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Moody’s Predicts Downturn for Argentina’s Economy
At an online forum, Moody’s official Juan Fuentes announced the firm’s projection of a 3% contraction in Argentina’s economy this year. He also mentioned that consumer prices might rise above 300%. This high inflation is partly due to currency value falling after Javier Milei won the presidential race. Milei’s policies are making prices go up, […]
Dollar Dips Slightly Amid Inflation Data, Brazil Sees Unexpected Inflation Rise
The US dollar saw a modest decline against the Brazilian real this Tuesday. The slight drop reflects steady investor expectations regarding the Federal Reserve’s anticipated easing of monetary policy, even after US inflation data showed an increase. The spot rate of the US dollar ended 0.08% lower at 4.9750 reais, while on the B3, the […]
Worldcoin and the Struggle to Overcome Orb Shortage
In the evolving landscape of cryptocurrency, Sam Altman’s Worldcoin presents a unique venture, captivating the market with its innovative approach to digital identity. Utilizing a device called the “Orb,” Worldcoin scans users’ iris to create a secure, unique identifier for each individual. This biometric method not only enhances security but also paves the way for […]