Starting in January 2026, Mexican workers will receive a 13 % increase in the minimum wage, as indicated by President Claudia Sheinbaum, who added that the measure was supported by unions and employers.

This salary increase is part of the official promise that the basic wage will cover 2.5 basic food baskets by 2030.

With the increase, the national minimum wage will rise from 278.8 pesos per day (US$15.27) to 315.04 pesos (US$17.26). In the northern border region, where a differentiated system is in place, the figure will increase from 419.88 pesos (US$23) to 440.87 pesos (US$24.15).

In this regard, the monthly basic wage will be 9,582.47 pesos (US$524.96) in the rest of the country and 13,409 pesos (US$734.59) in the border region.

Authorities have indicated that the salary increase will benefit 8.5 million workers. They also highlighted that “the average real wage of formal employees registered with the Mexican Social Security Institute (IMSS) has grown 27.5% since 2018, reflecting a sustained improvement in labor income.”

M.Pino

Source: finanzasdigital

(Reference image source: Josue Isai Ramos Figueroa on Unsplash)

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La entrada Mexican government to increase workers’ wages by 13 % in 2026 apareció primero en Bitfinance.

Last week, the Bitcoin Indonesia group held a meeting with the country’s vice-presidential office to discuss the proposal for a Bitcoin reserve to help strengthen the economy.

The strategic reserve in the market’s leading cryptocurrency is a bold idea, complemented by opportunities in mining and financial education that will drive adoption of the digital asset.

Abundant hydroelectric resources favor Bitcoin mining

During the meeting, various advantages the Asian country has in the context of cryptocurrencies were highlighted, such as its “abundant hydroelectric and geothermal resources that could be used to power Bitcoin mining operations.”

On the other hand, the Bitcoin Indonesia group presented government officials with “long-term price projections, such as the one by Michael Saylor, who predicts that Bitcoin could reach $13 million by 2045 in a base case scenario, and up to $49 million in a bull case.”

Such a decision must be carefully considered, considering that Indonesia is the world’s 16th largest economy, with a GDP of around $1.4 trillion and a population of over 280 million. A Bitcoin reserve “could serve as a diversification tool in an increasingly uncertain global macroeconomic environment.”

Regulatory contradictions

However, it is worth remembering that the country maintains a restrictive stance regarding cryptocurrency payments. Specifically, it has banned its use as a means of payment since 2017, “and recently the Ministry of Finance has doubled the tax burden on traders and miners.” In addition, the Income Tax on cryptocurrency sales on local exchanges increased from 0.1 % to 0.21 %, and the fee for foreign exchanges increased from 0.2 % to 1 %. Mining companies, meanwhile, face a VAT that increased from 1.1 % to 2.2 %.

M.Pino

Source: coinwatcher.com

(Main reference image source: Jannis Lucas en Unsplash)

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La entrada Indonesian government considers creating a national Bitcoin reserve apareció primero en Bitfinance.

During the parliamentary and regional elections in Venezuela this Sunday, May 25, the government party won the majority of seats. The Vice President of the National Electoral Council announced that the ruling party won 40 of the 50 seats in Parliament.

Opposition candidates Henrique Capriles, Stalin González, and Luis Emilio Rondón each won a seat in the National Assembly.

According to official figures released by Quintero around midnight this Sunday, corresponding to 93.01 % of the polling stations and a turnout of 42.63 %, the Great Patriotic Pole obtained 4,553,484 votes (82.68 % of the total).

The president of the National Electoral Council (CNE), Elvis Amoroso, congratulated the Venezuelan people for the civility demonstrated during such an important electoral process in the country.

M.Pino

With information from national and international media, agencies, and social media

(Reference image: file)

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La entrada CNE announced victory for the government party in elections this Sunday, May 25 apareció primero en Bitfinance.

Venezuela has been working for several years on integrating artificial intelligence into citizens’ daily lives to optimize efficiency in public services, industry, and customer service.

AI is present in government administrative processes for managing high volumes of data, optimizing decision-making and operational efficiency.

“In education, AI is used to personalize learning and assess student progress. Educational platforms integrate algorithms that adapt content to individual needs, facilitating distance learning.”

