In recent years, Bolivia has been making significant strides in the industrialization of lithium, a valuable resource with vast potential for economic growth. President Luis Arce Catacora proudly announced that Bolivia has signed agreements totaling over $2.8 billion for the industrialization of lithium. These agreements involve partnerships with CITIC GUOAN from China and Uranium One…
Recently, the Banco Central de la República Argentina (BCRA) issued a regulation that prohibits payment service providers (PSPs) from conducting or facilitating transactions involving unregulated digital assets, including cryptocurrencies. According to the new rule, PSPs are not allowed to initiate or facilitate such operations through their own platforms or applications. The measure aims to mitigate…
The recent monetary policy statement released by the Central Reserve Bank of Peru (BCRP) provides insights into the decision to maintain the reference rate at 7.75%. This article will analyze the text from an economic perspective that emphasizes individual freedom, free markets, and limited government intervention. It will discuss inflation trends, global factors influencing inflation,…
The recent decision of the Board of Directors of the Banco de la República (Colombia’s Central Bank) to maintain the monetary policy rate unchanged at 13.25% requires careful analysis from an economic perspective that emphasizes individual freedom, free markets, and limited government intervention. This article will examine the elements considered by the Board in reaching…