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Pressure Rises on Chinese Economy as Industrial Profits Shrink for April
27.5.2019
The downturn in the Chinese economy and the shrinking of domestic demand has been one of the biggest stories in international economics for the better part of a year. In addition to that, the turmoil brought upon by the damaging trade war with the United States has had its own effect on...
Traders Are Now Banned From Using Localbitcoins Exchange in Iran
24.5.2019
Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade...
Russian State-Owned Holding Giant Proposes to Apply DLT in All the Gov’t Data Systems
24.5.2019
Russian state-owned holding conglomerate Rostec proposes a $1.3 billion-worth plan to apply blockchain in all the state data systems
Business Morale in Germany Dips in May and Escalates Growth Concerns
23.5.2019
Over the past decade or so, Germany grew at a breakneck pace as it went on to become one of Europe’s and the world’s strongest economies. However, as everyone knows, a country cannot go on growing economically indefinitely, and it seems that Germany is now at that stage. The rate of growth...
Despite Pain in China, Jaguar Manages to Post a Quarterly Profit
22.5.2019
There was a time when British companies used to rule the world, but over the years, some of the nation’s most successful companies have struggled during heightened competition and iconic car manufacturer Jaguar is certainly one of them. The economic slowdown in China over the past few months...
Colombo Port to be built by Japan and India, Undermining China’s Belt and Road
21.5.2019
China’s rising influence in Asia and other parts of the world through its Belt and Road initiative has not gone unnoticed. The infrastructure program has come in for a lot of criticism from many nations as they claim that the whole thing is a plan from the Chinese to become one of the most powerful...
As HSBC Guns for More Market Share, More Tech Jobs To Come Up in China
21.5.2019
HSBC Holdings is one of the largest banking giants in the world and over the course of its history; the bank has always had a strong presence in Asia. However, the lender is not going to rest on its laurels and is looking to further consolidate its presence in the continent by adding as many...
Senior Official in Russian Parliament Says That Cryptos Can Ruin Governments
20.5.2019
A senior official in Russia's parliament has argued that cryptocurrencies have the potential to ruin governments
After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter
19.5.2019
When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t...
European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
17.5.2019
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
CEO of Burger King’s Parent Company Looks for Long Term Growth in China as Slowdown Hits
16.5.2019
China is the world’s second-largest economy and over the past decade, some of the biggest companies in the world have flocked to the nation in order to meet the insatiable demand for all sort of products and fast food was business certainly one of them. Burger King remains one of the best known...
Japan Considering Downgrading Its Economy As Per Direct Sources
16.5.2019
A Japanese government source said that the government might downgrade the economic outlook for its country as the factory output and exports fall due to the ongoing trade war with the U.S. and China. The report which will be released next week is also fueling speculation that Prime Minister Shinzo...
Indonesia To Invest A Massive $412 Billion On Rebuilding The Country
16.5.2019
Indonesia President Joko Widodo’s is planning to make a huge investment of $412 billion on rebuilding the country’s infrastructure. It is also thought of as being a strategy to boost the country’s economy beyond Java, which is its nerve-center. The plan is to build newer power plants, upgrade...
Trade War With China Is Good For GSP Countries As Per Report
15.5.2019
The Generalized System Of Preferences is an initiative of the US trade preference program, which gives the third world countries a chance to grow their economy and move out of poverty. As per reports, in the ongoing trade war with China, the GSP countries seem to have an advantage. Some of...
Asian Stocks Show Upward Trend as Trade War Worries Ease
15.5.2019
The US President Donald Trump seems to have softened his stand and is looking for a compromise from China that resulted in the Asian stocks rising from a 14 week low. The Asian stocks also rode high on the optimism that the Beijing government will inject more stimulus to the Chinese economy as they...
PR: Bitcoin.com Partners With Travala.com to Boost Bitcoin Cash Adoption
15.5.2019
The partnership will see Travala.com integrated in the official Bitcoin.com wallet with almost 4 million usersLondon, United Kingdom –– April 30, 2019 — Travala.com, - leading blockchain travel booking platform, has announced a partnership with Bitcoin.com to empower millions of travelers to save...
From Crypto Winter to DeFi: A Year of Loss and Opportunity
13.5.2019
The year since the last Consensus event wasn't just a crypto winter. It also included impressive progress in blockchain evolution, writes Michael Casey
U.S. Stock Futures Fall After Trump Hikes Tariffs
11.5.2019
Trump who had tweeted on Sunday about a possible hike in tariffs on Chinese products worth $250 billion has carried out his threat. It has not only increased the tension between the two countries but also impacted the global economy. Though the shares in Asia held on, the U.S. stock futures fell...
Digital Gold: A Game-Changer for Traditional and Digital Currencies
4.1.2019
Disruption of the global monetary order Trust in currencies is vital for the global economy to function. In the past, when metal money was prevalent, people exchanged gold and silver coins because they were inherently valuable. By contrast, today’s paper […]
The post Digital Gold:...
Airdrops Are a Marketing Ploy (And That’s OK)
12.11.2018
A currency is nothing if not widely used, and that can't be achieved unless people make some cost-incurring effort to encourage widespread usage