The Government of El Salvador received a visit from the Executive Board of the International Monetary Fund (IMF) to evaluate the economy of the region. The meeting is held as part of the traditional visit that the IMF maintains with member countries in accordance with Article IV of its constitutive…
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economy
Binance temporarily suspends dollar transfers
Binance, the world's largest cryptocurrency exchange, announced a temporary suspension of US dollar (USD) bank transfers effective February 8.
The news came without any explanation, although the company added that they are working to…
London ranks as the city best prepared for crypto adoption
The capital of England, London, is emerging among the cities best prepared for strengthening and launching cryptographic companies, according to recently analyzed data.
The aspects analyzed to reach this conclusion include “eight key…
Venezuela and Colombia sign investment agreement
This Friday the President of the Republic, Nicolás Maduro, signed an agreement for the promotion and reciprocal protection of investments with the Republic of Colombia, in order to strengthen economic development between both nations.
The…
El Salvador created the Bitcoin Association
El Salvador recently approved the creation, although its launch is still awaited, of Asobitcoin, the association that will aim to guide companies in the Central American country in everything related to cryptocurrency and its adoption.…
Sending remittances to Colombia reached USD 9,429 million in 2022
The Bank of the Republic issued its annual report on remittances to Colombia, where it indicates that in 2022 the sum reached USD 9,429 million.
According to the financial entity, Spain and the United States were the countries from which…
US economy closed 2022 with growth
The United States economy closed the year 2022 with a growth of 2.1 %, sustained mainly by the consumption of the population, despite the lower purchasing power in a context of inflation. However, now the question is whether or not the…
Brazil calls for an agreement between Mercosur and the EU
The president of Brazil, Lula da Silva, stated that it is "urgent" and "necessary" for Mercosur to reach a trade agreement with the European Union (EU) as soon as possible, in order to address other issues that the trade bloc has, such as…
Japan faces the worst fiscal crisis
Japan is going through the worst fiscal crisis since World War II, with a public debt that exceeds GDP by 260 %.
This is clear from the statements issued this Monday by the Japanese Finance Minister, Shunichi Suzuki, who also referred to…
Brazil and Argentina will have a common currency
The governments of Brazil and Argentina will announce next week preparations to launch a common currency project that could turn the two countries, the two largest South American economies, into the world's second-largest currency bloc.…
Genesis files for bankruptcy
Cryptocurrency lender Genesis recently filed for Chapter 11 bankruptcy protection in the Southern District of New York, United States.
This is not a surprise, the company had previously stated that it was considering filing for bankruptcy…
Mexico’s economy will maintain signs of growth
In the opinion of Rogelio Ramírez de la O, head of the Ministry of Finance and Public Credit of Mexico, the country will continue to show signs of recovery beyond what was forecast by analysts until the end of 2022.
The CEO of the Ministry…