Chinese social network WeChat recently announced a ban on services related to cryptocurrencies and non-fungible tokens (NFT).
Through the updating of its policies, the Chinese platform restricted the publication of this type of content, indicating that those who incur in this type of act will fall…
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China
Shanghai lifts coronavirus restrictions
The Chinese city of Shanghai eased anticovid restrictions after two months of home confinement. As of midnight on Wednesday, most citizens of the economic center of the city can move freely, shopping malls open again and public transport…
World exports of intermediate goods grew by 21 %
The World Trade Organization (WTO) reported that world exports of intermediate goods (IG) continued to grow in the last quarter of 2021, registering a figure of around 21 %. However, its increase was lower than those registered in previous…
China continues to test the digital yuan
The Chinese government is planning to hand out about 15 million yuan worth of CBDC to about 130,000 residents of the Shenzhen community.
These coins will be accepted in at least five thousand stores, with no minimum purchase required to be…
Venezuelan oil exports drop in April
Venezuela registered an average oil production of 420,000 barrels per day in April, some 410,000 barrels per day less than the goal established by PDVSA, which projected some 830,000 barrels per day of production for last month.
According…
Nepal ratifies the prohibition of cryptocurrencies
Nepal, a country located in South Asia, is blocking websites and applications related to the world of cryptocurrencies, in order to ratify its ban on the use of Bitcoin.
The Nepal Telecommunications Authority (NTA) issued a notice this…
China’s GDP showed a growth of 4.8 %
The Gross Domestic Product (GDP) of China registered a growth of 4.8 % in the first quarter of 2022 compared to the same period of the previous year. It represents an acceleration of eight tenths compared to the year-on-year expansion…
Evergrande suspends listings on the Hong Kong stock exchange
Evergrande, a Chinese real estate company, suspended the listing of its shares on the Hong Kong stock exchange, as well as its two subsidiaries: the real estate management company Evergrande Property Services and the electric vehicle…
Chinese companies begin to erase their NFT platforms
China's digital companies are beginning to remove their non-fungible token (NFT) platforms from the market due to the country's restrictions on cryptocurrencies and everything related to them.
This is how WeChat, for example, deleted…
China applies tougher measures against cryptocurrencies
China announced the tightening of measures against cryptocurrencies, which continues with its policy of considering them illegal as established in September of last year.
In updating its laws, it is highlighted that raising funds using…
The IMF forecasts that Peru’s economy will grow by 3 % in 2022
The International Monetary Fund (IMF) estimates that Peru's GDP will grow by 3 % in 2022, after having rebounded by 13.3 % in 2021 after the historical collapse of 11 % in 2020.
In the conclusion of Article IV on the Andean country, the…
Lithium producer SQM obtains benefits over $ 585 million
The Chemical and Mining Society of Chile (SQM) recorded a net profit of 585.5 million dollars in the 2021 financial year, which means multiplying by more than three times the profits recorded a year earlier, as reported by the company in…