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El Salvador has reformed its Bitcoin Law, shifting Bitcoin from mandatory legal tender to optional use after poor adoption rates. The reform, requested by President Bukele’s administration, was necessary to …
El Salvador Abandons Bitcoin as Legal Tender Following Failed Adoption Read More
The World Bank’s Malawi Economic Monitor stresses the urgent need for macroeconomic reforms to enhance economic recovery. Ongoing fiscal challenges and external shocks impede growth and investment. The mining sector …
Malawi Economic Monitor Urges Immediate Macroeconomic Reforms and Highlights Mining Potential Read More
Côte d’Ivoire is a model of economic growth in West Africa, achieving an average GDP growth of 6.4% and maintaining low inflation. Challenges such as informal employment and climate change …
Côte d’Ivoire’s Path to Economic Transformation and Climate Resilience Read More
Joseph Aoun has been elected as President of Lebanon, ending a two-year presidential vacancy. His election occurs amidst ongoing economic crises, stalled reforms, and regional geopolitical tensions. While international support …
Joseph Aoun Elected President, Ending Lebanon’s Presidential Vacuum Read More
El Salvador remains committed to Bitcoin, continuing to purchase it despite an IMF agreement. The government has accumulated over 6,000 BTC, focusing on economic improvements. While the Chivo wallet will …
El Salvador’s Determination to Embrace Bitcoin Despite IMF Constraints Read More
This week’s Latam Insights feature includes El Salvador’s ongoing bitcoin purchases in defiance of IMF recommendations, Argentina’s asset freeze involving Tether linked to a pyramid scheme, and concerns raised by …
Latam Insights: El Salvador’s Bitcoin Acquisitions and Argentina’s Tether Asset Freeze Read More
El Salvador’s bitcoin purchases continue despite IMF pressure; Argentina freezes $3.5 million in USDT tied to fraud; Brazilian Congresswoman warns against potential cash elimination with CBDC drex implementation. In recent …
Latam Insights: El Salvador’s Bitcoin Awakens Amid Regulatory Challenges Read More
In this week’s Latam Insights, El Salvador continues its Bitcoin purchasing spree despite IMF recommendations; Argentina freezes $3.5 million in Tether assets linked to a pyramid scheme, marking a significant …
Latam Insights: Bitcoin Acquisition in El Salvador, Tether Freeze in Argentina, and CBDC Concerns in Brazil Read More
In Pakistan, inflation peaked at 38% in May 2023 but dropped to 4.9% by mid-2024 after an IMF bailout. Despite lower inflation rates, the cost of living remains high, and …
Pakistan’s Economic Shift: Understanding (Dis)Inflation in 2024 Read More
Former Brazilian President Dilma Rousseff encouraged Uruguay’s membership in the BRICS New Development Bank during talks with President-elect Yamandú Orsi. The NDB offers favorable lending conditions without stringent requirements. While …
BRICS Bank Chief Advocates for Uruguay’s Membership During Montevideo Discussions Read More