THE specter of “stagflation” threatens the world again. This time, the risk is the direct consequence of political provocations and war, and not simply because of inexorable economic forces.
Stagflation?…
Female manager selling cryptocurrency via mobile phone app. Stock market, investment and ... concept of cryptocurrencies
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The other week brought a curious explosion of a section of the online…
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. Cryptocurrencies are decentralized, which means that they are not subject to the control of the…
Chakhawat Hossain |
Published:
March 27, 2022 9:01:23 p.m.
Cross-border payments are not settled in banknotes. Settlement is effected through netting agreements entered into by overseas peer banks where resident banks…
Ensuring a successful career in the biggest financial market requires the right approach, a proven strategy, proper research and market knowledge. However, as a beginner in this field, in addition to choosing the best forex…
Millions of new investors joined the ranks of their more experienced peers in self-trading last year. Online brokers have had to juggle two distinct customer bases, providing everything from the most basic primers to the most complex…
ECONOMYNEXT - Sri Lanka should set up a currency board to halt further currency slides, US economist Steve Hanke has said as the island's currency plummeted from 203 to 290 to the US dollar in an attempt to float the…
Thailand's Securities and Exchange Commission (SEC) on Wednesday announced a ban on the use of cryptocurrencies and other digital assets as means of payment.
Trading in digital currencies will continue to be permitted, but only as assets.…
Blockchain infrastructure platform Coinbase Cloud on Tuesday announced the launch of a suite of developer tools to support the growth of the Avalanche ecosystem – both the smart contract platform and the blockchain.Avalanche developer…
The Swedish Riksbank, established in 1668 with a charter to lend funds to the government and act as a clearinghouse for commerce, is recognized as the world's first central bank. In 1694, the Bank of England was founded. In addition to…
Two people posted videos accusing TikToker social justice Lance Tsosie of cheating.
The internet quickly turned on him and his accusers, prompting backlash and…
Many Nigerians who depend on banks to meet their foreign currency needs could face tough times very soon as some lenders have introduced more restrictions on end-users' access to dollars through their local currency debit cards.!-->…
Last week, the European Parliament's Economic and Monetary Affairs Committee voted in favor of a new draft Framework for Crypto Asset Markets (MiCA).
It promises to make it easier for!-->…
The local Saudi market is experiencing growth in business activity and an increase in demand for food and consumer goods, informed sources told Asharq Al-Awsat.The surge in demand coincides with the advent of Islam's holy…
FundsJoy is a personal loan website with loans from $200 to $5000.
Designed to be quick and simple, FundsJoy lets you fill out a form in 10 minutes and receive a loan within 24 hours or one business day.
Does FundsJoy live…
LONDON, March 18 (Reuters) - The Chinese yuan is not yet in a great position to absorb a significant share of global central bank reserves if other central banks were to be unnerved by the freezing of Russian assets abroad.…
American basketball star Brittney Griner appeared in a Russian court via video link to challenge whether her arrest for drug trafficking was legal, the first step in what is expected to be a long journey through the Russian justice system.…
Russia faced a crucial bond payment on Wednesday that could lead the sanctioned country to default for the first time since 1998, and its first major international default since the Bolshevik Revolution a year ago. century.Moscow was to…
As an investor, it is always crucial to take your time in determining an appropriate investment. There is a wide range of assets such as stocks, precious metals, cryptocurrencies and hedge funds. All of these investments have their pros…
As originally conceived, the concept is only really applicable in the United States, where the "exorbitant privilege" of dollar hegemony gives the federal government a more or less unlimited possibility of borrow from the rest of the world…
Overview
The following discussion should be read in conjunction with our consolidated
financial statements and notes to those statements and other financial
information appearing elsewhere in this Form 10-K. The following discussion…
The US Dollar (USD)/Indian Rupee (INR) should be trading in a high zone, but ideally the 23-year average should not be above 76-78 for 1 USD, with an appreciation bias , according to a report by the State Bank of India's Economic Research…
by Satavisa Pati
March 14, 2022
Technology offers immense possibilities for a successful future. People are more and more inclined to use advanced technologies as the world turns into a technological hub. This increases investors'…
The United States sits atop a horizontal empire, the self-organizing, incentive structure of capitalism with its layers of value. This is not the Marxist porridge of “to each according to his needs”. You have to earn your place. Think of…
