The Central Bank of Brazil lowered its economic growth forecast for this year due to the inflation rate, increased public spending, and various weather events.
The reduction in the growth forecast "indicates that further interest rate hikes will affect activity as policymakers struggle with…
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Bitcoin price could drop to $70,000 due to market conditions
The value of Bitcoin, the market's leading cryptocurrency, recently fell below $86,000. Veteran analyst Peter Brandt was quick to point out that without market support, the price of BTC could reach $70,000.
Brandt closely monitors…
Venezuela’s Central Bank received a ton of gold bars to increase reserves
Venezuelan President Nicolás Maduro announced the delivery of a ton of gold bars to the Central Bank to strengthen reserves.
Maduro stated: "Venezuela is already producing, following the most rigorous international standards, gold bars for…
Venezuela signed an agreement with Dubai and Switzerland on agricultural cooperation
With the aim of strengthening international cooperation and promoting sustainable development, Venezuela signed an agricultural agreement with representatives from Dubai and Switzerland.
The signing was carried out through the Ministry of…
OFAC extends deadline for Chevron to liquidate operations in Venezuela
Chevron has until May 27 to liquidate its operations in Venezuela. This was decided by the U.S. Office of Foreign Assets Control (OFAC), according to an announcement on Tuesday.
U.S. President Donald Trump had been considering giving the…
Security when making digital payments
Debit and credit card payments are a daily routine in global commerce. Technology facilitates the process and provides convenience to customers.
However, it is important to remain vigilant when using points of sale to avoid falling victim…
The Collado del Cóndor Gran Fondo makes history in Venezuelan cycling
Cyclists from all over the country took to Mérida state to witness a historic event: the Guinness certification of the fifth edition. of the Gran Fondo Collado del Cóndor (GFCDC).
One thousand cyclists from all Venezuelan states…
The US dollar is the official currency in Ecuador
At the end of last week, Ecuadorian President Daniel Noboa announced Executive Decree 565, which officially establishes the US dollar as the official currency.
Noboa ratified the measure through the presidential digital portal during an…
Venezuela reduces public sector working hours for six weeks
Through the Ministry of Electricity, the Venezuelan government announced the reduction of the public sector working hour from 8:00 a.m. to 12:30 p.m., applying the 1x1 system, which consists of one working day for one non-working day.
The…
Brazil reduces import taxes to zero on 11 basic products
The Brazilian government, following orders issued by President Luiz Inácio Lula da Silva earlier this month, implemented a zero import tax reduction on eleven basic products.
The measure applies to meat, sardines, roasted coffee, coffee…
Trinidad and Tobago to strengthen cooperation with China
Deepening cooperation between Trinidad and Tobago and China is a priority for the Caribbean nation, Prime Minister Keith Rowley stated at a local event on Saturday.
The official referred to this cooperation on Saturday, March 15, during…
Bancamiga celebrates 18 years of improving the financial experience of Venezuelans
With its firm intention to continue consolidating itself in the Venezuelan financial system as an innovative bank that promotes banking access and contributes to the country's development, Bancamiga reached its coming of age this Wednesday,…