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The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts
23.3.2020
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses...
Deutsche Bank Reports €5.3 Billion in Net Loss for 2019 as It Counts the Cost of Restructuring
1.2.2020
A year of reorganization has left its mark on Germany’s leading financial institution. Deutsche Bank revealed this week it suffered significant losses in the last quarter and all of 2019. The banking giant claims that the damage is “entirely driven by transformation-related...
7 Steel Crypto Wallets That Withstand Extreme Fire and Water Damage
25.12.2019
Cryptocurrencies have become valuable over the last few years and hardware wallets are now a mainstay within the cryptosphere. More recently, steel-crafted wallets that store crypto keys on a hard piece of metal have become increasingly popular. The following is a look at the wide variety...
ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy
5.12.2019
European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel...
Bitcoin’s (BTC) Rise Could Damage The Control Of The United States Over World Currency Reserves
28.6.2019
The world prior to pre and post World War II has been quite contrasting, especially in terms of global leadership. For almost two centuries, the Europeans dominated world politics, but the end of the second Great War marked the rise of the United States of America, who continues its dominance...
Binance’s CZ Seeks Compensation From Sequoia for Alleged Reputational, Financial Damage
23.5.2019
Changpeng Zhao is seeking damages from VC firm Sequoia Capital China for having ostensibly hurt his reputation and unjustly prevented him from raising capital