Author: Steven Sahiounie

The Netherlands, Poland and Germany ranked as the biggest buyers in 2022, the Russian Fishery Industry Association has reported Exports of Russian fish to the European Union in 2022 surged nearly 20%, according to the latest review released by the Russian Fishery Industry Association (VARPE). EU imports of fish from the sanctioned country saw a year-on-year increase of 18.7%, to 198.8 thousand tons, the report shows based on Eurostat’s data. Meanwhile, the value of Russian fish exports to the bloc soared 57.6% to €940 million (over $1 billion) with the Netherlands, Poland and Germany the biggest buyers. White fish accounted…

The Ethereum price has risen by 2% in the past 24 hours, spiking above the $1,800 resistance level and preparing the ground for further gains in the coming days. At $1,800, ETH is now up by 7% in a week and by 25% in a fortnight, with the biggest altcoin also having gained by 50% since the beginning of the year. And with the Shanghai upgrade due on April 12, the ability to withdraw staked ETH is only likely to boost ETH’s price in the medium- and long-term, given that staking will become more attractive to more investors. Ethereum Price Prediction as…

The crypto market has managed to successfully wobble through the banking crisis in the United States, which is gradually spreading to other parts of the world, particularly in Europe. Shiba Inu price stayed relatively stable, with the buyer congestion at $0.00001 holding tightly in place. In addition to the banking crisis, which has left many investors unsettled and regulators seemingly blaming the crypto industry, the US Federal Reserve FOMC meeting resolved to raise interest rates by 0.25% earlier this week, depriving the market of enough momentum to keep moving up. Over the last 30 days, SHIB has lost 19% of its…

Nasdaq aims to launch its much-anticipated crypto custody service by the end of the second quarter to meet the increasing institutional interest and demand for crypto services. In an interview with Bloomberg on Friday, Ira Auerbach, senior vice president and head of Nasdaq Digital Assets, said Nasdaq is “pushing ahead to get all the necessary technical infrastructure and regulatory approvals in place.” Auerbach detailed that the global exchange group has applied to the New York Department of Financial Services for a limited-purpose trust company charter, which would oversee the new business. The new crypto custody service, which will offer institutional investors a…

The cryptocurrency market has been experiencing a choppy session lately, with both Bitcoin and Ethereum struggling to break out of their current price range. Investors and traders are closely monitoring the market for any signs of a potential breakout during the upcoming weekend. Bitcoin (BTC), the world’s largest cryptocurrency, failed to extend its upward rally and lost some ground today, possibly due to ongoing regulatory scrutiny in the cryptocurrency sector.  Evidence of this can be seen in the increasing stringency of US regulators towards companies dealing with cryptocurrency. The SEC has recently issued a warning to one of the companies, Coinbase, stating that they…

Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100 billion in deposits. Treasury Secretary Janet Yellen, Federal Reserve Chairman Jerome Powell and more than a dozen other officials convened a special closed meeting of the Financial Stability Oversight Council on Friday. A readout from the session indicated that a New York Fed staff member briefed the group on “market developments.” “The Council discussed current conditions in the banking sector and noted that while some institutions have come under stress, the U.S. banking system remains sound and resilient,” the statement…

Deutsche Bank shares slid Friday while the cost of insuring against its default spiked, as the German lender was engulfed by market panic about the stability of the European banking sector. However, many analysts were left scratching their heads as to why the bank, which has posted 10 consecutive quarters of profit and boasts strong capital and solvency positions, had become the next target of a market seemingly in “seek and destroy” mode. The emergency rescue of Credit Suisse by UBS, in the wake of the collapse of U.S.-based Silicon Valley Bank, has triggered contagion concern among investors, which was deepened by further monetary policy tightening from…

The foundation of China’s economic recovery is not solid enough, a senior Communist Party official said on Saturday, warning of possible spillover effects from global economic problems. Some countries have to play a balancing act as they try to stabilize their economies, prices and financial markets, said Han Wenxiu, deputy head of the party’s office for financial and economic affairs, adding that the global economy was at risk of stagflation. Such risks come as many developed countries aggressively tighten their monetary policy causing problems for banks as well as bringing foreign debt woes and financial market turmoil, he said at…

Steven Sahiounie, journalist and political commentator Israel’s far-right Finance Minister Bezalel Smotrich gave a hate speech in Paris that may have begun the destruction of Israel. “There are no Palestinians because there isn’t a Palestinian people,” he said on March 19. He also displayed a map of “Greater Israel” which included Syria and Jordan. Smotrich was born in 1980 in the Golan Heights in Syria but holds Israeli citizenship. His grandfather Yaakov Smotrich immigrated from Ukraine to Palestine before WW2, and Yaakov’s wife Bruria came to Palestine from Europe. Smotrich is a European Jew. The country he lives in today…

According to the Russian Defense Ministry, Krab self-propelled artillery gun was wiped out near Katerinovka in the South Donetsk area by the Lancet loitering munition Russian troops destroyed a Polish-made Krab self-propelled howitzer using the Lancet kamikaze drone in the South Donetsk area, the top brass reported on Saturday. “A Polish-made Krab self-propelled artillery gun was destroyed near Katerinovka in the South Donetsk area by the Lancet loitering munition,” the Russian Defense Ministry wrote on its Telegram channel. “Orlan unmanned aerial vehicles detected and destroyed by gunfire an ammunition depot near Belogorye and a US-made counterbattery radar with a mortar…