El salvador
Capital: San Salvador; GDP growth (annual %) 2016 : 2.4 %;
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Higher earning Why a university degree is worth more in some countries than others
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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China looks to deepen ties with Latin America
China's president, Xi Jinping, has embarked on a week-long visit to Latin America that will include national visits to Ecuador, Peru and Chile. Mr Xi's trip comes instantly on the heels of a US presidential election that has called the next of US-Latin America relations into question, and highlights China's emergence as a key trade and investment partner for the region.
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Global growth will be disappointing in 2016: IMF's Lagarde
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
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Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
- Key Facts
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Full name: Republic of El Salvador
Population: 6.2 million (UN, 2011)
Area: 21,041 sq km (8,124 sq miles)
Major language: Spanish
Major religion: Christianity
Life expectancy: 68 years (men), 77 years (women) (UN)
Monetary unit: US dollar & Salvadoran colon
Main exports: Offshore assembly exports, coffee, sugar, shrimp, textiles, chemicals, electricity
GNI per capita: US $3,380 (World Bank, 2010)
Internet domain: .sv
International dialling code: +503
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Climate change laws around the world
2017/05/14There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.
The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.
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Latin America Economy Renewed confidence in Latin America’s brightest economy
2017/03/04The PPK cabinet has been working diligently to modernize the country and replace business confidence, while unlocking investments and infrastructure megaprojects in a bid to boost the country’s economy
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- El Salvador News
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- EDUCATION: Higher earning Why a university degree is worth more in some countries than others
- BUSINESS / TRADE: China looks to deepen ties with Latin America
- ECONOMY: Global growth will be disappointing in 2016: IMF's Lagarde
- EDUCATION: Education beyond schools: Experiences from El Salvador
- ECONOMY: Revised IMF forecasts signal gloom on global economic outlook
- SOCIAL / CSR: Oxfam Study Finds Richest 1% Is Likely to Control Half of Global Wealth by 2016
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