Given the crisis in the electrical sector, which keeps the country with permanent power cuts, the Ministry of Electrical Energy of Venezuela indicated that all cryptocurrency mining farms, which demand high consumption, will be disconnected.
The ministry tries, with this measure, to control demand…
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Lino Simoes / MQD: If we do not take care of our reputation, success is not certain
For engineer Lino Simoes, general manager of Más Que Digital (MQD), a company's reputation has become an invaluable asset in today's highly competitive world of business marketing. To the point that it is no longer just any component or…
Caracas Stock Index closed at 62,859.55 points this Friday, May 17
Market Summry from MAY 14 to 17, 2024
On the Caracas Stock Exchange, between May 14 and 17, 2024, a total of 274 million 917 thousand 118 bolivars were traded.
In variable income, 768 purchase/sale operations of shares of companies…
Visa announced Tap to P2P payment method
Visa CEO Ryan McInerney introduced the revolutionary payment modality called Tap to P2P during Wednesday's Visa Payments Forum event in California.
This is a mechanism that turns every smartphone into a digital payment device. User…
El Salvador has mined 474 Bitcoins with energy from the Tecapa volcano
Renewable energy is used in El Salvador for Bitcoin mining. The Central American country uses the energy of the Tecapa volcano in this activity, and has already managed to mine 474 bitcoin, which is equivalent to about 29 million dollars.…
Venezuelan oil production in April was 878,000 bpd
During the month of April, Venezuela's oil production stood at 878,000 bpd, according to secondary sources from the Organization of the Petroleum Exporting Countries, OPEC.
The increase reaches barely 4,000 barrels per day, according to…
Approval of the Pension Law keeps the private sector on alert
With the approval of the Pension Law by the National Assembly of Venezuela, private companies are analyzing whether the new fee they must contribute will disrupt the possible salary increases planned for this year.
The new Pension Law came…
Argentina will receive USD 800 million from the IMF
Argentina managed to comply with the reduction of the fiscal deficit and the Central Bank's reserve purchase specifications, established by the International Monetary Fund, for which it will receive a disbursement of USD 800 million in…
Mexican financial sector could grow up to 5 % in 2024
Mexico's financial growth for the next 12 to 18 months could be between 4 and 5 % according to statements by Alfredo Calvo, Leader of the Financial Institutions sector for Latin America at Standard & Poor's, Global Ratings.
According…
Caracas Stock Index closed this Friday, May 10, at 63,262.05 points
Market Summary from 6 to 10 May, 2024
On the Caracas Stock Exchange, between May 6 and 10, 2024, a total of 19 million 348 thousand 509 bolivars were traded.
In variable income, 777 purchase/sale operations of shares of companies…
Colombia, the United States and Spain are the countries that receive the most remittances from Latin…
The countries that receive the largest amount of remittances from Latin America, according to a report by the fintech Global66, are the United States, Colombia and Spain.
The study included the Chilean, Peruvian and Colombian markets,…
IDB: Digital payments have increased in Latin America and the Caribbean
Digital payments have experienced rapid growth in Central America and the Caribbean, according to the recent Inter-American Development Bank (IDB) report titled “Towards Greater Financial Inclusion for Development.”
The IDB published this…