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Nalezeno "Crisis": 849

Private Equity During Financial Crisis – An Impact Overview


Financial stability has been a growing concern among policymakers, academics, and investors during the recent global financial crisis. From the world’s financial hub New York to other small centers, the banking system has largely been in focus but what has caught the attention is the extremely high...

Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package


Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...

Crypto Mining Crisis in Abkhazia Worsens After Power Substation Caught Fire


The crypto mining crisis in Abkhazia is closely reaching its boiling point following the burnout of a power substation amid the refusal of both illegal and legal crypto miners to slow down their operations in the state. Crypto Mining Crisis Abkhazia Keeps Worsening Sputnik Abkhazia has reported...

US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon


Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next...

Capitalism and The Coronavirus Crisis: The Coming Transformation(s)


The world economy is currently experiencing its severest contraction since the Great Depression of the 1930s. Unlike the Great Depression and the global financial crisis (GFC) of 2008-2009, this crisis cannot be directly attributed to the dysfunctional workings of capitalism. But even if it is...

South Korean Doctor Says Blockchain ‘Must Be Used’ to Fight Crisis


A South Korean doctor said that it is an “inevitability” that medics in the country will turn to blockchain and other industry 4.0 technology advances in the wake of a flu vaccine error that has killed at least 59 people. Kim Mi-ri, an ear, nose and throat specialist who works in Seoul’s busy...

Coronavirus Crisis Driving US Investors to Bitcoin, Survey Finds


The coronavirus pandemic appears to have had more of an effect on the American bitcoin (BTC)-buying community than first thought, per a new survey. According to a Grayscale-commissioned online survey of 1,000 USA-based general investors aged between 25 and 64 and conducted between June 26 and July...

Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment


A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted to Bitcoin Many Egyptians...

Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector


Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now,...

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