In Venezuela, the increase in the prices of goods and services accelerated inflation, which according to the Central Bank was 6.2 % in June.
The regulatory body announced the figure on Friday night, noting that accumulated inflation stood at 108.4 % and year-on-year at 404.4 %.
Despite the fact…
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economy
The US created 209,000 jobs in June, the lowest number since 2020
The US economy generated 209,000 new non-agricultural jobs during the month of June, a figure lower than the 306,000 new jobs created in May and below market consensus expectations, although the unemployment rate fell by one tenth, up to…
SEGA separates its most important franchises from blockchain projects
Video game developer and distributor SEGA decided to retain its most popular franchises from projects based on blockchain technology and non-fungible tokens (NFTs) to avoid devaluing them.
SEGA's co-director of operations, Shuji Utsumi,…
Binance.US market share falls due to regulatory lawsuits in the US
United States-based cryptocurrency exchange Binance.US has experienced a significant decline in its market share, exceeding 20 %, due to a lawsuit filed by federal financial regulators.
According to a Reuters report on July 5, which is…
Reserve will no longer provide services in several Latin American countries
Reserve, the digital wallet, issued a statement announcing the indefinite suspension of deposits and withdrawals in national currencies for several Latin American countries, including Venezuela, Argentina, Colombia, Peru, Ecuador and…
Belarus seeks to ban cryptocurrency exchange
The Belarusian Ministry of Foreign Affairs is currently in the process of reviewing legislation to ban peer-to-peer (P2P) transactions of cryptocurrencies such as Bitcoin (BTC).
On July 2, the ministry issued an official statement on…
Argentina expects 1.5 million foreign tourists
The Minister of Tourism and Sports of Argentina, Matías Lammens, expressed his optimism regarding the winter season, anticipating the arrival of more than 5.5 million tourists, including 1.5 million international visitors. In…
Blockchain technology solves real-world problems in Africa
Blockchain technology is solving real-world challenges in Africa, such as hyperinflation and corruption, in contrast to many Western investors who see crypto as an opportunity to speculate on the next big trend.
Chris Maurice, founder and…
The EU agrees on the reform of banking regulation
The European Union reached an interim agreement on banking regulatory reform to increase the resilience of banks operating in the Union and strengthen their supervision and risk management by finalizing the implementation of globally agreed…
The IMF highlighted the advances in digital adoption in Latin America
The most recent report published on the International Monetary Fund (IMF) portal highlights the advances in digital adoption in Latin America and emphasizes the need to improve the regulation of cryptocurrencies.
The IMF recognizes the…
French expert assures that the Digital Euro is a necessity
François Villeroy de Galhau, Governor of the Banque de France, told commercial bankers that the digital euro presents benefits for all concerned. During the World Conference of Official Institutions organized by the French multinational…
Second quarter of the year brought recovery in sales, according to Fedecomercio
The president of the National Federation of Commerce (Fedecomercio), José Alejandro Lossada, forecasts a 20 % increase in sales during the second half of this year.
Lossada explained that during the first quarter there was a 15 % decrease…