The President of Argentina, Javier Milei, assured that he will organize a popular consultation in case the Argentine Congress rejects the Decree of Necessity and Urgency (DNU), which eliminates numerous laws and regulations to deregulate the economy and allow the privatization of public companies.…
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Zhao’s fortune remains high, despite his troubles
Despite the legal challenges he faces today, Binance founder and former CEO Changpeng Zhao experienced the best financial period in his history. During the year 2023, its wealth has increased by approximately $25 billion.
According to…
2023 was marked by layoffs in global banking
The major global banks cut their staff by more than 60,000 during the year, making 2023 one of the most redundant fiscal years in the sector since the great global financial crisis, according to data compiled by the Financial Times.…
Latin American entrepreneurs anticipate a series of challenges in 2024
After a year marked by political uncertainty, inflation and high interest rates, Latin American entrepreneurs are setting their sights on 2024, a year that presents the initial challenge of a slowdown in the global economy and the headwinds…
AI displaced bitcoin in Google searches
In a notable turn, Google users show a marked shift in their search preferences, choosing to investigate more about Artificial Intelligence (AI) rather than "bitcoin" or "cryptocurrencies". Recent data from Google Trends reveal that,…
In 2024 cryptocurrencies will bring innovative products
In the 2017 bullish boom, Initial Coin Offerings (ICOs) captured the attention. In the last bull market of 2021, Decentralized Finance (DeFi) and yield farming dominated the scene. Now, with a new bullish cycle underway, 2024 promises the…
Musk is no longer “so interested” in cryptocurrencies
Eccentric tycoon and owner of Tesla, SpaceX and X (Twitter), Elon Musk, reveals his shift away from cryptocurrencies
During a conversation with Cathie Wood of Ark Invest at an X Space event held yesterday, Elon Musk, the visionary…
Cuba to promote an economic stabilization program to overcome the crisis
Within the framework of the 7th plenary session of the Central Committee of the Communist Party of Cuba (PCC), concluded this Saturday in Havana, an ambitious macroeconomic stabilization program has been discussed and evaluated. This…
Moderna hopes to offer new cancer vaccine in two years
Stéphane Bancel, CEO of Moderna, reveals that the company's experimental melanoma vaccine could reach the market in just two years, marking a historic milestone in the fight against the most serious form of skin cancer.
With 325,000 new…
Guyana and Venezuela to maintain dialogue to resolve conflict
At an important meeting held last Thursday, 14 December in Kingstown, the capital of Saint Vincent and the Grenadines, the Governments of Guyana and Venezuela committed themselves to finding concrete solutions to the border dispute…
World Bank adjusted its forecasts for China in 2024
In a recent update, the World Bank (WB) revised down its projections for China’s economic growth in 2023. Growth is now estimated at 5.2 %, marking an adjustment with respect to the previous forecast of 5.6 % made last June.
The…
House of Representatives supported formalization of impeachment inquiry into Biden
In a tight vote of 221-212, the U.S. House of Representatives has backed the formalization of the conservative-led impeachment investigation against President Joe Biden. All Republicans rallied in support, despite domestic concerns about…