Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues

Dobrodošli v Latam Insights, zbirko najpomembnejših novic o kripto in gospodarskem razvoju iz Latinske Amerike v zadnjem tednu. V tej številki: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, and the

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. Dodatno,…

Robert Kiyosaki Says ‘America Is Dying’ — Warns of Hyperinflation, Death of US Dollar

Rich Dad Poor Dad author Robert Kiyosaki has issued a warning about the potential demise of the U.S. dollar and the looming threat of hyperinflation. He has expressed concern that the USD may lose its value andbecome toilet paper.Further,…

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

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,…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Ob istem času, the cycle with the highest hikes may soon be over, the officials indicated. End of

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

V nedeljo, 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

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as thePanic of 2023,drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable

SEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives

ZDA. Komisija za vrednostne papirje in borzo (SEC) has filed charges against crypto trading platform Beaxy and its executives. Dodatno, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering andmisappropriated at least $900,000

Bitcoin, Tehnična analiza Ethereuma: ETH Moves Above $1,800 as BTC Nears $28,000

Ethereum rose above $1,800 for the first time since August, as markets continued to react to the Feds decision to inject $300 billion into the economy. This comes following the recent banking crisis, which saw the likes of Silicon Valley Bank

Bitcoin, Tehnična analiza Ethereuma: BTC Hits $27,000, Securing Fresh 9-Month High

Bitcoin moved to a fresh nine-month high on Friday, as prices moved above the $27,000 level. The surge comes following the U.S. Državne rezerve’s decision to backstop embattled banks to a record tune of $152.9 milijarde. Ethereum was also in the