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		<title>Carlos Rosales: You probably don&#8217;t need another offer, just better sales questions</title>
		<link>https://bitfinance.news/en/carlos-rosales-you-probably-dont-need-another-offer-just-better-sales-questions/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Mon, 28 Jul 2025 18:00:33 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Other topics]]></category>
		<category><![CDATA[Carlos Rosales]]></category>
		<category><![CDATA[close more sales]]></category>
		<category><![CDATA[conversation]]></category>
		<category><![CDATA[Neurosales Consultants]]></category>
		<category><![CDATA[optimize sales efforts]]></category>
		<category><![CDATA[postgraduate professor]]></category>
		<category><![CDATA[specialist]]></category>
		<category><![CDATA[strategy]]></category>
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		<guid isPermaLink="false">https://bitfinance.news/?p=115006</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Para concretar esa venta &quot;posiblemente, el problema no es la solución que estás ofreciendo; es la conversación que estás sosteniendo&quot; estima el director de Neurosales" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1.jpg 1200w, https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In this new installment, and returning to the topic of how to optimize sales efforts, specialist and postgraduate professor Carlos Rosales shares and explains: -Those who work in sales often face the same scenario: they present a well-constructed proposal, detail the benefits, answer objections, and still receive a &#8220;no&#8221; too quickly. What&#8217;s going wrong? &#8220;Possibly, [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/carlos-rosales-you-probably-dont-need-another-offer-just-better-sales-questions/">Carlos Rosales: You probably don&#8217;t need another offer, just better sales questions</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Para concretar esa venta &quot;posiblemente, el problema no es la solución que estás ofreciendo; es la conversación que estás sosteniendo&quot; estima el director de Neurosales" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1.jpg 1200w, https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/07/scott-graham-OQMZwNd3ThU-unsplash-1-1-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">In this new installment, and returning to the topic of<strong> how to optimize sales efforts</strong>, specialist and postgraduate professor<strong> Carlos Rosales</strong> shares and explains:</p>
<p style="text-align: justify;">-Those who work in sales often face the same scenario: they present a well-constructed proposal, detail the benefits, answer objections, and still receive a &#8220;no&#8221; too quickly.</p>
<h3 style="text-align: left;">What&#8217;s going wrong?</h3>
<p style="text-align: justify;">&#8220;Possibly, the problem isn&#8217;t the solution you&#8217;re offering. It&#8217;s the conversation you&#8217;re having.&#8221; When a buyer is on autopilot—with fixed ideas, assumptions, or poorly focused urgencies—repeating arguments rarely works.</p>
<p style="text-align: justify;">-Instead, <strong>a good question can open a gap in their thinking and take the conversation to another level.</strong></p>
<ul style="text-align: justify;">
<li>The right questions don&#8217;t just drive sales</li>
<li>They transform the conversation</li>
<li>They provoke reflection</li>
<li>They take the buyer out of autopilot</li>
</ul>
<p style="text-align: justify;">&#8220;Here I share with readers and users 9 questions designed for just that: to change your client&#8217;s focus and open a more strategic, in-depth, and forward-thinking dialogue.&#8221;</p>
<p style="text-align: justify;">-They are truly useful, which is why we should take them into account.</p>
<ol style="text-align: justify;">
<li><strong>&#8220;Why is that your strategy?&#8221;</strong></li>
</ol>
<p style="text-align: justify;">A simple but powerful question. Stated politely, it doesn&#8217;t confront; it invites review. If the client&#8217;s logic is sound, excellent. If not, you can help them rethink it.</p>
<ol style="text-align: justify;" start="2">
<li><strong>&#8220;Why hasn&#8217;t this been solved before?&#8221;</strong></li>
</ol>
<p style="text-align: justify;">This question makes the invisible visible. Maybe they&#8217;ve already tried and failed. Maybe they chose a convenient but ineffective solution. With this question, you can better understand their story and add something more relevant.</p>
<ol style="text-align: justify;" start="3">
<li><strong>&#8220;What will the impact be if you don&#8217;t solve it?&#8221;</strong></li>
</ol>
<p style="text-align: justify;">Every problem has consequences. Sometimes they&#8217;re obvious, sometimes they&#8217;re minimized. This question helps clarify real costs, risks, and emergencies.</p>
<ol style="text-align: justify;" start="4">
<li><strong>&#8220;How do you think you could make it happen?&#8221;</strong></li>
</ol>
<p style="text-align: justify;">This &#8220;how&#8221; opens the way to talk about obstacles and possible paths. It allows you to see the landscape from their perspective&#8230; and show why your solution makes sense.</p>
<ol style="text-align: justify;" start="5">
<li><strong>&#8220;What do you think could be possible?&#8221;</strong></li>
</ol>
<p style="text-align: justify;">Ideal for getting the buyer out of the short term. This question points to opportunities, potential, and what could be achieved beyond the immediate problem.</p>
<ol style="text-align: justify;" start="6">
<li><strong>&#8220;Have you considered another way to do it?&#8221;</strong></li>
</ol>
<p style="text-align: justify;">It doesn&#8217;t suggest the client is wrong, just that they may not have explored every angle. It opens the door to new ideas without imposing them.</p>
<ol style="text-align: justify;" start="7">
<li><strong>&#8220;What will happen if they don&#8217;t act?&#8221;</strong></li>
</ol>
<p style="text-align: justify;">This question introduces real urgency. It doesn&#8217;t pressure, but it does show what&#8217;s at stake if they don&#8217;t make decisions in a timely manner.</p>
<ol style="text-align: justify;" start="8">
<li><strong>&#8220;How do you know that&#8217;s true?&#8221;</strong></li>
