Search

Nalezeno "US Economy": 2116

Bad Loans at Big British Banks Jump Over 50% in a Year


Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. At the same time, low interest rates...

More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses


The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....

Is China’s New Fascination With Blockchain Really Good for Bitcoin?


Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...

South Korea to Shug off WTO’s ‘Developing Nation’ Tag


In a new development that could set a precedent for many other countries, the government of South Korea today announced that it is going to voluntarily drop the ‘developing’ nation tag at the World Trade Organization. Over the years, there has been a lot of discussion about the fact that there...

Germany’s Financial Crisis Invokes 5-Year Rent Freeze


All eyes are on the German economy which was once perceived as stable and strong. However, the financial state of affairs has been tumultuous and Berlin’s state cabinet recently agreed to a five-year rent freeze to help curb the rising housing costs in the country. Moreover, Bundesbank just...

Bitcoin.com Acquires Blockchain Software Startup O3 Labs


Bitcoin.com has announced the acquisition of blockchain startup O3 Labs, the Tokyo-based software company that specializes in developing gateways to the digital economy. The deal will see O3 absorbed into Bitcoin.com, forming a single team dedicated to creating tools for realizing the full...

Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show


Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for...

Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary


Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition....

The Fed Plans to Inject $60 Billion per Month Into the Economy


On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until...

IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR


Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....

More Nations Join the Club of Crypto-Friendly Jurisdictions


Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. Also read: Ukraine in a Rush to Legalize...

Nahoru
Tento web používá k poskytování služeb a analýze návštěvnosti soubory cookie. Používáním tohoto webu s tímto souhlasíte. Další informace