The cryptocurrency and other cryptographic assets (NFT) exchange platform Binance gave up its intention to acquire FTX, which is experiencing financial difficulties, after the analysis of its accounts and in the face of potential investigations by the US authorities, thus leaving its rival on the…
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economy
Inflation in Argentina accelerates favorable position towards the creation of the digital peso
Inflation in Argentina continues to rise. Analysts estimate that by the end of 2022 it could be above 90 %. The way out of this crisis could be in the creation of the digital peso and the elimination of the current currency.
This measure,…
Italy announces a package of 30,000 million euros to placate the rise in energy prices
As a measure to help families and businesses face the increase in the energy sector, the Prime Minister of Italy, Giorgia Meloni announced this Friday an aid of 31,000 million euros.
A third of this figure will be specifically allocated to…
Latin America faces “a lost decade”
Several economic experts for the countries of Latin America have warned that the region is facing "a lost decade" in terms of economic growth that will last until 2025, since the levels of GDP per capita of 2014 will not be recovered until…
Remittances to Mexico increased 15 % in January and September
In its report published this Tuesday, the Bank of Mexico presented a positive balance on the remittances that the country has received from January to September, concluding with an increase of 15 % that becomes a contribution to the local…
SEC to ask open-end funds to prepare for exits
The United States Securities and Exchange Commission (SEC) proposed a reform of the regulations that apply to open investment funds that would force them to have ten percent of their portfolio in very liquid assets to face possible capital…
WB issues alert on growth in Latin America
The chief economist for the Latin America and Caribbean region of the World Bank, William Maloney, expressed his concern about the low economic growth that is forecast for the coming months in the Latin American region, highlighting at the…
Puma announces net profit of 352.1 million euros until September
The German sportswear and footwear manufacturer Puma posted a net profit of 352.1 million euros in the first nine months of this year, which represents a profit 16.7 % higher than those registered during the same period of 2021, as reported…
Thailand will need more time for its CBDC
The Central Bank of Thailand (BOT) assured that it has no intention of rushing the launch of its own digital currency, CBDC, so it will take more time than expected to study this possibility and determine the benefits it would bring to the…
The United States managed to get out of the recession
The Gross Domestic Product (GDP) of the United States experienced an increase of 0.6% in the third quarter of 2022, according to the first estimate of the data published this Thursday by the US government's Bureau of Economic Analysis…
Biden policies benefit Hispanics
The director of the National Economic Council of the White House, Brian Deese, assured that the economic policies of the President of the United States, Joe Biden, have a particular focus on the Hispanic community.
“Not only do they record…
China’s GDP grew by 3.9 %
China's Gross Domestic Product (GDP) registered a growth of 3.9 % in the third quarter compared to the same period of the previous year, as well as in relation to the second quarter of the year, according to data published by the National…