Industries

Development Bank of Latin America (CAF) to Provide US$2 Billion in Financing to Colombia – Bloomberg Interview with President Sergio Díaz-Granados

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Development Bank of Latin America (CAF) to Provide US Billion in Financing to Colombia – Bloomberg Interview with President Sergio Díaz-Granados

Bogotá — The financing that CAF will provide to Colombia will be US$2,000 million this year. This was confirmed in an interview with Bloomberg Línea by the president of the Development Bank of Latin America (CAF), Sergio Díaz-Granados. These resources will be allocated to sovereign financing for nearly US$520 million; non-sovereign, with another US$500 million; … Read more

Mortgage applications to buy a home in the US increase for the fourth week

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Mortgage applications to buy a home in the US increase for the fourth week

Bloomberg — Mortgage applications for home purchases in the US increased for the fourth consecutive week, the largest streak of increases since March, helped by a further relaxation in borrowing costs. The Mortgage Bankers Association’s purchase application index rose 4.7% to a two-month high of 144.9 in the week ended Nov. 24. The contractual rate … Read more

Toyota is sentenced to pay US$60 million for deception in car loans

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Toyota is sentenced to pay US million for deception in car loans

Bloomberg — Toyota Motor Corp.’s (TM) lending division will pay $60 million to settle a U.S. regulator’s allegations that it tricked customers into buying additional products that increased their payments and then dragged them off when they tried to cancel them. . Toyota Motor Credit Corp. allegedly lied about whether the extras were required or … Read more

Alternative Strategies for Investing in Real Estate: Beyond Traditional Homeownership

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Alternative Strategies for Investing in Real Estate: Beyond Traditional Homeownership

Bloomberg — Mortgage rates are high. Prices continue to increase. Besides, there is nothing to buy. In the opinion of many, It is a triad of frustrations that has deprived them of purchasing a house, which has long been a key avenue for building wealth in the U.S. However, despite this difficult housing market, there … Read more

The Rise of Buy Now, Pay Later: A Concerning Trend for Generation Z

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The Rise of Buy Now, Pay Later: A Concerning Trend for Generation Z

Bloomberg Opinion — As Generation Z entered adulthood, studies emerged claiming they were the generation with the lowest levels of credit card debt. Of course they were: They couldn’t easily access credit cards. The Credit Card Accountability and Disclosure (CARD) Act of 2009 made it significantly more difficult for college-age consumers to obtain a credit … Read more

What do the markets expect for this Tuesday, March 21?

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What do the markets expect for this Tuesday, March 21?

In the local market, figures from exporting companies and the Citibanamex survey will be reported; in the US, the sales figures for used houses stand out. MEXICO The INEGI will publish the figures of the manufacturing industry, maquiladora and export services (IMMEX) a enero. Later, Citibanamex will announce the results of its expectations survey. USA … Read more