Saturday, February 28

Browsing: USA

First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns

7 Mins ReadMarch 7, 2023

Hear Alex Thorn share his take on “Bitcoin and Inflation: It’s Complicated” at Consensus 2023. Good morning. Here’s what’s happening:…

Sri Lanka expects approval of $2.9 billion IMF deal after China support

4 Mins ReadMarch 7, 2023

China has a new foreign minister. This is his warning to the US Sri Lanka expects final approval from the…

India poised to ditch dollar in trade with neighbor

2 Mins ReadMarch 7, 2023

India and Sri Lanka are discussing shifting away from the US dollar to settlements using the Indian rupee, as the…

Coinbase Exec: Altcoin Markets Attracting Institutional Investors Amid Bitcoin and Ethereum Dominance

4 Mins ReadMarch 6, 2023

While bitcoin (BTC) and ethereum (ETH) remain the top coins, altcoins are still drawing significant interest from institutional investors, argued David Duong, Head of Institutional Research…

Russia and Cuba working to counter US sanctions – ambassador

2 Mins ReadMarch 6, 2023

The two nations under restrictions are aiming to protect bilateral trade, an envoy has said Moscow and Havana have been…

Wall St falls as labor market resilience spurs rate hike worries

3 Mins ReadMarch 6, 2023

US stock indexes fell on Thursday after data pointing to a tight labor market sparked worries that the FederalReserve will…

US posts $39 billion January deficit after pension fund bailout

2 Mins ReadMarch 6, 2023

The US government posted a $39 billion budget deficit for January after a $119 billion monthlysurplus a year earlier, as…

Oil futures slip 1% on worries about more US
interest rate hikes

2 Mins ReadMarch 6, 2023

Oil prices slid about 1% on Monday as strong US economic data had investors bracing for moreinterest rate hikes from…

Lebanon to devalue currency by 90% on Feb. 1

3 Mins ReadMarch 6, 2023

Lebanon will adopt a new official exchange rate of 15,000 pounds per US dollar on Feb. 1, centralbank governor Riad…

Indian imports of Russian oil hit

2 Mins ReadMarch 6, 2023

Russian oil exports to India, the world’s third-largest crude importer after Chinaand the US, climbed to a record 1.62 million…

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