The UK economy, the second largest in Europe, will avoid going into recession this year, according to new forecasts from the International Monetary Fund (IMF), which now anticipates a GDP expansion of 0.4 %, compared to a contraction of 0..3 % previously projected.
"Built by resilient demand in the…
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Europe
Spain exceeds 2.1 million people in poverty
Spain should have 2.1 million fewer people in a situation of poverty and social exclusion to achieve the Sustainable Development Goals (SDG), according to the Report "The State of Poverty in the Autonomous Communities", prepared by the…
The Bank of England highlights the importance of digital currencies
Bank of England director of fintech Tom Hutton recently spoke about the UK's plans to implement a central bank digital currency (CBDC) during the Cryptocurrency and Digital Assets Summit hosted by the FinancialTimes in London.
According to…
Petro calls to take advantage of common ties between Spain and Colombia
The president of Colombia, Gustavo Petro, called for taking advantage of the opportunity offered by the common ties of history, knowledge and tradition that exist between Colombia and Spain so that both countries become strategic partners…
The fortune of Carlos III exceeds $2,000 million dollars
The next king, Carlos III, has assets with an estimated value of 2.2 billion dollars before his coronation, enriching himself significantly. These assets include property, jewelry, investments, horses, cars, artwork, and rare stamps, among…
Apple has 101 million users in EU countries
Apple announced the number of monthly active users of its official application store, App Store, in the countries of the European Union, for the different operating systems it develops, with an average of 101 million people using the iOS…
Swiss President in favor of Credit Suisse-UBS merger
The Swiss government defended its role in bailing out Credit Suisse Group through its takeover by rival UBS, saying intervention to prevent the collapse of the country's second-biggest bank was necessary to avoid "disastrous" consequences.…
Eurozone manufacturing PMI marks 4-month lows
The deterioration in factory activity in the eurozone worsened in March, when the purchasing managers' index (PMI) fell to 47.3 points from 48.5 the previous month, its worst reading in four months, according to S&P Global. Market…
Cryptocurrency companies struggle to access banking services in the UK
Cryptocurrency businesses face multiple difficulties in accessing banking services in the UK. According to various sources, the few banks that still work with cryptocurrencies are increasingly requesting more documentation and information…
Investors rotate their funds amid the banking crisis
The banking crisis caused a reorganization of the investments of the investors in the last two weeks. According to EPFR data obtained by the Financial Times, more than $286 billion has been invested in US money market funds in March.
The…
Belgium to review all cryptocurrency advertising
The risks that cryptocurrency transactions entail for those who do not have information about this market have led Belgium to join the supervision of all publicity on the subject.
The measure was taken a week ago and announced in a…
French government makes a controversial pension reform
The French government led by Emmanuel Macron used a controversial procedure to implement its unpopular pension reform without a vote by deputies.
Macron proposed delaying the retirement age from 62 to 64 by 2030 and bringing forward to…