The Government of Argentina announced an increase in electricity tariffs that will take effect in April. The main objective is to “normalize the electricity sector” and promote the efficient use of energy in the South American country. According to official sources, this increase will affect…
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BCV has sold about 516 million dollars in two months
The Central Bank of Venezuela (BCV) reached this week the figure of 516 million dollars in foreign exchange intervention after the last injection made on Monday, February 5 for an amount of 70 million dollars.
According to the information,…
OPEC: Venezuela’s oil production rose 94,000 barrels in August
The Organization of Petroleum Exporting Countries has indicated that during the month of August Venezuela experienced a 14 % increase in production, reaching 94,000 bpd.
According to the OPEC report, with the figures for Venezuela, in…
The Fed decreed a new increase in interest rates
The Federal Reserve of the United States (FED) decreed a new increase in reference interest rates in the order of 0.5 percentage points to place them in a range that oscillates between 0.75 % and 1 % with the purpose of avoiding a increase…
Turnover of Argentine online businesses rose by 77 %
Online commerce sales in Argentina registered a year-on-year increase of 18 %, reporting an increase in turnover equivalent to 77 % during the first quarter of 2022, compared to the same period in 2021. The average number of products…
Venezuelan oil production increased 4 % in February
The Organization of Petroleum Exporting Countries (OPEC) reported in its monthly report that Venezuelan oil production increased by 4 % in February compared to January pumping, based on official figures.
The information highlights that the…
The fintech Revolut reached 600,000 clients in Spain
The fintech Revolut, has reported that it currently has more than one million users in the Iberian peninsula and specifically adds more than 600,000 in Spain and 500,000 in Portugal, reaching a total of 12 million customers worldwide, as…
Bitcoin increases its value compared to other cryptocurrencies
A few days after Halving Bitcoin, the digital currency bitcoin registers an increase in its prices amid what seems to be a relative calm between the main digital currencies, which for May 5 remained stable compared to the previous days.…
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…
Spotify hits the New York Stock Exchange with 241 million euros
The Swedish company Spotify classifies the results of Streaming as a very strong behavior, after reaching 241 million euros in the first nine months of this year, a scenario that quintupled with ease the benefits achieved in the same…
OPEC and allies consider applying more production cuts
Iraq and Nigeria are among the nations that have not properly complied with the commitment to reduce crude oil supplies, according to an agreement forged to direct barrel prices in the international market agreed in OPEC.
For its part,…
BID grants a US $ 100 million loan to increase investment in Chile
The loan approved by the BID will finance a program that will favor the increase in investment, contributing to sustainable growth in the South American country. Similarly, it will contribute to the improvement of regulatory frameworks that…