Inflation in Latin America shows signs of slowing down in countries like Brazil and Mexico. However, at the other extreme are Venezuela and Argentina, with the highest inflation rates, above 100 %.
The first semester of 2023 has not been easy for LA in economic matters. Inflation is one of the…
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Venezuela signs new cooperation agreements in Moscow
Venezuela and Russia strengthened commercial ties this Monday with the signing of new agreements in strategic areas such as health, finance, sports, economy and transportation, among others.
The signing of the agreements took place in…
Latin America at the forefront of CBDC adoption
Latin American and Caribbean countries are directing their economies towards the adoption of cryptocurrencies and CBDC, as an escape route from international sanctions, inflation, the devaluation of their official currency, among other…
Yellen does not believe there is a recession in the United States
The United States Treasury Secretary, Janet Yellen, indicated this Sunday in India during her meeting with the G20, that the country's economy is showing a good change, so she does not believe that they will enter a recession.
Speaking to…
UK joins the Trans-Pacific Free Trade Agreement
The United Kingdom signed this Sunday in New Zealand its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), making it the first country in Europe to join the group. The treaty will enter into…
Cryptocurrency scams fell 77 %
A recent report from Chainalysis revealed that cryptocurrency-related scams saw a significant decline compared to the same period last year. However, malicious actors continue to pose a threat.
According to Chainalysis' semi-annual report,…
PepsiCo earns 92 % more in the second quarter
The multinational 'snacks' and soft drinks PepsiCo closed the second quarter with an attributable net profit of 2,748 million dollars, which is equivalent to an advance of 92.3 % compared to the same period of the previous year, according…
JP Morgan AM forecasts positive growth in the US and Europe
The JP Morgan AM Strategy Director for Spain and Portugal, Lucía Gutiérrez-Mellado, indicated in a meeting with the media that her baseline scenario for developed economies is one of "discrete but positive growth", thanks to the strength of…
Latin America joins the fight against climate change
This week, the fifth Regional Conference of the Intergovernmental Panel on Climate Change (IPCC) in Latin America was held, where representatives of several countries met with the objective of promoting climate action and mitigating the…
Fed stresses difficulty for companies to get workers
The US Federal Reserve (Fed) said in its most recent report, known as the Beige Book, that companies in the country continue to face difficulties hiring workers, especially in sectors such as healthcare, transportation and hospitality.
The…
Investment in Latin America exceeded $ 200 million in 2022
Foreign direct investment (FDI) in Latin America and the Caribbean reached the figure of 224,579 million dollars in 2022, which represents a growth of 55.2 % compared to the previous year and the highest record in the historical series.
As…
Bank of England Governor advocates improving digital money
Bank of England Governor Andrew Bailey gave a speech on July 10, addressing various topics, from the central bank's efforts to control inflation and maintain confidence in financial institutions, to his views on cryptocurrencies. Bailey…