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5 days ago | 
bitcoininsider.org | Noris Soto
The post LATAM crypto news: Meli Dólar debuts in Chile, and Bolivia quits its plan to buy fuel with cryptocurrency appeared first on Invezz Disclaimer The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. The information provided in this article does not constitute financial, investment, or trading advice.
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5 days ago | 
invezz.com | Noris Soto
The crypto ecosystem in Latin America is constantly developing and diverse. This week, the fintech business Mercado Pago has announced the introduction of its cryptocurrency “Meli Dólar” in Chile, a stablecoin meant to track the value of the US dollar. Bolivia, on the other hand, announced that it would abandon plans to purchase fuel with cryptocurrency in the midst of an energy crisis.
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6 days ago | 
invezz.com | Noris Soto
Globalization has long been regarded as an unstoppable wave in the world of international trade and cooperation, promoting economic growth and cultural exchanges all over the world. However, in recent years, several obstacles have emerged that threaten to undercut decades of development.
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6 days ago | 
invezz.com | Noris Soto
The International Monetary Fund (IMF) will lower its global growth predictions due to rising trade tensions and market volatility, but no global recession is likely, Managing Director Kristalina Georgieva said on Thursday. Georgieva spoke at the IMF headquarters in Washington ahead of next week’s IMF and World Bank spring meetings, emphasising the economic cost of what she described as a global trade system reboot.
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6 days ago | 
invezz.com | Noris Soto
Petrobras, Brazil’s state-run oil giant, has announced that the price of diesel sold to distributors will be reduced by an average of 0.12 real ($0.0205) per litre beginning Friday. According to Reuters, the move follows recent drops in global oil prices and comes only two weeks after US President Donald Trump announced tariffs on several countries on April 2, causing additional uncertainty in global energy markets.
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1 week ago | 
invezz.com | Noris Soto
Brazil’s government has flagged rising risks tied to public debt renegotiation, with a record level projected for 2025 as a larger portion of debt remains exposed to short-term interest rates. In a fiscal risks annex to the 2026 budget guidelines bill submitted to Congress on Tuesday, the Treasury estimated that 62.1% of federal public debt will be sensitive to short-term rate changes this year, the highest level since the data series began in 2008.
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1 week ago | 
invezz.com | Noris Soto
The Bank of Canada on Wednesday kept its key policy rate unchanged at 2.75%, marking its first pause after seven straight reductions. According to a statement released by the bank on Wednesday, this decision was made amid heightened economic uncertainty resulting from major shifts in US trade policy and concerns about inflation. The central bank also stated that uncertainty surrounding US tariffs has made it impossible to provide standard economic forecasts at this time.
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1 week ago | 
invezz.com | Noris Soto
In a letter dated March 31 to the US Commerce Department, the Chilean government defined its anti-tariff position, emphasising the importance of trade relations between the two countries. This correspondence was recently made public on a US federal website, revealing a clear message from Chile’s ambassador to Washington, Juan Valdes, as per a Reuters report.
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1 week ago | 
invezz.com | Noris Soto
Canada’s annual inflation rate decreased to 2.3% in March, down significantly from the previous month. A softer-than-expected inflation reading modestly raised the probability of a rate cut at Wednesday’s policy decision, though market consensus continues to lean toward a pause. Copy link to section According to Statistics Canada data, the surprise decline in inflation was driven mostly by lower gasoline and travel tour prices. On a monthly basis, the inflation rate increased by only 0.3%.
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1 week ago | 
invezz.com | Noris Soto
Argentina’s currency and bond market reacted sharply as the country announced a major new financing deal with the International Monetary Fund (IMF) valued at $20 billion. According to Reuters, the agreement, which involved the removal of significant currency and capital controls, reignited optimism from investors and led to a jump in the bond market. This backdrop has partially accelerated Argentina’s economic stabilisation efforts, driven by President Javier Milei.
