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Argentina Eases Currency Controls Ahead of $20 Billion IMF Agreement

Ahead of a $20 billion IMF agreement, Argentina has announced a significant change in its foreign exchange policy, lifting longstanding currency contr

Ahead of a $20 billion IMF agreement, Argentina has announced a significant change in its foreign exchange policy, lifting longstanding currency controls. In place of the previously strictly regulated regime, the central bank will permit the peso to fluctuate within a moving range of 1,000 to 1,400 pesos per dollar. Argentina will also remove the "dollar clamp" and other limitations on access to foreign currencies that have restricted financial transactions. To recapitalise the central bank and stabilise reserves, the IMF accord calls for an initial $12 billion transfer. In contrast to Argentinas prior monetary policies, officials anticipate that these actions will increase investment and economic growth. Read More..

B2B Tech News | 3 months ago        

South African Businesses Brace for VAT Hike Starting May 1, 2025

Businesses in South Africa are bracing for a twoyear, onepercentagepoint increase in VAT scheduled to take effect on May 1, 2025. The 15% increase wil

Businesses in South Africa are bracing for a twoyear, onepercentagepoint increase in VAT scheduled to take effect on May 1, 2025. The 15% increase will especially impact small businesses, resulting in price adjustments and declining profit margins. Despite government efforts to increase the number of zerorated items, economists caution that the tax increase may reduce consumer expenditure, impacting middle and lowerincome households. The surge occurs during a difficult period when trade uncertainties, power outages, and economic instability burden firms. While some businesses see potential for adaptation, others worry that the tax burden would make an already precarious economy even more financially burdensome. To counteract such disruptions, business leaders are requesting incentives and regulatory help. Read More..

B2B Tech News | 3 months ago        

Luxon Advocates for CPTPP and EU Collaboration Amid Global Trade Disruptions

In light of the interruptions to global commerce brought on by U.S. tariffs, New Zealand Prime Minister Christopher Luxon is scheduled to meet with fo

In light of the interruptions to global commerce brought on by U.S. tariffs, New Zealand Prime Minister Christopher Luxon is scheduled to meet with foreign leaders to support rulesbased free trade. The Comprehensive and Progressive Agreement for TransPacific Partnership CPTPP will be strengthened, and Luxon intends to explore cooperation with the European Union. He stressed the significance of standing up for the institutions that support New Zealands economic interests. Later this month, Luxon is scheduled to travel to the United Kingdom to meet with Prime Minister Keir Starmer to address geopolitical, trade, and security issues. This programme is an example of New Zealands proactive approach to fostering international collaboration and overcoming trade obstacles. Read More..

B2B Tech News | 3 months ago        

EU Approves $23 Billion in Retaliatory Tariffs on U.S. Goods

With a target value of $23 billion, the European Union has authorised its first round of retaliatory taxes on U.S. imports. A reaction to U.S. tariffs

With a target value of $23 billion, the European Union has authorised its first round of retaliatory taxes on U.S. imports. A reaction to U.S. tariffs on European steel, aluminium, and other goods, these measures include taxes ranging from 10% to 25%. The European Union maintained that these countermeasures are required to safeguard its economic interests, although it nevertheless emphasised its preference for negotiated solutions. The tariffs will be applied gradually beginning on 15 April and may be halted in the event that a fair deal with the United States is struck. This action demonstrates how the two economic powers trade tensions are growing. Read More..

B2B Tech News | 3 months ago        

India and Russia Agree on Six Strategic Projects to Boost Bilateral Investment

To strengthen their bilateral investment cooperation, India and Russia have reached an agreement on six important new projects. When the IndiaRussia W

To strengthen their bilateral investment cooperation, India and Russia have reached an agreement on six important new projects. When the IndiaRussia Working Group on Priority Investment Projects IRWGPIP met for the eighth time in New Delhi, this decision was made. The meeting reviewed previous sessions results and concentrated on promoting joint projects in areas of shared interest. The two countries reiterated their dedication to deepening economic relations and extending investment cooperation. Over 80 companies, including financial institutions and entrepreneurs, participated in the IndiaRussia Investment Forum that followed the conference. Read More..

B2B Tech News | 3 months ago        

Anthropic Launches $200 Claude Max Plan for Power Users in Generative AI

Anthropics Claude chatbot, which caters to power users who need strong generative AI capabilities, has a $200 monthly subscription option. The $20 Pro

Anthropics Claude chatbot, which caters to power users who need strong generative AI capabilities, has a $200 monthly subscription option. The $20 Pro plans usage limitations are doubled with this new "Max" package, which also gives you priority access to Anthropics newest models and features. This move is perceived as a direct response to ChatGPT Pro, a $200/month service offered by OpenAI. Anthropic intends to serve professionals in domains like marketing, financial services, and coding, highlighting the expanding need for cuttingedge AI solutions across multiple industries. This programme showcases Anthropics efforts to increase its market presence and the competitive environment of generative AI. Read More..

B2B Tech News | 3 months ago        

Thailand Welcomes U.S. Tariff Pause as Opportunity to Refine Trade Strategy

Thailand sees the U.S. decision to halt tariffs as a chance to improve its response tactics, and it has welcomed the move. Finance Minister Pichai Chu

Thailand sees the U.S. decision to halt tariffs as a chance to improve its response tactics, and it has welcomed the move. Finance Minister Pichai Chunhavajira stressed the significance of tackling nontariff trade barriers and maintaining a balance in commerce between the two countries. While looking into ways to expand its export markets, Thailand intends to increase its imports of American goods, including machinery and agricultural items. The U.S. Trade Representative and the government are negotiating to lessen the impact of the 36% tariff on Thai imports. Thailand now has a critical window of opportunity to create policies that could improve its trade standing and lessen its economic risks. Read More..

B2B Tech News | 3 months ago        

Foxconn Eyes Collaboration with Nissan to Expand EV Ambitions

According to Jun Seki, Foxconns Chief Strategy Officer for EVs and a former senior Nissan official, Foxconn has indicated an interest in working with

According to Jun Seki, Foxconns Chief Strategy Officer for EVs and a former senior Nissan official, Foxconn has indicated an interest in working with Nissan on EVs. Although there isnt a formal engagement going on right now, Seki highlighted Foxconns compatibility with Japanese automakers, especially Nissan, as a potential strength. Additionally, Foxconn is looking into more extensive alliances with Nissan, Mitsubishi Motors, and Honda. The business is also completing an agreement with Mitsubishi to provide EVs to markets in Oceania. This programme demonstrates Foxconns calculated effort to increase its market share in the electric vehicle industry and fortify its relationships with major Japanese automakers. Read More..

B2B Tech News | 3 months ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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