In 2024, the global economy began to stabilize after the COVID-19 pandemic, although many countries still struggled to regain pre-2020 growth levels. With over 2 billion people eligible to vote, rising living costs became a major concern for citizens worldwide. Donald Trump’s recent election victory in the U.S. raised fears of new trade wars, as ...
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” warns that the financial system is in serious trouble due to inflation and currency devaluation in the U.S. He tells his 2.6 million followers that American savings are losing value because the government can print money at will. Kiyosaki describes the dollar as “fake money” and ...
The U.S. Federal Reserve has lowered its benchmark interest rate by 25 basis points to a range of 4.25%-4.50%, marking the third rate cut this year and a total of 100 basis points since September. Despite strong economic growth and rising inflation, this decision was anticipated by the Market. The Fed’s new projections indicate that ...
The U.S. Federal Reserve has lowered its benchmark interest rate by 25 basis points, bringing it to a range of 4.25% to 4.50%. This marks the third consecutive rate cut this year, totaling 100 basis points since September. While the Market anticipated this move, recent data indicated strong economic growth and rising inflation, leading to ...
The Federal Reserve recently lowered its key interest rate by 0.25 percentage points, marking the third consecutive cut. The new target range for overnight borrowing is now between 4.25% and 4.5%. Despite this reduction, the Fed remains cautious about future cuts due to ongoing inflation and solid economic growth. Chair Jerome Powell emphasized the need ...
French MEP Sarah Knafo has called on the European Union to establish a “Strategic Bitcoin Reserve” to enhance financial independence and address inflation challenges. In her recent speech, she highlighted successful examples like El Salvador’s early Bitcoin adoption and the growing acceptance of cryptocurrencies in global markets. Knafo criticized current EU financial policies as restrictive, ...
The cryptocurrency Market saw a significant surge on Wednesday after Bitcoin reached a historic high of $100,000 last week, with its price hitting $101,052.72, up 4.8%. Ether also rose 4% but remains below the crucial $4,000 mark. The broader CoinDesk 20 index climbed over 7%. This boost followed the release of the November consumer price ...
Amazon shareholders are pushing for the company to invest at least 5% of its assets in Bitcoin as a way to protect against inflation. This proposal, backed by the National Center for Public Policy Research, highlights how Bitcoin could safeguard Amazon’s $88 billion in cash and short-term assets, especially during times of economic uncertainty. While ...
A global think tank has suggested that Amazon should include Bitcoin in its strategic reserve by next year. The National Center for Public Policy Research claims that adding Bitcoin could help Amazon protect its $88 billion in cash and equivalents from inflation. With the U.S. inflation rate peaking at 9.1% in mid-2022, traditional assets like ...
Bitcoin has recently surged past the $100,000 mark, sparking calls, particularly from supporters of Donald Trump, for the U.S. government to buy a significant amount of the cryptocurrency as a hedge against inflation. However, economist Edward Lotterman warns that this frenzy is merely an example of a classic financial bubble. He emphasizes that for something ...