Among the challenges facing the implementation of AI in Venezuela are limitations in technological infrastructure and a lack of trained personnel, which requires greater investment in education and technology.

M.Pino

Source: notitarde

(Reference image source: Bona Lee on Unsplash)

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La entrada Venezuela incorporates artificial intelligence to optimize public services apareció primero en Bitfinance.

Although cybersecurity specialists point out that the Chinese AI DeepSeek is regulated by strict measures, members of the US Congress have presented a bill to prohibit its use in government officials’ devices.

Since its launch on January 11, the artificial intelligence chatbot led downloads outside China. This has led specialists to focus on possible security vulnerabilities. Adrianus Warmenhoven, cybersecurity specialist at NordVPN, recently said that “DeepSeek, being a Chinese AI startup, operates in a regulatory environment where government oversight of data is strict. This poses potential risks regarding data collection, storage and use.”

Considering that DeepSeek AI could endanger national security, members of the US Congress are pushing for a law to ban its use in government entities.

M.Pino

Source: elderecho.com

(Reference image source: Solen Feyissa on Unsplash)

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La entrada US considers banning the use of DeepSeek apareció primero en Bitfinance.

The selection of the members of the cabinet that will accompany Donald Trump in his mandate began with the appointment of Susie Wiles as general secretary of the White House and Tom Homan as head of the Immigration and Customs Enforcement Service.

Likewise, the president-elect of the United States named Mike Waltz as national security advisor and New York congresswoman Elise Stefanik as ambassador to the UN.

At the head of the Environmental Protection Agency will be the former representative of New York, Lee Zeldin. According to sources close to Trump, the president is considering Richard Farley, a Wall Street lawyer, as a possible SEC chairman, replacing Gary Gensler.

Other appointments include Pete Hegseth at the Department of Defense; John Ratcliffe at the Central Intelligence Agency, CIA, as well as Elon Musk and Vivek Ramaswamy in the new Department of Government Efficiency, Latino Senator Marco Rubio as Secretary of State and Matt Gaetz, Congressman from Florida, as the country’s next Attorney General.

M.Pino

With information from national and international media and agencies

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La entrada Trump selects the members of his cabinet apareció primero en Bitfinance.

The Portuguese Prime Minister, António Costa, presented his resignation this Tuesday, after the Prosecutor’s Office included him in an investigation for alleged crimes of prevarication and corruption linked to the lithium and green hydrogen sector within the Government, although he has not been charged for the moment.

“I understand that dignity is not compatible with any suspicion (…) The dignity of the prime minister’s functions is not compatible with any suspicion about his integrity (…) that is why, obviously, I have submitted my resignation,” Costa announced after meeting with the president, Marcelo Rebelo de Sousa.

From the Sao Bento Palace, headquarters of the Portuguese Assembly, Costa began his intervention before the media showing his “surprise” because the Prosecutor’s Office has included him in said investigation. “I close a stage with a clear conscience,” he declared, while ensuring that he will collaborate with Justice “in everything he deems necessary.”

Costa has stressed on several occasions that the position of prime minister is incompatible with any type of suspicion about his honorability, while at the same time he has stressed that he leaves without any charge of conscience for the commission of any “illegal” or “reprehensible” act. In response to questions from the media regarding his political future, Costa has announced that he will not run in the next elections.

Early on Tuesday, the Prosecutor’s Office carried out several searches, including the headquarters of the Ministries of Environment and Infrastructure, as well as several offices in the Sao Bento Palace, in Lisbon, for suspicions of corruption in the granting of a series of contracts. public related to the exploitation of lithium deposits and a project to produce energy with hydrogen.

The Police also carried out searches at the official residence of the prime minister, to examine the office of his chief of staff, Vítor Escária, who has been arrested, as has the mayor of Sines, the socialist Nuno Mascarenhas, and the businessman Diogo Lacerda Machado, a close friend of Costa.

The searches of several hours at the Environment and Infrastructure headquarters culminated in the accusation of those responsible, Duarte Cordeiro and Joao Galamba, respectively.

