Abdiel Santiago’s Post

In light of recent reports, my country Bolivia, has been identified as the country with the highest financial risk in Latin America by the JP Morgan index. This is a concerning development, as it directly affects Bolivia's access to credit and market confidence. It appears that the current leadership in Bolivia is more focused on internal political issues rather than implementing a strategic plan to stabilize and improve the country's economic health. It is urgent to reverse the political mediocrity in Bolivia so that our officials meet the demands of the citizens. #Economy #Bolivia #FinancialRisk #EconomicPlanning #JPMorgan

The Best is Yet to Come in the Digital Age of Change. Lessons learned from the world's TOP 10 richest billionaires and highly successful business executives with a Net Worth of more than $100 billion of dollars. Can Artificial Intelligence (AI) help multinational organizations, multilateral institutions, and global business companies save millions, billions and even trillions of dollars? What is Artificial Intelligence (AI), and how to drive Digital Transformation to innovate bold solutions to real-world challenges?.

Well done Inter-American Development Bank. Getting the unbanked closer to the financial system must be a national priority. At The Belize Bank Limited Financial Inclusion initiatives drive our strategy. #financialinclusionmeansyoutoo

Important discussion

The video criticizes Banco Base’s prediction of a severe economic crisis in Mexico if Donald Trump wins the U.S. presidential election. The host dismisses the alarmist view of Gabriela Siller, a pseudo-economist from Banco Base, arguing that her analysis is based on fear-mongering rather than solid economic reasoning. He notes that while a Trump victory might lead to increased protectionism and temporary economic disruptions, it is unlikely to result in a full-blown recession or crisis for Mexico. The host points out that Mexico's economy is closely linked to the U.S. through trade and investment, creating a balanced dynamic where disruptions could affect both countries. He highlights that during Trump’s previous term, many of his drastic measures, like ending NAFTA, did not materialize as expected. The host suggests that Mexico could protect its economy by diversifying reserves, recommending that Banxico reduce its reliance on U.S. Treasury bonds and instead invest in gold. https://lnkd.in/g6MrkcsS #MexicoEconomy #TrumpEffect #EconomicForecast #RecessionFears #NeoliberalCritique #TradeRelations #GoldInvestment #BanxicoStrategy #MarketAnalysis #EconomíaMexicana #ImpactoTrump #PronósticoEconómico #MiedoARecesión #BancoBase #CríticaNeoliberal #RelacionesComerciales #InversiónEnOro #EstrategiaBanxico #AnálisisDeMercado #GabrielaSiller #Gold #BitCoin #ORO

In recent years, the fiscal balances of many Latin American countries have faced significant pressures from government responses to the onset of the Covid-19 pandemic and, more recently, from high international and local interest rates. The post-pandemic period has also been marked by substantial increases in public debt. To date, debt levels as a percentage of GDP have not returned to pre-Covid-19 levels. ❕ Looking ahead, fiscal challenges will remain a priority on the macroeconomic policy agenda for Latin America. 💡 Don't miss these and other relevant indicators for Latin America in our Economic Information System (SIE). #FLAR #SIE_FLAR

🇦🇷 #Argentina: The Hidden Potential of Argentines' "Overseas" Dollars Argentina's citizens currently hold around $277 billion outside the local financial system, according to the National Statistics Institute INDEC. This money, kept in foreign accounts, real estate, other investments and in cash, reflects a significant lack of confidence in the domestic financial landscape, shaped by years of economic instability. However, these funds also represent a substantial opportunity. If even a portion of these overseas reserves were repatriated, they could play a crucial role in revitalizing Argentina's economy. Reinvestment of this capital could spur business growth, improve infrastructure, and support essential sectors like education, finance and technology. To tap into this potential, Argentina must rebuild trust. This requires reforms to create a stable, transparent, and predictable economic environment. Strengthening institutions and addressing corruption are key steps in this process. By fostering a climate of confidence and stability, Argentina could encourage its citizens to bring their overseas assets back into the local economy. These funds, currently hidden at home or abroad, could significantly contribute to Argentina's economic development and future prosperity. INDEC Argentina: Balance of Payments, International Investment Position and External Debt. First quarter 2024: https://lnkd.in/dAu8ni7D "Se agrava la desconfianza: cuántos dólares tienen los argentinos debajo del colchón"

El Economista, a leading voice in Spanish economic journalism, has featured Timur Turlov, CEO of Freedom Holding Corp., in an article discussing Spain's role in digital banking innovation. 🚀 In the interview, Turlov shared his enthusiasm for Spain's potential, stating, “Spain is the perfect destination to achieve digital banking solutions.” This primarily concerns streamlining financial operations, as according to the CEO, “We can maintain a much thinner margin than what most banks can offer their clients because they spend too much on their operations.” 💳 Turlov also envisions further integration into the Spanish market, including participation in the Ibex35 and the development of innovative technologies that grant direct access to financial markets. “In Spain, we see a great demand to achieve global European solutions,” he remarked. 🌍 Beyond business operations, Timur Turlov’s commitment to ESG principles and youth empowerment distinguishes him from many. Freedom24 not only aims to reshape the financial landscape but also invests in the future of the communities it serves, making the company a true force for progress in Europe and beyond. 🌱 📍Read more on El Economista #Freedom24 #DigitalBanking #FinancialInnovation #EuropeanMarkets #BankingSolutions #GlobalFinance #InvestSmart #TechForFinance #ESG #SustainableGrowth

Agencia EFE #Washington: The International #Monetary Fund (IMF) projected on Thursday that the #Argentine economy will start to #grow in the second half of this year. However, the #IMF acknowledged that #President Javier #Milei faces a “challenging path” ahead, requiring #significant evolution in his #economic policies.#EFENews #IMFProjection #ArgentineEconomy #EconomicGrowth #JavierMilei #PolicyEvolution #ChallengingPath #GlobalEconomy #EconomicOutlook #FinancialNews

Agencia EFE #economy #companies: The U.S. #government, through the #International #Development Finance #Corporation (DFC) and #Citi, has #granted a #historic $250 million #loan to #Banco #Ficohsa, marking a #milestone in support of #micro, small, and medium-sized #enterprises (MSMEs) in Honduras. #USGovernment #DFC #Citi #HistoricLoan #BancoFicohsa #MSMEs #Honduras #EconomicDevelopment