</ol>
<p style="text-align: justify;">Sometimes the client repeats assumptions as if they were facts. This question doesn&#8217;t challenge, it invites more precise thinking and a separation of the subjective from the objective.</p>
<ol style="text-align: justify;" start="9">
<li><strong>&#8220;What&#8217;s missing?&#8221;</strong></li>
</ol>
<p style="text-align: justify;">This is a question that changes the pace. It usually creates a pause: &#8220;Good question&#8230;&#8221; That&#8217;s where something valuable can emerge that wasn&#8217;t yet on the table.</p>
<h4 style="text-align: left;"><strong>Close more sales by asking better questions</strong></h4>
<p>-These questions aren&#8217;t gimmicks. They&#8217;re tools to connect more deeply, build trust, and provide real value.</p>
<p><strong>&#8220;Because selling isn&#8217;t about pressure. It&#8217;s about conversing intelligently.&#8221;</strong></p>
<h3 style="text-align: left;">Bio of Carlos Rosales, the author</h3>
<figure id="attachment_115001" aria-describedby="caption-attachment-115001" style="width: 300px" class="wp-caption alignleft"><img decoding="async" class="wp-image-115001 size-medium" src="https://bitfinance.news/wp-content/uploads/2025/07/Autor-y-consultor-Carlos-Rosales-300x284.jpg" alt="Author and consultant Carlos Rosales" width="300" height="284" srcset="https://bitfinance.news/wp-content/uploads/2025/07/Autor-y-consultor-Carlos-Rosales-300x284.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/07/Autor-y-consultor-Carlos-Rosales-1024x968.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/07/Autor-y-consultor-Carlos-Rosales-768x726.jpg 768w, https://bitfinance.news/wp-content/uploads/2025/07/Autor-y-consultor-Carlos-Rosales.jpg 1200w" sizes="(max-width: 300px) 100vw, 300px" /><figcaption id="caption-attachment-115001" class="wp-caption-text">Author and consultant Carlos Rosales</figcaption></figure>
<p style="text-align: justify;"><strong>Carlos Rosales</strong> is a postgraduate professor at several universities in Colombia, Panama, Venezuela, and Guatemala. Author of the books<em> &#8220;People Buy People,&#8221; &#8220;People Buy Leaders,&#8221;</em> and <em>&#8220;Epic Blunders in Sales,&#8221;</em> with <strong>more than 90,000 copies sold.</strong> He is a trainer of sales professionals throughout Latin America. He is a high-impact speaker and mentor.</p>
<p style="text-align: justify;">Distinguished by <em>LinkedIn</em> as one of the <strong>Top Voices in Latin America</strong> and by <em>GOIntegro</em> as the <strong>Top 12 HR Influencers</strong> in Colombia.</p>
<p style="text-align: justify;">He is currently the director of <a href="https://neurosales.com/" target="_blank" rel="noopener"><strong>Consultores Neurosales</strong></a>, a training and human development company with a presence throughout Latin America.</p>
<p><em>Main reference image source: Scott Graham on Unsplash</em></p>
<p>Visit our news channel on <a href="https://bitfinance.news/en/brussels-cuts-spains-budget-by-20/" target="_blank" rel="noopener"><strong>Google News</strong></a> and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on <a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><strong>X/Twitter</strong></a> and <a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><strong>Instagram</strong></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/carlos-rosales-you-probably-dont-need-another-offer-just-better-sales-questions/">Carlos Rosales: You probably don&#8217;t need another offer, just better sales questions</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>China launches cross-border payment system with digital Yuan</title>
		<link>https://bitfinance.news/en/china-launches-cross-border-payment-system-with-digital-yuan/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Tue, 08 Apr 2025 13:00:02 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial security]]></category>
		<category><![CDATA[States & entities]]></category>
		<category><![CDATA[10 ASEAN countries]]></category>
		<category><![CDATA[6 Middle Eastern countries]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[cross-border payments]]></category>
		<category><![CDATA[digital RMB]]></category>
		<category><![CDATA[digital yuan]]></category>
		<category><![CDATA[People's Bank of China]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[Swift system]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=112946</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="El sistema transfronterizo de pagos de China acaba de ser lanzado a través del yuan digital, lo que evita el sistema Swift" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1.jpg 1200w, https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>China has made a strategic and quiet move in cross-border payments. They are now based on the digital yuan for transactions with 10 ASEAN countries and six Middle Eastern countries, bypassing the Swift system. The People&#8217;s Bank of China has been the entity in charge of connecting the digital RMB, which gives China a victory [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/china-launches-cross-border-payment-system-with-digital-yuan/">China launches cross-border payment system with digital Yuan</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="El sistema transfronterizo de pagos de China acaba de ser lanzado a través del yuan digital, lo que evita el sistema Swift" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1.jpg 1200w, https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2025/04/adam-smigielski-K5mPtONmpHM-unsplash-1-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;"><strong>China</strong> has made a strategic and quiet move in<strong> cross-border payments.</strong> They are now based on the <strong>digital yuan</strong> for <strong>transactions with 10 ASEAN countries and six Middle Eastern</strong> <strong>countries,</strong> bypassing the Swift system.</p>
<p style="text-align: justify;">The <strong>People&#8217;s Bank of China</strong> has been the entity in charge of connecting the d<strong>igital RMB,</strong> which gives China<strong> a victory over the prevalence of the US dollar in the global economy.</strong></p>
