Russia sanctions TikTok for “administrative offenses”

A Russian court imposed a fine of 2.6 million rubles ($ 34,000) on the social network for creating and sharing videos TikTok for failing to remove information about the protests in favor of the jailed opponent Alexéi Navalni in the month of January. According to information provided by the Interfax…
Read More...

Maduro announced new economic measures

The president of Venezuela, Nicolás Maduro, released a series of economic announcements that will seek to combat the situation generated by the coronavirus. From the Miraflores Palace, in Caracas, the national president indicated that some…
Featured

Ecoanalítica: banking operations were reduced

According to the consulting firm Ecoanalítica, as payments with cash dollars grow in Venezuela, the use of the payment channels provided by the banking infrastructure also falls. When evaluating the number of operations of each of the…
Featured

Brexit hits European companies in the UK

The departure of the United Kingdom from the European Union (EU), the so-called Brexit, is markedly hindering the jobs of German companies in the construction and maintenance sector in that country due to the procedures and visas now…
Featured

Tourism contribution to world GDP falls by half

The World Travel and Tourism Council (WTTC) revealed through a report the figures released of the contribution that the tourism sector offers to the world Gross Domestic Product (GDP) showing a fall of 49.1 % in 2020, the half of the…

President of Argentina asks for more time to pay the debt

The president of Argentina, Alberto Fernández, asked the International Monetary Fund (IMF) for an extension of the term to pay the debt after agreeing with the vice president, Cristina Fernández, that currently the debt is "unpayable ".…
Featured

Coinbase receives $ 6.5 million fine from CFTC

This March 19, the United States Commodity Futures Trading Commission (CFTC) has issued a fine against Coinbase where it orders the exchange to pay 6.5 million dollars, as the commission expressed in a press release. The move is due to the…

Fed announces changes to leverage rules

The United States Federal Reserve Board (Fed) announced that the temporary change to its supplementary leverage ratio (SLR) for US banks will expire on March 31st, as scheduled. In a statement, the Central Bank rejected extending the rule,…