Today: Bank of England to push interest rates to 13-year high to slow cost crunch and inflation May 5, 2022 Interest rates are expected to be hiked once again later today to their highest level for 13 years as the Bank of England battles to cool rocketing inflation. The Bank’s policymakers are predicted to increase rates from 0.75 per cent to 1 per cent – a level not seen since early 2009 – and ramp [...]
Bitcoin continues to gain ground as crypto markets look to establish stability January 11, 2023 The price of Bitcoin is up by 1% over 24 hours at $17,440 this morning while Ethereum is changing hands for $1,335 - a modest rise of 0.49%.
We must not put ourselves into turmoil for a short-lived upper hand on Russia March 14, 2022 Since Russia’s invasion of Ukraine, the security of our energy supply – already volatile over the last few months – has taken on a renewed urgency. It is not a new concern—the “energy gap” has been a hot topic for at least the last decade—but the prospect of disrupting, suspending or severing entirely our economic [...]
Bitcoin breached $26k for the first time since June last year March 15, 2023 The price of Bitcoin was holding steady around $24,900 this morning, while Ethereum (+2.07%) was trading for $1,710.
Crypto markets respond to latest US inflation numbers March 8, 2023 The price of Bitcoin was falling from $22,012 this morning, while Ethereum is valued at $1,554 as crypto markets respond to interest rate news.
Slowing business activity strengthens UK recession risk May 26, 2022 Swelling costs and fears over rampant inflation forcing consumers to slash spending are eroding British businesses’ optimism, casting doubt over whether the country can avoid a recession, two surveys published today reveal. Households are cutting discretionary purchases in response to living costs climbing at the quickest pace in four decades, research by the Confederation of [...]
Unexpected green candles appear for Bitcoin, Ethereum and most altcoins March 1, 2023 Bitcoin is trading for $23,740, up by more than 2% over 24 hours while Ethereum is in a similar range at $1,652, also in the green by 1.8%.
Business of Space: When international cooperation works, and when it doesn’t April 15, 2022 This week: The growing militarisation of space Roscosmos’ Rogozin at it again When international cooperation works A Pentagon report In the post-Cold War renaissance of orbital and galactic affairs, the commercial space sector is booming. However, the division of private space endeavours and militaristic activities is no easy feat, according to a new report by [...]
Ukraine: Kremlin claims victory over the west as Putin backs off troops February 15, 2022 Russia has begun to pull back troops from the Ukrainian border in a major de-escalation of tensions, with the Kremlin claiming victory over the west in an apparent concession that there will be no invasion. Russian media reported this morning that military units had been pulled back from the Ukrainian border, after a statement from [...]
Bitcoin trading flat as inflation keeps investor emotions in check February 27, 2023 Bitcoin is trading for $23,380 this morning, a gradual decline of 6% over seven days, but up on the day by a little over half a percent.