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Latin America

IMF and Costa Rica reach an agreement for support

The International Monetary Fund (IMF) reached a technical staff level agreement with Costa Rica on the necessary policies to complete the first and second reviews of the program of the Central American country supported by the multilateral organization. In March 2021, the IMF approved a loan of…

Brazil’s GDP recovers in 2021 and comes out of recession

The Gross Domestic Product (GDP) of Brazil grew by 4.6% in 2021 compared to the previous year, after having registered a positive year-on-year variation of 1.6% in the last quarter of the year, according to data released by the Brazilian…

Cryptocurrencies

Rafael Núñez Aponte: we are still vulnerable in terms of cybersecurity

Rafael Núñez Aponte, computer security expert and director of MásQueDigital, was a guest on the program Entre Palabras, hosted by journalist Jesús López, where he spoke about cybersecurity and how much progress has been achieved in this…

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The relationship between the EU and Latin America requires a “new impulse”

The Secretary of State for International Cooperation, Pilar Cancela, claimed the need for a "new impetus" in the relationship between the European Union and the countries of Latin America, considering it "a mistake" not to give the region…

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Peru approves its first cryptobank

Recently, the Superintendency of Banking, Insurance and AFP from Peru approved the incorporation of the institution Fluyez as the first cryptobank of the region. Currently, this platform works with at least 60 different types of…

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Venezuelan government promises to reactivate Petrocaribe

Nicolás Maduro, President of Venezuela, in the framework of the farewell ceremony for the ambassador of Saint Vincent and the Grenadines, Andreas Wickham, stressed that the Petrocaribe cooperation mechanism will be recovered with the…

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Americans invest in cryptocurrencies

A survey conducted by The State of Consumer Banking & Payments to 2,200 people determined the increase in the investment of Americans in cryptocurrencies as one of the preferred investment alternatives compared to traditional media.…

Business

Venezuelan Championship will start next April

The National Cryptocurrency Association (Asonacrip) reported that Axie Infinity, academies and organizations from Latin America will be holding various tournaments on the continent, including the Venezuelan Championship, which will be run…

Inflation in Brazil registers advance of 0.54 %

The National Consumer Price Index of Brazil registered an advance of 0.54 % in January, the greatest variation for this month since 2016 and more than double the data registered at the same month of 2021, as published by the Brazilian…

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Unemployment in Latin America will last until 2024

The International Labor Organization (ILO) released its edition of the Labor Overview of Latin America and the Caribbean where it noted that the economic growth evidenced during 2021 in the region did not have enough impact to reduce…

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Central Bank of Ecuador works on regulations for cryptocurrencies

The manager of the Central Bank of Ecuador, Guillermo Avellán, reported that the institution is working on a draft to apply cryptocurrency regulations in the country. Avellán also spoke about the advances in digital assets in comparison…

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Meta registers services with cryptocurrencies in Brazil

The social media platform Meta, recently registered a Brazil brand to be able to design, develop and provide hardware and software for services related to cryptocurrencies. The company, formerly known as Facebook, delivered the required…

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