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economy

The Wyre platform implemented an asset withdrawal limit for its users, just days after a rumor about a possible closure surfaced. As indicated by those in charge of the cryptocurrency platform, this limit arises to protect the interests of the community. Now users can withdraw up to 90% of their…
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Unemployment in the US fell in December

The unemployment rate in the United States (USA) fell two tenths last December, to 3.5%, and in the last month of 2022 223,000 jobs were created, according to figures published this Friday by the Bureau of Labor Statistics from the US…

Inflation in Venezuela stands at 305.7%

The National Consumer Price Index (INPC) of Venezuela increased by 37.2% in December in monthly terms and year-on-year inflation is now at 305.7%, according to the Venezuelan Finance Observatory (OVF), an independent organization of…

Ecuador and China finalize trade agreement

Ecuador and China successfully concluded the dialogue to achieve a trade agreement between the two countries, after four rounds of negotiations and dozens of technical meetings in the last ten months. The president of Ecuador, Guillermo…

Minimum wage in France increased

The Government of France announced this week the increase in the minimum wage in the region, which will now be 1,353 euros per month. This increase represents 1.8%, about 24 euros, more than the minimum income that an employee received in…

IMF sees difficulties for 2023

Most of the world economy will face a "more difficult" year in 2023 than it was in 2022 due to the simultaneous slowdown in the United States, the European Union (EU) and China, the world's three largest economies, according to the…

England will honor J.R.R. Tolkien

The British Mint announced that starting next year, a coin honoring the writer J.R.R. Tolkien, creator of The Lord of the Rings, will be available. On the occasion of celebrating the life and work of the Englishman, the organization…

Mexico is emerging as the best Hispanic economy

Spain will close 2022 as the sixteenth largest economy in the world, two steps below the position it occupied last year in the World Economic League, placing one position behind Mexico, which becomes the largest Spanish-speaking country in…