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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...
Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
25.1.2020
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup —...
How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste
22.7.2019
We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining...
Microsoft, Sony, and Nintendo Urge to Remove Gaming Console Tariffs
27.6.2019
The trade war between the United States and China has possibly been one of the biggest events of the past decade, and it has had far-reaching consequences all over the world. After all, when the world’s two biggest economies are involved in a trade skirmish, then it is almost a given that...
Donald Trump All Set to Sign Order That Will Ban Huawei from the United States
15.5.2019
One of the biggest fallouts from the tensions between the United States and China has been the former’s accusation against the Chinese telecommunications giant Huawei, that eventually led to its ban in America. The US authorities accused that the telecommunication equipment that is supplied...
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...