Browsing Tag

economy

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.…

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…

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…

Deterioration of the world economy will bottom out

The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, expressed confidence that the deterioration in global economic activity will bottom out this year and that growth will accelerate again in 2024. "Our…

Thailand will have virtual banks

The Bank of Thailand revealed that it plans to allow virtual bank operations by 2025, supported by companies that make a living in the world of finance. The publication of the "Consultation document on the framework for granting licenses…