Bosnian woman awarded ‘Green Nobel’ for fighting to save river

“I lost my job, I lost my friends, my daughter was bullied in school,” Bilal, a trained economist, said. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, […]

US retail sales take step back as spending pivots to services, trend remains strong

WASHINGTON, June 15 – U.S. Despite last month’s decline reported by the Commerce Department on Tuesday, the trend in retail sales remains strong. During the pandemic, demand shifted to goods like electronics and motor vehicles as millions of people worked from home, switched to online classes and avoided public transportation. There were also declines in […]

EXCLUSIVE El Salvador bitcoin transfers soar, but still a fraction of dollar remittances

Monthly bitcoin transfers of under $1,000 – a proxy for money sent to the country from Salvadorans working abroad – totalled $1.7 million in May compared to $424,000 year earlier, U.S. El Salvador is heavily reliant on remittances. The sharp increase in bitcoin transfers mirrors trends across Central America, the data showed, one of the […]

Development bank backs El Salvador bitcoin law; says debt still in dollars

Mossi also called on El Salvador’s government to develop a regulatory framework to control who is using bitcoin and prevent “bad actors” who take advantage of the system’s anonymity. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. …Read the full […]