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Venezuela Minimum Wage Risen 18-Fold, Pegged to Cryptocurrency Petro
The government will achieve this by pegging the pay to half the value of the government’s cryptocurrency Petro. President of Venezuela Nicolas ... Still, due to its pricing and volatility ... Read More
Colombia expels Argentine diplomats after Milei calls Petro ‘terrorist murderer’ in CNN interview
The Colombian government has ordered the expulsion of all Argentine diplomats from the country’s embassy in Bogotá following a CNN interview in which the Argentine president called his Colombian ... Read More
Argentina accuses Venezuela of cutting power to its embassy after meeting with opposition leaders
Argentina on Tuesday accused Venezuela of cutting the electricity supply to its embassy in Caracas after the diplomatic mission hosted a meeting with the country’s opposition leaders, the latest sign ... Read More
Economy News
Colombia policy lurches chill investment, risk economic growth By Reuters - Mar 21, 2024 By Nelson Bocanegra BOGOTA (Reuters) - Colombian President Gustavo ... by raising its policy rate on ... Read More
US and UK investigate Russia's $20bn cryptocurrency transactions
The United States and the United Kingdom have commenced an investigation into cryptocurrency transactions worth over US$20 billion conducted through a Russian stock exchange. Source: Bloomberg Details ... Read More
Economic News
Investing.com -- Wall Street remains on track for a positive month and quarter, but troubled retailer GameStop slumped after reporting weak holiday quarter ales. The Japanese yen ... Read More
Bitcoin hits record high. Here's what's driving up the price.
told CBS News in December, when the cryptocurrency broke $41,000, which was its highest value in 19 months at the time. "It doesn't mean the crypto is going to skyrocket and stay high," Maidan said. Read More
Why bad news for the economy can be good news for stocks
Good news for the economy can be bad news for stocks, thanks to a weird quirk of market logic. Positive economic developments such as strong GDP growth, robust employment gains, and mild inflation ... Read More
Why So Many Are Upset With Our Economy
The economy is troubled too. The broad measures of economic health typically trotted out are gross domestic product and the unemployment and inflation rates, but these figures often seem at odds ... Read More
Rosy economic news could prolong elevated mortgage rates
Good news! The national economy is growing; unemployment is low; corporate revenues are up. For housing and mortgage professionals, however, these apparent boons spell trouble. They signal that ... Read More
Albany News
'Like the big brother': Credit union merger built on long relationship © 2024 American City Business Journals. All rights reserved. Use of and/or registration on any ... Read More
Economy News
Russia is expanding economic and trade ties with Cuba as over 100 companies ... Elizabeth Warren says. She wants its CEO to face Congress. Since student-loan payments resumed, borrowers serviced ... Read More
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