The United States economy closed the year 2022 with a growth of 2.1 %, sustained mainly by the consumption of the population, despite the lower purchasing power in a context of inflation. However, now the question is whether or not the world's greatest power will enter a recession in 2023.…
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economy
Brazil calls for an agreement between Mercosur and the EU
The president of Brazil, Lula da Silva, stated that it is "urgent" and "necessary" for Mercosur to reach a trade agreement with the European Union (EU) as soon as possible, in order to address other issues that the trade bloc has, such as…
Japan faces the worst fiscal crisis
Japan is going through the worst fiscal crisis since World War II, with a public debt that exceeds GDP by 260 %.
This is clear from the statements issued this Monday by the Japanese Finance Minister, Shunichi Suzuki, who also referred to…
Brazil and Argentina will have a common currency
The governments of Brazil and Argentina will announce next week preparations to launch a common currency project that could turn the two countries, the two largest South American economies, into the world's second-largest currency bloc.…
Genesis files for bankruptcy
Cryptocurrency lender Genesis recently filed for Chapter 11 bankruptcy protection in the Southern District of New York, United States.
This is not a surprise, the company had previously stated that it was considering filing for bankruptcy…
Mexico’s economy will maintain signs of growth
In the opinion of Rogelio Ramírez de la O, head of the Ministry of Finance and Public Credit of Mexico, the country will continue to show signs of recovery beyond what was forecast by analysts until the end of 2022.
The CEO of the Ministry…
Deterioration of the world economy will bottom out
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, expressed confidence that the deterioration in global economic activity will bottom out this year and that growth will accelerate again in 2024.
"Our…
Thailand will have virtual banks
The Bank of Thailand revealed that it plans to allow virtual bank operations by 2025, supported by companies that make a living in the world of finance.
The publication of the "Consultation document on the framework for granting licenses…
IDB commits to Latin America
The new president of the Inter-American Development Bank (IDB), Ilhan Goldfajn, promised to ensure that the multilateral bank is the "most important" development institution for Latin America and the Caribbean, becoming a "reliable" partner…
Peru’s economic reactivation is expected soon
The Minister of Economy and Finance of Peru, Alex Contreras, pointed out that the reactivation of the economy of the regions of the country most affected by the social conflict can be appreciated already at the end of the first quarter of…
Mexican digital peso launch date unclear
The Central Bank of Mexico, better known as Banxico, is still working on the launch of its own digital currency, which is now estimated not to be ready by 2024.
The information from the local media ensures that the institution is working…
Wyre implements a limit on withdrawals
The Wyre platform implemented an asset withdrawal limit for its users, just days after a rumor about a possible closure surfaced.
As indicated by those in charge of the cryptocurrency platform, this limit arises to protect the interests of…