With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from ...
Tag: Controls
The Ultimate Price Of Government Price Controls
WASHINGTON, DC – AUGUST 16: U.S. President Joe Biden (C) signs The Inflation Reduction Act with … [+] (L-R) Sen. Joe Manchin (D-WV), Senate Majority Leader Charles Schumer (D-NY), House Ma...
China’s trade with Africa gets boost from rising commodity prices despite impact of Covid controls
Trade between China and Africa grew by 16.6 per cent to US$137.4 billion in the first half of this year, boosted by a recovery in commodity prices, especially oil. China imported goods worth US$60.6 b...
China signals no big stimulus is coming, while Covid controls remain
A worker in a protective suit cleans the floor at a subway station, after the lockdown placed to curb the coronavirus disease (COVID-19) outbreak was lifted in Shanghai, China June 2, 2022. Aly Song ...
Here’s Who Controls Most of Bitcoin’s Circulating Supply: Details
According to Bloomberg research, Bitcoin early adopters still control most of it. The report states, “Early entrants into digital assets scooped up much of the wealth as well as the volatility a...
Crypto Controls Needed in Lending Sector to Stem Depression, Expert Says
For depression and crashes to be averted in the crypto market, regulation and capital controls are needed to govern fast-growing trading platforms, according to Rand Low, a quantitative risk modeller ...
China cuts quarantine for overseas travelers, easing Covid controls
For more than two years, overseas travelers have had to quarantine upon arrival in China because of Covid restrictions. Pictured here at Beijing International Airport on June 18, 2022, are passengers ...
The Federal Reserve Controls Crypto and Asset Prices: Wall Street Analyst
A senior market analyst has spoken out about the influence that the U.S. Federal Reserve has on crypto and general asset prices through its questionable monetary policies. Speaking on Anthony “Pomp” P...
Ethereum’s Arbitrum Now Controls over 50% of All L2s’ TVL
Vladislav Sopov Largest Ethereum-based second-layer solution is ready to launch Arbitrum Odyssey, an eccentric community-driven journey Contents Arbitrum’s Odyssey kicks off on June 21, 2022 Ami...
Nearly all factories in Shanghai resume work as Covid controls ease
German automaker Volkswagen is one of state-owned automaker SAIC’s foreign partners in China. Pictured here on June 7, 2022, is the joint venture’s factory in Shanghai. Qilai Shen | Bloomb...
Walmart at $122 is a buy as the company improves cost controls
Walmart Inc. (NYSE:WMT) is trading at $122. Zacks Research has rated the stock a strong sell. We think the opposite is true. Walmart is a buy at $122, with a price target being $135 before the next ea...
Russia Controls 20% Of Ukraine, Zelensky Says, As UN Civilian Death Toll Surpasses 4,000
Topline Russian troops now control about 20% of Ukrainian territory, the country’s President Volodymyr Zelensky told Luxembourg’s Parliament on Thursday, and the country’s civilian death toll has surp...
Crypto Exchange Binance To Tighten KYC Controls and Sanctions Enforcement With New Tech Partnerships
Global crypto exchange Binance is announcing new partnerships with tech companies to shore up its know-your-customer (KYC) controls and enforcement of sanctions. According to a new press release, Bina...
Russian ruble surges on report some capital controls may ease up
The Russian ruble surged on Monday, following a report that the government plans to cut a key foreign exchange limit for exporters. The ruble RUBUSD, +1.83% surged 6.8% against the dollar on Monday, h...
Russia Loosens More Capital Controls as Ruble Extends Surge
(Bloomberg) — Russia eased a key capital control that’s underpinned the ruble’s recovery as the currency’s blistering rebound picked up pace Monday. Most Read from Bloomberg The share of foreign...
Panama’s Crypto Bill Faces Setback as President Calls for Stricter AML Controls
Panama’s President Laurentino Cortizo has called for stricter anti-money laundering (AML) controls in the much-anticipated bill that aims to regulate the use of cryptocurrencies, passed by the general...
Goldman Sachs cuts its China GDP forecast on Covid controls
Since March, mainland China has struggled to contain its worst Covid outbreak in two years. Notably, the metropolis of Shanghai, pictured here on May 18, only started this week to begin discussing res...
New Data Shows China Still Controls 21% Of The Global Bitcoin Mining Hashrate
China is back with a vengeance. The Cambridge Centre for Alternative Finance, or CCAF, collected data “spanning the period from September 2021 to January 2022” for their latest study. The headline is ...
ASIC Confirms on Cybersecurity Controls by AFS Licensees
Under the many conditions of an Australia Financial Services (AFS) license, the specific requirements of cybersecurity measures are not mentioned. But a federal court in the country held an AFS licens...
Beijing city bans in-restaurant dining as China’s Covid controls tighten
As part of the latest Covid controls, China’s capital city of Beijing banned in-store dining as a five-day holiday kicked off, prompting restaurants to sell food outside. Kevin Frayer | Getty Im...
China sticks to Covid controls, Beijing luxury mall closes
Major luxury goods mall Beijing SKP, pictured here in 2021, said Friday it would close — with no reopening date specified — after the city confirmed three Covid cases in an apartment community nearby....
UK digital banks need to improve financial crime controls, FCA warns
Icons for the Monzo and Starling banking apps on a smartphone. Adrian Dennis | AFP via Getty Images Britain’s online-only challenger banks need to do more to prevent the abuse of their platforms...
FCA Raises Concerns over Challenger Banks’ Financial Crime Controls
The Financial Conduct Authority (FCA) recently released the outcomes of its review regarding the risk assessment by challenger banks. According to the authority, the review found weaknesses in some ch...
IMF calls for coordinated effort, capital controls for crypto
The International Monetary Fund (IMF) is encouraging global policymakers to develop standards for crypto in response to growing concerns highlighted by the war in Ukraine. In its Global Financial Stab...
Tighter controls on crypto by the European Union
Yesterday, two committees of the European Parliament voted in favour of a revision of the money transfer directive to include crypto. European Parliament approves MiCA: crypto sector under pressure Eu...
Who Controls the Beverage Industry?
What Is the Power Make-Up of the Global Soft Drink Industry? Two powerhouses control the market share of the carbonated soft drink and beverage industry: PepsiCo. Inc. (PEP) and The Coca-Cola Corporat...
Ford to sell Explorer SUVs missing rear climate controls due to chip crunch
Ford (F) is taking an unusual approach to battle the ongoing semiconductor crunch afflicting global automakers — doing without them, for the time being. “We are working as hard as we can and offering ...
Bitcoin Rises as Visa and MasterCard Shun Russia Amid Capital Controls and Long Bank Queues in Moscow – Trustnodes
Visa and MasterCard have suspended their operations in Russia following the invasion of Ukraine. “We will continue to work with regulators in the days ahead to abide fully by our compliance obligation...
Crypto Exchange Volume in Ukraine Spikes As Currency Controls Introduced
Trading volume for Bitcoin and other cryptocurrencies on popular Ukrainian crypto exchange Kuna surged over 200% earlier today, according to CoinGecko. From under $1 million on February 21, trading v...
Rocket Pool Controls One Percent of All Ethereum 2.0 Validators – crypto.news
Rocket Pool, a decentralized ETH staking pool provider, operates one percent of all Eth2.0 validators roughly three months after launching. Rocket Pool Runs one Percent of Eth2 Validators In a tweet o...