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... Čítať viac
China aims to reduce its oversupply in the steel sector for next year according to the National... Čítať viac
The Egyptian economy slowed down for the 17th time within the month of February showing a much... Čítať viac
UK Chancellor Philip Hammond has announced that he will be utilizing Wednesday’s budget to offer m... Čítať viac
An accommodating local currency market that is both open and competitive to curb the impact of... Čítať viac
Indian President Pranab Mukherjee mentioned that the country’s economic growth plays between 0 to 1 ... Čítať viac
The US job market looks like it’s in for more positive movements in the coming days after the c... Čítať viac
For three succeeding session, the crude oil dropped as the supply accumulated affecting the overall... Čítať viac
The country bounded in the Western Indonesia, Timor Leste or called East Timor in the past has... Čítať viac
Inequality and poverty rates in the UK are expected to get worse within a five year-period as the... Čítať viac
The Central bank of China funded 413.85 billion yuan equivalent to 60.2 billion U.S. dollar in... Čítať viac
After 25 years the economy of Nigeria experienced an annual decline in its economic output as the... Čítať viac
Investors are now shifting their focus from Donald Trump’s Congress address to the timing of the F... Čítať viac
The Australian economy is assumed to have recovered after a surge in demand for exports and... Čítať viac
The consumer confidence of UK for this month declined while the British currency weakened. The... Čítať viac
The US Senate has already confirmed the appointment of billionaire Wilbur Ross as US Commerce... Čítať viac
In the upcoming week, the passive investment funds are expected to rise to $2 billion from... Čítať viac
The economy of Argentina beefed up by 1.6% during the month of December compared with last month... Čítať viac
The Dow Jones Industrial Average Index (DJIA) has recently recorded another all-time high for the... Čítať viac
The economy of India is projected to fell nearly three-year low for the last three months of the... Čítať viac
The greenback declined versus other major currencies on Thursday because of the absence of... Čítať viac
Contrary to the general market sentiment, the FOMC is not so keen on raising interest rates this... Čítať viac
Business investments in Australia dropped for the fourth straight quarter as miners lessened while... Čítať viac
A couple of years later the negative growth in the economy of Venezuela continues which brought... Čítať viac
Financial authorities in China have allocated billion of dollars in tax downsizing and penury aid... Čítať viac
The sovereign states, Britain and Singapore held yesterday the renewal of their bilateral ties... Čítať viac
Donald Tsang, the ex-chief executive of Hong Kong, has just been charged with grave misconduct... Čítať viac
Brazil lowered its inflation rate less than 5 percent halfway February for the first time since... Čítať viac
Policymakers in the UK are pressuring UK PM Theresa May to increase transparency with regards to... Čítať viac
Crude oil prices stayed in the holding pattern as it awaits for a much clearer data regarding the... Čítať viac
Emergings markets are attracting more investors to invest in infrastructures hoping for higher... Čítať viac
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