Report: Bank of Spain Worried About Inflation and Its Consequences in Latam
The Bank of Spain has issued a new report about the performance of Latam economies during the first six months of the year. The document states that the current inflationary development that several countries of the region have can lead to institutional instability, even as the region is still recovering from the Covid-19 pandemic. Bank of Spain Report Founds Latam Is Still Vulnerable The Bank of Spain has recently issued a report where it examines the economic situation that Latam as a whole is going through after the Covid-19 pandemic. The report, which explains how the economy....
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Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are said to be the countries more affected by this phenomenon, and their recovery will depend on other factors to attenuate the effects of inflation.
Moody’s States Latam Spending Recovery Might Be Hampered by Inflation
Inflation is becoming a problem in several countries of Latam and the world, putting a dent in the recovery predictions of many countries after the Covid-19....
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind of support behind them — can introduce systemic risks via their adoption by traditional institutions and the lack of regulation over them.
Crypto Assets Could Cause Systemic Risks According to the Bank of Spain
The Bank of Spain has issued a new report where it warns about the....
Contrary to many financial institutions, analysts at Deutsche Bank have warned of global consequences that will stem from fiat inflation.
A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed declared having used a stablecoin to make a payment.
Mastercard Report Finds Latam Is Fertile Ground for Payment Digitization
A report issued recently by Mastercard has revealed that Latam is fertile ground when it comes to adopting new payment systems. The report, titled New Payments....
A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge of $320 billion or an approximate 5% of its GDP, in the next 10 years. This is the biggest percentage share of GDP of the regions in the study’s projection.
Analysis Group’s Metaverse Report
The metaverse is becoming a subject of intense focus in crypto and business at large, and many companies are already projecting the impact that it....