El Salvador does not have its own currency, making financing growth difficult as debts soar to 90 percent of GDP.
While China has banned mining and trading Bitcoin, El Salvador’s President Nayib Bukele is pushing the use of the cryptocurrency in the hope that it will boost the economy.
Naeem Aslam, chief market analyst with AvaTrade, explains the case for and against El Salvador’s move to Bitcoin.
Meanwhile, Europe’s tech scene has long been in the shadow of Silicon Valley, but valuations are rising and more billion-dollar companies are being minted.
WeFox founder Julian Teicke tells us what is behind the Berlin-based Insurtech’s success.
Plus, Lamborghini’s chief executive Stephan Winkelmann on the last Aventador.