US Treasury Secretary Janet Yellen highlighted the improvement in the economic outlook, underscoring the resilience shown by the US economy.
"The challenges we face are real and the future is always uncertain. But the outlook has improved since we met in the fall," Yellen told a press conference…
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China will represent 25% of the Latin American market
25% of the commercial exchanges carried out by Latin America in the year 2035 will be with China, which translates into figures of a total of 700,000 million dollars, double what the Asian giant represented for the region in the year 2020 .…
Inflation continues to rise in Venezuela
As a result of the constant increase in the prices of goods and services, Venezuela could reach an inflation rate of 300 %.
Economists point out that the injection of millions of dollars into the banking sector by the Central Bank of…
Brazil’s economy grew 2.9% in 2022
The Brazilian Economic Activity Index (IBC) grew by 2.9 % in 2022, which is interpreted as the advance data of the Gross Domestic Product (GDP) of Brazil, which will be released in early March by the Brazilian Institute of Geography and…
El Salvador will create a Bitcoin Embassy in the US
The government of El Salvador announced that it is going to create a Bitcoin Embassy in the United States. The objective of this embassy is to encourage the use and adoption of cryptocurrencies, and help the Salvadoran economy through…
The United Arab Emirates to issue its CBDC
A recent announcement on digital finance in the United Arab Emirates reported notable progress in launching a CBDC, as a further step towards digital payments.
The Board of Directors of the Central Bank of the UAE indicated this Sunday in…
Robert Kiyosaki claims that Bitcoin will reach $500,000 in 2025
Famed writer and motivational speaker Robert Kiyosaki once again expressed his optimism for Bitcoin by predicting that the leading cryptocurrency will reach $500,000 by the year 2025.
In a recent interview, Kiyosaki pointed out that the…
Argentina will impose strict rules for cryptocurrency companies
The Argentine National Securities Commission announced that it will implement stricter rules for cryptocurrency companies in the country. The measure seeks to guarantee the protection of investors and prevent illegal practices in the…
German banks in favor of the digital euro for payments within Europe
A digital euro could give a decisive boost to the fragmented European market for electronic payments, says a statement released today by the Association of German Banks (BdB).
"As a convenient and risk-free digital payment method, it could…
IMF and El Salvador assess the region’s economy
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…
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…