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Argentina’s Economy Minister, Sergio Massa, outlined the country’s plan to pay off its US$3.5 billion debt to the International Monetary Fund (IMF) due this week. He assured that no dollars from the country’s international reserves would be used in the transaction. This announcement follows the recent revision of the agreement with the IMF, which grants […]
In November, Brazil’s federal public debt surged to a record R$ 6.33 trillion ($1.31 trillion), marking a 2.48% rise from the previous month, October 2023. The rise of R$ 153.11 billion ($31.57 billion) is the highest ever in its history. The National Treasury reported this data on Wednesday (27 Dec). Public debt includes the government’s […]
Codelco, the Chilean copper mining giant, plans to produce 1.7 million tons of copper by 2030. Board Chairman Máximo Pacheco shared this during a Clapes UC seminar. “We’re concerned about the current drop in production, but it won’t continue,” he stated. He admitted to operational challenges. Productivity has dropped over the past two years. “We […]
The genetic testing company 23andMe, once a pioneer in consumer DNA testing, has filed for Chapter 11 bankruptcy amid financial struggles, a leadership shakeup and growing concerns about the security of its customers’ genetic data. Let’s take a look at the implications of this development and some steps to safeguard your sensitive information. Stay protected […]