Moody's warned that bank delinquency continues to rise and focused on the risk of easing dollar credits
Moody's has raised concerns about the increasing bank delinquency in Argentina, cautioning that this trend could continue and that easing restrictions on dollar credits could expose the financial system to greater risks.
Man convicted in RJ for million-dollar scam against INSS is arrested in gypsy camp in ES
A man convicted of defrauding Brazil's social security system was apprehended in a gypsy camp in Espírito Santo after causing significant financial damages.
PGR defends itself against Mendonça's criticism regarding the arrest order for Vorcaro: without 'option to be unconsidered'
The Attorney General of Brazil, Paulo Gonet, defended his actions in the investigations of a billion-dollar fraud involving Banco Master, emphasizing that criminal cases should not be treated lightly and responding to criticisms from Supreme Court Justice André Mendonça.
Dollar deposits reach a record since Convertibility, but banks say that savings 'under the mattress' have not yet arrived
Dollar deposits in Argentina have hit a historic high of over $39 billion, but banks indicate that savings held outside the banking system have yet to be brought in.
'The system encourages the emergence of new Vorcaros,' says expert
Banker Daniel Vorcaro was arrested for the second time in connection with alleged billion-dollar frauds against Brazil's financial system, alongside other co-conspirators.
Supervielle is the first private bank to enable dollar deposits under the Tax Innocence Law and boosts its offerings with yields
Supervielle becomes the first private bank in Argentina to facilitate dollar deposits under the newly enacted Tax Innocence Law, enhancing its investment options with competitive yields.
Poland Launches Almost Billion-Dollar Device – NATO's Eastern Border is Now Better Protected
Poland is investing nearly a billion dollars in a new radar system named 'Barbara' to enhance NATO's eastern border defenses.
Poland to deploy a nearly billion-dollar system – NATO's eastern border now better protected
Poland is investing nearly a billion dollars in a new radar system named Barbara, which utilizes high-altitude balloons for unprecedented protection against low-flying threats along NATO's eastern border.
If the won weakens, national pension performance bonuses will rise... The government will revise the compensation system
The South Korean government plans to revise the performance evaluation system for the National Pension Service to exclude exchange rate influences amid high won-dollar exchange rates, addressing concerns that the current system incentivizes poor investment decisions.
Moscow prepares proposals paving the way for its return to the dollar payment system
Moscow is formulating proposals that may lead to its return to a dollar payment system as part of a broader economic partnership with the Trump administration.
TCE suspends multimillion-dollar bidding in Teresópolis after notice appeared in the system for R$ 1.26
The TCE suspended a R$ 13 million bidding process by the Teresópolis City Hall due to irregularities, including a drastically incorrect published value of R$ 1.26.
Another carrot to get dollars out of the mattress: the interest generated will not pay taxes
A new regulation in Argentina exempts interest on foreign currency deposits from income tax, encouraging citizens to formalize their dollar holdings.
US is ‘main enemy of the dollar’ – ex-IMF director
Former IMF director Paulo Nogueira Batista Jr. claims that the U.S. is undermining the dollar by weaponizing it, which erodes trust in the currency and the global financial system.
Milei's Government Launches New Exchange Rate Scheme While Seeking Resources to Pay Debt Expirations
Javier Milei's government has introduced a new exchange rate scheme amid critical conditions for obtaining currencies to meet debt maturities, with the peso depreciating against the dollar under a modified floating system.