The United Kingdom's Office of Communications (Ofcom), the market regulator in the country, has decided to open an investigation into the cloud services offered by Amazon, Microsoft and Google with the aim of ensuring that the market "works well for citizens and companies", as indicated in a…
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Bank of England raises interest rates

The Bank of England (BoE) raised the country's interest rates to 2.25 %, which is equivalent to an increase of 50 basis points, according to the entity's Monetary Policy Committee. The British central bank's decision comes just one day…

Tether will need to prove its backing in USDT

A court in the United States asked the company that owns the stable currency Tether to provide documents that demonstrate the backing in dollars of the digital asset USDT. New York Southern District Court Judge Katherine Polk Failla issued…

The SEC will create the Crypto Assets Office

Given the rise of cryptocurrencies in the financial markets, the United States Securities and Exchange Commission announced on September 9 that among the new departments it will create is the one dedicated to digital assets and related…

Oil market is in a “state of schizophrenia”

The Organization of Petroleum Exporting Countries (OPEC) warned that the crude oil market is operating under a "state of schizophrenia", so it is not sending the right signals to be balanced, according to its monthly report on the market.…

US inflation slowed in August

Inflation in the United States stood at 8.3 % last August, which represents a decrease of two tenths compared to July, thus chaining two months of moderation, according to the data released this Tuesday by the Bureau of Labor Statistics of…

Venezuela willing to export gas and oil to the EU

Venezuela would be able to export gas and oil to countries that require it, mainly to Europe, to face the arrival of winter and the crisis generated by the suspension of supplies of these items from Russia. As will be recalled, the EU…