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economy

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 access of the country to the Fund resources up to 769…
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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…
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Biden claims to be offering “real results”

The president of the United States, Joe Biden, addressed the Congress of the country to deliver his first speech in a joint session, on the occasion of the celebration of the first 100 days since he took office, to highlight that his…
Cryptocurrencies

Dogecoin price rises again thanks to Musk

Elon Musk, the CEO of Tesla has once again served as a bridge for the growth of the cryptocurrency dogecoin in the market. Prior to his appearance on Saturday Night Live, Musk spoke again about the digital asset regarding himself as the…

US to encourage cryptocurrency innovation

The United States House of Representatives recently approved a series of laws which include – among other things – promoting the innovation on cryptocurrencies such as bitcoin. This specific law will create a working group in charge of…

Cuba includes bitcoin in its economic guidelines

The Communist Party of Cuba (PPC) included bitcoin within the new guidelines drawn up for the 2021-2026 period, as indicated during the party's VIII Congress. Mercedes López Acea, a member of said political group, was in charge of giving…

China’s GDP presented an expansion of 18.3 %

China's Gross Domestic Product (GDP) registered an expansion of 18.3 % in the first quarter of 2021 compared to the same period of the previous year, when it had suffered a contraction of 6.8 % as a result of the impact of the pandemic of…

Inflation in Argentina continues to grow

Argentina's inflation advanced 4.8 % month-on-month in March, the highest level so far this year, which in the accumulated rate of the year is 13 %, according to data published this Thursday by the National Institute of Statistics and…