Author: Steven Sahiounie

PM Modi in Mann Ki BaatPrime Minister Narendra Modi on Sunday addressed the last Mann Ki Baat of the year 2022 and said that this year, the country had become the world’s fifth largest economy.”The year 2022 was wonderful, India completed 75 years of Independence while ‘Amrit Kaal’ began. India progressed rapidly and became the world’s fifth-largest economy, and achieved the unbelievable record of 220 crore vaccines and crossed the USD 400 billion mark in exports,” PM Modi said in the 96th edition of Mann Ki Baat, a monthly radio programme of the Prime Minister.He also talked about the Aatmanirbhar…

Saudi Arabia and Japan signed a memorandum of cooperation (MoC) on Sunday in the fields of the circular carbon economy, carbon recycling, clean hydrogen and fuel ammonia, the Saudi Energy Ministry said on Twitter.The MoC was signed by Saudi Energy Minister Prince Abdulaziz bin Salman and Japanese Industry Minister Yasutoshi Nishimura, who is visiting the kingdom, after a meeting in which they both stressed the importance of supporting the stability of global oil markets through encouraging dialogue and cooperation between producers and consumers, the Saudi state news agency (SPA) reported.The two ministers also highlighted the need to ensure safe supplies…

World services trade activity appears to have weakened in the fourth quarter of 2022 and is likely to remain soft in the opening months of 2023, with slowing growth in major economies weighing on the post-pandemic recovery, said the WTO.The latest WTO Services Trade Barometer index reading for the month of October fell to 98.3, slightly below its baseline value of 100 and well below the previous reading of 105.5 from the last release in June. The findings are line with the Goods Trade Barometer issued in late November which indicated slowing merchandise trade volume growth in the closing months…

.The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit, reinforcing expectations of smaller interest rate increases from the Federal Reserve and improving investors’ risk appetite.The personal consumption expenditures (PCE) price index rose 0.1% last month after climbing 0.4% in October. In the 12 months through November, the PCE index increased 5.5% after advancing 6.1% in October. Excluding the volatile food and energy components, the PCE index gained 0.2% after increasing 0.3% in October.The so-called core PCE price index rose 4.7% on a year-on-year basis in November…

Hong Kong(CNN Business)Global markets fell on Monday after widespread protests in China against the country’s stringent Covid-19 restrictions roiled investor sentiment.European markets opened broadly lower, tracking the performance of Asian shares. The FTSE 100 (UKX) dropped 0.7%, the CAC 40 (CAC40) fell 0.6%, and the DAX (DAX) was down 0.5%.Earlier, Hong Kong’s benchmark Hang Seng Index (HSI) had finished the day 1.6% lower, after paring some losses. It had started the session down as much as 4.2%. The Hang Seng China Enterprises Index, which tracks the performance of mainland Chinese companies listed in Hong Kong, lost 1.7% at the market close.In mainland China, the benchmark Shanghai Composite (SHCOMP) briefly fell by 2.2%, before trimming losses to end 0.8%…

(NYSE:PII)Number of Hedge Fund Holders: 15Polaris Inc. (NYSE:PII) is a Minnesota-based company that designs, engineers, manufactures, and markets power sports vehicles worldwide. It operates through three segments – Off-Road, On-Road, and Marine. The company offers off-road vehicles, including all-terrain vehicles, side-by-side vehicles, snowmobiles, and snow bikes. The demand for these vehicles typically surges in the winter. On December 5, Jefferies analyst Anna Glaessgen raised the price target on Polaris Inc. (NYSE:PII) to $106 from $100 and maintained a Hold rating on the shares, citing recent momentum. According to Insider Monkey’s data, 15 hedge funds were long Polaris Inc. (NYSE:PII) at the end…

In recent crypto news, the market has officially entered a crypto winter due to the FTX crypto exchange crashing and filing for bankruptcy. Whilst the year of 2022 has not been great for the crypto market, this event has removed all hope of the year ending stably. However, that being said, it seems as if the new year could help recover this crypto winter, especially with Ethereum (ETH) and Dogeliens (DOGET).Ethereum (ETH) The Largest BlockchainEthereum is the largest blockchain in the market and ETH is the second-largest cryptocurrency. Launched in 2015, Ethereum has seen big success in its years and it…

There’s no denial to the fact that with the rise in the number of cryptocurrencies, crypto trading has emerged to become one of the most active forms of trading. As a matter of fact, crypto trading relies on crypto trading bots for the purpose of trading, to a large extent. There are countless crypto trading bots available out there and which one to choose has always been a concern. Well, no more confusion for we have got you covered. In this article, we will throw light on top 10 crypto trading bots you must look upto in 2023 and beyond.…

U.S. officials say it’s a new and sophisticated scam draining millions of dollars from people who drop their guard online. Far from earning $2.8 million, the trader invested $9.6 million into the platform this year before it all vanished, according to court documents.In a court filing in November, the Secret Service said five U.S. victims reported that they were enticed to invest large sums in cryptocurrency this year by scammers who created seven identical domains spoofing the website of the Singapore International Monetary Exchange. The scammers also created a smartphone app mimicking what traders use on legitimate platforms, officials said.Story…

Moscow’s Finance Minister has said it may redirect supplies due to the EU price cap, even as costs riseRussia will halt oil supplies to nations that impose a price cap on its crude exports, the country’s finance minister, Anton Siluanov, said on Sunday. He also admitted the possibility of cuts to production.The minister said that Russia would seek new markets and logistics solutions even if they are more expensive.“We won’t sell oil under contracts that will specify price limits offered by Western countries. This is out of the question,” Siluanov said in an interview with Saudi media outlet Asharq News.“How…