China's Gross Domestic Product (GDP) registered a contraction of 2.6 % in the second quarter of the year compared to the previous three months, when it had grown by 1.4 %, as a result of the impact of the restrictions to contain the spread of Covid-19 and the crisis in the real estate sector, in…
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Inflation in Argentina grows 5.3%
The Consumer Price Index of Argentina experienced a monthly variation of 5.3 % during the month of June and accumulated, in the first six months of the year, a rate of 36.2% with respect to the same period of the previous year, according to…
Cryptocurrency scams on YouTube are on the rise
The use of cryptocurrencies as a method of virtual exchange continues to grow, with cybercriminals increasingly turning to avenues like YouTube to perpetrate phishing scams.
According to the latest records of the cybersecurity "software"…
CAF has 500 million dollars for Latin America
The Development Bank of Latin America (CAF) issued a five-year bond for an amount greater than 500 million dollars and a coupon of 2.375 %, as reported in a statement, with which it plans to promote the economic reactivation of Latin…
Binance resumes local currency deposits in Brazil
The Binance exchange recently announced that it will resume deposits of Brazilian reals, after having suspended the service on June 17.
The company will be able to do this again thanks to the participation of the Brazilian Pix payment…
Voyager Digital enters into Bankruptcy Law
Cryptocurrency trading and lending platform Voyager Digital voluntarily filed for Chapter 11 protection of the United States Bankruptcy Law in order to undertake the restructuring of the company and maximize value for all stakeholders.
The…
Argentina has a new Minister of Economy
The president of Argentina, Alberto Fernández, appointed Silvina Batakis as the new Minister of Economy after the resignation of Martín Guzmán due to pressure due to the economic situation in the country.
Batakis is 54 years old, is an…
El Salvador bought 80 additional units of bitcoin
The president of El Salvador, Nayib Bukele, announced the purchase of 80 units of bitcoin at a price of 19,000 dollars each, which brings the operation up to 1.52 million dollars.
The president reported the movement on his Twitter account,…
US seeks alternatives to tighten monetary policy
The president of the United States Federal Reserve (Fed), Jerome Powell, assured that there are ways for the agency to tighten monetary policy without plunging the country into a recession.
At an event organized in Portugal by the European…
Bank of China to support country’s economic recovery
The People's Bank of China (PBC) assured that it will continue to maintain a monetary stance that supports the recovery of the economy, after the impact of the Covid-19 pandemic and the successive restrictions imposed to contain infections,…
Labor productivity in Latin America must improve
The International Labor Organization (ILO) raised the need to formulate effective strategies to increase labor productivity in Latin America, given the evidence of a persistent regional lag that compromises the possibilities of a future of…
Latin America could enter a new positive wave of raw material
Latin America could re-enter a new commodity supercycle like the one that occurred in the 2004-2014 period, due to the restriction of the supply of many commodities due to environmental considerations.
This was indicated by the latest…