The International Monetary Fund (IMF) has approved a precautionary and liquidity line of $ 2.7 billion in favor of Panama to face the Covid-19 pandemic and act as insurance in case of extreme external impacts, as reported by the agency multilateral in a statement.
During 2020, Panama was strongly…
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Panama will receive a loan from the World Bank
The World Bank approved the granting of a 300 million dollar loan to Panama to support the government's response to the health crisis and economic recovery.
The game will support the country's initiatives to invest in better health and…
Bank of Russia grants first payment in cryptocurrencies
Russia's Expobank made history this week after granting the first cryptocurrency-backed bank loan.
This exchange and payment promise was made through the waves token. According to manager Tanzila Yandieva, this transaction "is a precedent…
IDB approves loan to support Bolivia
The Inter-American Development Bank (IDB) approved a $ 130 million loan to support the short-term financial sustainability of micro, small and medium-sized enterprises in Bolivia, in the context of the crisis caused by the pandemic and its…
Argentina promises debt restructuring with bonds
Just 48 hours after the health crisis was decreed, Prime Minister Elyes Fakhfakh announced a package of measures worth 800 million euros to alleviate this situation, all backed by the International Monetary Fund.
This international…
Adidas prepares a credit line of 3,000 million euros
German clothing and sports equipment manufacturer Adidas is finalizing the details of a € 3 billion credit line in which a majority of KfW, the German ICO, will participate, the company said in a statement.
Specifically, the German public…
Argentina will receive 300 million dollars
The World Bank will grant Argentina a total of $ 300 million between 2020 and 2021 for the coronavirus crisis.
This has been confirmed by the Government of Alberto Fernández after a videoconference meeting with the bank's vice president,…
Fernández: Argentina must overcome unsustainable public debt
The new president of Argentina, Alberto Fernández, assured during the investiture act that the Latin American country intends to pay the “unsustainable” public debt left by the management of its predecessor, Mauricio Macri, but said that…
U.S. Federal Reserve extends liquidity injection until November
This effort that began at the beginning of September, extends about three more weeks, in order to avoid a jump in interest rates on short-term loans. This decision arises after rates suffered a rapid increase last month, when the banks had…
FED will monitior liquidity problems in the US
According to statements by the head of the New York FED, John Williams, when the lack of money worsened, the FED acted quickly and "achieved the expected effect of reducing market tensions." This situation highlights the FED's vital role in…
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…
Argentina is on the way to economic recovery
This Thursday the International Monetary Fund (IMF) said that Argentina is "on the right track" to stabilize its economy.
With this, as indicated by the IMF, highlights a renegotiation of payments with the government of Argentine President…