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Bolivia will buy gold to strengthen international reserves

Published on: June 16, 2021
14:57

La Paz, Jun 17 (Prensa Latina) Bolivian President Luis Arce on Wednesday announced the submission of a draft bill to the Plurinational Legislative Assembly (bicameral parliament) to authorize the purchase of gold and thus strengthen international reserves.

World Bank expects economic growth of 5.2 percent in Latin America

Published on: June 8, 2021
17:59

Washington, Jun 8 (Prensa Latina) The economy of Latin America and the Caribbean will grow 5.2 percent in 2021, a period marked by the Covid-19 impact, higher inflation, a drop in tourism and instability in remittances, the World Bank unfolded on Tuesday.

Lebanon’s economic crisis ranks among world’s worst

Published on: June 1, 2021
11:24

Beirut, Jun 1 (Prensa Latina) The economic and financial crisis in Lebanon ranks among the world's worst since mid-19th century, stated a World Bank report released in Beirut on Tuesday.

Global economic rebound will increase remittances

Published on: May 29, 2021
10:43

Washington, May 29 (Prensa Latina) With the rebound in economic growth, remittances to low-middle-income countries will increase 2.6 percent in 2021 to 553 billion dollars, the World Bank informed today.

Bank of Canada keeps benchmark rate at record low

Published on: April 22, 2021
08:05

Ottawa, Apr 22 (Prensa Latina) The Bank of Canada opted to keep its benchmark interest rate steady at a record-low 0.25% Wednesday, saying the pandemic recovery continues to require extraordinary monetary policy support.

Pope Francis Alert on Post-pandemic Recovery Goals

Published on: April 8, 2021
08:25

Vatican City (Prensa Latina) Pope Francis has warned that the post-pandemic recovery cannot be achieved with returning to an unjust and unsustainable economic and social model with half of the world's wealth controlled by a small minority.

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