The huge volume of sovereign debt in developed countries (particularly the United States) is often exploited to promote questionable theories about imminent financial collapse. However, the problem is real, and it has become much more acute due to interest rates rising in response to entrenched inflation. The United States paid …
Read More »
Credit cards may be excellent financial instruments if used responsibly. However, many individuals fall into the trap of collecting excessive debt due to careless credit card usage. This article will cover numerous tactics and best practices to help you use credit cards sensibly, avoid debt and maintain a healthy financial …
Read More »
Crypto traders face a setback as United States President Biden takes a strong stance, declaring that no debt deal will be made to protect them. He expressed his disapproval of the deal and his concerns about the effects it would have on the bitcoin industry and its users. Biden emphasized …
Read More »
This is an opinion editorial by Robert Hall, a content creator and small business owner. If you follow U.S. politics, you understand that the country is on the brink of defaulting on its massive $31 trillion debt. At the crux of the issue is that there are Republicans in one …
Read More »
Top Stories This Week Circle launches cross-chain USDC transfer protocol Circle launched a cross-chain protocol that enables USDC transfers between the Ethereum and Avalanche blockchains. The protocol works by burning the selected amount of native USDC on the source chain, and minting an equivalent amount of new USDC on the …
Read More »
The debt ceiling Doomsday is getting closer in the US and could have significant implications for Bitcoin. However, it remains to be seen when this will happen. The US House of Representatives yesterday approved a bill to raise the debt ceiling. With a narrow majority, the Republican-dominated House of Representatives …
Read More »
Digital Currency Group (DCG) is facing a significant financial challenge, with a debt of approximately $575 million owed to Genesis in May. This debt, incurred through one of three loans used to short Bitcoin, has increased, creating a scenario of default risk for DCG. Despite the urgency of the situation, …
Read More »
Picard season 3 seems to be taking a page from The Undiscovered Country and teeing up a similar event that could have a lasting impact on the future of the Star Trek universe. In an interview with SFX (via Trek Movie), Matalas actually namedropped The Undiscovered Country while teasing that …
Read More »
MicroStrategy has bought over 6,000 more Bitcoin after fully satisfying its sizable Silvergate debt obligations. MicroStrategy Incorporated (NASDAQ: MSTR) recently increased its Bitcoin (BTC) holdings following a recent Silvergate Bank (NYSE: SI) loan repayment. According to reports, the BTC-loving business intelligence firm has bought an additional 6,455 Bitcoin for $150 …
Read More »
NEW DELHI: Money-strapped Pakistan financial system is in dire state with plunging foreign money, hovering inflation, a steadiness of funds disaster, diminishing foreign exchange reserves all amid political chaos and a deteriorating safety state of affairs.Quickly devaluing foreign money and document fall in Pakistan’s international trade reserves has fueled speculations …
Read More »
NEW DELHI: Gautam Adani’s ports unit is contemplating to repay about 50 billion rupees ($604.6 million) of loans, because the beleaguered Indian tycoon seeks to trim debt after a brief vendor assault put his empire’s monetary well being and company governance underneath scrutiny.Adani Ports & Particular Financial Zone Ltd is …
Read More »
Mujtaba Rahman is the top of Eurasia Group’s Europe apply and a columnist for POLITICO Europe. He tweets at @Mij_Europe. There are three fiscal debates set to dominate European politics this 12 months. The primary is over how the European Union responds to the US’s Inflation Discount Act (IRA). Right …
Read More »