2020-7-31 10:15 |
The actual effectiveness of the stimulus packages released by the U. S. Congress are starting to come into question. Economic news today indicates that the U. S. GDP shrank by the largest amount in history—a whopping 32. origin »
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The International Monetary Fund (IMF) said the world’s current economic crisis is the worst downturn since the Great Depression, and no country is spared. The IMF estimates that the cumulative loss to global GDP from the pandemic could be around 9 trillion dollars.
2020-4-19 21:05 | |
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Global General Domestic Production (GDP) is estimated to fall by 10% this year based on a general economic shutdown for two months. The biggest car manufacturer in the world, Volkswagen,... The post Global GDP Expected to Lose 10%, $8 Trillion appeared first on Trustnodes.
2020-3-18 21:45 | |
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The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation.
2019-11-15 07:00 | |
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India’s GDP growth is expected to slip further in the fiscal second quarter that extends from July to September. Narendra Modi and co. have been trying a slew of initiatives to boost growth, but they seem to be failing.
2019-11-14 16:17 | |
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Notwithstanding the Friday dump which has just sent bitcoin price back below $8k, the global economy is in a bigger mess and is set to deteriorate even further. Central banks are pumping cash back into their systems, interest rates are going negative, and GDP figures are falling.
2019-10-18 10:56 | |
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Japan's economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government's planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan's GDP output later this year, plunging the country closer to recession.
2019-9-9 02:51 | |
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Germany’s economy shrinks, fuelling risks of a recession and fears of economic contagion throughout Europe. Unfortunately, central banks have limited resources to reduce the effects of broad-based economic decline.
2019-8-16 22:42 | |
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The past two decades have been marked by a period of sharp peaks and troughs for Brazil, the largest country in Latin America. On one hand, the country has undergone an impressive economic transformation, which led to Forbes in 2012 naming Brazil “one of the most entrepreneurial countries in the world”.
2019-8-5 18:21 | |
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Bitcoin bull, Max Keiser believes rising global debt will see far greater capital flow into BTC than traditional haven assets like gold. Smart Money Flowing into Bitcoin Tweeting on Monday (July 8, 2019), Keiser identified the brewing global financial crisis with debt piled up to more than 400% of GDP.
2019-7-10 22:55 | |
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By CCN Markets: Presidential hopeful Bernie Sanders has reportedly called for a full-blown “political revolution” to fix the U. S. economy. Meanwhile, popular metrics such as the stock market and GDP point to economic vigor.
2019-6-17 03:00 | |
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In recent years, the world economy has made incredible strides: access to technology is steadily increasing, Gross Domestic Product (GDP) is at its highest point since 2015, and unemployment is at a four-decade low.
2019-5-29 19:21 | |
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By CCN: The other shoe could be about to drop in the economy. JPMorgan economists in a report predict the second quarter will witness slowed economic growth. They’re expecting U. S. GDP to expand by a measly 1%, lower than their original predictions of 2.
2019-5-25 01:26 | |
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By CCN: The Dow Jones Industrial Average has slightly dipped over the past four days by around 150 points after the U. S. stock market index neared all-time high levels. The Dow’s pullback closely followed the strong recovery of the U.
2019-4-27 20:34 | |
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On April 24, 2019, Japanese crypto and blockchain company bitFlyer released the results of a study assessing public confidence in crypto assets of 10,000 people across 10 European nations.
2019-4-25 21:25 | |
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A new algorithmic stablecoin, pegged to global GDP, is now open for public testing. Anchor, a new stablecoin provider, will allow users to trial its interface as well as create wallets for Ethereum and Stellar-based cryptocurrencies.
2019-4-8 16:54 | |
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Corporate America is backing Donald Trump to win the 2020 presidential elections despite the overhang of controversy that follows him around. Wall Street finds it impossible to look beyond Trump’s results in terms of GDP growth and record levels of low unemployment.
2019-3-26 05:30 | |
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As President Donald Trump continues sounding a triumphalist tone on the subject of the economy, there are developing signs that point to a brewing recession. Fear of a slowdown is the primary reason why the Federal Reserve declined to raise interest rates at the start of the year, and now it seems that these fears are well-founded.
