The Inter-American Development Bank (IDB) expects to close the year 2021 with almost $ 20 billion in financing for Latin America and the Caribbean.
The figure is the second highest in the history of the IDB and IDB Invest, and its main mission has been to help countries allocate these funds to…
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economy
Chile stock market falls after Boric’s victory
The Santiago de Chile Stock Exchange suffered a 4.96% drop this Monday, just after an election day in which the candidate of the Chilean left, Gabriel Boric, prevailed in the presidential elections against the far-right Antonio Kast.…
Argentine Chamber of Fintech presented proposal for crypto regulation
The Argentine Chamber of Fintech recently presented a proposal for the regulation of crypto in the country, in view of its need for the number of Argentines who manage accounts in exchanges.
In this proposal, the need for local financial…
Venezuela increased its oil production to 625 thousand barrels a day
The Organization of Petroleum Exporting Countries (OPEC) published in its November report that Venezuela increased its oil production for the fourth consecutive month, achieving an average of 625,000 barrels per day, which represents an…
Venezuela needs big changes to recover its economy
Venezuela must recognize the "serious ideological and political errors" in which both government officials and opponents have made, in addition to making major changes to regain its place as a prosperous economy in the world. This was…
Dubai becomes the world’s first paperless government
The digital transformation initiated by the Government of Dubai in 2018 has culminated and with this the country becomes the first in the world to be 100% paper-free. The information was released on December 11 by the crown prince of this…
US inflation rises to 6.8 % in November
The year-on-year increase in the consumer price index (CPI) in the United States stood at 6.8 % in November, which represents an inflation marked by the acceleration of six tenths compared to October and the highest rate registered in the…
Crypto platforms top executives to testify before the US Congress
The CEOs of the main cryptocurrency trading platforms have been called to testify on December 8 before the Financial Services Committee of the United States House of Representatives.
The Committee specified that the appearance of the main…
South Korea to build first floating metropolis
South Korea will build the first floating metropolis in the coastal and port area of Busan. The project, which has the approval of the United Nations through the Habitat program, would be completed in 2025, if the pilot plan that begins…
US will demystify cryptocurrencies
The United States Joint Economic Committee announced that it will hold a hearing where it is intended to discuss the role that the government will have on cryptocurrencies.
This group, which includes Republicans and Democrats from the…
UK GDP stopped growing in the third quarter of the year
The UK's Gross Domestic Product (GDP) grew between July and September at a rate of 1.3 % compared to the previous three months, when the British economy had grown by 5.5 %, according to the first published estimate by the National…
IDB assures that the fintech help fight against informality
The president of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, affirmed that fintech is "the most efficient and effective mechanism" to fight informality in Latin America and the Caribbean.
In a region where less than…