This Tuesday, March 28, the Caracas Stock Exchange held its Ordinary Shareholders' Meeting, in which the members of the institution's Board of Directors were elected for the period 2023-2025.
The Principal Directors Gustavo Pulido Medina, Marco Gasperini and Andrés Octavio were re-elected in their…
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economy
Judge temporarily suspends sale of Voyager Digital to Binance.US
A federal judge temporarily suspended the sale of Voyager Digital to Binance.US for $1 billion.
The US Department of Justice requested an emergency stay, which was granted by Judge Jennifer Rearden of the US District Court in New York on…
Investors rotate their funds amid the banking crisis
The banking crisis caused a reorganization of the investments of the investors in the last two weeks. According to EPFR data obtained by the Financial Times, more than $286 billion has been invested in US money market funds in March.
The…
Argentine GDP had a growth in 2022 of 5.2 %
The Gross Domestic Product (GDP) of Argentina grew by 5.2 % year-on-year in 2022, driven by a positive performance in almost all sectors of activity, with the exception of agriculture, livestock, hunting and forestry, which fell by 4, 1 %.…
US Federal Reserve admits surprise at Silicon Valley Bank collapse
The US Federal Reserve admitted its surprise at the sudden collapse of Silicon Valley Bank, which was under its watch.
Fed Chairman Jerome Powell told a news conference after the Federal Open Market Committee meeting that he immediately…
UBS launches offer to repurchase Credit Suisse bonds
The Swiss bank UBS announced an offer to repurchase the debt securities with maturity of 2028 and 2032 issued last Friday, just a couple of days before the agreement for the acquisition of Credit Suisse, whose aggregate amount amounts to…
Elon Musk asks to lower interest rates by 50 basis points
The magnate and co-founder of Tesla, as well as owner of the social network Twitter, Elon Musk, believes that the United States Federal Reserve should undertake a drop of half a percentage point in the reference interest rate at its meeting…
The US will extend protection to banks in the face of the financial situation
The United States Secretary of the Treasury, Janet Yellen, is considering expanding the protection of depositors from other small entities under conditions similar to those of the intervention of Silicon Valley Bank (SVB) and Signature…
Entrepreneur bets $1 million that Bitcoin will rise sharply
American businessman and investor Balaji Srinivasan has bet that the American economy is on the verge of collapse and that Bitcoin will see a meteoric price rise in the next three months due to hyperinflation in the United States.…
Fed will try to keep the dollar liquid
The US Federal Reserve (Fed) announced a coordinated plan with five other central banks to keep the US dollar liquid during a series of bank failures in the US and Europe.
The plan will use currency swap lines between central banks to…
The ECB raises interest rates to control inflation
The European Central Bank (ECB) announced a half percentage point increase in the interest rate, raising it from 2.5 % to 3.0 % on average for deposit returns.
In a press release, the ECB explained that the increase will be reflected in…
Uruguay will host a forum on renewable energy this year
The general director of the International Renewable Energy Agency (IRENA), Francesco La Camera, reported that the first Latin American Investment Forum in renewable energy will take place in Uruguay on November 9 and 10 of this year.
The…