Tag Archives: economic

Recession, war, rising inflation—history has shown that these conditions consistently reappear, and when they do, they signal a systematic change in the global economy. With dramatic change comes risk, fear, and volatility. According to Ray Dalio, every 100 years or so, situations where the hegemony of a global superpower comes …

The 54th World Economic Forum in Davos gathers global leaders to discuss challenges ranging from geopolitical tensions to AI impact. Key themes include security, economic growth, AI ethics, and climate strategy. From January 15 to 19, 2024, the small Swiss alpine town of Davos will once again become the epicenter …

Ripple CEO Brad Garlinghouse is set to participate in the prestigious World Economic Forum (WEF) in Davos, scheduled from January 15th to 19th, 2024 this week. Notably, this year marks a significant shift in Ripple’s engagement at the WEF, transitioning from peripheral events to a direct involvement in the forum’s …

In a remarkable development, Próspera, a special economic zone located in Roatan, Honduras, has embraced Bitcoin as a unit of account, solidifying its status as legal tender within the region. This significant milestone occurred in less than two years since Próspera first integrated the crypto into its economic framework. By …

Positive economic indicators, such as an 18% surge in groundbreaking new single-family homes in November, contributed to the optimistic outlook. Wall Street outlook continues to show positive trends as the market’s upward trajectory remains sustained following last week’s dovish policy shift from the Federal Reserve and eagerly anticipated crucial inflation …

In the heart of Scandinavia, Sweden has long been celebrated for its robust economy and high living standards. However, the ever-shifting economic landscape, coupled with the ongoing global uncertainties, has given rise to the popularity of loan consolidation products known as Swedish “samlingslån” commonly available online. These financial tools have emerged as …

Bitcoin (BTC) has been trading within a narrow 4.5% range over the past two weeks, indicating a level of consolidation around the $34,700 mark.  Despite the stagnant prices, the 24.2% gains since Oct. 7 instill confidence, driven by the impending effects of the 2024 halving and the potential approval of …

Despite the varied economic performance across the 20-country common currency bloc, the challenges stemming from high inflation persist. The Eurozone is grappling with a significant economic downturn, as recent data indicate a sharp drop in inflation and a contraction in the region’s economy. According to a preliminary report published Tuesday …

No industry, and no business, is a fan of economic uncertainty, and many financial experts consider the current global market to be precarious. While every business has to look at ways to shore up operations and cut costs in a down economy, the effort can be particularly challenging for Web3 …

The ripple effect of the Chinese market plunge has extended to other major Asian markets, with Japan’s Nikkei 225 and South Korea’s Kospi also experiencing declines. China’s stock market has hit a significant low not seen since the pre-pandemic era, rattling investors as the country grapples with various economic challenges …

Last week, the release of September’s Consumer Price Index (CPI) data showed a monthly increase of 0.4% and an annual increase of 3.7%. Treasury yields in the United States saw a modest increase earlier today, amid the ongoing uncertainty surrounding the country’s economic outlook. Investors continued to grapple with concerns …

This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, …