Chilean households continue to lower their debt levels as their incomes grow steadily. The National Accounts Report for the second quarter reveals this positive trend. By the end of June, household debt as a percentage of Gross Domestic Product (GDP) reached 48.4%. This figure marks a decrease of 0.2 percentage points compared to March 2024. […]
Related Posts
Oil Prices Dip Amid U.S. Inventory Build
Oil futures experienced a downturn following a significant increase in U.S. crude inventories, countering the previous session’s gains fueled by anticipated supply reductions. Talks of a ceasefire in Gaza further restrained the advance in prices. In the International Commodity Exchange (ICE), Brent crude for May dropped 0.62% to $82.15 per barrel. April’s West Texas Intermediate […]
Latin America’s M&A Sector Struggles in Early 2024
The beginning of 2024 presented significant hurdles for the mergers and acquisitions (M&A) industry in Latin America and the Caribbean. Reports indicate a 32% reduction in deals and a 10% fall in their value in January, compared to the same period in 2023. Only Mexico, Argentina, and Colombia managed to mobilize more capital amid broader […]
Bolivia is now making and sending out drugs not just passing them through
Bolivia’s role in the drug trade is changing. It’s now making and sending out drugs, not just passing them through. A former official, Carlos Romero said the UN now calls Bolivia a producer and exporter. In 2017, the government allowed more coca plants to grow. People questioned what this extra coca was for. A big […]