Authorities of El Salvador announced that it will be the only country in Central America that by the end of 2021 will have recovered the levels of economic activity registered before the Covid-19 pandemic. This was reported by Douglas Rodríguez, President of the Central Reserve Bank (BCR). Indeed,…
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Tether and Bitfinex fined $ 42.5 million

The United States Commodity Futures Trading Commission (CFTC) punished companies Bitfinex and Tether $ 42.5 million for failing to comply with the commodity exchange law and some regulatory requirements. The regulator revealed that Tether,…

100 banks join the Swift Go service

One hundred banks, from around the world, have subscribed to the Swift Go service, which facilitates instant international payments to small businesses and consumers in a predictable, highly secure and competitively priced way from their…

LinkedIn will stop operating in China

China's internet system takes a new victim. LinkedIn, the social network owned by Microsoft, announced that it will cease its functions in the Chinese market by the end of 2021, due to the government's tight control over foreign platforms.…

Rise in oil prices will not benefit Venezuela

A barrel of oil could increase by the order of 100 dollars by the end of the year. This was reported by economist Rafael Quiroz, who pointed out that these upward estimates are a consequence of the global crisis caused by the energy crisis.…

CAF grants financing for projects in Argentina

At a meeting held in the Casa Rosada, Alberto Fernández, President of Argentina, and Sergio Díaz-Granados, Executive President of the Development Bank of Latin America (CAF) agreed on financing in the order of 2,670 million dollars for the…