The president of the Chamber of Electronic Commerce (Cavecom-e), Richard Ujueta, has shared his vision about the transformative role of this sector in Venezuela. In his opinion, this modality has given Venezuelans the opportunity to overcome the severe crisis that the country is going through.…
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crisis
Parallel dollar in Argentina exceeded 1,000 pesos per unit
In an unprecedented milestone, the parallel dollar, known as the "blue", reached a new record in Argentina on October 10, surpassing the mark of 1,000 pesos per unit. This escalation represents a gap of 190% compared to the official…
Analysts predict price crisis for Bitcoin in 2024
The cryptocurrency analyst company Seth Fin, taking into account the fluctuations that the price of Bitcoin has had in recent months, predicts what they define as a “storm” in 2024.
The firm noted on its account on the social network
But…
Complying with the new Euro 7 emissions standard will mean a high cost
The new regulations on the reduction of pollutants in the automotive sector in Spain could represent a very high cost in the order of 3,719 million euros per year.
Euro 7 is the new regulation aimed at reducing these emissions from…
US government intervenes in Silicon Valley Bank
The Federal Deposit Insurance Corporation (CFSD) intervened this Friday in Silicon Valley Bank (SVB), a financial institution that concentrates a large number of clients among technological 'startups'.
Customer withdrawals due to rumors…
Bitcoin falls below $20,000 for the first time since January
The price of Bitcoin, the reference token for the cryptographic asset markets, fell this Friday by more than 3 %, until it was below the threshold of $20,000 (18,929 euros) for the first time since mid-January due to the turbulence due to…
Visa and Mastercard drop partnership with cryptocurrency companies
The crisis in the field of cryptocurrencies, which began in 2022 and has left several platforms bankrupt, is the main reason that has led Visa and Mastercard to suspend crypto projects.
Spokespersons for the companies have indicated that…
FTX subsidiary in Japan studies reactivating withdrawals at the end of 2022
In an announcement made Monday, the FTX affiliate in Japan unveiled the possibility of reinstating cryptocurrency withdrawals to its clients later this year.
FTX Japan had complied with the order issued by the country's Financial Services…
The Bundesbank forecasts a recession and double-digit inflation in Germany
The German economy is headed for a prolonged economic recession until next year and inflation will remain at double-digit levels, the Bundesbank forecast in its monthly report released today.
"There are growing signs of a recession in the…
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…
Eurozone faces a moderate recession
The economy of the Eurozone is facing a slowdown after the strong rebound in growth experienced, which could even become a "moderate recession", but far from a crisis scenario like that of 2008, according to the chief economist of the…
ECLAC improved growth forecasts for Latin America
ECLAC indicated this Tuesday that the growth projection for Latin America and the Caribbean went from 1.8 to 2.7 %, which shows a slight increase. The agency gave details of GDP expansion on Tuesday when announcing forecasts for economic…