted at possible reparations for countries like Brazil. His remarks recognized historical wrongs and suggested remedies. Two days after admission, the Portuguese Council of […]