The secretary of the United States Department of the Treasury, Janet Yellen, is confident that the inflation rate will be "much lower" by the end of next year, while she has not ruled out the risk of a double-dip recession in the world's leading economy.
"There is a risk of a recession," she said…
Read More...
Browsing Tag
economy
PayPal will bring cryptocurrency service to Europe
The PayPal digital payment platform announced that it will extend the use of its cryptocurrency services to European territory, specifically within Luxembourg.
This movement is considered by experts as a key point for the entry of this…
Fedecámaras predicts closure of the private sector with 8 % growth
The president of Fedecámaras, Carlos Fernández, indicated that the estimates for the closure of the private sector this year reflect a growth of 8 % compared to 2021.
"We believe that we are going to close the year with a recovery of the…
CBV injected another $30 million into the national banking sector
The Central Bank of Venezuela carried out a new intervention in the banking sector on December 2, after injecting another $30 million.
With this new amount, placed in the national bank, they total about $95 million, after two previous…
Sundde launches list of regulated products
The National Superintendency for the Defense of Socioeconomic Rights (Sundde) published, on Thursday, December 1st, a new "list of maximum consumer prices in prioritized items" in dollars.
In a message posted on his Twitter account, he…
China will take action in the face of the US veto
The Chinese authorities affirmed that the Government "will take measures" to protect its business sector and its "legitimate interests" after Washington announced last week a ban on imports and sales of telecommunications equipment from the…
Government of Argentina sets maximum limit for monthly fuel price increases
The Ministry of Economy of Argentina, together with the Secretariat of Energy, has reached an agreement with businessmen from the energy companies sector to set a monthly top for fuel increases for a period of four months.
Specifically,…
Black Friday broke records in the US
US consumer spending on "Black Friday" reached a record $9.12 billion, representing an annual increase of 2.3 %, according to Adobe Analytics estimates.
Specifically, sales of electronic products were the main driver of growth, with an…
Latin America could face poverty crisis
The Economic Commission for Latin America and the Caribbean (ECLAC) warned that the Latin American region is facing a "serious social crisis" and that poverty levels by 2022 will be 32.1 % of the population. total, a figure higher than that…
OECD forecasts economic slowdown in Colombia next year
The OECD published on Tuesday its economic growth prospects for the end of 2022 and for 2023 in Latin America. In the case of Colombia, it foresees an economic growth of 8.1 %; however, it notes that it will experience a slowdown next year.…
Binance wants to buy Voyager
Binance CEO Changpeng Zhao announced that its US subsidiary is about to make an offer to acquire the company Voyager, which is currently bankrupt.
“Binance.US will make another offer for Voyager now, as FTX can no longer follow through on…
Ecuador will not forgive debts of up to $10,000
The Government of Ecuador rejected the forgiveness of debts of up to 10,000 US dollars after the Ministry of Government indicated that it is not feasible to forgive debts of more than 3,000 dollars.
According to the State portfolio,…