The telecommunications multinational Telefónica expects to make its first investments from Vivo Ventures in the coming months, a fund created by the company in Brazil of 320 million reais, equivalent to 60.4 million euros, with the purpose of investing in consumer-oriented startups and complement…
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The IMF forecasts that Peru’s economy will grow by 3 % in 2022
The International Monetary Fund (IMF) estimates that Peru's GDP will grow by 3 % in 2022, after having rebounded by 13.3 % in 2021 after the historical collapse of 11 % in 2020.
In the conclusion of Article IV on the Andean country, the…
World Bank allocates 93,000 million dollars to poor countries
The World Bank created 93 billion dollars fund to help the poorest countries recover from the crisis caused by the pandemic and to finance other programs. The president of the organization, David Malpass, considers that the "generous…
South Africa regulates cryptocurrency investments in pension funds
Enoch Godongwana, finance minister of South Africa, presented a new bill that excludes the possibility of investing in cryptocurrencies and stipulates some prohibitions when investing the money of the users of pension funds.
In the…
New 1 billion dollars fund will produce clean energy
The $ 1 billion fund was created by the Rockefeller and IKEA foundations to finance clean energy projects and for this year they plan to cut 1 billion tons of greenhouse emissions, as well as provide 1 billion people with electricity from…