The Venezuelan state oil company PDVSA announced that it will pay the debt with the Curaçao refinery, which it has maintained since 2019, to resume the supply of crude oil to the facilities.
Patrick Newton, director of Refineria di Korsou (RdK), which owns the refinery, said: "This is a fair…
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Browsing Tag
debt
Mexico among Latin countries with the least debt
Gabriel Yorio, Undersecretary of Finance and Public Credit of the Government of Mexico, assured that Mexico will maintain one of the lowest levels of debt in relation to its Gross Domestic Product (GDP) in Latin America, despite the budget…
The US will increase quarterly debt issuance after Fitch’s rating downgrade
The United States Department of the Treasury has announced that it plans to issue 103,000 million dollars (93,784 million euros) in long-term debt to repay the approximately 84,000 million dollars (85,590 million euros) in bonds maturing on…
Consumer confidence index in the United States fell in May
The consumer confidence index in the United States registered a drop in May, going from 103.7 points in April to 102.3 points in the fifth month of the year.
The main reason for the drop in the consumer confidence index is a combination of…
ECLAC considers it urgent to offer alternatives to debt in Latin America
The Economic Commission for Latin America and the Caribbean (ECLAC) considers that the increase in indebtedness levels in the Latin American region requires an urgent transformation of the international financial architecture of sovereign…
China offers to buy El Salvador’s debt
This Monday, China's offer to buy the debt of El Salvador, a pro-cryptocurrency Central American country, was announced as a measure to help refinance its external obligations.
The vice president of El Salvador, Félix Ulloa, said this week…
IMF and Argentina reach an agreement on second review of debt
The International Monetary Fund (IMF) and the Argentine authorities have reached an agreement at staff level on the second review under the Fund's Extended Service Agreement, so that once the review is complete, Argentina will have access…
Drop in the price of Bitcoin affects the economy of El Salvador
The price of Bitcoin, the main cryptocurrency in the market, remains low. This situation directly affects the financial status of El Salvador, a Central American country that adopted crypto in September 2021.
The negative streak in the…
The Fed decreed a new increase in interest rates
The Federal Reserve of the United States (FED) decreed a new increase in reference interest rates in the order of 0.5 percentage points to place them in a range that oscillates between 0.75 % and 1 % with the purpose of avoiding a increase…
Bitcoin is legal currency in El Salvador
The Bitcoin Law enters into force today in El Salvador to adopt cryptocurrency as a means of legal exchange in the Central American country. A range of economic possibilities opens up for Salvadoran citizens and for the economy in general,…
MicroStategy increases its debt bonds to 500 million dollars
MicroStrategy decided to increase the volume of debt bonds to $ 500 million in order to continue acquiring Bitcoin (BTC) and increase cryptocurrency reserves of the company.
The information was released by the CEO of the company, Michael…
Argentina asked Merkel for help to negotiate debt with the IMF
The president of Argentina, Alberto Fernández, asked German Chancellor Angela Merkel for help in negotiating the payment of the debt with the International Monetary Fund (IMF).
Fernández thanked the support that Germany has provided to…