Browsing Tag

economy

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 Statistical Office (ONS). In this way, the second largest economy in…

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…

CAF will allocate millionaire investment for the growth of Latin America

The Development Bank of Latin America (CAF) will allocate 25,000 million dollars to promote green growth in the next five years in the region. The institution presented this commitment this Tuesday at COP26 in Glasgow to finance projects…

Business

Fedecámaras estimates a GDP growth of 2 % at the end of 2021

Carlos Fernández, president of Fedecámaras, estimates that the private sector will register a growth between 1 % and 2 % compared to 2020, despite the absence of a public policy and strategies by the State directed towards the private…

Cryptocurrencies

New York students could be taught about cryptocurrencies

Eric Adams, newly elected mayor of New York (United States) is considering the possibility of including teachings about the world of cryptocurrencies in education. Adams described these types of assets as the "new way to pay for goods and…

Business

Electronic Arts says NFT will be part of company’s future

The video game studio Electronic Arts (EA) assessed the impact of the cryptographic format of the NFT in the video game sector and, although it acknowledges that its status is still "very early", it estimates that "an important part" of the…

Cryptocurrencies

Binance will invest $ 115 million in France

The cryptocurrency exchange Binance announced that it is preparing an investment of 115 million dollars to be able to develop this ecosystem within the region. This was announced by the company's CEO, Changpeng Zhao, during a talk with…

Featured

Connecticut rules cryptocurrencies are not securities

A jury in Connecticut, in the United States, recently ruled that digital assets that are linked to cryptocurrencies cannot be considered as securities. The decision is considered in this world as the first verdict of its kind. Given this…

Featured

Taliban ban the use of foreign currencies in Afghanistan

The Taliban government announced a total ban on the use of foreign currency in Afghanistan based on the economic situation it is going through and the "interests" of the country. "The economic situation and the national interests of the…

Cryptocurrencies

US banks seek cryptocurrency experts

A wide group of banks and financial institutions in the United States are in search of experts in the area of cryptocurrencies. A report by Bloomberg highlights that in a period of three years, the different institutions have offered…

Featured

IDB grants loan to Peru for its tax reform

The Inter-American Development Bank (IDB) granted a loan of 500 million dollars to Peru to strengthen the sustainability of fiscal management and support the recovery of the Andean country. The loan, which has a repayment term of 20 years…

The pandemic destroyed 125 million jobs

The impact of the pandemic on the labor market will be more severe than initially estimated, according to the International Labor Organization (ILO). It estimates 4.3 % of the hours worked lost worldwide in 2021 compared to the levels in…

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