Argentina Financial News

Lionel Messi's Inter Miami teammate Facundo Farias has revealed that his wife was against the idea of joining him Inter Miami and moving to the US. He has already scored three goals and an assist in his first 10 games in Major League Soccer. The early signs have indicated that the attacking midfielder could prove himself to be an incredibly astute addition to the Herons. But it was not a smooth beginning.

By Clara Denina, Divya Rajagopal and Julian Luk

Indonesia is in discussions with Australia about a possible joint bid to host the 2034 World Cup along with Malaysia and Singapore, the president of the country's football federation (PSSI) said on Wednesday. World football's governing body FIFA invited member associations from Asia and Oceania to bid for the rights to the 2034 edition last week. «We are discussing (a bid) with Australia,» PSSI President Erick Thohir was quoted as saying by the Sydney Morning Herald. «When I visited Malaysia and Singapore both countries expressed interest to join Indonesia and Australia.» When asked for comment on a possible joint bid, Football Australia referred Reuters to a statement last week that said it was «exploring the possibility of bidding for the 2029 FIFA Club World Cup and/or the FIFA World Cup 2034». The PSSI has not responded to a Reuters request for comment. After announcing Spain, Morocco and Portugal would host the 2030 World Cup, with Uruguay, Paraguay and Argentina staging the opening games, FIFA invited Asia and Oceania to bid for 2034. Saudi Arabia quickly announced its intention to bid for the hosting rights and FIFA have set a deadline of Oct. 31 for other interested parties to make their intentions known. With Qatar having hosted the 2022 edition, Thohir said it might be too soon for the World Cup to return to the Middle East. «We are quite strong,» he said.

BUENOS AIRES (Reuters) — The Argentine peso weakened to a historic low of 1000 pesos per U.S. dollar in the informal parallel market on Tuesday, according to traders, as inflation in the Latin American nation remains in triple-digit territory.

Brazilian police officers and Interpol have swooped on a gang of suspected gun-toting crypto thieves, arresting seven people.

Gaza Strip after the Hamas group launched a deadly rocket attack on Israel that killed over 1,000 people and left hundreds injured. Dozens of foreigners have been killed, injured, or taken hostage during a surprise attack on Israel by the Palestinian militant group Hamas. Many of the missing foreigners were at an electronic music festival in the southern Israeli desert, at which scores of revelers were massacred.

Rapidly rising Treasury yields have brought back fears of a potential wave of defaults across emerging markets, with investors questioning which countries struggling with heavy debt loads will miss payments or be forced to restructure first.

Argentina’s central bank has expressly backed Sergio Massa’s bid to roll out a Central Bank Digital Currency (CBDC) if elected President.

Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina, the country’s central bank, publicly supported the Minister of Economy Sergio Massa in his promotion of central bank digital currency (CBDC) as a remedy for the national economy. 

The Inter-American Development Bank (IDB) and the Cambridge Centre for Alternative Finance (CCAF) have jointly released a report that provides growing trends in the cryptocurrency industry in Latin America and the Caribbean.

The Stellar Development Foundation, developers of the Stellar network, released a financial inclusion framework for judging the efficacy of emerging market blockchain projects. The framework was developed in cooperation with consultants PricewaterhouseCoopers International (PwC) and was explained in a white paper published on September 25. 

Many central banks and governments around the world want to kick their dollar addiction. They aren’t getting very far—except when forced. The percentage of official foreign-exchange reserves allocated to U.S.

Argentina’s presidential candidate, Sergio Massa has touted a Central Bank Digital Currency (CBDC) to solve the country’s worsening inflation crisis.

oil trading at $100-a-barrel next year? Because a triple-digit price tag wouldn’t just mean elevated energy prices — it would also turbocharge the dollar. The combination of expensive barrels and a rampaging greenback could make crude a wrecking ball in 2024 that keeps inflation high enough to destroy growth around the world. The more oil soars, the pricier the dollar is likely to be, creating a pernicious feedback loop.

Cryptocurrencies have come a long way since the inception of Bitcoin in 2009. From being viewed as a mere experiment, they have become a mainstream asset class with a market capitalization of over $2 trillion. However, as the popularity of cryptocurrencies continues to grow, so does the scrutiny surrounding their environmental impact. 

Argentinian presidential candidate Sergio Massa has pledged to launch a central bank digital currency (CBDC) if elected to “solve” Argentina’s long-lasting inflation crisis.

A leading Argentinian presidential candidate says he will launch a CBDC if he is elected – putting him on a collision course with a pro-Bitcoin dollarization advocate.

Online bookmaker Betr has begun the slow process of paying tens of millions of dollars to its customers after the young start-up’s 100-1 promotion caused the largest payout in sports gambling history.

CNBC report. Other than falling trend of travelling in many countries, leisure travelling continues to be popular in countries like China, Mexico, Japan, and Brazil, reported CNBC citing Morning Consult’s “The State of Travel & Hospitality" study published in September. At the global level, the falling interest in travelling in most of the countries can be explained by the fading away of the phenomenon of ‘revenge travelling’.

The Canadian Bitcoin (BTC) mining firm Bitfarms has been actively scaling operations, significantly increasing the amount of mined BTC last month.

Over 214 million Brazilians will soon be using blockchain technology for digital identity, the government recently announced.