China Pushes Digital Yuan for Wage Payments in Changshu

Changshu, a city in China with more than 1.5 million inhabitants, will pay public workerswages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the

French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’

Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in

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

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. Además,…

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

El domingo, 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

Informe del Banco Mundial pronostica sombrías perspectivas económicas mundiales, Citando “acontecimientos adversos” y una “desaceleración duradera”

es enero. 10, 2023, el Banco Mundial publicó su informe Perspectivas Económicas Globales, afirmando que las perspectivas para la economía global y las condiciones económicas futuras son sombrías. Según el informe, 2023 Las previsiones de crecimiento se han recortado en todos los ámbitos., con…

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% contra los estados unidos. dólar. sobre el pasado 65 días, gold has soared 14.55% while silver has skyrocketed 22.31%

Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market

Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this time. kraken…

Mayores motores: BCH sube a máximo de 1 semana, Disminuciones del DOT

Bitcoin cash rose to a one-week high in today’sesión, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacted to rising geopolitical tensions. Polkadot was a notable

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Este Dia’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…

‘Dr. Doom’ Nouriel Roubini to Launch Tokenized Dollar Replacement — With Payment and ESG Features

Economist Nouriel Roubini, a crypto skeptic known asDr. Doom,” is developing a tokenized asset intended to be a more resilient U.S. dólar. “Our goal is to create a global store of valueThis is something akin to a substitute