Jack Dorsey, CEO and one of the founders of the social network Twitter, assured that hyperinflation is an economic phenomenon that will soon spread to much of the world.
“Hyperinflation is going to change everything. It is happening”, assured the CEO through his official account, adding that this“…
Read More...
Browsing Tag
economy
Maduro makes changes in the ministerial cabinet
President Nicolás Maduro made changes in some ministries this week, the main novelty being the appointment of the former rector of the National Electoral Council (CNE), Tibisay Lucena, as the new minister of university education.
"I…
UK will not stop investments from China
UK Prime Minister Boris Johnson ruled out sidelining Chinese investments despite differences between London and Beijing regarding human rights and the situation in Hong Kong.
Ahead of the London Global Investment Summit, Johnson stressed…
China will continue in the Latin American export market
China will continue to be Latin America's main trading partner after the pandemic, according to a Coface report, which indicates that Latin American exports to the Asian giant are strongly concentrated in agri-food products in Argentina and…
Venezuela will boost its economy in November and December
President Nicolás Maduro announced that from November 1st, until December 31, 2021, the country will enter a process of easing the quarantine.
The Venezuelan president thus announced the temporary suspension of the 7 + 7 system, a scheme…
IDB will hold its 2022 annual meeting in Uruguay
The Board of Executive Directors of the Inter-American Development Bank (IDB) will hold the Annual Meeting of the Boards of Governors of the IDB and IDB Invest in Punta del Este (Uruguay) from March 17 to 20, 2022, as reported in a…
Barrel Brent passes the $ 85 mark
The price of Brent oil, the benchmark for Europe, surpassed the threshold of $ 85 per barrel on Friday for the first time since 2018, fueling pressures on energy prices and inflation.
However, after the opening of the markets of the Old…
Google announces resources to boost cybersecurity insights
Google announced new resources for small and medium-sized companies (SMEs) in Spain so that they can promote cybersecurity knowledge, which it will develop in collaboration with the National Cybersecurity Institute (Incibe) and through…
Russia does not plan to follow China’s cryptocurrency line
Despite the fact that Russia prohibits payment with cryptocurrencies due to a law that took effect at the beginning of the year, the nation does not plan to restrict trading among its citizens.
The Deputy Minister of Finance of the Russian…
North Korea faces a “bad economic situation”
North Korean leader Kim Jong Un acknowledged that the country is experiencing a bad economic situation, urging senior officials to focus on improving the "quality of life" of the population.
In the framework of the celebration of the 76th…
Debt of Latin America and the Caribbean stands at 75.4 % of the region’s GDP
The World Bank's chief economist for Latin America and the Caribbean, William Maloney, highlighted that the average public debt in the region has increased by 15 points, to account for 75.4 % of the regional Gross Domestic Product (GDP).…
Bank of Spain analyzed the case of El Salvador and bitcoin
The Bank of Spain prepared an analysis on the adoption of bitcoin as legal tender in El Salvador, highlighting the low financial inclusion of the population as one of the challenges the country faces in this project.
Specifically, the…