<p style="text-align: justify;">The best part is that &#8220;while the SWIFT system still suffers<strong> delays of 3 to 5 days for international payments, the Chinese digital bridge has reduced that time to 7 seconds.&#8221;</strong> As an example, the first test run between Hong Kong and Abu Dhabi is cited, in which a company transferred funds to a Middle Eastern supplier without having to go through six intermediary banks. The funds were received in real time and with 98 % lower fees.</p>
<p style="text-align: justify;">According to reports, <strong>23 central banks are participating in this Chinese digital currency bridge.</strong></p>
<p style="text-align: justify;">Regarding this accelerated decision by China,<strong> the Bank for International Settlements (BIS) </strong>indicated that<strong> the Asian country is &#8220;defining the rules of the game in the digital currency era.&#8221;</strong></p>
<p style="text-align: justify;">The benefits are notable not only in terms of <strong>transaction speed</strong>, but also in enabling<strong> full traceability and the automatic application of anti-money laundering regulations.</strong></p>
<p>M.Pino</p>
<p><em>Source: <a href="https://www.notitarde.com.ve/internacional/73073/china-lanza-red-global-de-pagos-digital-sin-pasar-a-swift" target="_blank" rel="noopener">notitarde</a>            </em></p>
<p>(Reference image: Adam Śmigielski on Unsplash)</p>
<p><em>Visit our news channel on </em><a href="https://news.google.com/publications/CAAqBwgKMP_wxAswoozcAw?ceid=VE:es-419&amp;oc=3" target="_blank" rel="noopener"><em><strong>Google News</strong></em></a><em> and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on </em><a href="https://twitter.com/BitFinance_News" target="_blank" rel="noopener"><em><strong>X/Twitter</strong></em></a><em> and </em><a href="https://www.instagram.com/bitfinancenews/?hl=es" target="_blank" rel="noopener"><em><strong>Instagram</strong></em></a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/china-launches-cross-border-payment-system-with-digital-yuan/">China launches cross-border payment system with digital Yuan</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>Instagram will continue to prioritize the reels strategy</title>
		<link>https://bitfinance.news/en/instagram-will-continue-to-prioritize-the-reels-strategy/</link>
		
		<dc:creator><![CDATA[Krystian Tovar]]></dc:creator>
		<pubDate>Wed, 27 Jul 2022 17:30:40 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[goal]]></category>
		<category><![CDATA[Instagram]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[reels]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[strategy]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=84307</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="La red social confirmó que su estrategia se basa en darle prioridad a la publicación de contenido a través de los reels" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3.jpg 1200w, https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3-1024x576.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Instagram reiterated its intention to prioritize videos and, specifically, those belonging to the reels section, instead of focusing its commitment on static feed publications soon. Meta, owner of Instagram, has been working on the redesign of its application for months, after revealing that reels currently represent more than 20 % of the time that people [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/instagram-will-continue-to-prioritize-the-reels-strategy/">Instagram will continue to prioritize the reels strategy</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="La red social confirmó que su estrategia se basa en darle prioridad a la publicación de contenido a través de los reels" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3.jpg 1200w, https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3-1024x576.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/09/Instagram-3-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;"><strong>Instagram</strong> reiterated its intention to prioritize videos and, specifically, those belonging to the reels section, instead of focusing its commitment on static <strong>feed publications</strong> soon.</p>
<p style="text-align: justify;"><strong>Meta,</strong> owner of Instagram, has been working on the redesign of its application for months, after revealing that reels currently represent more than <strong>20 %</strong> of the time that people spend on the social network.</p>
<p style="text-align: justify;">Among some of the modifications that she has carried out, the most outstanding is that of a <strong>new feed interface</strong>, which offers the content in full screen, very similar to the <strong>TikTok</strong> format.</p>
<p style="text-align: justify;">Also, the <strong>company recently tested</strong> a new option that converts all the <strong>videos</strong> that are published in this section, a strategy with which it hopes to &#8220;simplify and improve the video experience&#8221;, as confirmed by a Meta spokesperson.</p>
<p style="text-align: justify;">These changes, still in the testing phase and to which only some users have had access, have not been well received by the <strong>social network community</strong>, which indicates that the reels act to the detriment of the usual feed publications.</p>
<p style="text-align: justify;"><em>Click the link to subscribe for free to our news and media group on Telegram: <a href="https://t.me/G_ELSUMARIO_News" target="_blank" rel="noopener">https://t.me/G_ELSUMARIO_News</a></em></p>
<p style="text-align: justify;">Source: dpa</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/instagram-will-continue-to-prioritize-the-reels-strategy/">Instagram will continue to prioritize the reels strategy</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>World Bank approves 200 million dollars for Ecuador</title>
		<link>https://bitfinance.news/en/world-bank-approves-200-million-dollars-for-ecuador/</link>
		
		<dc:creator><![CDATA[María Belén]]></dc:creator>
		<pubDate>Sat, 18 Jun 2022 18:00:25 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[States & entities]]></category>
		<category><![CDATA[child malnutrition]]></category>
		<category><![CDATA[comprehensive benefits]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[ecuador]]></category>