Source: dpa

(Referential image source: Kay Nietfeld / dpa)

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La entrada Prime Minister of Portugal resigns after corruption investigation apareció primero en Bitfinance.

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 deficit expected for 2024.

During an appearance with deputies, Yorio stated that “the Economic Program 2024 will continue to distinguish Mexico as one of the countries with the lowest levels of debt in relation to GDP, well below the alert thresholds established by rating agencies and international financial organizations. “

These statements come just before the lower house of Congress votes on the 2024 Economic Package Revenue Law, which contains fiscal policy and revenue estimates for the Government of Mexico next year. The deadline for this vote is October 20, while the Senate will do so 11 days later.

Despite criticism from the opposition due to the budget deficit of 5.4 %, the highest in three decades, the Undersecretary of the Treasury defended responsibility in debt management, keeping it at a stable and sustainable level that does not exceed 50 %. of GDP, which is “well below the global alert thresholds.”

The Government of Mexico expects to close the six-year term in 2024 with a sustainable debt level of 48.8 %, which would continue to position the country as one of those with the least debt in relation to GDP in Latin America and compared to its peers.

Yorio argued that, despite the deficit, “the country’s fiscal sustainability in the short and medium term will not be compromised.” Therefore, the need to implement new taxes or increase existing ones is not foreseen, since there is still room to increase tax revenues.

The increase in the deficit is attributed to the need to maintain economic momentum in a context of slowing growth in global economies.

The Finance Commission of the Chamber of Deputies of Mexico plans to discuss and approve the Income Law no later than Thursday, October 19, and then send it to the Senate, where the same process will follow.

Once approved, the 2024 Income Law will be sent again to the Executive Branch for its official publication and entry into force.

K. Tovar

Source: Bancaynegocios

(Referential image source: @GabrielYorio, social network X)

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La entrada Mexico among Latin countries with the least debt apareció primero en Bitfinance.

China recently ordered its central government officials to stop using Apple’s iPhone and other foreign-brand mobile devices in their work, The Wall Street Journal reported.

Instructions to stop using these devices have been disseminated among officials in recent weeks, according to the sources consulted. This action is part of a context where Beijing has been restricting the use of the iPhone among certain senior officials for several years.

This decision could have a significant impact on Apple, as China accounts for approximately 20 % of its global revenue in 2022. China’s ban on foreign phone devices in government agencies mirrors similar measures implemented in the United States, such as the ban on TikTok on government-owned devices in New York City.

Growing technological tensions between Washington and Beijing, as well as China’s efforts to achieve self-sufficiency in the sector, add important context to this government decision.

The Chinese embassy in Washington DC has so far not responded to Business Insider’s request for comment, sent outside of regular business hours.

K. Tovar

Source: Business Insider

(Referential image source: Bagus Hernawan, Unsplash)

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La entrada China restricts the use of the iPhone to its officials apareció primero en Bitfinance.

The Government of the city of New York prohibited the use of the Chinese social network TikTok in the devices owned by the city with immediate effect, being prohibited the installation of this app in view of the fact that “it represents a security threat for the technical networks of the city”.

It is not the first time that the ByteDance-owned platform has suffered usage blocks on government devices in the United States. The Biden Administration itself already imposed in February of this year that federal agencies had to guarantee that their workers did not have TikTok installed on any government device.

Now, the city of New York joins this initiative by prohibiting the use and installation of TikTok on city-owned devices with immediate effect.

In this sense, the directive issued on Wednesday details that, after a review by the New York City Cyber Command, it was concluded that TikTok “represents a security threat to the city’s technical networks“. Likewise, it was detailed that this Command “regularly explores and promotes proactive measures to keep New Yorkers’ data safe.”

According to statements by a spokesman for the New York City Council, included in said statement, this decision is intended to guarantee the safety of New York citizens and the protection of their data. “While social media is great for connecting New Yorkers with each other and with the city, we must ensure that we always use these platforms safely,” the spokesperson added.

Source: dpa

(Reference image source: Solen Feyissa, Unsplash)

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La entrada New York bans the use of TikTok on the devices of politicians and officials apareció primero en Bitfinance.