2021

Ayuso will sell taxation and “standard of living” in the US to invest in Madrid

“Ayuso said that she will meet tomorrow with investment funds such as Black Rock, A Plus Capital and Torino Capital to encourage them to invest in the community”.

Market Research Telecast, September 26, 2021 – EEUU

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El Salvador bond spreads widen sharply after reelection ruling, bitcoin move

“The risk of fiscal unsustainability could increase as fiscal revenues would be exposed to the evolution of the exchange rate USD/Bitcoin,” said Fabiano Borsato, chief operating officer at Torino Capital in New York.

Reuters, September 10, 2021 – New York

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El Salvador becomes a crypto laboratory with bitcoin gamble

“If, for example, taxes are paid in cryptoassets, while expenditures remain primarily in dollars, there would be significant pressure on the exchange market, and on the level of international reserves,” Torino Capital said in a note.

Financial Times, September 06, 2021 – El salvador

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Hyperinflation, US dollars pricing out Venezuelan consumers

“In 2019, when (the use of) the dollar was still restricted, with $100 dollars you could make a complete market run, and you still had plenty. Currently, the basic basket is around $390 (a month),”

APNEWS, August 11, 2021 – EEUU

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Tracking Sovereign Adoption of Bitcoin: A Potential Tipping Point?

Sugar exports to China rose 105% year-on-year in 2020, Torino Economics reported on June 11, 2021

ETF Trends, June 20, 2021 – EEUU

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Ecuador Socialist Candidate Soothes Investors at New York Meeting

“Andres Arauz, the socialist candidate who won the first round of Ecuador’s presidential election had a meeting with investors in New York this week to try to persuade them not to panic if he wins.”

Bloomberg, Febrero 17, 2021 – Ecuador

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