Larry Fink, the CEO of the world’s largest asset manager BlackRock, believes the ongoing Russia-Ukraine crisis has boosted the case for digital currencies as a tool of settlement for international tra...
Tag: Crisis
Gas prices may be bad now, but three leading CEOs warn there’s a bigger looming fuel crisis that would be a real nightmare
Volatile oil prices are hurting every corner of the global economy, but experts warn that it’s nothing compared to the looming diesel shortage. Since Russian President Vladimir Putin’s invasion ...
UK announces urgent fuel tax cut to fight cost of living crisis
Chancellor of the Exchequer Rishi Sunak leaves 11 Downing Street to announce the Treasury’s one-year spending review in the House of Commons in London, England, on November 25, 2020. David Cliff...
As President Biden Prepares To Extend Loan Repayment Pause, Governors Address Root Causes Of The Student Debt Crisis
The White House is considering an extension of the student loan repayment pause until 2023, along … [+] with various ways to cancel student debt. getty While members of Congress are calling for ...
China’s Embattled Evergrande Says It Can’t Publish Annual Report On Time
A view of evergrande Center office building in Shanghai, China.(Photo credit should read Wang Gang / … [+] Costfoto/Future Publishing via Getty Images) Future Publishing via Getty Images China E...
Huobi Tech: Liquidity crisis concerns to impact Virtual Asset Markets
Global financial markets will continue to be impacted by the geopolitical crisis between Russia and Ukraine. Concerns about the possibility of a global liquidity crisis following the shutdown of the n...
How The Ukrainian Crisis Revolutionized The Nature Of Donations?
Aid for Ukraine, a decentralized autonomous established by Solana and the Ukrainian government in collaboration, raised around $1.4 million. Meanwhile, the global crypto community successfully raised ...
UK money expert says country is facing worst cost of living crisis he has ever seen – Protect yourself with Bitcoin
Just looking at the rising cost of energy over the next year, UK consumers are facing the nightmarish prospect of energy bills conservatively going up around another £1300. The sound money that is Bit...
BitMEX Arthur Hayes Thinks There’s a Financial Crisis Coming, Here’s Why
Last week, global investment bank Credit Suisse made a radical prediction: that the dollar’s era as the world reserve currency is coming to an end and that commodity money – such as gold – will rise t...
U.S. Democrats Propose Bill to Restrict Russian Crypto Use amid Ukraine Crisis
U.S. Democratic senators introduced a bill to the U.S. President Thursday that they propose to impose sanctions on foreign cryptocurrency companies with business to Russian entities, preventing them a...
A Food Crisis Is Looming. This Fertilizer Stock Stands to Gain.
Text size The invasion of Ukraine could be one of the most disruptive events in the food and agricultural supply chain in decades. Louai Beshara/AFP via Getty Images Russia’s invasion of Ukraine, its ...
Could A World Crisis Propel Us Into A New Era Of Energy?
Grafenrheinfeld nuclear power plant as electricity pylons stand before it (Photo by Sean … [+] Gallup/Getty Images) Getty Images “There are decades where nothing happens; and there are weeks whe...
Another Wave In The Supply Chain Crisis Hits As New China Lock Downs And Ukraine Threaten Global Supply
“The entire supply chain is under tremendous stress right now. We’re dealing with a cascade of … [+] disruptions which is adding stress beyond what it’s already under,” says Abe Eshkenazi, Assoc...
Oil market heads for ‘biggest supply crisis in decades’ with Russia’s exports set to fall, IEA says
Three million barrels per day of Russian oil output is at risk beginning in April as sanctions hit and buyers shun the nation’s exports, the International Energy Agency said Wednesday. “Th...
Global Investors See Crypto As the One Sector To Withstand Fallout of Russia-Ukraine Crisis: Report
Large investors are looking to crypto assets as a way to withstand the fallout of increasing geopolitical tensions as war in Eastern Europe continues to rattle the economic landscape. According to a n...
Huge Venture Capital Money Flows Into Crypto Funds Amid the Russia-Ukraine Crisis, Here’s the Stats
The Russian-Ukraine war has sent jitters across the equity and the crypto market bringing back strong volatility in play. Furthermore, the sanctions have also exposed that how any country can be at th...
ConsenSys founder says the Russia-Ukraine crisis could foster crypto adoption
The war in Ukraine has created a new perspective about the use of cryptocurrencies. Cryptocurrency activities in Ukraine have surged over the past two weeks due to the effects of the war on the countr...
Britain resurfaces huge tidal energy plan amid Ukraine crisis
An aerial shot of the Severn Estuary from 2010. Jamie Cooper | Sspl | Getty Images An independent commission in the U.K. is to revisit the possibility of using the Severn Estuary, a large body of wate...
Energy Crisis Puts Green Hydrogen in the Spotlight
The US and its allies are still grappling with how to deal with Russia following its invasion of Ukraine. Given the West’s dependence on Russian crude oil and natural gas, Canaccord analyst Jed Dorshe...
Ethereum’s DeFi Dominance In Crisis; DeFi TVL In ETH Drops Below 55%
The landscape in the decentralized finance space keeps morphing into new shapes as the market advances. A new report indicates that Ethereum’s DeFi dominance has been getting shaved off by other block...
Four Payment Operators join in Suspending their Services in Russia amid Ukraine Crisis
More payment operators follow the orders of sanctions issued by the U.S., American Express, Visa, Mastercard, and PayPal announced on Saturday that they are all suspending their operations in Russia i...
Rupee Sinks to Record With Stocks as Ukraine Crisis Boosts Oil
Reuters Videos Drone footage shows ongoing wildfire in South Korea STORY: The government issued a natural disaster alert after a wildfire broke out near the Hanul Nuclear Power Plant in the eastern co...
Energy Security, Prices Take Priority Over Climate Concerns In Crisis
WASHINGTON, DC – President Joe Biden is reported to be considering a third release of oil from the … [+] U.S. Strategic Petroleum Reserve of the Department of Energy since December to comb...
DAX index forecast as Russia-Ukraine crisis remains in focus
Germany’s DAX index weakened on a weekly basis, and much of the index’s losses can be attributed to the war between Russia and Ukraine. Russia has shelled Europe’s largest nuclear plant, Zaporizhzhia,...
Imminent Russian Defaults Will Lead To An Economic Crisis Worse Than In 1998
Putin’s War Daniel Leal, AFP via Getty Images In just one week, Russian President Vladimir Putin has caused hundreds of deaths and wreaked havoc in the lives of millions. He has also begun the d...
‘We need to increase oil & gas output immediately,’ Elon Musk says as Ukraine crisis jolts U.S. crude to 2008 high
Elon Musk voiced an unusual stance for an electric-vehicle executive on Friday. Tesla Inc.’s TSLA, -0.12% chief executive said the U.S. needs to immediately increase production of oil and gas in a twe...
Bill Miller predicts Bitcoin bulls amid Russia-Ukraine crisis
Bill Miller, a fund manager, legacy investor and philanthropist, has said that the dropping value of the Russian ruble is a bullish sign for Bitcoin. The Russian ruble has been moving downhill over th...
Analysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s – Coinotizia
While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U...
Scared of investing during the Ukraine invasion? Try this IRA maneuver
Moe, Larry and Curly have been watching stock markets plunge in the past two weeks in response to the Ukraine invasion. Each wants to invest, say, $100,000 in European stocks—for example through Vangu...