Search Results for: oil production

Latam-Einblicke: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating

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Willkommen bei Latam Insights, ein Kompendium der wichtigsten Krypto- und Wirtschaftsentwicklungsnachrichten aus Lateinamerika der letzten Woche. In dieser Angelegenheit, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech…

French President Emmanuel Macron on Taiwan: ‘Being an Ally Does Not Mean Being a Vassal’

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French president Emmanuel Macron has decided to double down on his strategic autonomy policy thesis, declaring that Europe should not be forced to side with Beijing or Washington on Taiwan. Macron declared that being a U.S. ally ‘does not mean being…

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

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After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. zusätzlich,…

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

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China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March,…

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

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Am Sonntag, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…

Wie sich die Fed dreht 109 Jahre alt, Die Kaufkraft des US-Dollars wurde um mehr als erodiert 96% Seit seiner Entstehung

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109 Jahre zuvor, die USA. Die Federal Reserve wurde gegründet und hat seitdem nichts verloren, die Kaufkraft der USA. Der Dollar ist stark gefallen. Seit es die Fed gibt, mehr als 96% des Greenbacks’Die Kaufkraft wurde ausgelöscht…

Der saudische Chemiehersteller SABIC startet ein Blockchain-Pilotprojekt

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A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using blockchain include…

Kasachstan geht gegen illegalen Bergbau vor, Büsten 13 Krypto-Farmen

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Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, das Land’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down Unauthorized Crypto…

Der Bitcoin-Mining-Bericht zeigt das Emissionskonto des Netzwerks für 0.08% des weltweiten CO2

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Während des letzten Jahres, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. Schild, the cryptocurrency firm Coinshares published a report that…