The president of the US Federal Reserve (FED), Jerome Powell, believes that the recovery from the crisis in the world will take time and perhaps the implementation of new extraordinary measures to revive the economy.
However, he ruled out the possibility of using any negative interest rate, as…
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financial market
It’s time for a modern and affordable reserve currency
The economic crisis the world is going through has highlighted the need for international cooperation and support. However, markets do not exist in a scenario where supply and demand are absent. Among the reasons to consider the US dollar…
Gold increases its liquidity by 2% more thanks to investors
Due to the stock market storm caused by the pandemic, an increase in liquidity of gold exceeding 2% has been evidenced. The reason is that investors have sheltered their money in assets like this Precious metal, which hit the $ 1,700 per…
Russia could legalize cryptocurrencies within a special regulatory environment
The Ministry of Economic Development of the Russian Federation has prepared a bill that would legalize cryptocurrencies and blockchain within a special regulatory environment. The proposal was presented on March 17 before the lower house of…
Petrobras will reduce investment by 10% for the next four years
The Brazilian oil company Petrobras, announced that its investment for the next 4 years will be estimated at 75.7 billion dollars, 10% less than the 84.1 billion dollars initially planned for the period 2020-2024.
According to the…
Takasbank will market gold through a blockchain platform
Through a statement, the Turkish bank explained that BiGa "is a blockchain-based gold transfer infrastructure platform that provides physical privacy, regulatory compliance, maximum privacy and security."
This platform, announced on…
AVON seeks to reduce costs to resume the market
Thousands of women made the sale of cosmetics by AVON catalog the source of income to support the family. The dynamic consisted in the selection of the product by the client through printed material, which was then processed by the…
Panorama of cryptocurrencies remains uncertain
After 17 days of the first month of the year have elapsed, the cryptocurrency scenario continues to present a lot of instability and doubts for investors, both old and those who have begun to show interest in the market.
Digital currencies…
Spanish bank faces losses in the stock market due to Turkish crisis
The Turkish crisis driven by the tariff measures applied by Donald Trump caused losses in Spanish banks by the order of 2.41% in the stock market. The most affected bank is BBVA, given that Turkey concentrates 14% of its total loan…