Economy

The Bankers and the Concentration of Wealth

Economist and sociologist Oscar René Vargas warns that Nicaragua faces a growing concentration of wealth in the hands of bankers and economic elites, while the majority of the population lives with insufficient income to cover the basic food basket.

Heads up: this is the deadline to get a 5% discount on property tax in Medellín

Taxpayers in Medellín have the last few days to take advantage of the 5% discount on the annual property tax payment, a benefit that will be available...

Does injecting foreign currency into national banks strengthen the bolívar or lead to dollarization?

El Diario Venezuela - elDiario.com - Does injecting foreign currency into national banks strengthen the bolívar or lead to dollarization?

Alert in the debt! Market charges more for short-term lending and fears economic slowdown in Colombia

Colombia's sovereign debt market, considered the most sensitive thermometer of investor confidence, is sending a disturbing signal...

Nicaragua Mobilizes Over 90,000 Metric Tons in Its Commercial Ports

The general manager of EPN, Carlos Aburto, detailed that a total of 11 international ships were serviced. Particularly at Puerto Corinto, he reported that 8 vessels arrived.

Tripartite Consensus: Minimum Wage Adjustment Will Be 4% for Workers

The National Tripartite Minimum Wage Commission held its fourth working session, reaching an agreement for a 4% wage adjustment for workers in all economic sectors of Nicaragua.

Workers and 4% salary adjustment in 2026

Within the framework of the National Minimum Wage Commission negotiation table, representatives of Workers, Employers, and the Government.

Agreement of the Ministry of Labor

The National Minimum Wage Commission approved the adjustment to minimum wages that will govern in the different sectors of the national economy.

Antioquia leads online spending for Women's Day in Colombia, how much do Paisas spend?

In the days leading up to International Women's Day, Antioquia consolidated itself as one of the regions with the most dynamism in e-commerce and...

Brent crude, a benchmark for Colombia, advances more than 2% and already exceeds 87 dollars a barrel

President Donald Trump could now rule out the Treasury Department trading oil futures. Photo: iStock

Strait of Hormuz has only registered 40 ship transits since last Sunday

Of the 3,000 transits that occur monthly in this strategic passage located between the Persian Gulf and the Gulf of Oman, about a hundred on average per day, it has decreased to at least 40 since last March 1.

Economists warn that new minimum wage maintains labor poverty

The minimum wage increase in Nicaragua barely covers part of the cost of the basic food basket. Economists warn that the 4% adjustment approved by the regime does not improve workers' purchasing power and that more than half of the labor population lives in poverty.