The Organization for Economic Cooperation and Development (OECD) forecasts Costa Rica's Gross Domestic Product growth of 3.8% this year.
The international organization presented the data last Tuesday through the OECD Economic Surveys: Costa Rica 2025 report, which shows an improvement compared to…
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Central America
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…
Bukele signs agreement with Google for operations in El Salvador
Nayib Bukele, President of El Salvador, announced that Google has plans to establish an office in the country, in addition to signing a strategic agreement with Google Cloud.
Undoubtedly, the rapprochement between the Central American…
Honduras launches pilot for the creation of a CBDC
The Central Bank of Honduras (BCH in Spanish) is making significant progress towards the modernization of its financial system with the start of the pilot plan for a possible CBDC.
Central bank digital currencies are a safe, fast and…
China inaugurated its embassy in Honduras
This Monday, the embassy of the People's Republic of China in Honduras was officially inaugurated, as a new step after the reestablishment of relations between the two countries on March 26.
During the inauguration ceremony of the…
Volcano Energy will invest in cryptocurrency miners for El Salvador
Volcano Energy, a leading renewable energy company, has announced an impressive $1 billion investment to carry out an ambitious Bitcoin mining industry project in El Salvador.
In a statement posted on Twitter by President Nayib Bukele, it…
Bitfinex obtained the first digital asset license in El Salvador
The government of El Salvador granted Bitfinex, an international exchange based in the British Virgin Islands, the first license issued by the country specifically for digital asset service providers.
The company announced this news…
The EU will allocate 210 million to combat food insecurity in 15 countries
The European Commission announced this Monday a new humanitarian assistance package endowed with 210 million euros that will go to 15 countries affected by the devastating effects of growing food insecurity in the world.
With this new aid,…
Germany tops list of world’s most pro-crypto countries in Q3 2022
Cryptocurrencies are present in most of the world's economies. Germany is not out of the adoption trend and, according to a study by Coincub, the European country is in the top of the most favorable to crypto adoption for the third quarter…
Panama on the list of countries ready for crypto
A report prepared by Forex Suggest prepared a list of countries that are ready to adopt the massive use of cryptocurrencies.
In the report called "World Cryptographic Preparation", Panama is among the top 10 countries in the world with a…
Walmart boosts its presence and profits in Central America
Walmart's net profit in Mexico and Central America grew 48.3% in the first nine months of the year, to almost $ 1.5 billion, according to the company's quarterly accounts report.
Compared to the previous year, the subsidiary's sales grew…
El Salvador is heading towards economic recovery
Authorities of El Salvador announced that it will be the only country in Central America that by the end of 2021 will have recovered the levels of economic activity registered before the Covid-19 pandemic. This was reported by Douglas…