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What is MMT and Why Is It Causing A Stir in America?
At a time when some market observers are increasingly of the opinion that America may be heading toward a recession, a fringe financial theory is starting to make its way around Washington DC. Pushed by bipartisan support from prominent politicians like Alexandria Ocasio-Cortez and – some would argue Donald Trump himself – Modern Monetary Theory (MMT), which has hitherto been regarded as a borderline lunatic idea is making a serious comeback into the political and economic conversation. дальше »
2019-3-19 14:11 | |
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Venezuela: Bitcoin to the Rescue as US-Led Visa, Mastercard Boycott Looms
With the United States government threatening to prohibit payment companies from processing transactions in Venezuela, citizens may be forced more than ever before to adopt Bitcoin. No More Visa and Mastercard Payments for Venezuelans According to Bloomberg, U. дальше »
2019-3-15 17:30 | |
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Dow Jones Trembles after Ex-Advisor Unloads on ‘Chaotic’ Trump White House
The Dow is uncomfortably timid heading into the week’s penultimate trading session, as the US stock market digests comments from former White House economic advisor Gary Cohn that paint a picture of a “chaotic” Trump administration. дальше »
2019-3-14 16:06 | |
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‘Peak Trump’ Author Predicts 40 Percent Drop in Stocks, Says Rally Is Irrational
Former U. S. budget director from the Ronald Reagan era David Stockman is predicting a stock market collapse. Stockman, who is also the author of a book called “Peak Trump,” is not impressed by the S&P 500’s three-day winning streak or the fact that the index is about close at a multi-month high after last week’s declines. дальше »
2019-3-14 03:15 | |
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Wall Street Trading Bots Fail as Fed Flip-Flops and Trump Tweets
The party may be over for automated trend-following trading strategies on Wall Street. As a recent report by Bloomberg highlights, the once legendarily profitable investment systems run on computers by hedge fund managers have lost their edge. дальше »
2019-3-4 18:53 | |
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US-China Trade Optimism Fuels $1 Trillion Chinese Stock Rally
Following a period of economic turmoil caused by trade friction between the U. S. and China, Chinese markets are experiencing an extraordinary recovery driven by indications that Donald Trump may be softening his hard line in trade negotiations between the world’s two largest economies. дальше »
2019-3-4 03:07 | |
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Q4 US Economic Growth Beat Even Donald Trump’s Expectations
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. дальше »
2019-3-4 01:30 | |
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Dow Struggles as US Stock Market Wrestles with Cooling Trump Economy
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. дальше »
2019-3-1 19:30 | |
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Ivanka Trump Castigates Alexandria Ocasio-Cortez over Green New Deal
First daughter and White House senior adviser Ivanka Trump has hit out at Democratic U. S. House Rep. Alexandria Ocasio-Cortez’s proposal of a guaranteed minimum wage, saying it goes against the will of the majority of Americans. дальше »
2019-2-27 19:14 | |
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Janet Yellen Blasts Donald Trump for ‘Lack of Understanding’ of U.S. Fed Reserve
In a recent interview, the renowned female economist Janet Yellen was critical of US President Donald Trump’s economic prowess. Yellen says Trump demonstrates a “lack of understanding” as she prepares to become president-elect of the American Economic Association. дальше »
2019-2-26 09:39 | |
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Donald Trump Just Got Snubbed by UK, Germany in Plan to Block Huawei from Global 5G Domination
Bad news for Donald Trump as Britain and Germany won’t be joining the United States in its crusade to crush Huawei’s operations, but they do need guarantees from the Chinese firm. It seems both countries are not interested in getting caught in the dispute between the U. дальше »
2019-2-20 19:48 | |
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Is Kudlow Shorting the Dow? Stock Market Plunges as Top Trump Adviser Says US & China ‘Miles’ Apart on Trade
The Dow’s mid-week sell-off took an even steeper turn on Thursday after White House economic adviser Larry Kudlow broke from the Trump administration talking point that the United States and China are close to reaching an agreement to end the trade war before new tariffs kick in at the beginning of March. дальше »
2019-2-7 20:56 | |
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Dow Creeps Lower as Wall Street Braces for Trump’s State of the Union Address, Worsening Corporate Earnings Outlook
The U. S. stock market was mixed on Monday, as investors braced for another busy week for corporate earnings and economic data. President Donald Trump’s forthcoming State of the Union address will up the ante on congressional lawmakers racing to get a deal in place by the end of the week. дальше »
2019-2-5 19:27 | |
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Russia to Buy Billions of Dollars Worth in BTC Next Month, Russian Economist Says
The Russian government is unwilling to allow the unilateral economic sanctions imposed by Donald Trump’s government to further affect its economy and may be considering a forceful measure to combat American power in this current diplomatic war. дальше »
2019-1-9 18:35 | |
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Trump Blows the Lid-Off IPO Plans by Slapping High Taxes on Beijing’s Mining Hardware
