Economy

High inflation coupled with rising interest rates, reduced investment and disruptions caused by Russia's invasion of Ukraine are slowing down the world economy to such an extent that it could be close to recession in 2023.This is what he assured world Bank in a recent report, in which it cut its global growth projections to 1.7 percent for this year, the third weakest growth rate in nearly three decades, eclipsed only by global recessions triggered by the pandemic and the financial crisis. .(You can also read: Vice Minister of Energy could leave office due to tension with Irene Vélez) According…

A few days after the 228th anniversary of the birth of Policarpa Salavarrieta, who was a recognized heroine of independenceBanco de la República announced that, in compliance with Law 1903 of June 22, 2018, it will make available to the public a $10,000 coin inspired by her.The above, "for commemorative purposes and for one time only," they have said. So things, Starting this Tuesday, January 10, 2023, it can be purchased at different branches.The Bank has made it clear that it is legal tender and may be used to carry out any type of monetary transaction for the equivalent of…

After 4 months at the helm of the Vice Ministry of Energy, belize ruizcould get out of office.Ruiz, who took office on September 6, has been in charge of unlocking renewable energy projects that have not advanced, the situation of high electricity prices, as well as the Energy Transition Roadmap.(You can also read: Income statement: these are the dates to declare in 2023) However, sources from the Ministry confirmed to Portafolio that the relationship between the vice minister and the minister of mines and energyIrene Vélez, has deteriorated to the point that the head of the portfolio requested her resignation…

Ficohsa and Camilo Atala Faraj launch “Pasión por ayudar” campaign The Honduran businessman Camilo Atala Faraj, president of Grupo Financiero Ficohsa, through this important institution, launched his campaign "Pasión por ayudar", as an action to support the Telethon 2022, social work that benefits thousands of people in the country who receive comprehensive care. This year's campaign seeks to connect the passion for soccer and the enormous willingness of Hondurans to help those most in need and to contribute to the development of the country through gestures of solidarity. As a good leader, Camilo Atala Faraj, owner of Ficohsa, always carries…