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economy

The United States Department of the Treasury announced for the first time sanctions against a cryptocurrency mixing company, accused in this case of serving to hide funds linked to the North Korean regime. The firm in question, Blender, would have served to divert 20.5 million dollars from the…
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Chile reaches double-digit inflation

The Chilean Consumer Price Index climbed again in April to stand at an interannual rate of 10.5%, according to data released by the National Institute of Statistics (INE). The new increase in the price of products and services was caused…

Russia seeks ways to avoid EU sanctions

Russian authorities reported that the government is creating "mechanisms" to circumvent the sanctions imposed by the European Union as a result of the Russian invasion of Ukraine. The head of the Department of Economic Cooperation of the…

Goldman Sachs granted a loan to Coinbase

Cryptocurrency exchange Coinbase recently revealed that it secured special bitcoin-backed funding from Goldman Sachs. The objective of this transaction was generated to strengthen the ties between the world of digital assets and…

US registers record 11 million job openings

The number of unfilled jobs in the United States increased last March to an all-time high of 11.5 million vacancies, up from 11.34 million the previous month and more than three million above 8, 4 million as of March 2021, according to…

GDP decreases and inflation increases in Germany

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…

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…

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…