The Colombian president, Gustavo Petro, proposed to his US counterpart, Joe Biden, to take to the International Monetary Fund (IMF) the proposal that the states exchange public debt for climate actions, in an effort to tackle the environmental crisis at a global level.
"We talked about how to…
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United States
Tesla to build battery factory in Shanghai
The American company Tesla, led by Elon Musk, will build a new factory for energy storage batteries in Shanghai. It is estimated that the works begin in the third quarter of the year.
Tesla has a first plant of megapacks, as it is called…
Russia closes gap with the United States in Bitcoin mining
The United States currently remains at the top of Bitcoin mining. However, this situation could change due to the turbulence in this sector, in addition to the banking crisis, and catapult Russia to the first place.
China remained the main…
The United States and the EU will jointly face disturbances in the energy market
Global energy markets already have a defense front, after the United States and the EU in Brussels reiterated that commitment.
In said meeting, representatives of both parties promised to face any attempt to destabilize the market,…
FTX Europe launches asset return plan to local users
FTX Europe announced on March 31 that it will return funds to local users. Only users who opened their accounts at FTX.com/eu in 2022 will be able to benefit from this measure.
Clients, according to the subsidiary, will first receive an…
South Korea exempts chip manufacturing and investment from taxes
South Korea's National Assembly has passed its own law to boost the country's semiconductor industry through tax breaks for manufacturers and investors, following a similar initiative by the United States.
The proposal, which has gone…
First-Citizens Bank buys failed Silicon Valley Bank
First-Citizens Bank & Trust Company has reached an agreement for the acquisition of all the deposits and loans of Silicon Valley Bridge Bank, the entity created by the Federal Deposit Insurance Corporation (FDIC) of the United States,…
Investors rotate their funds amid the banking crisis
The banking crisis caused a reorganization of the investments of the investors in the last two weeks. According to EPFR data obtained by the Financial Times, more than $286 billion has been invested in US money market funds in March.
The…
United States evaluates payment of taxes by NFT
The payment of taxes for collectibles, such as stamps, sooner rather than later will reach non-fungible tokens (NFT), according to the advances in this regard by the US Department of the Treasury and the Internal Revenue Service (IRS).
The…
Florida to ban CBDC adoption
Florida is working on new legislation that prohibits the use of any central bank currency, or CBDC, as a measure to protect citizens from state control.
Florida Governor Ron DeSantis said Monday: “Unlike a decentralized digital currency or…
ECB coordinates with central banks of the world liquidity of dollars until April
The most recent banking crisis has led the European Central Bank to coordinate a plan that guarantees dollar liquidity, for now, until the end of April.
The ECB is working with the Fed, the central banks of England, Canada and Japan, as…
Elon Musk asks to lower interest rates by 50 basis points
The magnate and co-founder of Tesla, as well as owner of the social network Twitter, Elon Musk, believes that the United States Federal Reserve should undertake a drop of half a percentage point in the reference interest rate at its meeting…