Bitcoin Nearly Doubles In Three Months
For the first time since June, Bitcoin has moved above $30,000, ahead of key inflation data coming out later this week which it is believed will give cause for optimism…
The Dollar Displaced By The Yuan On Moscow Exchange
A monthly financial market report published Monday by the Bank of Russia (CBR) revealed that the the share of the Chinese yuan on the Moscow exchange (MOEX) reached an all…
Bankruptcies Soar In The Netherlands
During the first quarter of 2023 the number of bankruptcies in the Netherlands more than doubled, according to a new report by the NL Times on Sunday which cited data…
Cheaper Russian Crude Shipped To India, Drops Gulf Prices For India As Well
On Tuesday, citing preliminary official statistics, Bloomberg reported that Iraq lowered its prices for petroleum products to India in February in an attempt to compete with the steady flow of…
Florida Board Moves To Seize Power Over Disney World Cities
In the latest twist in the battle between Disney and a newly formed oversight board created by Florida Governor Ron DeSantis, the board has passed a resolution seeking to assert…
Twitter Inc Is Subsumed by Elon Musk’s X Corp
Twitter Inc. is no more, having been subsumed into Elon Musk’s X Corp, in a move many believe will be the initial step towards producing what Musk has referred to…
IMF Chief Says India And China Will Produce Half Of World Economic Growth
The head of the IMF, Kristalina Georgieve, noted that although the global economic slowdown is expected to continue this year, Asia will remain a “bright spot.” She went on to…
Russia’s Voluntary Crude Production Cuts Roughly 40% Higher Than Promised
According to a new analysis by Bloomberg, Russia cut its oil output in March by 40% more than it had previously announced it would. The report cited a source familiar…
US Tech Firm Physically Destroyed Inventories In Russia Before Exiting
On Wednesday, TASS news agency reported that this past January, US software and network equipment manufacturer Cisco Systems destroyed more than $20 million worth of its inventory in Russia. The…
Crypto Billionaires Lost Billions Over The Last Year
Earlier this week, Forbes reported that over the past 12 months, the richest crypto-billionaires lost a combined $110 billion, marking a massive 75% year over year decline in wealth. The…