		<category><![CDATA[Ecuador Grows without Malnutrition. MIES]]></category>
		<category><![CDATA[financing]]></category>
		<category><![CDATA[map]]></category>
		<category><![CDATA[Social Protection Systems]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[World Bank]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=82689</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="2047" height="1365" src="https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The World Bank approved a loan for 200 million dollars to support the chronic child malnutrition strategy in Ecuador" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador.jpg 2047w, https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador-768x512.jpg 768w, https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador-1536x1024.jpg 1536w" sizes="(max-width: 2047px) 100vw, 2047px" /></div><p>The Executive Board of the World Bank approved an additional credit for 200 million dollars to finance the Social Protection Systems project in Ecuador with the objective of reducing malnutrition in &#8220;pregnant women and children under 24 months through the provision of comprehensive service and benefit packages” With the new resources, it is planned to [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/world-bank-approves-200-million-dollars-for-ecuador/">World Bank approves 200 million dollars for Ecuador</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="2047" height="1365" src="https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The World Bank approved a loan for 200 million dollars to support the chronic child malnutrition strategy in Ecuador" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador.jpg 2047w, https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador-768x512.jpg 768w, https://bitfinance.news/wp-content/uploads/2022/06/Banco-Mundial-aprueba-200-millones-dolares-para-Ecuador-1536x1024.jpg 1536w" sizes="(max-width: 2047px) 100vw, 2047px" /></div><p style="text-align: justify;">The <strong>Executive Board of the World Bank</strong> approved an additional credit for <strong>200 million</strong> dollars to finance the Social <strong>Protection Systems project in Ecuador</strong> with the objective of reducing malnutrition in &#8220;pregnant women and children under 24 months through the provision of comprehensive <strong>service and benefit packages</strong>”</p>
<p style="text-align: justify;">With the new resources, it is planned to expand the Social Protection Systems project, which was approved last April 2019, and the implementation of the national strategy called <strong>&#8220;Ecuador Grows without Malnutrition.&#8221;</strong></p>
<p style="text-align: justify;">The project has allowed the delivery of the programs of the <strong>Ministry of Economic and Social Inclusion</strong> (MIES) to be more equitable, due to the optimization of the mechanism to select the beneficiaries in charge of the <strong>Social Registry</strong>, as well as the technical assistance to improve the effectiveness of programs through monitoring, evaluation and institutional strengthening.</p>
<h2 style="text-align: justify;">Improving living conditions</h2>
<p style="text-align: justify;">Simón Cueva, Minister of Economy and Finance, highlighted: “The Government of the Meeting works to improve the living conditions of the <strong>most vulnerable</strong> population of Ecuador. In this sense, these resources have as their main destination attacking one of the most pressing structural problems in the country, <strong>the fight against chronic child malnutrition”.</strong></p>
<p style="text-align: justify;">The financing is aimed at <strong>728 parishes</strong> in the country and will support the consolidation of a new institutional model, called the <strong>Permanent Update Model (MAP).</strong> That will facilitate the integration and dynamism of the social registry to other large national administrative databases. These activities will be carried out by the Ministry of Economic and Social Inclusion, the Ministry of Public Health and the Social Registry Unit.</p>
<p style="text-align: justify;">For her part, <strong>Marianne Fay,</strong> director of the World Bank for Bolivia, Chile, Ecuador and Peru, pointed out that Ecuador&#8217;s national strategy &#8220;<strong>grows without malnutrition</strong>&#8221; is implemented by the national executive to provide protection to the most vulnerable people in the &#8220;phase of recovery from Covid-19 to achieve the Sustainable Development Goals by 2030”.</p>
<p style="text-align: justify;">The additional loan was approved at a variable rate with a fixed spread, repayable over 18 years, including a 5-year grace period.</p>
<p style="text-align: left;">M. Rodríguez</p>
<p style="text-align: left;"><em>Click the link to subscribe to our news and media group on Telegram: </em><a href="https://t.me/G_ELSUMARIO_News" target="_blank" rel="noopener"><em>https://t.me/G_ELSUMARIO_News</em></a></p>
<p style="text-align: left;">Source: <a href="https://ecuador.un.org/es/183671-el-banco-mundial-aprueba-un-credito-por-us200-millones-para-apoyar-la-estrategia-de" target="_blank" rel="noopener">ecuador.ur.org.</a></p>
<p style="text-align: left;">
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/world-bank-approves-200-million-dollars-for-ecuador/">World Bank approves 200 million dollars for Ecuador</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>Russia increases its grain reserves by 20 %</title>
		<link>https://bitfinance.news/en/russia-increases-its-grain-reserves-by-20/</link>
		
		<dc:creator><![CDATA[María Belén]]></dc:creator>
		<pubDate>Wed, 01 Jun 2022 20:00:40 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[States & entities]]></category>
		<category><![CDATA[Arkady Zlochevsky]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[famine]]></category>
		<category><![CDATA[grain reserves]]></category>
