Kristalina Georgieva, director of the IMF, stressed that the institution will maintain the precision of global economic growth for 2021 at 6 %, However, she considers it necessary to increase the vaccination process to be able to underpin this recovery.
Georgieva highlighted, during a conference…
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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…
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…
Dow Jones exceeds 35,000 points for the first time in its history
The Dow Jones Industrials Index, which groups 30 of the main companies in the United States, surpassed the level of 35,000 points on Monday for the first time in its almost 125 years of history, which implies a revaluation of more than 70 %…
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…
Bitso crypto exchange reaches the “Unicorn” status
Bitso, the largest Argentine cryptocurrency platform in Latin America by volume, has reached a market valuation of 2,200 million dollars, becoming the first Latin American cryptocurrency firm to achieve the status of "unicorn" by exceeding…
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…
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…
Grayscale Investments launches cryptocurrency trusts
Asset manager Grayscale Investments announced the launch of five cryptocurrency-based trusts.
As detailed by the company, this measure seeks to respond to the global demand that has been generated in terms of investments in digital assets.…