The executive president of the Development Bank of Latin America (CAF), Sergio Díaz-Granados, held a meeting with the president-elect of Paraguay, Santiago Peña, in which he reaffirmed the commitment of the institution he presides over to the country's sustainable development.
After said meeting,…
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economy
El Niño phenomenon leaves negative effects for the world economy
The economic consequences of the weather phenomenon known as El Niño can persist for several years and cost trillions in lost income around the world,
As researchers from Dartmouth College emphasize in the journal Science, in the years in…
The IMF supports Brazil’s tax reform
The International Monetary Fund (IMF) stated that it "firmly" supports the commitment of the Lula da Silva government to improve Brazil's fiscal position, while encouraging the country to continue promoting its "ambitious" agenda to achieve…
Binance will quit the Canadian market in September
Binance announced its exit from the Canadian market due to new guidelines imposed by the country's regulators that continue to impact the cryptocurrency sector. Calling its withdrawal “proactive,” the cryptocurrency exchange joins other…
Coinbase establishes an advisory council to face the cryptocurrency scenario
Coinbase revealed the formation of an advisory council made up of former US lawmakers and prominent industry leaders, following a visit by some members of its management team to the United Arab Emirates.
In a recent blog post, Coinbase…
Chilean government rules out an economic recession for 2023
The Government of Chile, through the Ministry of Finance, improved its forecasts in relation to the growth of the country's Gross Domestic Product (GDP) in 2023, which, according to its estimates, will expand by 0.3 % at the end of the year…
Mexico received almost 6.7 million tourists in March
Almost 6.7 million tourists visited Mexico in March of this year, which is 17.8% more than in the same month of the previous year, when slightly less than 5.7 million people traveled to the country, according to the National Institute of…
The Bank of England highlights the importance of digital currencies
Bank of England director of fintech Tom Hutton recently spoke about the UK's plans to implement a central bank digital currency (CBDC) during the Cryptocurrency and Digital Assets Summit hosted by the FinancialTimes in London.
According to…
Inflation in Chile is almost in double digits
The Consumer Price Index (CPI) of Chile stood at 9.9 % year-on-year in the month of April, managing to once again cross the double-digit barrier on which it had settled in the last twelve months.
Specifically, according to data released…
Argentina seeks to boost tourism with a new exchange rate for electronic payments
The Central Bank of the Argentine Republic (BCRA) issued a press release on May 4, 2023, in which it announced a new exchange rate for tourists making electronic payments in foreign currency as of May 5.
Currently, in Argentina, there is…
US Justice investigates Binance for possible sanctions violation related to russian invasion
The world's largest cryptocurrency exchange by trading volume, Binance, is under investigation by a major federal body of the US government.
The Department of Justice has opened an investigation to determine whether Binance allowed Russian…
Gemini officially launched its exchange outside of the US
Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has officially launched a new platform for clients outside the US. The platform, known as Gemini Foundation, is now available in over 29 countries including…