		<category><![CDATA[grain union]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[sanctions]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[Turkey]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[wheat]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=81604</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1400" height="787" src="https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Arkady Zlochevsky stated that Russia has increased its grain reserves by 20 percent as a result of the sanctions imposed by the West" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales.jpg 1400w, https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales-1024x576.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales-768x432.jpg 768w" sizes="(max-width: 1400px) 100vw, 1400px" /></div><p>The president of Russia&#8217;s largest grain union, Arkady Zlochevsky, said his country has increased its grain reserves by 20 percent compared to last year as a result of sanctions imposed by Western countries.  &#8220;Our reserves are 20 % higher than last year&#8230; Instead of supplying the world market, we are filling our own reserves,&#8221; the [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/russia-increases-its-grain-reserves-by-20/">Russia increases its grain reserves by 20 %</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1400" height="787" src="https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Arkady Zlochevsky stated that Russia has increased its grain reserves by 20 percent as a result of the sanctions imposed by the West" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales.jpg 1400w, https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales-1024x576.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/06/Rusia-incrementa-en-20-por-ciento-sus-reservas-de-cereales-768x432.jpg 768w" sizes="(max-width: 1400px) 100vw, 1400px" /></div><p style="text-align: justify;">The president of <strong>Russia&#8217;s largest grain union, Arkady Zlochevsky</strong>, said his country has <strong>increased</strong> its <strong>grain reserves</strong> by 20 percent compared to last year as a result of <strong>sanctions </strong>imposed by Western countries.</p>
<p style="text-align: justify;"> &#8220;Our reserves are <strong>20 % higher</strong> than last year&#8230; Instead of supplying the world market, we are filling our own reserves,&#8221; the trade unionist pointed out.</p>
<p style="text-align: justify;">According to Zlochevsky, by June 30 Russia plans to export <strong>36 million tons of wheat</strong>, some four million tons less than its export potential.</p>
<p style="text-align: justify;">The war between <strong>Russia </strong>and <strong>Ukraine,</strong> both countries are responsible for producing a third of the world&#8217;s wheat, and the sanctions imposed by the <strong>United States</strong> and the <strong>European Union</strong> have caused a disruption in the delivery of &#8220;cereals and other basic products from these two countries, which raises fears of a global famine”.</p>
<h2 style="text-align: justify;">Information campaign increased wheat prices</h2>
<p style="text-align: justify;">According to Arkady Zlochevsky, “All the news hysteria about an impending <strong>famine</strong> only pushed up prices. (…) When the hysteria ends, prices will simply plummet. It is not the best <strong>strategy</strong>, and it can end badly.”</p>
<p style="text-align: justify;">The union representative believes that approximately 120 million tons of cereals will be harvested this year, of which 80 million tons correspond to<strong> wheat</strong>. However, the Russian Ministry of Agriculture had estimated 130 million tons.</p>
<p style="text-align: justify;">In Zlochevsky&#8217;s opinion, the quantities of Russian wheat destined for the European Union are very small and deliveries are made through the Middle East. “We have very important transit flows through Turkey and Iran, and they continue”.</p>
<p style="text-align: justify;">For many years, Egypt was Russia&#8217;s largest wheat importer, but was displaced by Turkey, which now ranks first, followed by Iran.</p>
<p>M. Rodríguez</p>
<p style="text-align: justify;"><em>Click the link to subscribe to our news and media group on Telegram: </em><a href="https://t.me/G_ELSUMARIO_Noticias"><em>https://t.me/G_ELSUMARIO_Noticias</em></a></p>
<p>Source: <a href="https://www.bancaynegocios.com/rusia-aumenta-sus-reservas-de-cereales-como-consecuencia-de-las-sanciones/" target="_blank" rel="noopener">bancaynegocios.com</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/russia-increases-its-grain-reserves-by-20/">Russia increases its grain reserves by 20 %</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>Cybersecurity, a strategic issue for organizations</title>
		<link>https://bitfinance.news/en/cybersecurity-a-strategic-issue-for-organizations/</link>
		
		<dc:creator><![CDATA[María Belén]]></dc:creator>
		<pubDate>Thu, 17 Mar 2022 20:00:56 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[2022]]></category>
		<category><![CDATA[CiberForum]]></category>
		<category><![CDATA[combat]]></category>
		<category><![CDATA[companies]]></category>
		<category><![CDATA[cybersecurity]]></category>
		<category><![CDATA[organizations]]></category>
		<category><![CDATA[pwc]]></category>
		<category><![CDATA[RiskIQ]]></category>
		<category><![CDATA[solutions to prevent]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[Uriel Naum Ávila]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=77570</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="700" src="https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones-.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Managers are assuming the importance of having cybersecurity solutions, becoming a strategic issue within organizations" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones-.jpg 1200w, https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones--300x175.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones--1024x597.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones--768x448.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Every day there are more companies and their managers who recognize the importance of having cybersecurity solutions, which is why it is no longer an area for specialists and has become a strategic issue within organizations. During next March 22 and 23, the event called CiberForum will be held in virtual format in Mexico, which [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/cybersecurity-a-strategic-issue-for-organizations/">Cybersecurity, a strategic issue for organizations</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="700" src="https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones-.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Managers are assuming the importance of having cybersecurity solutions, becoming a strategic issue within organizations" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones-.jpg 1200w, https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones--300x175.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones--1024x597.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/03/Ciberseguridad-un-tema-estrategico-para-las-organizaciones--768x448.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">Every day there are more companies and their managers who recognize the <strong>importance of having cybersecurity solutions</strong>, which is why it is no longer an area for specialists and has become a strategic issue within organizations.</p>
