The insurance market in Latin America experienced a drop of 11.9 % in premiums in 2020, to 134,361 million dollars, of which 57 % were registered in Non-Life insurance compared to the remaining 43 % in Life insurance, according to a report presented by Mapfre Economics and edited by Mapfre…
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New currency expression will simplify transactions
A few days before the third monetary reconversion in Venezuela, the economist José Ricardo Salazar points out that the single advantage that this new change brings is the simplification of transactions. He assures that payment processes…
Venezuelan banking will be inactive soon
The vice president of Venezuela, Delcy Rodríguez, reported that from September 30 at approximately 8:00 pm, and until 6:00 am on October 1st, banking activities will be restricted due to currency reconversion.
This was reported by…
Business digitization as a way to expansion
Digitization has become an essential support for companies, regardless of the structure and the sector in which they are dedicated. Softwares or own licenses, social networks, e-Commerce are essential to subsist, develop and expand the…
NFT scam leaves losses of $ 450,000
The collection of NFT, a recent format in which digital works of art have been sold to the original code of the World Wide Web, began to suffer the first scams, with a case in which cybercriminals have stolen close to 450,000 dollars,…
Economic activity in Venezuela fell 2.2 %
The Venezuelan Finance Observatory reported that "economic activity in Venezuela fell 2.2 % in the second quarter of 2021", registering a total of 25 consecutive quarters in the fall in the economic activity index. However, the reported…
Robinhood will allow withdrawals in cryptocurrencies
The Robinhood platform is conducting tests on a digital wallet, which would allow sending and receiving cryptocurrencies.
Several specialized portals claim to have seen evidence regarding the development that the retail platform would be…
California is the best-prepared state for crypto assets in the US
A new investigation by Crypto Head determined that the state of California "has become the most suitable jurisdiction for cryptocurrencies in the United States" due to the spread of ATMs and its progressive interest in digital assets among…
Sunacrip will carry out inspections in the Venezuelan digital mining
The National Superintendency of Crypto Assets and Related Activities (Sunacrip) will supervise digital mining in Venezuela with the help of other security agencies.
The entity reported that the Headquarters of the Joint Chiefs of Staff of…
Bancamiga began operations for the massive delivery of debit cards
Bancamiga Banco Universal has begun the massive delivery of debit cards, in order to facilitate the operation of customers, in the context of the New Monetary Expression, a process that as of October 1 puts the Digital Bolívar into…
Germany will support the Palestinians with $ 120 million
Germany will support new projects in the Palestinian economy with almost 120 million dollars in the next two years, as announced by the German representative office in Ramalá.
The goal is, among other things, to mitigate the consequences…
Venezuela increased electronic commerce by 2,000 %
Electronic commerce in Latin America tripled its activity during 2020 and in Venezuela its growth was "close to 2,000 %, that is, it increased its activity 20 times", as confirmed by the figures published by the Venezuelan Chamber of…