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 figures expressed in 2019. According to the annual report, the…
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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 ".…

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,…

Peru’s economy contracted again

Peru's national production registered a 0.98 % contraction during the month of January, after the positive variation of 0.51 % recorded in December 2020, according to data published by the National Institute of Statistics and Informatics…

India to propose anti-crypto law

India will propose a law that prohibits the transit of cryptocurrencies in the financial market of the Asian country, sanctioning the possession, issuance, mining, trade and transfer of crypto assets, while building a legal framework for an…

Bank of Russia works on digital ruble

The Central Bank of Russia has announced the start of pilot tests with the digital ruble for execution at the end of 2021, as reported by the entity's deputy governor, Alexey Zabotkin to local Prime news agency. The senior executive…

US CPI stood at 1.7% during February

The consumer price index (CPI) of the United States stood at 1.7 % last February, three tenths above the year-on-year inflation rate registered the previous month. It represents the highest price increase in the country since February 2020,…