On Tuesday, the Central Bank of Chile decided to lower its policy rate by 0.25 percentage points to 5.5%. This move, anticipated by most analysts, marks a return to the bank’s easing policies after a pause in July due to inflationary shocks. Only three analysts had predicted that rates would remain unchanged, contrasting with the […]
Related Posts
China’s government signals support for tech sector and end to repression
Chinese Prime Minister Li Qiang recently met with executives from prominent Chinese technology companies, emphasizing the sector’s importance in job creation and promoting innovation. This move indicates China’s government’s intention to support the technology industry. Executives from companies like Meituan and Alibaba attended the meeting, where Li highlighted the sector’s significance for the Chinese labor […]
Airbnb Revamps to Showcase Best Stays
Airbnb rolls out updates, highlighting top-rated accommodations aiming to guide guests, especially new users, towards quality experiences. Brian Chesky, Airbnb’s CEO, notes that many first-timers book lower-rated stays. They often struggle to distinguish between high and low-quality listings. To address this, Airbnb introduces a ‘Guest Favorite’ badge. It spotlights properties with ratings over 4.9 and […]
Record August for Brazilian Air Travel
August 2023 was special for Brazil’s domestic air travel, says the National Civil Aviation Agency (ANAC). Passenger numbers reached 8.2 million, a 12.8% jump compared to the same month last year. Meanwhile, passenger revenue per kilometer (RPK) increased by 7.9%. Compared to August 2019, the number of travelers rose by 4.3%. Revenue saw a similar […]