The president of the Central Bank of Chile, Rosanna Costa, announced the projection of the country's year-on-year inflation, which could remain at 5 % until June.
According to the executive of the regulatory body, this projection is based on "the simultaneous occurrence of cost shocks that, in line…
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Colombia, Peru and Brazil agreed to increase minimum wage
The economy in Latin America is still struggling to stabilize. Amid discussions and working groups, the labor force has achieved some achievements that are reflected in salary increases starting in 2025, as is the case in Peru, Brazil and…
Russia bans cryptocurrency mining due to high energy consumption
The Russian government took the measure of banning cryptocurrency mining in 10 regions until March 2031 as a result of the high consumption of electricity that the activity entails.
“The ban, which includes participation in a mining pool…
First International Economic Forum Latin America and the Caribbean 2025
CAF, Development Bank of Latin America and the Caribbean, will hold the first International Economic Forum Latin America and the Caribbean 2025 in Panama City on January 29 and 30.
The organization's agenda is focused on key issues for the…
China to invest in industrial park in western Venezuela
Venezuela and China are moving forward with strategic projects in the state of Falcón, in western Venezuela, with an investment of $10 billion in sectors such as tourism and oil.
According to the vice president of Venezuela, the objective…
Oil supply to be assured this year
According to the International Energy Agency (IEA) oil supply forecasts for 2025, the figures will be favorable.
Despite the impact on the sector of low demand from China, the agency “increased its forecast for growth in global oil demand…
Colombia’s fintech industry will set the trend in 2025
Colombia's fintech industry will experience positive progress in 2025, setting the trend in the payments sector, with innovation and consolidation of current systems.
If 2024 was a good year thanks to the transformations in the region in…
Brazil expects a 7 % increase in food production during 2025
The Brazilian Institute of Geography and Statistics (IBGE) expects that in 2025 the production of some foods in the country will increase by 7 %. The items mentioned in the study are oil seeds, cereals and legumes.
According to the local…
Texas to create a state reserve of bitcoin
Texas has proposed the creation of a local reserve of bitcoin, which would be maintained for five years, given the potential of the cryptocurrency as a reserve asset.
According to local media, “the proposal was introduced by Texas…
OECD raises global growth forecast for 2025
The Organization for Economic Co-operation and Development (OECD)'s global growth forecasts for 2025 are slightly encouraging, with the organization raising the figure to 3.2 %.
The OECD has considered aspects such as the impact of…
IDB Invest to manage investments in Latin America and the Caribbean with a new platform
IDB Invest, the investment arm of the Inter-American Development Bank, will work together with Colabora Capital Partners (CCP) to develop a new platform aimed at managing investments in Latin America and the Caribbean.
According to the…
Bit2Me launches loans with cryptocurrencies
The Spanish company Bit2Me launched the loan service with bitcoin as collateral called Bit2Me Loan. Those interested can apply, without paperwork, for up to 1 million euros.
The credit assignment is immediate, with no fees for opening or…