Currently, four legislative bills in Brazil’s House of Representatives aim to phase out the use of physical cash. These bills advocate for all financial transactions to be solely digital. The demand for physical currency has been dwindling. The Central Bank’s issuance of new banknotes has decreased by 38% since 2020, coinciding with the introduction of […]
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Venezuela expresses firm commitment to joint reforestation of the Amazon region
The Venezuelan government, led by President Nicolás Maduro, has expressed its commitment to working with the Amazon Cooperation Treaty Organization (ACTO) to preserve the Amazon rainforest. President Maduro emphasized the need for institutions from the eight ACTO member countries to unite and cooperate in protecting the region’s vegetation. President Maduro called for comprehensive reforestation efforts […]