Over nine percent Record inflation in the euro countries

Over nine percent Record inflation in the euro countries

The price increase in the euro currency area climbed to a record high in August. Goods and services rose in price by more than nine percent on average. Inflation in the eurozone passed the nine percent mark in August. Consumer prices in the 19 countries that use the euro as their currency climbed 9.1 percent over…

How do interest rate hikes in the US affect Brazilian investors?

How do interest rate hikes in the US affect Brazilian investors?

On July 27th, the Fed‘s Monetary Policy Committee unanimously decided to increase the basic interest rate in the United States by 0.75 percentage points, to the range 2.25%-2, 5% a year, in an attempt to hold back inflation. The bank will not consider stopping raising the basic interest rate in the United States until inflation…

Iran wants to pay for imports with cryptocurrency

Iran wants to pay for imports with cryptocurrency

United States sanctions have weighed heavily on the Iranian economy for years. In order to circumvent them, the Islamic Republic now wants to carry out an import transaction with a cryptocurrency for the first time. Iran placed its first cryptocurrency import order this week, officials said. This is reported by the semi-official agency Tasnim. The order is…