
Why rampant capitalism is taking hold in Venezuela
A new neoliberal reality has emerged in the Chavist nation through the use of the US dollar, state controls being lifted and a new relationship with Washington
A new neoliberal reality has emerged in the Chavist nation through the use of the US dollar, state controls being lifted and a new relationship with Washington
Investors who felt invincible are now falling into red territory. ‘Many of these young entrepreneurs have spent their careers in a bull market, and have never heard of a down round. That’s about to change,’ says Professor Scott Galloway
The Special Anti-Corruption Prosecutor of the Attorney General’s Office is investigating former officials Guillermo Turrent and Javier Gutiérrez, while a US federal court is reviewing a related case opened by the state-owned firm
A report by the Tax Justice Network shows backsliding on transparency and international cooperation. The UK would top the list if its overseas territories were included
Expedia boss tops the list which also features Apple’s Tim Cook
Companies are rushing to develop a presence in the Web3 world, although its profitability is still unclear
The cryptocurrency – once considered a success story in the sector – collapsed within 72 hours, destroying the hopes of its many small-time investors
The Tesla founder has warned that the acquisition deal will be on hold until the social media company proves that less than 5% of users are fake
This concept greatly facilitates the lives of governments and central bankers. Unfortunately, it no longer holds
The state-owned firm is making the most of the international isolation imposed on its direct competitor, Russia, and raising production gradually
Now that a return of the enemy has been ruled out, the outskirts of the Ukrainian capital are focusing on reconstruction, reopening businesses and restoring utilities
The US government has announced additional steps to tackle the shortages, which have forced thousands of parents to travel miles in search of stock
The digital currency’s value has gone from $20 billion to nearly zero in a matter of days, and bitcoin has shed 17% in under a week
The sudden fall of the digital currency has raised concerns about its implications for other cryptocurrencies such as bitcoin
The White House has tried to reassure the public, stating that guaranteeing supply is its top priority
Spanish hedge fund manager Francisco Gordillo has teamed up with the ‘Alien’ and ‘Blade Runner’ director, who will produce the first film about digital assets
President Bukele shared illustrations and scale models of the metropolis, as credit rating agencies raise concerns about whether the country will be able to meet its debt repayment
Justin Trudeau’s government has proposed a two-year moratorium on foreign buyers to lower house prices but experts doubt the measure will have the desired effect
The Central American country made the cryptocurrency legal tender last year, but since then, it has continued to fall, raising concerns about whether it will be able to meet its next debt payment
To promote a more equitable distribution of income, efforts should focus on improving and reorienting the skills of the labor force
The financier, who is in hiding for fear of being assassinated, says he was forced to sell his 35% stake in the company in retaliation for calling out the ‘crazy war’
Moscow is extending its influence on the continent, where it benefits from a wave of growing disaffection towards the West
The coronavirus lockdown of Shanghai and the spike in cases in Beijing have led many entities to cut their growth prospects for the world’s second largest economy
Is the economy flying into a perfect storm, with Europe, China, and the United States all entering downturns at the same time later this year?
Workers at the facility voted against unionizing with the ALU, a result that is a setback to the mobilization efforts at the company
The US bank acknowledges the mistake caused Sweden’s benchmark OMX 30 to fall by 8% and spread to other exchanges, although these rallied back quickly again
Under the terms of the agreement, the Tesla founder cannot criticize the social media network while he completes the acquisition process