Browsing Tag

economy

President of Argentina asks for more time to pay the debt

The president of Argentina, Alberto Fernández, asked the International Monetary Fund (IMF) for an extension of the term to pay the debt after agreeing with the vice president, Cristina Fernández, that currently the debt is "unpayable ". Fernández indicated that the fund should recognize the…
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Egypt and the US to unblock the Suez Canal

Egypt accepted the help offered by the United States to unblock the Suez Canal, which has become impassable due to the grounding of a ship belonging to the Evergreen Line freight transport company. "In relation to current efforts to move…
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Germany creates bridge between blockchain and euro

The financial authorities of Germany have been working on the development of a technology capable of allowing investors the acquisition and sale, within the blockchain system, in exchange for money from the Central Bank. This new tool thus…
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Turkish lira collapse fuels bitcoin purchase

Due to the fall of the Turkish currency, searches for bitcoin and cryptocurrencies in general in this country have reached all-time highs. In recent days, a series of economic measures have been generated in the nation, such as the…
Cryptocurrencies

Bitcoin price could reach $ 300,000

Bobby Lee, CEO of Crypto Wallet Ballet said the price of bitcoin could end up reaching $ 300,000 after the bubble bursts at its peak. "Bitcoin bull market cycles happen every four years and this is a big one. I think it could really go up…
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Peru’s economy contracted again

Peru's national production registered a 0.98 % contraction during the month of January, after the positive variation of 0.51 % recorded in December 2020, according to data published by the National Institute of Statistics and Informatics…

Russia to reduce the use of US dollar in trade

The president of the Lower House of the Russian Parliament, Viacheslav Viktorivich Volodin assured that the country has been gradually reducing its dependence on the dollar. This is how transactions in national currencies within the space…

US CPI stood at 1.7% during February

The consumer price index (CPI) of the United States stood at 1.7 % last February, three tenths above the year-on-year inflation rate registered the previous month. It represents the highest price increase in the country since February 2020,…