JPMorgan Chase & Co. CEO Jamie Dimon said the Western world faces “challenges at every turn” but the U.S. economy remains strong, according to his annual letter to shareholders. JPMorgan’s JPM, +0...
Tag: War
For Ukraine’s Tech Startups, Fighting The War Means Memes, Information Campaigns–And Keeping Their Businesses Going
Memes against the war: Reface’s Memomet app, coming soon. Couresy of Reface Technology companies proliferated in Ukraine before the war. Now the country’s 250,000 IT workers are looking at small...
JPMorgan CEO warns of “unprecedented” economic risks ahead from Russia-Ukraine war
Russia’s invasion of Ukraine and penalizing sanctions against Moscow have roiled financial markets and wreaked havoc on global supply chains. And JPMorgan CEO Jamie Dimon thinks the worst is yet to co...
Russia’s War In Ukraine Has Created ‘Potentially Explosive’ Economic Situation, Warns JPMorgan’s Dimon
Topline Russia’s invasion of Ukraine has created an “unprecedented” situation that could create economic turmoil around the world, warned JPMorgan chief executive Jamie Dimon in his annual letter to s...
Prepare To Short Chinese Stocks As Taiwan War Threat Looms
Xinyi Shopping District, including the Taipei 101 building (C), at sunset in Taipei. (Photo by … [+]y Daniel SHIH / AFP) (Photo credit should read DANIEL SHIH/AFP via Getty Images) AFP via Getty...
Why Putin Decided To Invade Ukraine And Why It Led To War Crimes
TOPSHOT – Firefighters work on a fire on a building after bombings on the eastern Ukraine town of … [+] Chuguiv. AFP via Getty Images Writing in this column on January 24th as the Russian ...
Jamie Dimon says inflation, Ukraine war may dramatically increase risks for U.S.
Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, poin...
Russia war could further escalate auto prices and shortages
BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more ...
As Russian Troops Leave Irpin And Bucha, Ukraine, More Evidence Of Putin’s War Crimes Emerges
April 3, 2022, has seen reports of egregious crimes being perpetrated in Irpin and Bucha, Ukraine. Among others, media outlets reported on images of Ukrainian civilians lying dead on the streets of Bu...
A Hundred Firms Pull $45 Billion of Deals Since War in Ukraine
(Bloomberg) — At least a hundred companies worldwide have delayed or pulled financing deals worth more than $45 billion since Russia’s invasion of Ukraine. Most Read from Bloomberg These include...
Defense Stocks Rose With the Ukraine War. Then a Tight Proposed Budget Set Them Back.
Elias Stein Text size Defense stocks took a surprising blow after a proposed defense budget was released last week. The Biden administration asked Congress for $773 billion to fund defense for fiscal ...
Microsoft Loses Executive to Crypto as Talent War Heats Up
This is a big catch for the crypto sphere. Binance, the largest crypto platform in terms of trading volume, has managed to poach great talent from Microsoft (MSFT) – Get Microsoft Corporation R...
Ex-U.N. Prosecutor Calls For International Arrest Warrant For Putin, Calls Him A War Criminal
Topline Carla Del Ponte, the former chief prosecutor for two U.N. war crimes tribunals, called for the International Criminal Court to issue an arrest warrant for Russian President Vladimir Putin, in ...
Russia-Ukraine War Will Boost the Adoption of Crypto Assets, According to the IMF
A managing director at the International Monetary Fund (IMF) reportedly thinks that increased use of cryptocurrencies could be one consequence of the war between Russia and Ukraine. In a new Financial...
Ukraine’s Government Raises $600,000; NFTs to Be Used as War Bonds
Ukraine has raised over $600,000 through NFTs, which will be used as war bonds to help finance the war effort in Ukraine, beginning by rebuilding the country’s museums, theatres, and other cultural in...
Russia-Ukraine War Has Reportedly Scuppered $45 Billion In Deals By Scores Of Companies
Topline At least 100 companies worldwide have postponed or pulled financing deals totaling more than $45 billion by Bloomberg’s count in the wake of Russia’s attack on Ukraine, which has rattled marke...