<p style="text-align: justify;">During next March 22 and 23, the event called <strong>CiberForum </strong>will be held in virtual format in Mexico, which aims to disseminate the <strong>new technologies</strong> existing in the market to face the <strong>digital risks</strong> presented by companies.</p>
<p style="text-align: justify;">In the event, more than 40 specialists will refer to the <strong>best practices</strong> and the different strategies that experts apply to <strong>combat and prevent</strong> the different <strong>cyber attacks</strong>, they assure that this problem, although &#8220;it cannot be avoided, it can be prevented and combated with strategic”.</p>
<p style="text-align: justify;">The companies MercaBien, Check Point, GS1, TotalPlay, Womcy, among others, will be participating in CiberForum 2022.</p>
<h2 style="text-align: justify;">Cyber ​​attacks cause millionaire losses</h2>
<p style="text-align: justify;">A study carried out by <strong>RiskIQ</strong> highlights that computers with Internet connections &#8220;face <strong>1.5 attacks</strong>&#8220;, which generate large losses of money for organizations. According to the publications made by <strong>PWC &#8220;</strong>information rescues have been around 70 million dollars&#8221; and the majority of companies (more than 50 %) estimate that by <strong>2022 &#8220;cyber attacks will reach record numbers&#8221;.</strong></p>
<p style="text-align: justify;">For the editorial director of CiberForum, <strong>Uriel Naum Ávila</strong>, “companies seek to move quickly towards <strong>digital, </strong>but they are not taking into account the security risks that such a dizzying <strong>transformation </strong>implies. From his perspective, cybersecurity is essential for companies at the moment, therefore, it is no longer just a matter of specialized areas, but a matter of strategy in organizations.</p>
<p>M. Rodríguez</p>
<p style="text-align: justify;">Source: <a href="https://mexico.quadratin.com.mx/ciberforum-presenta-estrategias-de-ciberseguridad-para-empresas/" target="_blank" rel="noopener">mexico.quadratin.com.mx</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/cybersecurity-a-strategic-issue-for-organizations/">Cybersecurity, a strategic issue for organizations</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>OPEC + will increase its production by 400,000 barrels per day</title>
		<link>https://bitfinance.news/en/opec-will-increase-its-production-by-400000-barrels-per-day/</link>
		
		<dc:creator><![CDATA[María Belén]]></dc:creator>
		<pubDate>Fri, 04 Feb 2022 18:00:40 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal & legislative]]></category>
		<category><![CDATA[States & entities]]></category>
		<category><![CDATA[allies]]></category>
		<category><![CDATA[crude oil]]></category>
		<category><![CDATA[extractions]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[omicron]]></category>
		<category><![CDATA[OPEC]]></category>
		<category><![CDATA[pandemic]]></category>
		<category><![CDATA[plan]]></category>
		<category><![CDATA[production]]></category>
		<category><![CDATA[strategy]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=75452</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1104" height="622" src="https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The OPEC+ group decided to increase production as of February 1 in order to continue with its plan to recover the global oil market" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios.jpg 1104w, https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios-1024x577.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios-768x433.jpg 768w" sizes="(max-width: 1104px) 100vw, 1104px" /></div><p>The ministers of the oil sector of the 23 countries that make up OPEC+ (OPEC and allies) decided to increase their oil production to 400,000 barrels per day during the month of February, despite the uncertainty that the world is experiencing as a result of the pandemic and the new omicron variant. This increase is [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/opec-will-increase-its-production-by-400000-barrels-per-day/">OPEC + will increase its production by 400,000 barrels per day</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1104" height="622" src="https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The OPEC+ group decided to increase production as of February 1 in order to continue with its plan to recover the global oil market" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios.jpg 1104w, https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios-1024x577.jpg 1024w, https://bitfinance.news/wp-content/uploads/2022/02/OPEP-aumentara-su-produccion-en-400.000-barriles-diarios-768x433.jpg 768w" sizes="(max-width: 1104px) 100vw, 1104px" /></div><p style="text-align: justify;">The<strong> ministers of the oil sector of the 23 countries that make up OPEC+</strong> (OPEC and allies) decided to increase their oil production to 400,000 barrels per day during the month of February, despite the uncertainty that the world is experiencing as a result of the pandemic and the new omicron variant.</p>
<p style="text-align: justify;">This increase is part of the plan established in 2021, when the organization established <strong>a monthly increase of 400,000 bpd</strong> <strong>from last August to September 2022,</strong> after evaluating the behavior of the sector. But to date the group has maintained the strategy, which is why as of February 1st, crude oil extractions will be located at <strong>40,894 million mbd.</strong></p>
