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 compared to the 0.7 % drop expected in the last Public…
Read More...
Browsing Tag
economy
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…
Revolut officially arrives in Brazil
The British neobank and financial technology company, Revolut, announced its entry into the Latin American market with the launch of its services in Brazil.
The firm already offers services to clients in Europe and the United States and…
Argentine government will meet with CAF and IMF
The Minister of Economy of Argentina, Sergio Massa, and several members of the department he heads will hold meetings this Thursday with the CAF and the IMF in Uruguay and Washington, respectively, to improve the situation of the lack of…
China will pay its public employees with digital yuan
The city of Changshu, in China's east China's Jiangsu province, is giving new impetus to the adoption of the digital yuan, China's central bank digital currency (CBDC), by starting to pay public sector employees their salaries in digital…
Biden and Petro met at the White House
The Colombian president, Gustavo Petro, proposed to his US counterpart, Joe Biden, to take to the International Monetary Fund (IMF) the proposal that the states exchange public debt for climate actions, in an effort to tackle the…
S&P upgrades Guatemala’s rating to ‘BB’ with stable outlook
S&P has upgraded Guatemala's credit rating to 'BB' from 'BB-' with a stable outlook, saying the Central American country has a "resilient" economy and macroeconomic management will be "cautious" over the next year and a half.
According…