Business & Finance
Saudi Arabia threatens further oil cuts to prevent price drop
Oil prices have been dropping steadily, more than Saudi Arabia is willing to accept. Riyadh has other goals in mind, which do not include...
Author
L. R.
Business & Finance
Insight: the housing bubble won’t explode any time soon, but it eventually will
New housing data shows promising signs of stabilization in the housing market. This, however, does not solve the overall crisis.
News
The climate crisis is costing us trillions of dollars: the report
Appalling losses in both human and economical terms. A WMO report puts the climate crisis into scale.
News
No deal on US debt found: what do Republicans and Democrats want?
US president Joe Biden and Republican speaker Kevin McCarthy met during the weekend to discuss the debt crisis. Both are asking important concessions.
Business & Finance
Here’s why a US default would be good for Bitcoin investors
If the US was to default on its debt, the consequences on the world economy would be unimaginable. Bitcoin holders, however, might actually enjoy it.
News
Bakhmut falls in Russian hands as US promises F-16 fighter jets to Ukraine
After an entire winter of battle, Bakhmut is conquered by the Russian forces almost at the same time as the West agrees on sending F-16 jets to Kyiv.
Business & Finance
Markets weekly recap: five good days for the world economy
Every major market ended in the green this week as good economic data rolls out.
Business & Finance
Fed rethinks interest rate strategy as inflation data looks promising
The rate hike in May was supposed to be the last one by the Fed. However, the latest economic data revealed a brighter picture than expected.
Tech
Hong Kong creates own digital coin, seeking fusion with China’s e-CNY
Hong Kong is moving fast towards crypto evolution and regulation. Today, the city’s central bank announced the development of their own digital coin.