<p style="text-align: justify;">A representative of the group pointed out: &#8220;It has been decided to maintain the current strategy&#8221;, after the virtual meeting where the ministers of the different countries that make up the group participated.</p>
<h2 style="text-align: justify;">OPEC+ continues to recover its production</h2>
<p style="text-align: justify;">The conclusions of the meeting of the OPEC + group did not bring surprises for the<strong> global oil market.</strong> In the group&#8217;s final statement, released to the media, they state: &#8220;In view of the current fundamentals of the oil market and the consensus on its prospects, the ministers certified the decision to adjust monthly global production upwards by 0.4 million barrels per day (mbd) in the month of February 2022.”</p>
<p style="text-align: justify;">OPEC will supply the market with some <strong>24,808 mbd.</strong> This figure does not include pumping from <strong>Venezuela, Iran and Libya</strong>. While 16,086 mbd will be contributed by the group of the ten allied independent producers, with <strong>Saudi Arabia</strong>, on behalf of OPEC, and <strong>Russia</strong>, a non-member, the largest producers and exporters of the group, standing at 10,227 mbd.</p>
<p style="text-align: justify;">M. Rodriguez</p>
<p style="text-align: justify;">Source: <a href="https://www.swissinfo.ch/spa/opep-reuni%C3%B3n_la-opep--aumentar%C3%A1-en-400,000-barriles-d%C3%ADa-su-producci%C3%B3n-petrolera -in-February/47237306" target="_blank" rel="noopener">swissinfo.ch</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/opec-will-increase-its-production-by-400000-barrels-per-day/">OPEC + will increase its production by 400,000 barrels per day</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>José Guerra: &#8220;It is necessary to create another currency in Venezuela&#8221;</title>
		<link>https://bitfinance.news/en/jose-guerra-it-is-necessary-to-create-another-currency-in-venezuela/</link>
		
		<dc:creator><![CDATA[María Belén]]></dc:creator>
		<pubDate>Tue, 27 Jul 2021 19:00:41 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal & legislative]]></category>
		<category><![CDATA[bolívar]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[economic policy]]></category>
		<category><![CDATA[hyperinflation]]></category>
		<category><![CDATA[international reserves]]></category>
		<category><![CDATA[josé guerra]]></category>
		<category><![CDATA[reconversión]]></category>
		<category><![CDATA[reforms]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[treasury]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=66348</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The economist José Guerra affirmed that the new currency should be anchored to the dollar until the country&#039;s economy recovers" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5.jpg 1200w, https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>The third monetary reconversion is imminent, but that strategy will not make citizens prefer the bolivar. This was stated by the economist and former deputy José Guerra, who also indicated the need to create a new currency. According to the expert, the new currency should be anchored to the dollar, while the economy recovers and subsequently [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/jose-guerra-it-is-necessary-to-create-another-currency-in-venezuela/">José Guerra: &#8220;It is necessary to create another currency in Venezuela&#8221;</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="800" src="https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The economist José Guerra affirmed that the new currency should be anchored to the dollar until the country&#039;s economy recovers" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5.jpg 1200w, https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5-1024x683.jpg 1024w, https://bitfinance.news/wp-content/uploads/2021/07/Es-necesario-crear-otra-moneda-en-Venezuela-5-768x512.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">The third <strong>monetary reconversion</strong> is <strong>imminent</strong>, but that strategy will not <strong>make citizens</strong> prefer the <strong>bolivar</strong>. This was stated by the economist and former deputy <strong>José Guerra,</strong> who also indicated the need to<strong> create a new currency</strong>.</p>
<p style="text-align: justify;">According to the expert, the <strong>new currency</strong> should be<strong> anchored to the dollar,</strong> while the economy recovers and subsequently it is<strong> necessary</strong> to progress to &#8220;a <strong>floating system</strong> on solid<strong> fundamentals</strong>.&#8221;</p>
<p style="text-align: justify;">As a consequence of the <strong>damage caused</strong> by the economic policies, especially between 2007 and 2020, the former deputy considers that it is impossible to restore the <strong>bolivar</strong>. He affirmed that, in<strong> financially</strong> <strong>unstable countries</strong>, the issuance of local currency must be <strong>supported by international reserves</strong> so that the public chooses to maintain it and that does not happen in<strong> Venezuela</strong>.</p>
<p style="text-align: justify;">According to the economist, it is <strong>imperative</strong> to defeat<strong> hyperinflation.</strong> This requires the design and application of an extensive program of <strong>economic and</strong> <strong>institutional reforms</strong> with external financing, in order to prevent the <strong>Central Bank of Venezuela (BCV)</strong> from continuing to increase the <strong>fiscal deficit.</strong></p>
<p style="text-align: justify;">&#8220;The most <strong>expeditious</strong> recipe for destroying a currency is for the <strong>central bank</strong> to use its issuing capacity to finance <strong>the treasury,</strong> a populism tool known as the<strong> inorganic</strong> <strong>issuance of money</strong> and it is the <strong>strategy</strong> most used by all countries that have suffered from<strong> hyperinflation&#8221;</strong>, Guerra concluded.</p>
<p style="text-align: justify;">M. Rodríguez</p>