The social media video of Finance and Civil Service Minister Dr Nigel Clarke and his barber Paul which was filmed at Gordon House last Tuesday was political theatre. The objective: to give elected officials and citizens a…
THE conventional concept of warfare is the use of military weapons - tanks, artillery, air strikes, infantry, ships. Besides the possibility of nuclear weapons, however,…
As the headlines came in fast and furiously, we've compiled a list of the most relevant announcements by index providers across all asset classes. Investors in ETF products may also be interested in our recent blog What the removal of…
Putin sees 'some positive changes' in talks with UkraineThe MSCI stock index is expected to fall 4.7% this weekThe ruble strengthens in offshore tradingMar. 11 - Most emerging market currencies rose on Friday after Russian President…
Some of the biggest hedge funds are reportedly increasing their cryptocurrency holdings.The list includes names like Brevan Howard Asset Management LLP and Tudor Investment Corp, according to the the wall street journal.“More crypto than!-->…
Most Nigerians are cynical about their country. So I hear most people asking if the country's economy hasn't already been destroyed. Well, my message has always been that our nation is what we make it.…
With the growing awareness of gold investing, investors and the general public are increasingly interested in knowing more about the origins, history, gold standards, etc. precious metals to better understand the market and make informed…
The following is a direct extract from Marty's Bent Issue #1174: "Trust is reevaluated in real time." Subscribe to the newsletter here.What a time to live. The world is currently witnessing the revaluation of confidence in global markets!-->…
Cryptocurrency exchanges and financial services companies will likely no longer be able to accept transactions made with many major credit cards after the companies cease operations for Russian-based users.On Saturday, Visa, Mastercard and…
By Joanne Faulkner (March 8, 2022, 17:47 GMT) -- A judge ruled Tuesday that Amigo Loans will be allowed to present two revised restructuring plans to creditors for a vote, days after Britain's financial regulator said it would had no…
MANILA, Philippines — Philippine dollar reserves rose slightly in February as gold holdings at Bangko Sentral ng Pilipinas rose in value as prices rose.
What's new
Gross international reserves stood at $107.98 billion at the end of…
International Women's Day has been celebrated on March 8 every year since 1977. This year's theme is: "Gender equality today for a sustainable future". We discuss nine female entrepreneurs who have found success in the crypto space on…
Ten years ago, it was clothing lines. More recently it was wine. But the Burgundies and Bordeaux are two years ago. The off-court obsessions of generously paid NBA players often follow popular trends. But the last cannot be drunk, nor…
Maybe nation states aren't the best way to organize money. So what is the alternative?
Last year I wrote that an economy that is a network of cities will require different services and financial institutions from those based on national…
MANILA, Philippines — The peso could weaken further to 52 to the dollar as global oil prices continue to rise amid Russia's invasion of Ukraine and steadily rising consumer prices .
After weakening further last week, BDO chief market…
Putin's war
Daniel Leal, AFP via Getty Images
In just one week, Russian President Vladimir Putin has caused hundreds of deaths and wreaked havoc on the lives of millions. He also started the destruction of the…
IIt would have seemed far-fetched to assert in 2009 that the nascent cryptocurrency technology would, in less than twenty years, become a major political force that countries would use and fight against in times of peace and in times of…
Russia on Friday blocked the websites of several international and local media as the government cracked down on coverage of the invasion of Ukraine. State media watchdog Roskomnadzor told the Interfax news agency it had banned the websites…
The writer is an investment director at GAMThe implosion of Russian financial markets following the invasion of Ukraine is not the first crisis to hit emerging markets. It won't be the last either.Ever since emerging markets were…
Find out how media update Lara Smit deciphers the meaning of cryptocurrency here.
1. What is cryptocurrency?
A cryptocurrency is a digital currency that is distributed by crypto owners on the internet. It exists on the basis of a consensus…
He said the sanctions against Russia were very effective and disrupted Russia's financial system and crippled its central bank's ability to protect the country's currency, the rouble.
Trading volumes between the cryptocurrency Tether…
Bitcoin is the most valuable and well-known cryptocurrency with the highest volumes in circulation – but it's far from the only crypto worth watching.As crypto becomes more mainstream, new digital currencies continue to appear and have…
By Dipo Olowookere
The Nigerian Stock Exchange (NGX) ended the last trading session of February 2022 on a high note with marginal growth of 0.14% on Monday.
Buying pressure, particularly on Okomu Oil, Ecobank, Zenith Bank,…