Browsing Tag

economy

The Russian Government estimates that its economy will register a contraction of less than 3% during 2022, while the fall for next year will be less than 1%, according to the latest perspectives released by the country's deputy prime minister, Andrey Belousov this Monday in the Executive commission…
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ECLAC improved growth forecasts for Latin America

ECLAC indicated this Tuesday that the growth projection for Latin America and the Caribbean went from 1.8 to 2.7 %, which shows a slight increase. The agency gave details of GDP expansion on Tuesday when announcing forecasts for economic…

Oil price goes back above 100 dollars

The price of a barrel of Brent crude, a benchmark for Europe, again exceeded the threshold of 100 dollars on Wednesday, after Saudi Arabia speculated on the possibility of an adjustment in the production of the Organization of Petroleum…

SENIAT adjusts the Tax Unit again

The National Integrated Customs and Tax Administration Service (SENIAT in Spanish), announced an increase in the Tax Unit (UT) that went from costing 0.02 bolívares to 0.40 bolívares through Administrative Providence. This was determined…

General Bytes suffers major hack

Bitcoin ATM manufacturer General Bytes recently suffered a major hack on its servers. This illegal action allowed the hackers to modify the settings to take the funds to other wallet addresses. Until now, it is unknown how much the stolen…

The euro loses parity with the dollar again

The price of the euro against the dollar briefly fell below parity this Monday in view of the prospects that point to a growing risk of recession in the euro zone and the expectation that at the end of this week they will meet in Jackson…

Ripple launches liquidity service in Brazil

Digital payment processor Ripple recently launched an on-demand cryptocurrency and liquidity (ODL) service in Brazil. This service comes thanks to the intervention of the company Travlex Bank, which now becomes the first bank in all of…

ECB prepares guidelines for digital assets

The European Central Bank (ECB) is working on the criteria that it will apply when harmonizing the necessary requirements to authorize cryptocurrencies in the region. Through a statement issued this week, the banking supervision division…