Topline New York City Mayor Eric Adams declared a state of emergency Friday as the city—as well as several other Democrat-led cities including Washington D.C.—grapple with an influx of tens of thousan...
Tag: Crisis
EU rent and real estate prices see steady increase in Q2 2022 despite looming crisis
Real estate prices in Europe have continued their steady upward momentum, along with a slower pace of upward movement by rents. The discrepancy between real estate prices and rental prices in the EU h...
Bitcoin can solve the DeFi onboarding crisis, argues exec
Bitcoin.com CEO Dennis Jarvis believes that Bitcoin can be a bridge that leads users to the decentralized finance space. As the decentralized finance space remains plagued with hacks, people have beco...
Solar ‘Bazooka’ Bitcoin mine warms warehouse amid Europe’s energy crisis
A warehouse in the Netherlands swapped out natural gas for Bitcoin miner heating — saving money, efficiency and the planet. It’s another win for Bitcoin miners and the environment. A Dutch Bitcoiner h...
Terra Classic (LUNC) Community News Shadows Do Kwon Crisis?
Even as the noose tightens around Terra Luna crisis, positive news is apparently keeping the Terra Classic community motivated. In a latest, the authorities have arrested Terra‘s head of general affai...
Terra Luna Crypto Crisis Deepens As Police Makes First Arrest
Terra Luna Crypto Crisis Deepens As Police Makes First ArrestSouth Korea Makes First Arrests In Terra LUNA ProbeOctober 6, 2022After months of investigation South Korean police have identified the fir...
The European Energy Crisis Is Transient And The Response Should Be Also
LUBMIN, GERMANY – FEBRUARY 02: The receiving station of the Nord Stream 2 gas pipeline stands on … [+] February 02, 2022 near Lubmin, Germany. (Photo by Sean Gallup/Getty Images) Getty Ima...
South Korean Prosecutors To Arrest Do Kwon’s Aid In The Terra-LUNA Crisis
South Korean prosecutors’ office looks to arrest Terra‘s head of general affairs after getting a bench warrant issued against him. Prosecutors earlier requested an arrest warrant against him on charge...
Bitcoin mining pool Poolin in distress following liquidity crisis
The Bitcoin mining pool Poolin on Sept. 6 announced liquidity problems and subsequently suspended withdrawals, flash trades, and internal transfers from its network. Mining pools collate processing po...
Bitcoin Pound Sterling Volume Soars To ATH Amid Currency Crisis
The pound sterling is experiencing heavy turbulence. The dollar is eating it all. Bitcoin is in a deep slumber. What a time to be alive! Things are moving and shaking in the finance world and the gene...
Europe Energy In Deep Crisis Mode
A screen grab from Danish Defense shows the gas leaking at Nord Stream 2 seen from the Danish F-16 … [+] interceptor on Bornholm, Denmark on September 27, 2022. (Photo by Danish Defence/Anadolu ...
Orsted to use more fossil fuels as energy crisis continues
Jens Auer | Moment | Getty Images Energy firm Orsted is to continue or restart operations at three fossil fuel facilities after being ordered by Danish authorities to do so, as governments around Euro...
Citi GPS Report: Philanthropy Must Innovate to Meet the Cost-of-living Crisis, Embracing Digital and a Closer Integration With Investments
LONDON–(BUSINESS WIRE)–Citi today released a Global Perspectives & Solutions (Citi GPS) report titled Philanthropy and the Global Economy v2.0 – Reinventing Giving in Challenging Times. While conf...
Hedge fund launches plummet to lowest since 2008 financial crisis
A risk-off mood across global financial markets amid persistent economic turmoil deterred prospective hedge funders from starting up new firms in the second quarter. The estimated number of new hedge ...
‘Worse damage than the financial crisis in 2008.’ Wealthy countries could trigger a global recession, UN says
Governments around the world are determined to bring down inflation whatever the cost, but a growing chorus of voices is pointing out that aggressive monetary policies could have some serious and long...
