Venezuela is in recession since the second quarter of 2014

Venezuela fell into recession in 2014 with a falling of its GDP for three consecutive quarters, and recorded an annualized inflation record in the continent of 63.6% in November, according to data released this Tuesday by the Central Bank of Venezuela (BCV). The GDP contraction...

In 2013, employees received 36% of the GDP of Ecuador

In 2013, salaried employees received incomes equivalent to 36% of Gross Domestic Product (GDP); above what their employers received, who closed last year with a 27% stake. According to the Central Bank of Ecuador (BCE for its Spanish acronym), in 2007, who were in a dependency...
Posted On 28 Oct 2014