The economic problem list for Russian President Vladimir Putin is piling up, says big name investor Ed Hyman. Evercore ISI’s closely followed chairman revealed seven key issues now facing Putin&...
Tag: Economic
Could rising Turkish lira/stablecoin trades affect ‘real economic activity’
All over the world, COVID-19 and geopolitical tensions have amped up the rate of crypto adoption – and especially so in emerging economies. While a crypto investor in America or Western Europe may not...
Economic Fallout From Russia’s Invasion Will Be ‘Modest’—But Inflation Will Surge Higher, This Expert Predicts
Topline While Russia’s invasion of Ukraine is taking a “massive” human toll, the global economic fallout is likely to remain “modest,” according to a recent note from Moody’s Analytics chief economist...
GCC funds reiterate deeper economic ties with Russia
Two of the largest Middle Eastern sovereign wealth funds have no plans in the near-term to divest exposure to Russian assets, anonymous sources told Bloomberg on Monday. Mubadala and QIA funds have si...
Executive Leaves Goldman Sachs for Coinbase — Says It’s Time to Embrace Crypto, Create Economic Freedom – Coinotizia
An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,” he said, adding that the change is a “once in a lifetime oppo...
Executive Leaves Goldman Sachs for Coinbase — Says It’s Time to Embrace Crypto, Create Economic Freedom – Featured Bitcoin News
An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,” he said, adding that the change is a “once in a lifetime oppo...
How Does Ethereum’s Economic On-Chain Activity Look Amid Geopolitical Tension?
With the uncertainty at a global scale is hitting critical levels, crypto-markets are splitting between hope and distress as the correlation between traditional markets, and crypto has been particular...
Brazilian Senate Committee on Economic Affairs Approves Crypto Regulation Bill
Crypto regulation on Brazilian soil gained steam after the senate’s economic affairs committee approved a bill, highlighting the ground rules and day-to-day usage of digital currency funds. The commit...
The broad spectrum of economic engines
February 18, 2022, 10:23AM EST • 14 min read Quick Take This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds Apart from blockchain gaming, the NFT m...
New Unemployment Claims Unexpectedly Rise For First Time In Four Weeks As Inflation, Russia Drive Economic Uncertainty
Topline The number of new unemployment claims unexpectedly jumped for the first time in nearly a month on Thursday, highlighting the rising level of economic uncertainty amid a prolonged inflation sur...
Billionaire Investor With ‘Very Big’ Bitcoin Position Says BTC Is Insurance Policy Against Economic Disaster
Renowned investor Bill Miller says that as Bitcoin (BTC) adoption spreads so will its functional roles as a store of value. Miller tells CNBC in a new interview that people will choose to ascribe valu...
Russia Ministry of Economic Development wants to legalize Bitcoin mining
The Russian government is going all in on cryptocurrencies. Shortly after announcing the country would regard Bitcoin and other cryptocurrencies as currencies, the country now wants to legalize Bitcoi...
Inflation economic shock complete as Main Street tipping point reached
Joe Raedle | Getty Images News | Getty Images The latest Consumer Price Index reading, the highest in four decades, isn’t the only sign that inflation is extending rather than giving up its hold...
Michigan 2050 Carbon Neutrality Goal Could Be An Economic Engine
Michigan’s new economywide 2050 carbon neutral proposal vaults it into the vanguard of United States climate ambition. It’s just the fourth such goal nationwide with interim targets of 28% carbon redu...
Axie Infinity token AXS gains 40% after taking steps to avoid ‘permanent economic collapse’
The price of the Axie Infinity (AXS) token has surged by nearly 40% in three days. AXS rallied to over $65, its best level in more than two weeks, as Axie Infinity revealed a revamped reward structure...
Economic Toll Of Opioid Epidemic: $1.3 Trillion A Year
The OnPoint NYC overdose prevention center. Photo by YUKI IWAMURA/AFP via Getty Images Sam Rivera used to wake up every morning and brace himself for the inevitable call: another person found dead of ...
Sheila Warren, Former World Economic Forum Exec, Tapped as Crypto Council for Innovation’s New CEO
Key Takeaways A former executive at the World Economic Forum, Sheila Warren, will become the new CEO of the Crypto Council for Innovation. The group seeks to lobby for and improve the regulatory clima...
Ex World Economic Forum exec named CEO of Crypto Council for Innovation
Crypto expert, and ex World Economic Forum executive Sheila Warren, is to take the helm at the Crypto Council for Innovation and drive the “transformational promise of crypto”. Mentioning the WEF and ...
The Truth Behind Biden’s Antigrowth Economic Agenda
Politicians have long been masterful in disguising or obscuring the true nature of their proposals and actions. Decades ago, for instance, tearing down poor but vibrant city neighborhoods brimming wit...
CNBC Fed Survey forecasts more aggressive Fed, but better economic growth
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., Sept...
IMF Warns Economic Recovery Will Be Worse Than Expected After U.S. Inflation Surge And China Covid Disruptions
Topline The International Monetary Fund on Tuesday warned the global economy is in a weaker position entering this year than previously expected due largely to the ongoing disruptions spurred by the p...
Economic Crisis In Turkey Brings Nation Closer To Crypto ⋆ ZyCrypto
Advertisement     The Turkish people are embracing cryptocurrencies even as the government outlaws digital assets. The country’s struggling economy has pushed people i...
China Risks Going To Economic Hero To ‘Zero’ In 2022
Staff members line up at attention as they prepare to spray disinfectant at Wuhan Railway Station in … [+] Wuhan in China’s central Hubei province on March 24, 2020. STR/AFP via Getty Imag...
The Week Ahead – Earnings, the FED, and a Busy Economic Calendar in Focus
It’s a busy week ahead on the economic calendar, with 60 stats in focus in the week ending 28th January. In the week prior, 57 stats had been in focus. For the Dollar: Early in the week, prelim privat...
ECB’s Lagarde and IMF’s Georgieva discuss the global economic outlook
[The stream is slated to start at 7:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The Covid-19 pandemic sent the global economy into one of its worst recessions e...
New Jobless Claims Keep Unexpectedly Spiking As Omicron Surge ‘Taints’ Economic Recovery
Topline The number of new unemployment claims unexpectedly jumped for the third week in a row this month—adding to evidence suggesting the record wave of coronavirus cases this month—spurred by the ra...
Biden’s First Year: An Economic Scorecard
A year after taking office, the president could be sunk by one economic metric no matter how good the other numbers are. The Biden administration has a long list of metrics to make the case that the U...
First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
Good morning. Here’s what’s happening: Market moves: Bitcoin and ether go down and then up; altcoin prices are mixed. Technician’s take: BTC appears oversold into the Asia trading day, but upsid...
First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Economic Signs
Good morning. Here’s what’s happening: Market moves: Bitcoin’s price hovered above $43,000 as investors looked for signs that the cryptocurrency’s price had hit a bottom point. Technician’...
How U.S. economic sanctions work
Economic sanctions remain one of the most powerful tools the United States has in its foreign policy arsenal. And as Russian forces continue to amass along the border with Ukraine, officials in the U....
Economic Affairs Committee Unsure UK Needs Retail CBDC
The United Kingdom’s Economic Affairs Committee has shared its views on the proposed plans by the country to launch a Central Bank Digital Currency (CBDC) or digital Pound. In a report published on Th...