The Organization for Economic Cooperation and Development (OECD) issued an alarming report on the Argentine economy. According to their estimates, inflation in the country will soar even further this year, reaching a staggering 250.6%, compared to 134.5 % in 2023. In addition, the recession will…
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German economy closed 2023 with a contraction of 0.3 %
According to data published this Tuesday by the German Federal Statistical Office, the country's economy contracted 0.3% during the last quarter of 2023.
Among the factors that influence this contraction of Germany's economy, compared to…
Coinbase recruited a former UK minister
Cryptocurrency exchange Coinbase Global Inc. appointed George Osborne, former UK Treasury Secretary, as an advisor as it faces growing regulatory scrutiny in the United States.
Coinbase has announced that Osborne will join the company's…
Paypal laid off about 2,500 employees
PayPal, the global digital payments giant, would have laid off about 2,500 employees today, in order to reduce operating costs and maximize profit margins.
PayPal cuts payroll An employee of the company who attended a meeting confirmed…
Visa offers its crypto-to-fiat exchange service in 145 countries
Visa, the global payments giant, is driving the adoption of cryptocurrencies by offering another method to exchange crypto for fiat currencies without the need to use a centralized exchange.
Visa has partnered with Transak, the Web3…
IMF predicts a contraction in Latin America’s GDP
Argentina’s economic crisis, which will contract by 2.8% in 2024, has led the International Monetary Fund (IMF) to cut Latin America and the Caribbean’s growth forecast for this year by 0.4 percentage points, to 1.9%.
This is indicated by…
Milei eliminates a ministry and gives more power to Caputo in Economics
The Argentine president, Javier Milei, finished his first cabinet reform with the elimination of the Ministry of Infrastructure and the strengthening of the Economy minister, Luis Caputo, who takes control of the area that was in charge of…
Binance.US suspended operations in Alaska and Florida due to regulatory issues
Binance.US, the arm of Binance for the US market, stopped operating this week in Alaska and Florida due to conflicts with local authorities.
According to a report by the Wall Street Journal (WSJ), this decision is due to the investigations…
Mexico’s inflation remains on an upward trend
Mexico maintains inflation with an upward trend, located at 4.9 %, according to the National Consumer Price Index.
The organization's report indicates that the increase in the inflation rate has been maintained for three fortnights, with…
SEC requests Ripple’s financial statements as a value at trial
The United States Securities and Exchange Commission (SEC) and Ripple Labs continue to face trial before Judge Sarah Netburn of the Southern District Court of New York. The SEC requires Ripple to disclose its 2022 and 2023 financial…
China and Jamaica analyzed bilateral cooperation
In a meeting held this Saturday in the city of Kingston, China and Jamaica highlighted the positive results of bilateral cooperation, which has allowed progress in different projects in areas such as education, trade, technology, science,…
Horacio Velutini is the new president of the Bolsa de Valores de Caracas
On Wednesday, January 24, 2024, elections were held for the new board of directors of the Bolsa de Valores de Caracas (BVC in Spanish), in a journey that marked a milestone in the history of the institution.
With a total of 31,000,000 …