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The brisk economic recovery in May and June slowed from July through early September, in an indication that growth hinges on the course of the pandemic.
2020-9-26 01:40 | |
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U. S. President Donald Trump has signed an executive order to eliminate “unnecessary regulations that impede economic recovery” following the coronavirus crisis. With this deregulation, government agencies are “encouraged to promote economic recovery through non-regulatory actions.
2020-5-22 22:15 | |
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A key gauge of housing market health plunged 30% in April, but economists still believe the housing market could lead the economic recovery. The post Housing Market Poised to Lead Economy Out of Recession: Economist appeared first on CCN.com
2020-5-19 17:26 | |
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The economic recovery from the coronavirus pandemic will take at leas five years, according to Harvard economist and IMF head Kenneth Rogoff. The post Get Ready for a Decade of Economic Gloom, Warn Harvard Economists appeared first on CCN.com
2020-5-19 16:11 | |
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Federal Reserve Chairman Jerome H. Powell said on Wednesday that policymakers might need even stronger fiscal and monetary measures to restore the economic downturn that cost at least 20 million jobs.
2020-5-13 19:55 | |
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The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unprecedented in our lifetime and all forecasters are struggling to make out where the economy stands now,” one economist […] The post Bank of England Predicts Worst Economic Crash in 300 Years for UK appeared first on Bitcoin News.
2020-5-12 23:05 | |
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Venture capitalist Tim Draper says that the most dramatic form of an economic recovery could take three years
2020-4-28 21:00 | |
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The International Monetary Fund (IMF) produced a dark economic forecast for the remainder of 2020. It predicts that we will see an aggressive V-shaped recovery. According to IMF Managing Director Kristalina Georgieva, 2020 would see the worst crisis since the 1930s.
2020-4-21 20:32 | |
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Coronavirus antibody tests could be the key to reopening the global economy, but they're still a long way from being a magic bullet. The post Economic Recovery Hinges on Coronavirus Antibody Tests: That’s a Big Problem appeared first on CCN.com
2020-4-9 17:09 | |
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Optimism for a swift equities rebound rests on shaky assumptions that economic activity will bounce back once the coronavirus crisis begins to fade. The post $1.5 Trillion Bank Fears Brutal ‘L-Shaped’ Recovery – And Another S&P 500 Nosedive appeared first on CCN.com
2020-4-9 23:09 | |
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Bitcoin rebounded by almost 94 percent after bottoming out below $4,000 in mid-March. And the cryptocurrency could extend its upside momentum, according to a prominent investment management firm. Coincident Capital said Tuesday that the bitcoin price could hit $8,000, taking cues from the recovery of global equities amidst an otherwise looming economic crisis. The Cayman...
2020-4-9 18:12 | |
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Crypto assets continued a mini recovery this week. Large-cap assets enjoyed double-digit gains and a number of exchanges have reported a boost in new signups and KYC verifications. Bitcoin may be enjoying a boost as traditional markets and central banks continue to buffeted by the COVID-19 economic crisis.
2020-4-8 15:00 | |
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International Monetary Fund (IMF) Director Kristalina Georgieva sees the current economic crisis as the worst in the organization’s history. [CNBC] The analysis was presented at a news conference at the World Health Organization (WHO) in Geneva.
2020-4-5 09:15 | |
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Dow futures were in recovery mode Wednesday evening, as investors continued to monitor the economic blow back from coronavirus. Meanwhile, China's Communist Party is attempting to rewrite the narrative on the oubreak.
2020-4-2 02:57 | |
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Venezuela’s President Nicolas Maduro says Petro — the state-issued crypto, will be a major focus of the country’s government in 2020. Despite previous attempts to promote utility for the national cryptocurrency, public tokens like Bitcoin (BTC) and Dash are seeing the most adoption within the economically troubled country.
2020-1-16 22:00 | |
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“Armageddon” economists have been proven wrong by the economic recovery of the past few years. Many will likely be just as wrong about Bitcoin and cryptocurrencies. The economic forecast looks surprisingly good, but some economists were saying otherwise a few years ago.
2019-11-14 00:44 | |
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The price of gold rallied Wednesday, extending its recovery to two days after stocks plunged over dismal economic data. Gold Rallies; Silver Follows Bullion shot above $1,500 a troy ounce, reaching a high of $1,511.
