The president of the San Antonio del Táchira-Ureña Exchange Operators, Jeovanny Fernández Sayago, recently addressed the situation of transactions on the border with Colombia, stating that it is regrettable that Venezuelans are subjected to the prices charged on the other side of the bridge and…
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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…
2025 kicks off with major events in the crypto sector
The year 2025 will offer a packed agenda of events framed in the cryptocurrency market, blockchain technology and related aspects through forums, conferences, fairs and exhibitions.
On January 7 and 8, for example, the METAV Summit will…
Bancamiga and Impact Hub Caracas offer master classes during Global Entrepreneurship Week
Bancamiga and Impact Hub Caracas will celebrate Global Entrepreneurship Week (SGE) 2024 with two master classes so that people with business initiatives from all over the country can strengthen their entrepreneurial skills.
This is the…
Sponsorship of Euro 2024 in foreign hands
Euro 2024, which began on June 14 and mobilizes thousands of fans around the world, now has official foreign sponsorship. This is the Chinese automobile company BYD (Build Your Dreams), replacing the German Volkswagen, which was at the helm…
Ark Invest sold part of its shares in Coinbase
In a determined financial move, Ark Invest, the well-known firm led by Cathie Wood, has strategically liquidated some of its shares, including those of Coinbase (COIN), as well as other prominent companies. Simultaneously, the firm has…
Musk is no longer “so interested” in cryptocurrencies
Eccentric tycoon and owner of Tesla, SpaceX and X (Twitter), Elon Musk, reveals his shift away from cryptocurrencies
During a conversation with Cathie Wood of Ark Invest at an X Space event held yesterday, Elon Musk, the visionary…
Argentine companies soar on the New York Stock Exchange
Argentine companies listed on the New York Stock Exchange experienced an impressive increase in their values during the first hours of trading on Wall Street, with increases that in many cases exceeded the double-digit threshold.
Standing…
Banco do Brasil reported profits of USD 5.3 billion until September
Banco do Brasil, the country's second-largest financial institution, achieved profits of USD 5.3 billion in September, which represents 14 % more than the same period in 2022.
According to the data presented in the quarterly report, the…
Mexico among Latin countries with the least debt
Gabriel Yorio, Undersecretary of Finance and Public Credit of the Government of Mexico, assured that Mexico will maintain one of the lowest levels of debt in relation to its Gross Domestic Product (GDP) in Latin America, despite the budget…
Inflation in Chile fell two tenths in September
The Consumer Price Index (CPI) of Chile fell to 5.1 % year-on-year in the month of September, which represents a reduction of just two tenths compared to the previous month, according to the National Institute of Statistics (INE).
This…
IMF warned about the risks of cryptocurrencies in the financial system
The International Monetary Fund (IMF) issued a report aimed at addressing the rapid changes in the cryptocurrency market. In this report, titled "Assessment of the macrofinancial risks of cryptocurrencies", the IMF highlights the…