After a year of El Salvador implementing Bitcoin as a legal currency, people started to point out how it is the most unpopular policy of President Nayib Bukele.
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In recent days, the president of the Central Bank of Costa Rica (BCCR), Róger Madrigal, was consulted on the hypothetical dollarization of the Costa Rican economy and explained why it is not a beneficial option for the country.
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Despite decreases in land cultivation and production of soy, the crop’s total income generation increased by 17.1% this year in Argentina. The rise in crop prices explains this increase
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Cuba’s last two sugar harvests were the worst in the country’s history and raised concerns about the sugar industry.
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On Thursday, June 16, the International Day of Family Remittances was commemorated.
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Petrobras underwent a new change in leadership on Monday, June 20, increasing anxieties about unfavorable price policies in Brazil’s state-owned oil company.
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Inflation in Argentina has increased steadily over the past year and appears to be out of the government’s control. Several worrying consequences of this are increased food insecurity and poverty.
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Companies in the plastics, textiles, and food sectors have reported shortages.
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At the opening of the 5th Brazil Investment Forum (BIF 2022), Brazilian Minister of the Economy Paulo Guedes repeated his defense of the privatization of state-owned companies and insisted that Brazil represented one of the best destinations for private investment.
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Since June 9, 2021, when El Salvador approved a law to make Bitcoin legal tender, the government has purchased 2,301 Bitcoins, worth over 200 million USD.
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