Economy

This is how you can take advantage of record inflation and high interest rates – Personal Finance – Economy

This is how you can take advantage of record inflation and high interest rates – Personal Finance – Economy

With inflation of 13.12 percent at the end of 2022 -the highest in the last 23 years- not everything is bad. You can also take advantage of this situation by making investments with some extra money that you can obtain.This is thanks to the fact that the Banco de la República also begins to increase your interest rates to the extent that inflation begins to rise in the country, in order to discourage family consumption.(Also read: Colombia closed 2022 with the third highest explosion in Latin America) "That would cause the economy to slow down and inflation would also start…
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How to save money with record inflation and the new increases of 2023?  – Personal Finance – Economics

How to save money with record inflation and the new increases of 2023? – Personal Finance – Economics

The first months of 2023 will be accompanied by increases in the rates of taxes, transportation, rentals, food, among other basic expenses of Colombians, which are driven, for example, by inflation and the increase in the minimum wage.In the presence of "the January slope", an economic phenomenon that occurs annually due to the growth in the cost of living, making the most of available resources becomes more important.(Also read: Follow these 8 recommendations to have a debt-free 2023) For this reason, experts from BBVA and Liberty Seguros Colombia offered some advice to carry out smart savings that allows citizens to…
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Unemployment in the US: how Hispanics fared in December – Sectors – Economy

Unemployment in the US: how Hispanics fared in December – Sectors – Economy

unemployment is USA it fell again in December and returned to the lowest levels in 50 years.Although in the population of Latino workers the rate had a slight increase in December, in this group of the population unemployment levels remain low.While for all workers, the unemployment rate dropped from 3.6 percent in November to 3.5 percent in the last month of the year, for Hispanics it went from 4 to 4.1 percent.(Read also: Inflation: real increase in the minimum wage was the lowest in the last 7 years) For this population, the lowest level of unemployment had occurred in September,…
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CES 2023: the ideal setting for automobiles – Sectors – Economy

CES 2023: the ideal setting for automobiles – Sectors – Economy

From January 5 to this Sunday, in Las Vegas (United States), the doors of the Consumer Electronics Show, CES 2023, are open which in recent years has become the most attractive display of recent technological developments, of which automobiles are no exception, which are now first-rate protagonists. An unexpected showcase for brands. Although the high costs have been dissuading some manufacturers from participating in the big motor shows, The arrival of the pandemic in 2020 increased the crisis from which they have not yet recovered. Some of the most important salons were postponed due to the coronavirus and others closed…
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