Crypto market risk profile similar to oil prices and technology stocks, Coinbase says July 6, 2022 Crypto risk profiles are like those in oil prices and tech stocks, according to crypto exchange Coinbase. “The market expects crypto assets to become more and more intertwined with the rest of the financial system, and thus to be exposed to the same macro-economic forces that move the world economy,” Coinbase Institute Chief Economist Cesare [...]
Analysis: Braverman is gone and Cameron is back as the moderates take back control November 13, 2023 Suella Braverman out, David Cameron in. For a moment, at least, centre-right Conservatives have taken control of the government, without so much as a hat tip to the culture-war fiends on the backbenches.
Ukraine: Number 10 warns of ‘grave possibility’ of Russian invasion this week February 14, 2022 Number 10 has warned there is a “grave possibility” of Russia invading Ukraine this week as diplomatic efforts to de-escalate the crisis continue to falter. Boris Johnson’s official spokesman told journalists today that “there remains a window of opportunity to deescalate and pursue a diplomatic path … we stand ready to have further discussions with [...]
Cost of living crisis to throttle UK economic growth, IMF warns April 19, 2022 A historic cost of living crunch that is being stoked by Russia’s invasion of Ukraine and strict lockdowns in China will disrupt Britain’s road to recovery, fresh forecasts published today by the world’s economic watchdog revealed. UK households are set to slash spending in response to rampant inflation eroding their living standards rapidly, choking growth [...]
Bitcoin disappoints as safe haven asset amid conflict with Ukraine February 28, 2022 Crypto is failing to live up to its reputation as a safe haven amid the conflict with Ukraine according to market analysts.
Europe funds Russian war efforts as biggest buyer of Kremlin-backed fossil fuels June 13, 2022 Fossil fuels are filling the Kremlin's war chest and despite its sanctions, the EU remains its biggest buyer of energy supplies.
UK voters’ concerns on inflation reach highest level in four decades July 26, 2022 UK voter worries on inflation are at their highest since the 1980s as the country faces a severe cost of living crisis and prices of essentials surge. The July 2022 Ipsos Issues Index by research company Ipsos showed that 45 per cent of adults in the UK view inflation as one of the most pressing [...]
Crypto exchanges refuse to ban Russian users as rouble trading surges March 1, 2022 Crypto exchanges are resisting calls for a blanket ban on Russian users despite a surge in rouble trading volumes.
Balancing ties: The countries lagging in their response to Russia’s invasion of Ukraine March 2, 2022 As Europe throws its support towards Ukraine amid Russia’s invasion, a number of international players have remained quiet, trying to balance their ties between Kyiv and Moscow. A trend of neutrality has emerged from India, Brazil, the UAE, Azerbaijan and China. However, others have backed Russia, tempted by trade deals and owed favours. Pakistan today [...]
China boosts Russian oil supplies despite Zero Covid slowdown October 24, 2022 China's has ramped up its oil imports from Russia 22 per cent year-on-year, despite a drop in consumption due to its lockdown measures.