2019-10-2 22:08 | |
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CEO and Founder of Morgan Creek Capital, Mark Yusko, recently appeared on CNBC’s Fast Money to discuss the possibilities of a deal between the U. S. and China, when they resume trade talks next month in Washington D.
2019-9-28 19:30 | |
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With trade talks between the US and China resuming next month all eyes are on the prospect of some kind of a deal. Not all are confident however and one industry executive still favors Bitcoin over any kind of economic recovery based on bilateral cooperation between the two powerhouses.
2019-9-27 07:00 | |
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By CCN Markets: Turkey likes bitcoin more than any of the other 14 nations polled in a recent survey by Dutch banking group ING. Sixty-two percent of Turks were crypto positive, while 36% said they would be happy to be paid in bitcoin.
2019-8-17 03:00 | |
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By CCN Markets: The Dow Jones bounced back into recovery mode on Thursday, regaining its momentum from an initial breakout above 26,000 last Friday. Heading into the afternoon session, the Dow had gained 53.
2019-6-14 20:26 | |
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By CCN: The Dow shot higher on Friday after President Trump stunned Wall Street with his prediction that the trade war would be resolved unbelievably quickly. However, as an increasingly-nationalist Beijing continues to strike an isolationist pose, is the White House fattening the stock market on a diet of false hopes ahead of a painful economic cold war? Dow Bounces Into Recovery Mode All of Wall Street’s major indices bounded into recovery mode on Friday, only to trim those gains later in the session.
2019-5-25 16:31 | |
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By CCN: The Dow exploded toward substantial gains on Thursday, ignoring analyst warnings that President Trump’s latest assault on China threatens to “derail” the trade deal and leave the two economic goliaths locked in an endless trade war.
2019-5-17 16:45 | |
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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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Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.
2019-4-20 22:59 | |
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The Dow Jones Industrial Average held relatively steady on Wednesday. According to Goldman Sachs, the US stock market recovery is unlikely to run into a recession anytime soon. If that’s the case, what’s holding back the Dow? Strategists Spar over Recession Risk and Dow Danger On Wednesday, the International Monetary Fund (IMF) slashed its outlook of the global economic growth rate from 3.
2019-4-10 20:59 | |
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Despite signs of a global economic slowdown, the Dow Jones Industrial Average may be just hitting its stride. Stocks rose on Thursday even as investors reconcile worries about growth with a market that keeps finding reasons to rally.
2019-3-29 11:35 | |
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The billionaire suggests technology is the answer to economic recovery.
2019-3-27 21:16 | |
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A survey published by Bank of America Merril Lynch on Tuesday has revealed key insights into the minds of global money managers. The survey measures responses from approximately 200 institutional, mutual and hedge fund managers around the world.
2019-3-20 15:50 | |
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The adoption of cryptocurrencies in Venezuela could contribute to economic recovery, argues one local economist.
2019-3-11 04:00 | |
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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.
2019-3-4 03:07 | |
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The cryptomarket has always been volatile. Out of that market volatility, stablecoins have emerged. Stablecoins are cryptocurrencies backed by real assets, such as fiat, gold, and so on. However, they stayed in the background for quite a long time, only gaining popularity when the market fell drastically.
2019-2-11 21:31 | |
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Venezuelan cryptocurrency Petro’s red flags mount as president Maduro artificially raises the coin’s value In a plot taken straight from a communist utopia novel, Venezuelan president Nicolas Maduro declared new domestic economic policies as a part of the country’s state-enforced “Plan of Economic Recovery”.
2018-12-3 05:58 | |
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Venezuela’s President Nicolas Maduro recently announced the official launch of the Petro cryptocurrency. In a follow-up development, the government says payment for travel passports will now be made in Petro.
2018-10-7 17:00 | |
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In an effort to reinvigorate an economy crippled by socialism on one hand and US-led sanctions on the other, Venezuela established the Economic Recovery, Growth, and Prosperity Program, which resulted in the development of a state-supported cryptocurrency.
2018-10-4 19:39 | |
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Venezuela’s oil-backed cryptocurrency, the Petro, will be released to the global markets this Monday, marking one of the first cryptocurrencies in the industry to be created and administered by a government.
2018-10-3 23:00 | |
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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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Humanity’s reliance on centralized financial institutions is coming to an end thanks to the power of decentralized cryptocurrency platforms. A New World Nobody has forgotten the global recession of 2008, which plunged the entire world into a state of panic and has left many industries still in a state of recovery.
2018-6-20 18:00 | |
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