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Economy And The Numbers

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Colcap, the main index of the Colombian Stock Exchange, fell 0.23% Monday, closing at 1,482.80 points due to increased tensions between the United States and North Korea. Felipe Espitia, an analyst at Alianza Valores, said that the Colombian market fell in line with the stock markets worldwide because...

Colombia's state-owned oil company Ecopetrol president Felipe Bayón signed in Mexico City the contracts for the exploration of shallow waters blocks awarded last June. The Colombian company will explore and produce hydrocarbons in Mexico through joint-ventures with the local Pemex and Malaysia's Petronas. The...

The Foreign Ministers of Argentina, Brazil, Canada, Chile, Colombia, Costa Rica, Guatemala, Honduras, Mexico, Panama, Paraguay and Peru have reaffirmed the Lima Declaration, in which they pledge to joint efforts to solve the political crisis in Venezuela. The decision came at a meeting in New York last...

Producer Prices in Japan were up 0.8 percent on year in August, the Bank of Japan said on Tuesday - topping forecasts for 0.6 percent, which would have been unchanged from the July reading. On a monthly basis, producer prices fell 0.2 percent after rising 0.3 percent in the previous month. Individually,...

NewZealandcpi-071510.jpg New Zealand posted a merchandise trade deficit of NZ$1.235 billion in August, Statistics New Zealand said on Tuesday. That missed forecasts for a shortfall of NZ$825 million following the NZ$98 million surplus in July. Exports were up NZ$306 million or 9.0 percent on year to NZ$3.69 percent - missing...

The Venezuelan government rejected U.S. President Donald Trump's decision to impose a travel ban to its citizens through a decree that was signed Sunday. "The Bolivarian Republic of Venezuela categorically rejects the irrational decision of the government of the United States of America to once again...

The Pacific Alliance countries' ministers of Foreign Affairs and Foreign Trade discussed with their Association of Southeast Asian Nations' (ASEAN) counterparts the 2017-2018 work plan to achieve integration between the blocs, with emphasis on economic, educational, sustainable development and science...

New Zealand had a merchandise trade deficit of NZ$1.235 billion in August, Statistics New Zealand said on Tuesday. That missed forecasts for a shortfall of NZ$825 million following the NZ$98 million surplus in July. Exports were up 9.0 percent on year to NZ$3.69 percent - missing forecasts for...

United States President Donald Trump issued a new travel ban to block the entry into the country of people from eight countries more, including citizens of Venezuela, North Korea and Chad. The decree replaces a previous one, released in March, banning travelers from six Muslim-majority countries....

Mexico's Global Economic Activity Indicator (IGAE) grew by 1.3% in July, on an annual basis, decelerating in comparison to June, when it increased by 2.4% against the same month in the previous year. Before seasonal adjustment, July's data it was the lower result since April 2016, said the country's...

The Bank of Japan will on Tuesday release the minutes from its monetary policy meeting on July 19 and 20, highlighting a modest day for Asia-Pacific economic activity. At the meeting, the bank voted to retain the -0.1 percent interest rate on current accounts that financial institutions maintain at...

A Chinese health authority delegation is expected in Colombia next month as part of the procedures aimed at verifying the conditions of production of Hass avocado in the South American country before the start of its exports to China. The Colombian government said that the good moment for local avocado...

The median forecast for Brazil's consumer price inflation in 2017 was cut for the fifth consecutive week, to 2.97%, from 3.08% last week, according to economists surveyed by the central bank. For 2018, the median forecast was cut for the fourth week in a row, to 4.08%, from 4.12% last week. For the...

Economists surveyed by the Brazilian central bank raised their forecasts for economic growth in 2017 to 0.68%, from 0.60% in the last two weeks. For 2018, the median forecast for GDP growth was raised for the third week in a row, to 2.30%, from 2.20% last week. Projections for Brazil's debt-to-GDP...

Economists polled by the Brazilian central bank kept unchanged at 7% their estimates for the country's benchmark interest rate (Selic) by year-end. For 2018, estimates was also kept at 7%, after two downward revisions. Average interest rate estimates for 2017 remained at 9.84%. For 2018, meanwhile,...

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