The Italian government, through Economy Minister Giancarlo Giorgetti, announced the reduction in its GDP growth forecast to 0.6 %.
"The forecast is contained in the Public Finance Document, the first text with macroeconomic forecasts for the coming years, the former Economic and Financial Document…
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Peru’s spaceport will boost scientific and economic development
Latin America could become a regional benchmark in technology with the possible construction of a spaceport in Peru, with the final study expected to be completed by May 2025.
The South American nation is moving forward with this project,…
Cryptocurrency transactions in Brazil are made with stablecoins
Stablecoins represent 90 % of cryptocurrency transactions in Brazil, becoming the preferred payment tool for those seeking speed and security amid the volatility of the traditional market.
This statement was recently made by Denise…
Fedecámaras proposes a comprehensive monthly salary of $ 200
The president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecámaras), Adán Celis, reiterated the need to adjust the comprehensive monthly salary of workers to $ 200.
During his participation in…
Central Bank of Brazil lowers economic growth forecast
The Central Bank of Brazil lowered its economic growth forecast for this year due to the inflation rate, increased public spending, and various weather events.
The reduction in the growth forecast "indicates that further interest rate…
Venezuela’s Central Bank received a ton of gold bars to increase reserves
Venezuelan President Nicolás Maduro announced the delivery of a ton of gold bars to the Central Bank to strengthen reserves.
Maduro stated: "Venezuela is already producing, following the most rigorous international standards, gold bars for…
Dina Boluarte calls for general elections on April 12, 2026
General elections will be held in Peru on April 12, 2026, according to the call announced this Tuesday by the current president, Dina Boluarte, during a message to the nation at the Government Palace.
The president was accompanied by the…
Venezuela to boost soybean production
In order to ensure food self-sufficiency, Venezuela will implement a plan to increase soybean planting by 30,000 hectares.
This was announced by the president of the South American nation, Nicolás Maduro, who stated that the states of…
The US dollar is the official currency in Ecuador
At the end of last week, Ecuadorian President Daniel Noboa announced Executive Decree 565, which officially establishes the US dollar as the official currency.
Noboa ratified the measure through the presidential digital portal during an…
The bolívar has devalued 30 % so far this year
The legal currency in Venezuela, the bolívar, has lost 30 % of its value so far this year, according to estimates by the independent Venezuelan Finance Observatory (OVF).
According to the independent organization, "for every 1 % the…
Bolivia to allow the use of cryptocurrencies for fuel purchases
The Bolivian government issued a decree authorizing the state-owned energy company YPFB to use cryptocurrencies to pay for energy imports, particularly gasoline and diesel.
The South American country is currently experiencing an internal…
OECD forecasts Costa Rica’s GDP growth at 3.8 %
The Organization for Economic Cooperation and Development (OECD) forecasts Costa Rica's Gross Domestic Product growth of 3.8% this year.
The international organization presented the data last Tuesday through the OECD Economic Surveys:…