<p style="text-align: justify;"><em>With information from national media</em></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/jose-guerra-it-is-necessary-to-create-another-currency-in-venezuela/">José Guerra: &#8220;It is necessary to create another currency in Venezuela&#8221;</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>Cuba includes bitcoin in its economic guidelines</title>
		<link>https://bitfinance.news/en/cuba-includes-bitcoin-in-its-economic-guidelines/</link>
		
		<dc:creator><![CDATA[Krystian Tovar]]></dc:creator>
		<pubDate>Thu, 22 Apr 2021 16:45:57 +0000</pubDate>
				<category><![CDATA[Cryptocurrencies]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[communist party of cuba]]></category>
		<category><![CDATA[cryptocurrencies]]></category>
		<category><![CDATA[Cuba]]></category>
		<category><![CDATA[díaz-canel]]></category>
		<category><![CDATA[digital assets]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[strategy]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=62020</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"></div><p>The Communist Party of Cuba (PPC) included bitcoin within the new guidelines drawn up for the 2021-2026 period, as indicated during the party&#8217;s VIII Congress. Mercedes López Acea, a member of said political group, was in charge of giving the announcement, adding that the objective is to &#8220;advance the study of cryptocurrencies in today&#8217;s economy.&#8221; [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/cuba-includes-bitcoin-in-its-economic-guidelines/">Cuba includes bitcoin in its economic guidelines</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"></div><p style="text-align: justify;">The <strong>Communist Party of Cuba (PPC)</strong> included bitcoin within the new guidelines drawn up for the <strong>2021-2026 period,</strong> as indicated during the party&#8217;s <strong>VIII Congress.</strong></p>
<p style="text-align: justify;"><strong>Mercedes López Acea,</strong> a member of said <strong>political group,</strong> was in charge of giving the announcement, adding that the objective is to &#8220;advance the study of <strong>cryptocurrencies</strong> in today&#8217;s economy.&#8221;</p>
<p style="text-align: justify;">At the moment there is no greater detail regarding this <strong>new strategy,</strong> but it is expected that this means that in the near future <strong>Cuba</strong> may open to the use of cryptocurrencies.</p>
<p style="text-align: justify;">As reported by <em><strong>Granma</strong></em>, the official newspaper of the only <strong>political party admitted to the</strong> <strong>island,</strong> in addition to cryptocurrencies, other &#8220;strategic issues for the nation&#8217;s progress were discussed.&#8221; Among them are &#8220;the economic management model, <strong>investment policy, science, technology, innovation,</strong> their impact on society and social policy.&#8221;</p>
<p style="text-align: justify;">K. Tovar</p>
<p style="text-align: justify;">Source: <a href="http://www.granma.cu/octavo-congreso-pcc/2021-04-18/economia-para-el-desarrollo-sostenible-y-la-defensa-de-cuba" target="_blank" rel="noopener">Granma</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/cuba-includes-bitcoin-in-its-economic-guidelines/">Cuba includes bitcoin in its economic guidelines</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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		<title>Walmart will create new job opportunities</title>
		<link>https://bitfinance.news/en/walmart-will-create-new-job-opportunities/</link>
		
		<dc:creator><![CDATA[Krystian Tovar]]></dc:creator>
		<pubDate>Thu, 04 Mar 2021 13:16:20 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal & legislative]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[strategy]]></category>
		<category><![CDATA[usa]]></category>
		<category><![CDATA[usa jobs]]></category>
		<category><![CDATA[Walmart]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=59763</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"></div><p>The hypermarket chain Walmart, the company with the highest turnover in the world, will allocate 350,000 million dollars to the purchase of products &#8220;manufactured, grown or assembled&#8221; in the United States over a period of 10 years, according to a statement. Walmart estimates that the acquisition of these products, intended for sale in its stores, [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/walmart-will-create-new-job-opportunities/">Walmart will create new job opportunities</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"></div><p style="text-align: justify;">The hypermarket chain <strong>Walmart,</strong> the company with the highest turnover in the world, will allocate <strong>350,000 million dollars</strong> to the purchase of products &#8220;manufactured, grown or assembled&#8221; in the <strong>United States</strong> over a period of 10 years, according to a statement.</p>
<p style="text-align: justify;">Walmart estimates that the acquisition of <strong>these products,</strong> intended for sale in its stores, will create <strong>750,000 jobs</strong> in the United States over the next few years.</p>
<p style="text-align: justify;">The company detailed that its efforts will focus on six main product categories: plastics, textiles, small appliances, <strong>processed food, medical and</strong> <strong>pharmaceutical goods</strong> and <strong>products</strong> for its own operations not intended for sales.</p>
<p style="text-align: justify;">The president and CEO of Walmart, <strong>John Furner,</strong> assured that this initiative will also imply a reduction in carbon dioxide (<strong>CO2</strong>) emissions of about <strong>100 million metric tons</strong>, due to the purchase of local products.</p>
<p style="text-align: justify;">K. Tovar</p>
<p style="text-align: justify;">Source: <a href="https://www.milenio.com/negocios/walmart-anuncia-plan-350-mil-mdd-reforzar-produccion-eu" target="_blank" rel="noopener">Milenio.com</a></p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/walmart-will-create-new-job-opportunities/">Walmart will create new job opportunities</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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