Browsing Tag

finance

BBVA completed the sale of its US subsidiary

BBVA completed the sale of its subsidiary in the United States to PNC for 11,500 million dollars, after having obtained the necessary regulatory authorizations, as reported to the National Securities Market Commission (CNMV). The results generated by BBVA's US subsidiary since the transaction was…
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Tether, the most used cryptocurrency other than bitcoin

The cryptocurrency tether is known as the one that remains and acts in the shadows. However, today it is one of the most used,  even above bitcoin. All this because this asset, also known as the usdt, is one of the financial vehicles that…

Costa Rica joins the OECD

Costa Rica has formally become the thirty-eighth member country of the Organization for Economic Cooperation and Development (OECD) and the fourth country in Latin America and the Caribbean to join the institution after Mexico, Chile and…

China bans offering cryptocurrency services

China announced a ban on financial institutions and payment companies to provide any type of service related to cryptocurrencies. From now on, banks and online payment channels will not be able to offer their customers any services that…
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Dogecoin continues to break growth records

The cryptocurrency dogecoin continues to break records within the digital asset market, this time breaking the 50-cent barrier. This week, the asset increased its value by 35 %, in a period of 24 hours, which made it add a growth so far in…
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Inflation in Brazil rose to 0.93% in March

Inflation in Brazil accelerated by 0.93 % during the month of March, which is the highest figure for this month since 2015 when the national price index stood at 1.32 %, according to the Brazilian Institute of Geography and Statistics (IBGE…

UK GDP grew 1.3 % at the end of 2020

The Gross Domestic Product (GDP) of the United Kingdom registered an expansion of 1.3 % in the fourth quarter of 2020, which represents an increase of three tenths compared to the previous estimate, according to the National Statistical…
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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…
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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…