Dresden, once the epicenter of European chipmaking, is experiencing a renaissance in semiconductor manufacturing due to hefty investments from both global powerhouses and local entities. Historically, since the mid-1990s, the city has transitioned from hosting initial ventures by companies like AMD. It has since become a significant hub, with Globalfoundries transforming it into Europe’s largest […]
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Ecuador experienced a rise in poverty and extreme poverty in the first half of 2023, with rates reaching 27.0% and 10.8% respectively by June, according to the National Institute of Statistics and Census of Ecuador (INEC). This suggests that 27 out of every 100 individuals in Ecuador live in conditions of income poverty, per the […]
Colombia’s August Exports Dip 2.5%, Agriculture Sector Shines
Colombia’s export landscape in August 2024 painted a picture of both progress and challenges. The country’s total exports reached US$3.845 billion, marking a 2.5% decrease from August 2023. This figure, while substantial, fell short of the previous year’s performance, highlighting ongoing economic hurdles. The petroleum sector, traditionally Colombia’s export powerhouse, faced significant headwinds. Oil exports […]