Opinion: Stock markets will drop another 40% as a severe stagflationary debt crisis hits an overleveraged global economy
NEW YORK (Project Syndicate)—For a year now, I have argued that the increase in inflation would be persistent, that its causes include not only bad policies but also negative supply shocks, and that c...
European Stock Futures Drop on Energy Crisis, Recession Woes
(Bloomberg) — European stock futures fell as the region’s energy crisis continued to escalate and investors fretted over the hawkish central banks’ impact on the economy while monitoring news ab...
‘Fear Is Contagious’ as UK Crisis Boils Over Into Other Markets
(Bloomberg) — The UK’s rapid descent from stability to crisis is threatening to expose the fragility of global efforts to crush inflation, raising the specter of chaos spreading across financial...
“Big Short” Hero Michael Burry Tells Main Difference Between 2000’s Crisis and Today’s
Arman Shirinyan Man who predicted 2008’s crash believes this crisis is far from over The passive investing bubble is the main difference between the crisis we are going through today and what ma...
U.K. could trigger a global crisis as pound collapses while bond yields soar, Larry Summers says
““A currency crisis in a reserve currency could well have global consequences. I am surprised that we have heard nothing from the IMF.”” — Larry Summers, former U.S. Treasury secretary Former U.S. Tre...
Morgan Stanley Says Dollar Surge Tends to End in Crisis
(Bloomberg) — The US dollar’s recent rally is creating an “untenable situation” for risk assets including stocks, and in the past this kind of dollar strength has led to some kind of financial o...
Biden administration awards $1.5 billion to fight opioid crisis
US President Joe Biden speaks about the DISCLOSE Act at the Roosevelt Room of the White House in Washington, DC on September 20, 2022. Saul Loeb | AFP | Getty Images The Biden administration announced...
Washington state wants to investigate Celsius financial crisis
Join Our Telegram channel to stay up to date on breaking news coverage State auditors have questioned Celsius about alleged economic mismanagement. Inside a recent development, Washington’s Assistant ...
Financial Crisis Redux Looms in Asia as Major Currencies Crack
(Bloomberg) — Asian markets risk a reprise of financial crisis-level stress as two of the region’s most important currencies crumble under the onslaught of relentless dollar strength. Most Read ...
White House Announces $1.5 Billion For Worsening Opioid Crisis
Topline The White House on Friday announced $1.5 billion in funding to tackle the nation’s opioid epidemic, a major public health crisis that reached record levels during the Covid-19 pandemic, exacts...
Despite the crisis, high risky crypto lending is here to stay
Join Our Telegram channel to stay up to date on breaking news coverage In an instant message to Edward Zhao of Three Arrows Capital on May 11, Scott Odell, an analyst at the British cryptocurrency len...
Crypto Miner Poolin Issues $238M in IOU Tokens to Fix Liquidity Crisis
Poolin, one of the largest Bitcoin mining pools, has issued $238 million worth of IOU (I-Owe-You) tokens to customers. The latest development comes shortly after the firm shut down its withdrawal serv...
Saudi Aramco CEO expresses his opinion publicly on Europe’s energy crisis
The global energy crisis that started shaping up in Europe with the war in Ukraine as the main trigger seems to be here to stay. The solutions the European governments have put in place, such as cappi...
Where To Find The Real Crisis In Clinical Research? Follow The Money
getty In August, the Society for Immunotherapy of Cancer’s virtual summit, “The Crisis in Clinical Research” virtual forum addressed an existential question critical to the development of new drugs fo...
Europe’s Other Crisis: Fertilizer Shortage For Farming
Dressed in the colors of Ukraine, European Union Commission Chief Ursula von der Leyen delivers her … [+] State of the European Union address, Wednesday, Sept. 14, 2022 at the European Parliamen...
Big Regional Banks Might Face New Rules for Dealing With a Crisis
WASHINGTON—A group of President Biden-appointed bank regulators are considering new rules to require large regional banks to add to financial cushions that could be called on in times of crisis. The s...