2019-3-24 21:02 | |
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US President Donald Trump tweeted Monday that the US GDP grew at the fastest pace since 2005. Is the president’s claim another economic victory that can be put in the record books, or is it merely a case of fake news? GDP growth during the four quarters of 2018 was the fastest since 2005.
2019-3-20 19:11 | |
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A poor and densely populated country stuck at number 137 worldwide in the economic prosperity rankings, with a per capita GDP of just about $2,000 – this would be the perfect proving ground to show once and for all that left wing economics can successfully turn the fortunes of a struggling people around, and give the world an alternative to its failing capitalist system.
2019-3-11 15:00 | |
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In an attempt to boost Bahrain as a financial tech hub, the Middle Eastern country is seeking participation from Indian firms to become a part of the growing fintech space in the region. “Financial service sector is the second biggest contributor to the GDP behind oil and gas and the effort is to grow the […]
2019-3-5 01:05 | |
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The US economy grew at a faster clip than even Donald Trump’s presidential administration had expected, according to the latest Commerce Department report which was delayed by the government shutdown.
2019-3-4 01:30 | |
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The Dow and wider U. S. stock market struggled for direction Thursday after talks between President Donald Trump and North Korea’s Kim Jong Un ended abruptly, raising the specter of a new confrontation with the hermit kingdom.
2019-3-1 19:30 | |
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Macro trends suggest that a global economic crisis could be looming. Worries about a global recession have been fed by the newly published GDP report showing that China grew at its slowest rate last year since 1990.
2019-1-24 17:38 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.
2018-10-4 20:51 | |
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MonetaryCoin: A unique approach to the coin cap MonetaryCoin is a new blockchain based project with strong economic foundations. According to the official website — https://monetarycoin. org, the coin cap is governed by a novel prize economic theory called monetarism.
2018-8-9 03:21 | |
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Thanks to blockchain and cryptocurrency, Japan’s economy may have greener pastures ahead. As the country’s GDP growth shrinks to lows last seen in the 1990s financial crisis — a. k. a. the “lost decade” — economists point to a technological boom as a potential catalyst for recovery.
2018-7-2 13:00 | |
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Japan’s GDP has slowed and stagnated over the past 20 years, but some think that it is on the verge of a technology fuelled “boom” — with strong feelings that blockchain technology and cryptocurrencies could spark the nation’s stalled economy.
2018-6-28 02:00 | |
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The travel industry is considered as the fastest-growing economic sector in the world. According to the report of the UNWTO (World Tourism Organization), it provides about 10% of the global GDP and 30% of total export of services.
2018-6-26 20:30 | |
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U. S. regulation of crypto assets is an ongoing issue for current politicians. This month, Capitol Hill played host to a watershed moment for crypto adoption in the U. S. Six executives from prominent crypto firms set out to demystify various aspects of their industry.
Six top officials of the Swedish central bank Riksbank made millions of dollars investing in stocks and funds - gains that may have been influenced by the bank's policy decisions during the Covid-19 crisis, a new report reveals.
Due to a serendipitous confluence of political, geographical, and jurisdictional stability, as well as low-cost energy in U. S. states, coupled with Beijing’s recent crypto crackdown, bitcoin mining is booming in the U.
A draft for an executive order concerning cryptocurrencies is reportedly being circulated among senior officials and regulators, proposed by the White House administration under President Joe Biden.
U.S. officials are on the prowl to fill the role of top bank regulation, and their latest candidate is no friend to the crypto space. The post Latest Candidate for Head Bank Regulator Highlights Risks of Crypto appeared first on BeInCrypto.
Antivirus software mogul John McAfee has been found dead in his cell within the Brians 2 prison near Barcelona, Spain. The post John McAfee Found Dead in Spanish Prison Ahead of Extradition to US, Report appeared first on BeInCrypto.
The SEC order found that from August 2017 through January 2018, Loci and its CEO raised $7.6 million from investors in an ICO by offering and selling crypto tokens called “LOCIcoin.” The post SEC Charges CEO of Crypto Startup for Unregistered ICO appeared first on BeInCrypto.