The huge loss of purchasing power and high price inflation in Germany for energy are leading the economy into recession and the worst crisis of the last 50 years,
While Marc Schattenberg, of Deutsche Bank Research, predicted a drop in Gross Domestic Product (GDP) of up to 3.5 % next year, other…
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Bank of England raises interest rates
The Bank of England (BoE) raised the country's interest rates to 2.25 %, which is equivalent to an increase of 50 basis points, according to the entity's Monetary Policy Committee.
The British central bank's decision comes just one day…
Venezuela and Iran signed agreements in the scientific and technological area
The Iran-Venezuela Scientific, Technological and Industrial ExpoFair, which ended on Monday, September 19, was the setting for the signing of various agreements between the governments of both countries.
According to information through…
The Bundesbank forecasts a recession and double-digit inflation in Germany
The German economy is headed for a prolonged economic recession until next year and inflation will remain at double-digit levels, the Bundesbank forecast in its monthly report released today.
"There are growing signs of a recession in the…
IMF and Argentina reach an agreement on second review of debt
The International Monetary Fund (IMF) and the Argentine authorities have reached an agreement at staff level on the second review under the Fund's Extended Service Agreement, so that once the review is complete, Argentina will have access…
World Bank will help combat climate change
The World Bank announced that it will provide support to Latin America to be able to face the situation with climate change, through adaptation strategies.
The Latin American and Caribbean region generates 8 % of the world's greenhouse gas…
Cardano network exceeds 50 million transactions
The cardano network recently surpassed 50 million transactions processed, which is an important record for the blockchain project.
This idea, headed by Charles Hoskinson, until a few days ago had accounted for some 50,032,742 transactions,…
Maduro wants to export gas to Europe
Venezuelan President Nicolás Maduro reiterated his desire that Venezuela be able to export oil and gas to the markets of Europe and the United States in order to contribute to global energy and economic stability.
"We have said it, we have…
Oil market is in a “state of schizophrenia”
The Organization of Petroleum Exporting Countries (OPEC) warned that the crude oil market is operating under a "state of schizophrenia", so it is not sending the right signals to be balanced, according to its monthly report on the market.…
Mexico and the United States analyzed economic and commercial strategies
In a meeting held in Mexico this Monday, the representatives of the United States and Mexico addressed key issues for both countries and that are included in the economic and commercial strategies scheduled for 2021.
Representatives of Joe…
US inflation slowed in August
Inflation in the United States stood at 8.3 % last August, which represents a decrease of two tenths compared to July, thus chaining two months of moderation, according to the data released this Tuesday by the Bureau of Labor Statistics of…
Norway bets on the use of ethereum
The Norwegian Central Bank recently published an open source code for the ethereum network sandbox, and the implementation of a local digital currency.
The sandbox available on GitHub will enable features such as minting, burning, and…