Categories Business Challenging road ahead: EU cuts economic growth rate all the way through 2021 Posted on Posted onNovember 9, 2019November 9, 2019By Editor The European Commission has downgraded the growth forecast for the euro area, warning of “a protracted period of subdued growth and low inflation in the context of high uncertainty.” … Read More >Challenging road ahead: EU cuts economic growth rate all the way through 2021
Categories Business Billionaires’ wealth falls for first time since 2015, but don’t feel bad because it’s ‘likely to go up again’ Posted on Posted onNovember 9, 2019November 9, 2019By Editor A new report by UBS and PwC has found that the world’s richest lost $388 billion last year, with their wealth dropping to $8.539 trillion. … Read More >Billionaires’ wealth falls for first time since 2015, but don’t feel bad because it’s ‘likely to go up again’
Categories Business Google Cashes in on Scammers Wooing Investors Into Get-Rich Schemes on its Search Engine – Report Posted on Posted onNovember 9, 2019November 9, 2019By Editor Google is promoting scam websites that are using its search engine to woo people seeking investment opportunities to put their money into “high-risk or potentially fraudulent” schemes, The Times has found. … Read More >Google Cashes in on Scammers Wooing Investors Into Get-Rich Schemes on its Search Engine – Report
Categories Business South Korea aims to boost trade with Russia to $30 billion by next year Posted on Posted onNovember 7, 2019November 7, 2019By Editor South Korean President Moon Jae-in said on Thursday that he expects the volume of trade between Russia and the Republic of Korea to continue growing. … Read More >South Korea aims to boost trade with Russia to $30 billion by next year
Categories Business Crypto worthless? 99% of all digital coins will go to zero, Ripple CEO predicts Posted on Posted onNovember 6, 2019November 6, 2019By Editor The real problem with digital assets is that “historically there was a lot of hype in the crypto ecosystem,” Ripple CEO Brad Garlinghouse told Bloomberg. He said most cryptocurrencies will probably become worthless in the future. … Read More >Crypto worthless? 99% of all digital coins will go to zero, Ripple CEO predicts
Categories Business China signs nearly 200 deals for new Silk Road projects & eyes further expansion Posted on Posted onNovember 5, 2019November 5, 2019By Editor China’s trillion-dollar Belt and Road Initiative (BRI), also known as “One Belt, One Road,” has already attracted nearly 170 participants, Chinese President Xi Jinping has announced, vowing to further develop the project. … Read More >China signs nearly 200 deals for new Silk Road projects & eyes further expansion
Categories Business US tech companies to lose $40 billion as China’s Huawei takes its business to Europe Posted on Posted onNovember 5, 2019November 5, 2019By Editor Chinese telecom giant Huawei has revealed plans to spend tens of billions of dollars on technology supplies in Europe over the next five years after being blacklisted in the US. … Read More >US tech companies to lose $40 billion as China’s Huawei takes its business to Europe
Categories Business Russia, China & Turkey push global gold purchases to new highs Posted on Posted onNovember 5, 2019November 5, 2019By Editor Global bullion holdings continued to rise in the third quarter of this year, with net purchases up 12 percent compared to last year, according to World Gold Council (WGC) data. … Read More >Russia, China & Turkey push global gold purchases to new highs
Categories Business USA US airlines won’t immediately bring Boeing 737 MAX back to the skies even if FAA says it’s good to go – reports Posted on Posted onNovember 4, 2019November 4, 2019By Editor Aiming to win back public confidence in the Boeing 737 MAX, major US airliners are reportedly planning to hold demonstration flights with senior company officials, but not real passengers, on board to prove the model is safe. … Read More >US airlines won’t immediately bring Boeing 737 MAX back to the skies even if FAA says it’s good to go – reports
Categories Business What broke the bond between oil and gold? Posted on Posted onNovember 4, 2019November 4, 2019By Editor For decades, two of the world’s most-watched commodities, oil and gold, have typically moved in tandem. But lately, gold has been on steroids while oil prices have decidedly been on Quaaludes. … Read More >What broke the bond between oil and gold?
