China will continue to be Latin America's main trading partner after the pandemic, according to a Coface report, which indicates that Latin American exports to the Asian giant are strongly concentrated in agri-food products in Argentina and Ecuador, metals in Chile and Peru, and the energy in…
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BitPay and Verifone alliance will allow bitcoin payments in US merchants
BitPay and Verifone launched a new solution that will allow merchants in the United States to accept payments with bitcoin and other cryptocurrencies, thereby aiming to increase their customer base and promote crypto acceptance while being…
Economic confidence in the euro area suffers the first fall of the year in August
Confidence in the evolution of the euro zone economy registered a moderate correction in August from the maximum of the last 21 years registered last July. It represents the first setback in the figure so far this year, before supply chain…
Russia and Saudi Arabia to use artificial intelligence to explore oil and gas
Russia's Deputy Prime Minister Alexander Novak, in charge of the negotiations in the OPEC + alliance, reported on the new initiative undertaken in conjunction with Saudi Arabia to use artificial intelligence in the oil and gas exploration…
Developing countries should invest $ 1.2 trillion in social protection
The International Labor Organization reported this Friday that by 2020, developing countries should invest approximately 1.2 trillion dollars, which is equivalent to 3.8% of their GDP on average in order to guarantee basic income security…
The Bahamas plan to launch its own cryptocurrency in October
The Bahamas "Sand Dollars Project" pilot was tested in 2019 and rated a "success". The country's central bank now plans to launch its own CBDC for next October.
If all goes well, The Bahamas would manage to position itself as the first…
Dash creates alliance to offer crypto payments in Venezuela
Dash, thanks to an alliance with Piiddo, launched an initiative that will give 273 businesses the possibility to accept cryptocurrencies as a form of payment in Venezuela.
The Piiddo platform handles a good number of payment options.…
Japanese economy contracts 0.9 % the first quarter of this year
Japan entered a phase of economic recession, greater than last year, after reaching 0.9 % in the first quarter of 2020, as reported by official sources on Monday.
"We think that the worst is yet to come, with the state of emergency in…
South Korean ministers pro bitcoin commercialization
Ministers of the South Korean presidential committee have asked the Asian government to allow the commercialization of bitcoin in the territory. They say that this measure could improve considerably in the services offered by the large…
Eurozone trade surplus grew by 23.5%
The eurozone's trade balance advanced 23.5% in August, reaching a surplus of 14.7 billion euros, according to international trade data for goods published this Wednesday by Eurostat, the community statistical office.
Specifically, exports…
Thomas Cook bankruptcy hits tourism industry
This Monday the British tour operator Thomas Cook declared bankruptcy. As a consequence, an average of 600,000 people have been stranded worldwide due to suspension of flights from the group's airline.
One of the most affected countries…
Eurozone trade falls 0.6%
Trade between the 19 countries of the euro zone registered an annual fall of 6.6% last June, to 160,487.4 million euros, which represents the greatest weakening of trade within the eurozone since March 2013, as reflected in the data…