El Salvador's president, Nayib Bukele, declared on his Twitter account that his country will not sell the alleged reserves of bitcoin it owns, even though its value has exceeded $60,000.
In his words: "We will not sell, of course, in the end 1 BTC = 1 BTC (this was true when the market price was…
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latinoamérica
Milei eliminates a ministry and gives more power to Caputo in Economics
The Argentine president, Javier Milei, finished his first cabinet reform with the elimination of the Ministry of Infrastructure and the strengthening of the Economy minister, Luis Caputo, who takes control of the area that was in charge of…
UN forecasts 1.6% growth in Latin America’s GDP
The United Nations (UN) forecasts lower economic growth for Latin America and the Caribbean in 2024, projecting a 1.6% increase in regional GDP, compared to an estimated 2.2% increase in 2023.
This forecast is attributed to restrictive…
Ripple launches liquidity service in Brazil
Digital payment processor Ripple recently launched an on-demand cryptocurrency and liquidity (ODL) service in Brazil.
This service comes thanks to the intervention of the company Travlex Bank, which now becomes the first bank in all of…
The Dominican Republic is shown as an industrial hub in the region
The Minister of Industry, Commerce and MSMEs of the Dominican Republic, Ito Bisonó, highlighted the key role that the country plays in the Ibero-American economy as an industrial power for "important multinationals that have been operating…
Latin American countries will benefit from infrastructure plan
The G7 representatives agreed, during the summit in the United Kingdom, to launch the initiative called rebuilding "better for the world in order" to respond to the enormous infrastructure needs of the middle and low-income nations of Latin…
Softbank will invest in Latin America this year
The Japanese company Softbank announced an investment plan of its Latin American Fund valued at 5,000 million dollars for this 2020.
According to the institution, it is planned to distribute at least 1 billion dollars for startups working…