Moldova Denies Ukrainian Claim Of Russian Troops Massing In Breakaway Region To Open New Front In War
Topline Moldova has denied claims from Ukrainian officials that Russia is massing troops in the separatist region of Transnistria—along the border with Ukraine—to potentially prepare for an attack tha...
Bitcoin amidst war and inflation: a period of great uncertainty
Bitcoin, the most popular cryptocurrency, is going through a period of uncertainty in the market. Bitcoin amidst war and uncertainty After the outbreak of the conflict in Ukraine followed by a period...
This Recession Indicator Is Flashing Warning Signs As Fed, War And Oil Threaten Economic Recovery
Topline The widely observed yield curve, which measures the difference in interest rates between short-term and long-term bonds, has inverted this week—signaling a looming recession—and though many ex...
US Bond Markets Signal Economic Downturn, Trend Forecaster Says if War Ensues ‘Odds of Recession Increase’ – Economics Bitcoin News
As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S. economy may be headed for a recession. This week, a m...
Russia Gives First Peek Into Currency Reserves Since War Started
(Bloomberg) — Russia’s central bank said its foreign-currency and gold reserves plunged by $38.8 billion since peaking in February, giving the first glimpse into its holdings since the invasion ...
Russia-Ukraine War: Crypto to The Rescue
As opposed to fiat currencies and traditional financial systems, cryptocurrencies are considered unstoppable by central entities. And they are very much proving their effectiveness in the war-struck U...
The Russia-Ukraine Information War Has More Fronts Than You Think
TOPSHOT – Russian President Vladimir Putin (L) and Chinese President Xi Jinping pose during their … [+] meeting in Beijing, on February 4, 2022. (Photo by Alexei Druzhinin / Sputnik / AFP)...
Russia-Ukraine War Helps Drive Nickel Prices, EV Headaches
Emily Pickrell, UH Energy Scholar NORILSK, RUSSIA – JULY 17: Excavators load ore in a dumpster July 17, 2002 in the Medvezhya … [+] mountains near Norilsk, Russia. In total, Norilsk produc...
Russia Demands Wikipedia Take Down Information About Ukraine War
Topline The Russian media regulator threatened Wikipedia with fines Thursday of up to 4 million rubles (about $49,000) if it doesn’t delete information about Russia’s invasion of Ukraine that diverges...
Ripple’s Chris Larsen blasted for ‘hubristic war on Bitcoin’
Ripple co-founder Chris Larsen has been blasted by the Bitcoin community for his $5 million contribution toward a campaign calling for a change of Bitcoin’s consensus mechanism. Greenpeace, an environ...
Arweave or Filecoin? Here’s the clear winner of decentralized storage war
The ‘decentralized storage’ war has continued to wage on over the years as more developments around this space came to life. Many teams like Filecoin, Storj, Sia, began building open source solutions ...
Are We Facing a New Cold War? – Trustnodes
Geopolitics affects bitcoin. It’s outside the banking system, it’s outside state control in fundamental parameters. It’s a fixed supply of global digital gold. So when things happen, bitcoin is often ...
Putting 3D Printers To Work In Ukraine’s War Zone
Sygnis’s 3D printing machine park in Warsaw Courtesy of Sygnis Entrepreneurs in Poland rush printers to the stricken neighboring country for use creating protective gear, tourniquets, periscopes...
Biden ready to invoke the powers of the Cold War- The Cryptonomist
Today, US President Joe Biden may include certain materials for battery production in the DPA, a law in force since the Cold War. Biden takes advantage of DPA law from Cold War days Bloomberg reported...
Why Won’t Biden Give Ukraine What It Needs To Win This War?
Ukrainian President Volodymyr Zelensky is making exasperated pleas for more weapons. Yet President Biden and NATO are not responding with genuine urgency, in both the quantity and the types of weapons...
How Manufacturers Can Make A Difference In Ukraine
I struggle to find words to describe the horrors of the situation in Ukraine right now. It seems every report adds a new wrinkle, a new terror to toss around in your head: the bombing of a maternity w...