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CoinDesk reports Bitcoin’s price surged to $99,744.78 on January 16, 2025, marking a 3.28% increase in 24 hours. The cryptocurrency rebounded from Monday’s $89,000 low, reclaiming its $1.9 trillion market valuation. Positive inflation data released on January 15 fueled the rally, pushing Bitcoin close to the $100,000 milestone.
Analysts attribute
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Read more: Bitcoin Nears $100,000 as Inflation Data Sparks Rally
Write comment (96 Comments)The Swiss monetary giant UBS has actually changed its global equity list, lowering direct exposure to significant tech business and increasing allocations to semiconductor firms. This relocation shows the bank's continuous optimism about artificial intelligence's long-term development potential.UBS thinks about AI the most impactful innovation in human history, in spite of recent
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Read more: UBS Reshapes Global Stock List, Cuts Big Tech for Semiconductor Bets
Write comment (94 Comments)The Brazilian aviation sector faces a potential shake-up. Azul and GOL, two major airlines, are exploring a merger. This news comes from a recent memorandum of understanding signed yesterday by Abra, GOL’s parent company, and Azul.
The proposed merger would create a dominant force in Brazilian skies. Together, Azul and GOL transported 57.4 million
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Read more: Azul-GOL Merger Would Create LatAm’s Largest Airline with 60% Market Share in Brazil
Write comment (94 Comments)The Ibovespa index jumped over 3,000 points following U.S. inflation data that increased expectations for further interest rate cuts by the Federal Reserve.
On Wednesday, the Brazilian stock market closed with a 2.81% gain, reaching 122,650.20 points. This surge reflected broad investor enthusiasm, with only two stocks in the index closing lower.
The
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Read more: Ibovespa Surges Nearly 3% as U.S. Inflation Data Fuels Rate Cut Speculations
Write comment (93 Comments)The Central Reserve Bank of Peru (BCRP) reported that the nationwide economy likely closed 2024 with a development of 3.2%. This forecast follows a difficult year in 2023, where Peru faced an economic downturn with a contraction of 0.4%. November's information from the National Institute of Statistics and Informatics (INEI) exposed an appealing boost of 3
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Read more: Peru's GDP Grows 3.93% in November Amidst Economic Recovery
Write comment (91 Comments)Colombia’s exports to the United States reached an impressive $13.106 billion by November 2024, marking a significant 7.6% increase from the previous year.
This growth occurs just as Donald Trump prepares to take office again, raising questions about future trade relations. The main products driving this export surge include crude oil, gold,
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Read more: Anticipating Trade Policy Shifts: Colombia’s Exports Rise Before Trump’s Return
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