The president of Mexico, Andrés Manuel López Obrador, has recently defended the right of all the peoples of Latin America to participate in the next Summit of the Americas, which will begin on June 6 in Los Angeles, United States. The president advocates a more inclusive policy towards all nations.…
Read More...
Browsing Tag
Latin America
Bank of Argentina raises interest rates again
The board of directors of the Central Bank of the Argentine Republic raised the yield of the Liquidity Letters (Leliq) to 28 days, the reference rate in the country for the price of money, by 200 basic points, from 47 % to 49 %, as reported…
BitBase will install ATMs for cryptocurrencies in Venezuela
The Spanish company for the purchase and sale of virtual currencies BitBase is negotiating with Venezuelan authorities the importation and installation of 10 ATMs for cryptocurrencies that could come into operation by the end of this year.…
Latin America energy sector will be strengthened with blockchain
The application of blockchain technology in the electricity sector in Latin America opened up great possibilities for the decentralization of this area, and in turn promote the creation of new solutions.
The use of new technologies within…
IMF and Colombia agree on a new credit
The Executive Board of the International Monetary Fund (IMF) approved a new two-year agreement in favor of Colombia within the framework of the Flexible Credit Line (LCF) for an approximate amount of 9,800 million dollars, as reported in a…
Fintech industry increases its presence in Latin America
The number of fintech platforms in Latin America and the Caribbean doubled in the last three years to reach 2,482 in 2021, which represents almost a quarter of these companies worldwide, with 22.6 %, according to the latest study published…
IMF estimates 2.5 % growth for Latin America in 2022
The International Monetary Fund (IMF) published its new estimates on economic growth and slightly modified its forecasts for the Latin American and Caribbean region by 2.5 % for this 20220 in the framework of an environment marked by…
Colombian economy will grow 6 % in 2022
International organizations such as the World Bank and the International Monetary Fund published their estimates of economic growth for Latin American countries, where Colombia stands out with growth in the order of between 4 % and 6 % by…
BM estimates growth in Latin America at 2.3%
The World Bank lowered the estimate for GDP growth in Latin America and the Caribbean for this year by about 0.4 points, to 2.3%, as a result of higher inflationary pressures derived from the war between Russia and Ukraine.
In a new…
Neo banks and fintech attract the young population
A study carried out by Backbase, a banking platform, and Americas Market Intelligence (AMI), revealed that 75 % of young people between 18 and 21 years old consider that neo-banks and fintech offer more attractive services for the young…
Latin America joins the campaign to denounce crypto scams
Authorities in Argentina, Chile, and Colombia have recently joined Spain and other countries in leading the "FakeCoin" campaign, which seeks to raise awareness of cryptocurrency scams.
This group of Latin countries, along with some members…
Panama will host the Blockchain Summit LatAm 2022
Panama was recently selected as the venue for the Blockchain Summit LatAm 2022, to be held between July 6 and 8.
Through an official statement they stated that the objective of the inclusion of the Panamanian country is to turn it into a…