In continuation of President Trump’s protectionist laws, Chinese goods are taxed steeply when imported into the US. The latest victim of this economic policy has been crypto mining gear manufactured in China, by the world’s number one mining hardware manufacturer Bitmain. дальше »
2018-10-17 21:56 | |
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Former Economic Advisor to Donald Trump Joins Blockchain Start-up
Spring Labs, a United States based blockchain start-up, announced on Oct. 12 that Gary Cohn, former economic advisor to President Donald Trump, has agreed to join the company’s board as an advisor. дальше »
2018-10-16 21:04 | |
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Former Trump Aide and Goldman Sachs Exec Gary Cohn Joins Blockchain Startup
Gary Cohn, a former chief economic aide to President Trump and president of Goldman Sachs, will join the blockchain startup Spring Labs as an advisor, Bloomberg reports. More: Gary Cohn is joining blockchain startup Spring Labs as an adviser https://t. дальше »
2018-10-14 01:59 | |
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Goldman Sachs Ex-President Gary Cohn to Advise Blockchain Startup
Former Goldman Sachs president and Trump chief economic adviser, Gary Cohn, will take an advisory role with Spring Labs. The FinTech startup aims to use blockchain technologies to revolutionize credit and identity services. дальше »
2018-10-13 17:00 | |
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Former Trump adviser comes out of hiding to help blockchain superstart-up
The former White House economic adviser, Gary Cohn, has just started a new career in blockchain. Announced in a press release on Friday, the ex-Goldman Sachs president is to advise fintech startup Spring Labs, who build blockchain-focused solutions for securing and sharing consumer credit data. дальше »
2018-10-12 18:19 | |
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Iran’s Indigenous Cryptocurrency Is Designed To Beat Trump’s Sanctions
In response to a number of economic sanctions imposed on Iran by the United States, the country had announced that it would be considering the production of a native cryptocurrency, designed to help Iranian banks avoid the sanctions imposed by the Trump administration. дальше »
2018-8-30 23:00 | |
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Iran is Preparing National Rial-Backed Cryptocurrency to Evade US Sanctions
Rogue state Iran has reportedly announced details about its plans to launch and support its own national cryptocurrency, in an attempt to evade sanctions imposed by the Trump administration. Iran Cryptocurrency Will Be Backed By Rial The Republic of Iran is facing an economic crisis due to United States-led sanctions, and its rial fiat currency. дальше »
2018-8-30 21:00 | |
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Donald Trump and President of Turkey’s Economic Turmoil is Boosting Crypto Activity
Turkey’s Citizens Are Looking Toward Bitcoin United States imposed sanctions on Turkey have had negative consequences upon the country and there is no indication of the Trump Administration changing its stance. дальше »
2018-8-21 21:05 | |
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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. дальше »
2018-8-16 00:26 | |
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US Treasury: Blockchain “Poised to Impact Innovation” in Finance
In a report to President Trump entitled “A Financial System That Creates Economic Opportunities Nonbank Financials, Fintech, and Innovation”, the US Treasury described blockchain and distributed ledger technology as “promising innovations”. дальше »
2018-8-2 20:00 | |
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Iranian cryptocurrency planned by IRAN to rise above U.S sanctions
While giving a statement about this latest initiative of Iranian cryptocurrency, Daliri also clarified that the central bank was working with “domestic knowledge-based companies” to develop the domestic digital currency. дальше »
2018-7-27 22:15 | |
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Iran Plans to Issue its Own Cryptocurrency to Bypass Trump’s New Economic Sanctions
Iran is planning to develop its own digital currency as a solution to overcome new economic sanctions introduced by U.S. President Donald Trump. The post Iran Plans to Issue its Own Cryptocurrency to Bypass Trump’s New Economic Sanctions appeared first on CoinSpeaker. дальше »
2018-7-26 21:33 | |
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How To Bypass Donald Trump’s Economic Sanctions With Crypto And Bitcoin
We all seem to forget that cryptocurrency was made for this exact reason. By using the blockchain, cryptocurrency can allow citizens to break free from economic pressure to seek liberation from sanctions. дальше »
2018-7-26 14:00 | |
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Iran Designs National Digital currency as New US Assents Linger
Iran may soon issue its own cryptocurrency as a way to bypass new economic sanctions enacted by U. S. President Donald Trump. A plan to develop an “indigenous” cryptocurrency is currently on the agenda of the government’s Science and Technology Department, according to Iran’s official news outlet PressTV. дальше »
2018-7-26 13:59 | |
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Iran Plans National Cryptocurrency as New US Sanctions Loom
Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump. дальше »
2018-7-26 12:30 | |
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Borderless & Neutral Bitcoin Attractive in Global Trade War
The trade war continues to escalate, already inflicting pain and creating uncertainty. However, this crisis brings out Bitcoin’s various virtues —such as being inflation-resistant and its formidability as a hedge currency. дальше »
2018-7-10 02:00 | |
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