Latin America’s largest lender, the Inter-American Development Bank (IADB), voted on Friday (March 15) to replace President Nicolas Maduro’s representative with that of opposition leader Juan Guaido, according to a report by Reuters. The move, which is seen as a setback for Maduro’s government, makes...
Ecuador announced last week that it needs to borrow more than $1.1 billion from international lenders as the country tries to fix its deficit. The Financial Times reported that one of the loans includes $500 million from a repurchase agreement with U.S.-based Goldman Sachs. The country’s...
July 08, 2019
European Central Bank (ECB) Executive Board Member Benoit Coeure has asked financial regulators to create a framework for crypto projects ahead of Facebook’s launch of its own digital currency, Libra. “It’s out of the question to allow them to develop in a regulatory void for their financial service activities, because it’s just too dangerous,” Coeure […]
March 15, 2019
Latin America’s largest lender, the Inter-American Development Bank (IADB), voted on Friday (March 15) to replace President Nicolas Maduro’s representative with that of opposition leader Juan Guaido, according to a...
September 03, 2018
Ecuador announced last week that it needs to borrow more than $1.1 billion from international lenders as the country tries to fix its deficit. The Financial Times reported that one...
