Search
Book Your Participation for World Digital Economy Summit 2020!
6.3.2020
Jordan Economic Forum brought you the 1st Blockchain and Fintech Conference 2018 and the 2nd Blockchain and Fintech Conference 2019 in the past. This year 12th Jordan Economic Forum will gather forces to bring you World Digital Economy Summit 2020. Several experts from the financial sector will...
Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
4.3.2020
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed...
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor
1.3.2020
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project...
Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents
28.2.2020
The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets...
Coronavirus Hits US Stocks, Bitcoin Climbs, Haven Status Unclear
27.2.2020
The spreading coronavirus sowed a new bout of fear among investors, triggering a stock market sell-off and flight to safe-haven assets like gold and U.S. Treasury bonds
Lebanese Turn to Bitcoin as Economy Sinks
25.2.2020
A landmark in Beirut, Lebanon, the monument in Martyrs Square still bears the scars of Lebanon's Civil War (1975-90). The Lebanese economy is in deep trouble – leading citizens to embrace Bitcoin (BTC) and altcoins in an attempt to escape the banking system and protect their savings from dwindling...
Virgin Galactic Stock Is Skyrocketing, Will Take Bitcoin to Shoot You Into Space
20.2.2020
Virgin Galactic is one of the leading ventures in the emerging private space race alongside companies such as Spacex. However, it is being compared now mostly to another Elon Musk creation – Tesla. This is because Virgin Galactic stock is skyrocketing as traders rush in to bet on...
Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020
19.2.2020
Dubai government to launch a KYC blockchain consortium in collaboration with six banks in Q1 2020
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response
16.2.2020
The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy,...
Japan Uneased by Chinese CBDC, Plans on Digital Yen in ‘2 to 3’ Years
15.2.2020
Japan is worried about the soon-to-be-released Chinese CBDC, as it might disrupt the global economy. Local lawmakers suggest developing a digital yen to counter it
Lisk Strives to Bridge the Gap Between People and the Global Economy
9.2.2020
With the world heading towards a paperless economy, cryptocurrencies have become a hot-shot solution for many industrial domains. The digital currency that was founded as a remedial offering to the global recession has now established itself as part and parcel of business enterprises, individuals...
German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic
8.2.2020
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone...
SOTU Speech: Donald Trump Predicts Bullish Trend for US Economy
5.2.2020
President Trump’s State of the Union address was more of an emotional appeal than a pragmatic address to the nation. As the Senate is likely to vote on his impeachment soon, his address hinted at his confidence in staying in the office. The address triggered varied reactions in the house, but...
Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says
3.2.2020
The next decade will see a digital transformation in China with blockchain adoption, according to Minsheng Bank’s chairman
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
Are CBDCs the Right Way Forward? Moving Towards a Global Currency for a Global Economy
29.1.2020
As Central Banks across the world are increasingly considering venturing into the virtual currency space, it is worthy to consider whether central bank-issued digital currencies (CBDCs) are the right way forward as we move towards a global currency in an increasingly global economy. The Ethos...
Coinbase and Ripple Execs Unveil Master Plan to Drive US Crypto Adoption
28.1.2020
Coinbase and Ripple execs unveil their master plan for driving US crypto adoption
How Does Staking Economy Work?
26.1.2020
Everybody seems to be talking about cryptocurrency staking nowadays. As it continues to grow in popularity, exchanges all over the world seem to be lining up to offer their customers staking services – with no shortage of takers among their clientele.
Indeed, Mirko Schmiedl, CEO...
WEF and PwC Report: Nature Risks Threaten Businesses and Economy
24.1.2020
A new report by the World Economic Forum (WEF) in collaboration with Pricewaterhouse Coopers (PwC) makes a case for why the environmental crisis will directly and significantly impact primary, secondary and tertiary businesses, and therefore disrupt the markets and the economy. Titled Nature Risk...