In 2023, Brazil significantly reduced its natural gas imports to just 6.5 billion cubic meters, the lowest in 20 years. This trend of declining imports continued since 2015, except for a brief increase in 2021. The reduction aligns with Brazil's push to increase domestic natural gas production and pivot toward renewable energy sources. The National […]
Argentinians turn to crypto for dollars amid economic woes, with 60% of transactions seeking dollars over Bitcoin’s 13%. This move is a strategy against the peso’s fall and inflation rise. Bitso notes this shift towards dollar cryptos arises from the high inflation need to protect value. Julián Colombo from Bitso Argentina sees a rise in […]
Chinese investors and their financial backers are now selling global properties to maintain liquidity amid China’s growing real estate crisis. The sale prices of these properties will highlight the international implications of this sector’s challenges. Analysts note rising interest rates have cut commercial real estate values by a trillion dollars. Due to few sales, the […]
A recent study highlights that many Kenyans struggle to achieve financial stability as their earnings fail to rise in the face of increasing living costs. The Old Mutual Financial Services Monitor reveals that nearly all Kenyan consumers are earning the same or less than before the COVID-19 pandemic. This financial strain has reduced the use […]