The German Economy and Climate Minister, Robert Habeck, admitted that the war between Russia and Ukraine is impacting the German economy and pointed out that the new growth projections for the end of 2022 highlight that the GDP will grow only 2.2 % in compared to the 3.6% estimated in January. While…
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IMF and Colombia agree on a new credit
The Executive Board of the International Monetary Fund (IMF) approved a new two-year agreement in favor of Colombia within the framework of the Flexible Credit Line (LCF) for an approximate amount of 9,800 million dollars, as reported in a…
The NFT will move about 800,000 million dollars
A report prepared by Coingecko determined that the NFT market has a projection for the next two years of 800,000 million dollars in transactions.
"The metaverse sector is forecast to move close to $ 800 billion over the next two years,…
Payment methods are a must for digitization
Enterprise resource planning (ERP) software systems "are no longer a tool reserved for large companies, but have become the key to digital transformation in small and medium-sized companies" thanks to pay-per-view models, according to a new…
Brazil approves regulation for cryptocurrencies
The Brazilian Senate approved this week the implementation of a "Bitcoin Law of Brazil", which will determine the creation of regulations for the trading of digital assets.
"I want to congratulate the rapporteur of the project, Senator…
Fintech industry increases its presence in Latin America
The number of fintech platforms in Latin America and the Caribbean doubled in the last three years to reach 2,482 in 2021, which represents almost a quarter of these companies worldwide, with 22.6 %, according to the latest study published…
Damages from attacks on Ukraine valued at $60 billion
The World Bank affirmed that the costs of material damage suffered by Ukraine since the beginning of the war amount to nearly 60 billion dollars, and warned that the figure does not include the "increasing costs" of the conflict with Russia…
IMF estimates 2.5 % growth for Latin America in 2022
The International Monetary Fund (IMF) published its new estimates on economic growth and slightly modified its forecasts for the Latin American and Caribbean region by 2.5 % for this 20220 in the framework of an environment marked by…
G7 will give 24 billion dollars to Ukraine
The ministers of the countries belonging to the G7 pledged to deliver more than 24 billion dollars in assistance to Ukraine for 2022 and 2023.
The group has been concerned about the "continued and brutal aggression of Russia against…
IMF asks central banks to deal with inflation
The managing director of the International Monetary Fund (IMF) asked the central banks to adopt "decisive actions" for the benefit of the economies of their countries in the current inflationary context, aggravated by the war situation in…
China’s GDP showed a growth of 4.8 %
The Gross Domestic Product (GDP) of China registered a growth of 4.8 % in the first quarter of 2022 compared to the same period of the previous year. It represents an acceleration of eight tenths compared to the year-on-year expansion…
Inflation in Spain reaches its highest level in 37 years
The Consumer Price Index (CPI) rose 3 % in March compared to the previous month and suddenly raised its year-on-year rate by more than two points, to 9.8 %, its highest value in 37 years, specifically since May 1985, according to the…