The gold industry contributed 1.9 billion pesos in royalties in 2021, according to the Colombian Mining Association (ACM), contributing to the stabilization of the country’s public finances and economic growth. CI Colombian Mint S.A.S. (formerly CIIGSA), created 25 years ago to guarantee the sale of gold and silver abroad in
The dollar reaching historical prices of $4,200 pesos, borrowed money becoming more and more expensive, with reference rates of 7.5%, the maximum in six years, and skyrocketing inflation of more than 9% annualized. All this affects the pocket of Colombians. Orlando Santiago Jácome, manager of Fénix Valor, explains that the
Falabella this week was a trend, since a past press release published by the well-known Chilean brand in May 2021 began to circulate on the different social networks, with which it officially communicated its departure from the Argentine market. “Falabella Argentina is no longer in force to make purchases. We
Fintech giant Ant Group, led by Chinese billionaire Jack Ma, announced today that it will launch an incorporated digital wholesale bank in Singapore. The move marks the Hangzhou-based company’s continued overseas expansion. Its China-based businesses are still under heavy regulatory pressure after the company’s $34 billion initial public offering was
According to an analysis by the Economist Intelligent Unit, the increase in international prices of various raw materials could boost the economies of Latin American countries. The analysis unit of the group “The Economist” points out that, although the rise in prices is having an impact on the region, aggravated
Thanks to the market sell-off, we finally have some attractive dividends out there. In brief, I’ll highlight a package of five dividend stocks that pay sweets (as in 4.0% to 11.3% yields) and are cheap. It’s important that we focus on value, cash flow and performance as we select offerings.
Rating agency Moody’s issued a report warning on Wednesday that the adoption of cryptocurrencies could lead to excessive fragmentation of the payment system and weaken financial stability, especially in countries with weakened macroeconomic systems. The rating agency emphasizes that sovereigns with lower ratings are increasingly using cryptocurrencies, as it can