Argentina will put into circulation in the middle of this year the new 2,000-peso bill, which will become the highest denomination. The purpose is to face the high inflation that overwhelms the nation.
In December 2022, Argentina closed the period with 92 % inflation, one of the highest for the…
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PayPal will reduce its workforce by 7 %
The president and director in charge of PayPal, Dan Schulman, announced that the payment platform will lay off some 2,000 workers, which represents 7 % of its workforce.
With this measure, PayPal joins the massive wave of layoffs that…
Coinbase adds improvements to its wallet
Coinbase, a US-based international exchange, announced new features for its Coinbase Wallet, including a transaction preview system that will be especially useful for users who transfer NFTs.
With this new functionality, users will be able…
Germany could enter a technical recession
Inflation and the energy crisis slowed down the German economy in the fourth quarter of 2022, which could lead to a recession in the first months of the new year, according to data from the Federal Statistical Office released on Monday.…
Supreme Court of Panama decides the future of the local crypto industry
The Supreme Court of Panama is in the eye of the hurricane, as it is tasked with deciding the future of the local crypto industry. The President of Panama, Laurentino Cortizo, sent Bill No. 697, known as the "crypto bill", to the Supreme…
US economy closed 2022 with growth
The United States economy closed the year 2022 with a growth of 2.1 %, sustained mainly by the consumption of the population, despite the lower purchasing power in a context of inflation. However, now the question is whether or not the…
The ECB will analyze the risks of climate change for the financial sector
The European Central Bank (ECB) has announced that it will now use a series of environmental statistical indicators to monitor climate risks in the financial sector and to promote a sustainable banking system.
These new indicators will be…
Deyna Castellanos: It is “very special” to be an ambassador for Bancamiga
For Bancamiga it is essential to strengthen its connection with Venezuelans, which it has been doing hand in hand with figures who, like the bank, represent professionalism, integrity and dedication. The leader of the female Vinotinto,…
Spotify will also cut staff
Spotify plans to cut 6 % of its workforce this week, according to people familiar with the process.
The move comes after the 66 % plunge in the shares of the Scandinavian company last year, after investor doubts about the platform's shift…
Spanish Mobius Group targets Europe and Latin America
By 2023, the Spanish business group Mobius Group will focus on its "internationalization", especially towards Europe and Latin America, and also on the consolidation of its technological proposal, which, according to what it has indicated,…
Massive layoffs among US tech giants continue
The massive job cuts among the big US technology companies have gained new intensity in the last week, after the announcement of thousands of layoffs by Microsoft and Google, and the communication of the departure of thousands of workers…
Verónica Ávila was presented by Banplus as its new Executive President
The financial entity with more than 15 years in the market, providing services to its clients and always being at the forefront of innovation, incorporated economist Verónica Ávila into its team as the new Executive President of Banplus,…