Economy
Binance CEO : There's no threat to crypto from central banks' plan to launch digital currencies
Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology and bui…
Economy
The World is Drifting Toward a Debt Crisis, But it's Not Too Late for Richer Countries to Stop it
Countries across the world are drifting towards a debt crisis . Economic slowdowns and rising inflation have increased demands on spending, making it…
Economy
Fed keeps focus on US economy as the world tilts toward a recession
The U.S. Federal Reserve holds inordinate sway over the world’s economies – yet it acts, in some ways, like they don’t really matter. Its power is …
Economy
El Salvador’s Bitcoin experiment has proven a spectacular failure
A year ago, El Salvador became the first country to make Bitcoin legal tender – alongside the US dollar, which the Central American country adopted…
Economy
The First Bitcoin ATM.. The Craving for Cryptocurrency Arrives in Honduras
The first cryptocurrency ATM opened in Honduras this week, as bitcoin backers called for spurring demand for virtual assets after neighboring El Sa…
Economy
The U.S. is holding its largest sale of oil from strategic reserves in 7 Years
The U.S. intends to sell the largest amount of strategic oil reserves since 2014, at a time when expectations for demand for fuel are declining wit…
Economy
Bitcoin soars to $50,000 for the first time since May 15
The price of the cryptocurrency Bitcoin rose to $50,000 for the first time since May 15, according to trading data. And the bitcoin currency grew d…
Economy
Debate Over Cryptocurrency Taxation Threatens To Derail $1 Trillion Infrastructure Bill In The U.S
A bid to pass a major infrastructure bill worth nearly $1 trillion has stalled in the US Senate after a fierce debate erupted over how to tax crypt…
Economy
U.S. Department of Energy Expects Oil Prices to Remain at $72 a Barrel Until November
The Energy Information Administration of the US Department of Energy expected oil prices to remain at the level of $72 a barrel until next November…
Economy
IMF Nations Approve Record $650 Billion to Boost Global Economy
Member nations approved the biggest resource injection in the International Monetary Fund’s history, with $650 billion meant to help countries deal…
Economy
Gold Is Heading For The Best Weekly Gain In More Than Two Months
On Friday, gold is set to achieve its best weekly performance in more than two months due to renewed indications that the US Federal Reserve may be…
Economy
Bloomberg: The White House Weighs Digital Trade Deal to Counter China in Asia
Sources told "Bloomberg" that the White House is working on preparing a digital trade agreement that includes the economies of India and …
Economy
Sterling Rises, Supported by British Gov Plans to End COVID-19 restrictions
The British pound rose on Monday as British Prime Minister Boris Johnson announced plans to fully reopen the economy later this month, despite a ju…
Economy
Facebook's market Rises To $1 Trillion For First Time After Judge Rejects Monopoly Complaints
A U.S. judge on Monday dismissed federal and state antitrust complaints against Facebook Inc that sought to force the social media company to sell In…
Economy
Vaccine profits: Making Billions Of Dollars In Profits From A Killer Virus
Washington - Press reports indicated that the American companies "Pfizer" and "Moderna" could reap more than $50 billion in fin…
Economy
The Global Asset Price Bubble Heralds An Economic Collapse
It seems that politicians and economists have not learned many lessons from the bursting of the US real estate and credit bubble in 2008, which exp…
Economy
Inflation Threatens the Global Economy After Major Support and Stimulus Plans
The global economy witnessed the fastest rise in inflation since 2008, with trillions of dollars spent in the form of stimulus packages from govern…
Economy
Oil prices rise as US inventories fall
Oil prices rose on Wednesday, while the price of Brent crude rose for the fifth consecutive session, as sentiment improved on the back of falling i…
Economy
UK and Australia Agree First Post-Brexit Ambitious Free Trade Deal
Britain and Australia announced a free trade deal on Tuesday which the British government hailed as an important step in building new trade relatio…
Economy
El Salvador First Country to Make Bitcoin Cryptocurrency Legal Tender
El Salvador has become the first country in the world to adopt bitcoin as legal tender that can be used for payment, after Congress approved Presid…
