Posted on

In Global Slowdown, China Holds Sway Over Countries’ Fates

BEIJING — When Suriname couldn’t make its debt payments, a Chinese state bank seized the money from one of the South American country’s accounts.As Pakistan has struggled to cope with […]




Posted on

How Argentines Cope With Inflation That’s 64% and Rising

As countries across the world try to cope with rising prices, there is perhaps no major economy that understands how to live with inflation better than Argentina.The country has struggled […]




Posted on

Mobile users are now spending 4-5 hours per day in apps

Although the mobile app boom driven by pandemic lockdowns has long since passed, consumers’ mobile usage is still growing. According to new data released today by app intelligence firm data.ai […]




Posted on

Mudafy raises $10M in Founders Fund-led Series A to fix LatAm’s ‘broken’ real estate process

Mudafy, a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. Founded in mid-2019, […]




Posted on

Gradient Ventures backs Mentum’s goal to democratize investment services in LatAm

Investment in stocks or retirement accounts can seem like a complicated process if you are not sure where to begin. Mentum is out to change that in Latin America, and […]




Posted on

NetWalker ransomware operator extradited to the US, over $28M in bitcoin seized

A former Canadian government employee accused of carrying out dozens of ransomware attacks has been extradited to the United States, with more than $28 million in bitcoin seized in connection […]




Posted on

Critics Say I.M.F. Loan Fees Are Hurting Nations in Desperate Need

At a time when the coronavirus pandemic is fueling a rapid rise in inequality and debt, a growing number of policymakers and economists are pressuring the International Monetary Fund to […]




Posted on

As Western Oil Giants Cut Production, State-Owned Companies Step Up

Kuwait announced last month that it planned to invest more than $6 billion in exploration over the next five years to increase production to four million barrels a day, from […]




Posted on

China roundup: Tesla supplier CATL to buy Canada’s Millennial Lithium

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. China’s […]




Posted on

Newtopia closes first fund of $50M to invest in LatAm startups

Early-stage venture capital fund Newtopia VC launched Monday with $50 million to invest in tech startups based in Latin America. The fund will invest between $250,000 and $1 million in […]