According to statements by Prime Minister Daniel Risch to the German newspaper Handelsblatt, the Liechtenstein government plans to accept bitcoin as payment for state services. According to Risch, the proposal provides for the immediate exchange of any cryptocurrency received for Swiss francs, to avoid exchange rate risks. In addition, itContinue Reading
Ending deforestation for fines this decade would likely cost more than $130 billion a year, according to the report by a group of financiers, energy industry executives and academics. The Energy Transitions Commission, which counts senior employees from BP PLC and Black Rock Inc. among its members, said the analysisContinue Reading
Colombia shows GDP growth with 3% for the first quarter of the year, ranking sixth below Spain and Mexico, which registered 3.8%. It should be noted that the highest growth in its GDP was Indonesia, with 4.8%, followed by China, with 4.5%, and Costa Rica, with 4%. According to Andrés Langebaek,Continue Reading
As reported by The Tampa Herald news agency, on Saturday the Council of Ministers of China declared that it will promote the recovery of consumption as the main engine of the economy and boost imports, at a time of cooling global demand in which Major economies are teetering on theContinue Reading
It was reported this Monday that retail purchases in the United States in the well-known «holiday season» between November 1 and Christmas Eve increased by 7.6%, compared to the same period in 2021, despite the strong inflation. A lower rate than last year, when spending grew by 8.5% compared toContinue Reading
The ties that bind the global economy together and deliver wealth in abundance around the world are collapsing at a disturbing rate. Russia’s war and China’s Covid Zero lockdowns are impeding supply chains, holding back development and pushing inflation to its limits. They are the reasons why Bloomberg Economics determinedContinue Reading