Blinken Nudges Nigeria On Capital Flows For US Businesses
Secretary of State Antony Blinken voiced hope Wednesday for greater US investment in Nigeria, but called on Africa's largest economy to reassure investors that they can repatriate their funds.
Iraq No-frills Carrier Says No Grounds For US Sanctions
Iraqi no-frills carrier Fly Baghdad has condemned Washington's imposition of sanctions, saying the US Treasury provided no proof of its allegation the airline had assisted Iran's Revolutionary Guards.
P&G Reports Mixed Earnings, Higher Prices Boost Revenue
Consumer goods giant Procter & Gamble painted a mixed picture in its earnings report Tuesday, as price hikes supported revenue growth but customers appeared to pull back in some purchases.
Shiba Inu Steals The Spotlight, Leaving Bitcoin Behind In Positive Online Discussions: Study
A comprehensive study conducted by Coinwire unveiled that Shiba Inu is one of the standout cryptocurrencies that garnered substantial positive discussions across various social media platforms throughout the year 2023.
Africa In Debt Spiral As Restructuring Efforts Drag On
While the explosion of debt is throwing a shadow over global economic growth, experts warn that sub-Saharan Africa, where several countries are already in default, is experiencing its worst-ever crisis.
Economic Outlook Keeps Investors Wary On Nigeria
Record inflation, a sliding naira currency and weak financial structure are keeping investors wary of Nigeria, Africa's largest economy, with some companies even stepping away despite economic reforms under recently-elected President Bola Ahmed Tinubu.
Japan Inflation Slows In December As Energy Bills Drop
Japanese consumer inflation slowed again in December due to lower electricity and gas bills, government data showed Friday, ahead of a Bank of Japan policy decision next week.
Tether's Bullish Move Cements Status As Major Bitcoin Player With $380 Million Bet
The wallet address associated with Tether occupies the 11th position within the esteemed Top 100 Bitcoin Holders list, laying claim to an impressive 0.3% stake in the prevailing circulating supply of the world's largest cryptocurrency by market capitalization.
OneGold Is Changing Precious Metal Ownership With A User-Friendly Platform And Ultra-Low Costs
Platforms like OneGold have emerged as a game-changer, offering investors a seamless and cost-effective way to engage in precious metal ownership.
Trump Vows to Shield US from CBDCs: A Stand To 'Protect Americans From Government Tyranny'
"Tonight, I am also making another promise to protect Americans from government tyranny," Trump said.
What Is Driving The Big Comeback Of Japanese Stocks? Will It Last?
Trading at around 36,000, the Nikkei is less than 15% below its old-time high of the late 1989s when Japanese equities were among the hottest in the world.
IMF Grants Kenya New $941 Million Loan
The International Monetary Fund said it has granted Kenya a new loan of more than $941 million to help buttress the finances of the cash-strapped East African nation.
Crypto, Ether ETF 'A Certainty': Ripple CEO Calls Gensler's Regulatory Strategy A 'Political Liability'
Garlinghouse said that the swift rise in Ethereum's value after the authorization of spot Bitcoin ETFs is a clear indicator of the market's strong interest in a more diverse range of ETF products.
Goldman Sachs Q4 Profits Jump 58% To $1.9 Bn On Strong Equity Trading
Goldman Sachs reported a jump in fourth-quarter profits Tuesday as a surge in revenues for equity trading offset weaknesses in other areas, including merger advising revenues.
Hit Chinese TV Series Rekindles Sidelined Shanghainese Dialect
A hit Chinese television series set in gritty but glamorous 1990s Shanghai has sparked a wave of nostalgia for the megacity's boom years, and reignited interest in its declining dialect.
Elon Musk Holds Ground, Dogecoin and Bitcoin Retain Solid Positions On Tech Tycoon's Holdings
Musk, who christened himself as DogeFather, shared during a recent X Spaces event that he still owns DOGE while another one of his companies still has "a bunch" of Bitcoin on its portfolio.
Exclusive Interview: Morph CEO On Spot Bitcoin ETFs As A New Frontier In Crypto Investment
Despite the potential benefits, spot Bitcoin ETFs could trigger oversaturation and dilution of investments among too many funds.
22 Miners Killed In Tanzania Landslide
Twenty-two people have lost their lives following a landslide at a mine in northern Tanzania, officials said on Sunday.
Venezuela Kills Off Petro Cryptocurrency
Venezuela is putting an end to the petro cryptocurrency that President Nicolas Maduro launched six years ago to sidestep US sanctions, but which never took off and became embroiled in a graft scandal.
Vanguard Unmoved By Record-Smashing $4.5B Bitcoin Exchange-Traded Funds Kickoff, Gives BTC ETFs The Boot
While over a dozen financial firms started offering Bitcoin ETFs on Thursday, with BlackRock, Grayscale and Fidelity emerging on top – registering around $4.5 billion in cumulative trading volumes, the crypto investment vehicle is not available for purchase in one of the biggest fund issuers in the world, Vanguard.
2023 Inflation Tops 211 Percent In Economic Crisis-torn Argentina
Argentina's annual inflation surged beyond 200 percent in 2023, the statistics agency said Thursday, as the country grapples with an economic crisis new President Javier Milei has vowed to address by slashing state spending.
From Skepticism To Possibility: Musk Contemplates Bitcoin For Mars Colony
Musk, initially skeptical, is now reconsidering the use of Bitcoin as a potential currency for Mars colonization, contemplating its feasibility and the challenges of transaction times in space.
India's TCS, Infosys See Revenue Dips On Client Spending Cuts
Indian IT giants TCS and Infosys both signalled weak revenue growth in quarterly results Thursday as a client spending slowdown deepened a seasonally weak time for the sector.
Will The Expanded BRICS Finally Dethrone The Dollar With Help From Crypto?
Now gaining power, the idea of replacing the dollar with an alternative currency that would enable them to settle payments, at least among each other, has been something that BRICS countries have sought for several years.
US Regulators Authorize First Bitcoin Funds On Public Markets
US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.
Huthi Attacks Idle Suez Canal, Deepen Egypt's Economic Woes
Attacks by Yemen's Huthi rebels in the Red Sea have caused shipping companies to avoid the Suez Canal -- a key source of revenue for Egypt as it battles a deep economic crisis.
Rising Prices Cap India's Thirst For Russian Oil
Indian purchases of Russian crude in defiance of Western pressure over the Ukraine war have fallen to an 11-month low as the price tag on the discounted oil rises, figures show.
Cubans Fear Worsening Inflation As Fuel Price To Soar 500%
Already under the yoke of inflation and product scarcity, many Cubans don't know how they will cope with a new 500-percent surge in the fuel price.
Budget-Crunched Cuba To Hike Fuel Prices Over 500 Percent
Cuba's cash-strapped government announced Monday that fuel prices will soar by more than 500 percent beginning February 1, part of a series of economic measures aimed at reducing the deficit.
Bhutan Votes As Economic Strife Hits 'National Happiness'
The Himalayan kingdom of Bhutan began voting Tuesday in general elections with parties vowing to tackle serious economic challenges, calling into question its longstanding policy of prioritising "Gross National Happiness" over growth.