The US Treasury Department is exploring the possibility of buying cryptocurrencies for a strategic reserve, starting with bitcoin. This was announced by the head of the department Scott Bassett. The preparation of a discussion on these innovations coincides with a planned meeting of industry representatives with President Donald Trump at the White House.Bessent clarified that at first, the reserve will be formed at the expense of confiscated digital assets. Subsequently, it is planned to explore... Více
Italian caretaker government already established its updated multi-year economic plan on Thursday.... Více
The Bank of Canada governor Stephen Poloz said the nation is moving toward a positive note after... Více
South Korea’s economy had rallied in the previous quarter as health exports were buoyed, government ... Více
The U.S. economy strengthens following the rebound of the U.S. consumer confidence and... Více
The economic forecast of German government slid down to 2.3 percent from the previous 2.4 percent... Více
The consumer prices have weakened in the previous quarter as core inflation lower than the central... Více
Singapore’s inflation remained subdued in the previous month due to a gradual increase in prices of ... Více
The central bank of Iran has prohibited trading of cryptocurrencies including Bitcoin due to money... Více
Manufacturing activity in Japan grew at a faster pace this month compared in March, considering... Více
Japan apprised its G20 equivalent saying that protectionism and interchange of retaliatory measures... Více
Economic growth of Germany has the tendency to slow down gradually in Q1, however, the upswing in... Více
Following a loose monetary policy for a decade, the Federal Reserve will probably increase their... Více
The jobless rate in Australia was unchanged in March compared with the revised forecast in the past... Více
The International Monetary Fund issued its two-yearly assessment for New Zealand and showed that... Více
China’s economy advanced at a slightly faster-than-anticipated rate of 6.8 percent in the first q... Více
The recent forecasts show that economic data continue to feel the impact of the cold weather... Více
The annual inflation in Malaysia is anticipated to rise by 1.6 percent in March which has risen to... Více
Chinese economy slowed down gradually in Q1 due to government struggle over credit and financial... Více
China’s exports dropped unexpectedly in March which has been drop over a year since February 2017. T... Více
Based on the survey of company directors, the optimism on the British economy has improved compared... Více
The central bank of South Korea kept their interest rates unchanged on Thursday as Governor Lee... Více
The new Chairman of the Fed Reserve, Jerome Powell officiated the interest rate hike in March... Více
The Japanese core machinery climbed higher unexpectedly for the month of February, for a second... Více
The industrial output of Italy suddenly weakened in February which further showed signs that growth... Více
Following the weakened data from the eurozone economic indicators, the European Central Bank does... Více
Asset bubble in Tokyo could be reversed for a long run since the economic expansion in the 1980s as... Více
According to National Economic Council Director Larry Kudlow, US President Donald Trump... Více
The central bank of Colombia is not yet certain of food price increase in the second half of the... Více
India and Sweden joined hands in pioneering seed money to support start-ups in some sectors, said... Více
The service sector in Japan grew at a slower manner in the period of one year and five months with... Více
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