El Salvador News
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AFGHANISTAN, 2017/09/09
Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010.
Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
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AFGHANISTAN, 2016/12/11
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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ARGENTINA, 2016/12/03
China's president, Xi Jinping, has embarked on a week-long visit to Latin America that will include national visits to Ecuador, Peru and Chile. Mr Xi's trip comes instantly on the heels of a US presidential election that has called the next of US-Latin America relations into question, and highlights China's emergence as a key trade and investment partner for the region.
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AFGHANISTAN, 2016/01/02
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
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EL SALVADOR, 2015/09/18
During 1981, an average of 700 people was killed monthly in El Salvador. Today, 34 years later, El Salvador is not that far from such figures. The month of May ended with 641 people killed, thus becoming the majority violent month since the war ended.
Check out Part I of Clara’s Experiences from el Salvador!
El Salvador has passed from suffering a civil conflict to suffering a social one. It is a country characterized by legitimated violence, well established in each sphere of the daily life. On my initial day volunteering in San Salvador, I met a 14 year old girl who asked me and my colleague if we had a boyfriend.
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AFGHANISTAN, 2015/01/20
Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday.
In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
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AFGHANISTAN, 2015/01/20
The richest 1 % are likely to control additional than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening world inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland.
The 80 wealthiest people in the world all own $1.9 trillion, the statement found, nearly the same all shared by the 3.5 billion people who occupy the bottom half of the world’s gain scale. (Last year, it took 85 billionaires to equal that figure.) And the richest 1 % of the people, who number in the millions, control nearly half of the world’s total wealth, a share that is as well increasing.
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EL SALVADOR, 2014/03/08
The St. Lucia government has welcomed the launch of a multi-million dollar distribution center by El Salvador based Unicomer Group describing the move as a bold expression in the local economy.
Prime Minister Dr. Kenny Anthony, speaking at the opening of eight million US dollar project, said that “it paves the way for further investments in St. Lucia.
“We thank you for your continued confidence in the St. Lucian economy as you build and plan for the next,” he said.
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ARGENTINA, 2013/03/13
While Panama's banks held their lead as the biggest banks in Central America, Nicaragua steamed ahead in terms of return on capital and return on assets. HSBC remains the leader of The Banker’s Central American rankings with a Tier 1 capital up by 8.38% to $1.23bn in 2011, the last available financial year.
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EL SALVADOR, 2013/01/17
El Salvador is the fourth major receiver of remittances in Latin America, totaling $3.52 billion from January to November last year, according to the country's central bank.
