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economy

China bans offering cryptocurrency services

China announced a ban on financial institutions and payment companies to provide any type of service related to cryptocurrencies. From now on, banks and online payment channels will not be able to offer their customers any services that relate to cryptocurrencies such as registration, trading,…
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Inflation of Argentina increased 4.1 % in April

Inflation in Argentina during the month of April advanced by 4.1 % compared to the previous month, which represents a deceleration of 0.7 points compared to the March data, as published this Thursday by the National Institute of Statistics…
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Support for Bolsonaro’s government falls

24% of Brazilians approve of the Government of the President of Brazil, Jair Bolsonaro, a percentage that constitutes the lowest approval index obtained by the president since he assumed the Presidency, according to a Datafolha survey. The…
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Dogecoin continues to break growth records

The cryptocurrency dogecoin continues to break records within the digital asset market, this time breaking the 50-cent barrier. This week, the asset increased its value by 35 %, in a period of 24 hours, which made it add a growth so far in…

IMF allocation to Honduras will increase

The International Monetary Fund (IMF) and Honduras reached an agreement at a technical level on the fourth review of the Economic Program under the Credit Facility Agreement (Stand-By), by which it will be proposed to increase the level of…
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Brazilian real loses value against the dollar

The exchange rate between the Brazilian real and the US dollar stood at 5.35 reais for every dollar this Thursday, which represents a decline of 1.68% compared to the previous day's price, after the Central Bank of Brazil decided at the…

Central Bank of Colombia maintains interest rates

The board of directors of the Banco de la República de Colombia decided by a majority of six votes to one to maintain interest rates at 1.75 %, as reported in a statement by the entity after its monetary policy meeting. Among other…
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German economy contracts 1.7 % in 2021

Germany's gross domestic product (GDP) declined 1.7 % year-on-year in the first quarter of 2021, the Federal Statistical Office (Destatis) announced today. The figure stops the growth trend registered in the last two quarters, taking into…