Category: Economy
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Charting the Global Economy: Inflation Cools in US and UK
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Breadcrumb links BMN Business Inflation measures fell in the US and UK last month, sending bond prices higher after a deep sell-off and boosting bets on interest rate cuts. Article writer: Bloomberg News Vince Juhl and Molly Smith Posted on January 18, 2025 • 4 minutes read You can save…
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UK economy struggles to gain momentum as GDP growth disappoints at 0.1%
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The UK economy grew by just 0.1 per cent in November, below expectations of 0.2 per cent, according to the Office for National Statistics (ONS). The weak figure, announced on Friday, highlights the continuing weakness in Britain’s recovery, as the new Labor government faces stubborn inflation, tepid consumer confidence, and…
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Nostr Is The World’s Biggest Bitcoin Circular Economy: Join Us
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Follow Frank on X. While many of you have heard of circular Bitcoin economies like El Salvador’s Bitcoin beach Or South Africa Bitcoin first But you are not able to go and spend your money in such a place, please know that in just a few clicks you can join…
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Rachel Reeves’ China visit restores crucial links with world’s second-largest economy
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Deals worth £600m have been concluded, potentially adding £1bn of value to the UK economy, following Chancellor Rachel Reeves’ trip to Beijing. Winnie Cao, head of the China office and China business group at Blake Rotenberg, described the fruitful discussions between Reeves and Vice Premier He Lifeng as a positive…
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Charting the Global Economy: Bond Yields Soar to Kick Off 2025
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Breadcrumb links BMN Business Global bond markets witnessed heavy selling this week as investors worried about persistent inflationary pressures and heavy government borrowing. Article writer: Bloomberg News Molly Smith and Vince Juhl Posted on January 11, 2025 • 4 minutes read You can save this article by registering for free…
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US Economy Surprised Again in 2024 Despite Fed, Election Drama
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Breadcrumb links BMN Business Over the past few years, the US economy has consistently defied expectations of a slowdown, and 2024 is no different. Article writer: Bloomberg News Augusta Saraiva Posted on December 29, 2024 • 3 minutes read You can save this article by registering for free here. Or…
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Hivello + Swarm: advancing decentralization, empowering a fairer data economy, and fostering a vibrant, freedom-focused community
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Article content Amsterdam, December 17, 2024 (GLOBE NEWSWIRE) – Hivello, a platform focused on assembling DePIN (Decentralized Physical Infrastructure Networks) projects, is collaborating with Swarm, a decentralized storage and communications system. This collaboration aims to increase the number of nodes in the Swarm network and enhance its geographical decentralization. Article…
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Hivello + Swarm: advancing decentralization, empowering a fairer data economy, and fostering a vibrant, freedom-focused community
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Article content Amsterdam, December 17, 2024 (GLOBE NEWSWIRE) – Hivello, a platform focused on assembling DePIN (Decentralized Physical Infrastructure Networks) projects, is collaborating with Swarm, a decentralized storage and communications system. This collaboration aims to increase the number of nodes in the Swarm network and enhance its geographical decentralization. Article…
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Charting the Global Economy: Assad’s Fall Adds to Middle East Instability
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Breadcrumb links BMN Business The overthrow of Bashar al-Assad’s government added a new source of instability to the Middle East, with Türkiye asserting itself as the main player in shaping Syria’s future. Article writer: Bloomberg News Vince Juhl and Molly Smith Posted on December 14, 2024 • 4 minutes read…
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StepStone partner: Israeli economy resilient and robust
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Darren Friedman, partner at alternative investment firm StepStone, focuses his portfolio on the technology, healthcare and infrastructure sectors in the United States. However, he expresses concerns about Europe, saying: “It is striking that countries like Greece, Italy and Spain now look like the bright spots on the continent. Friedman, a…
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Tim Heath on how the New Digital Economy Goes Mainstream
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As an investor, I like simple solutions to complex problems. If you can make someone’s life easier and remove some of the friction between them and what they want, you can probably charge a dollar or two. If you can do this at scale and charge more than you spend,…
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Charting the Global Economy: Prospects Dim for European Economy
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Breadcrumb links BMN Business Business activity in the euro zone unexpectedly contracted this month, raising concerns about the outlook for the European economy and suggesting that the European Central Bank will need to be more aggressive with interest rate cuts. Article writer: Bloomberg News Vince Juhl and Molly Smith Posted…
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Fed rate cuts outlook: stronger economy means less easing
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Minneapolis Federal Reserve Bank President Neel Kashkari said that the strong economy and high productivity growth may prompt the US central bank to cut interest rates less than previously expected. In his first public comments since he and his colleagues cut interest rates earlier this week, Kashkari noted that it…
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Fed rate cuts outlook: stronger economy means less easing
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Minneapolis Federal Reserve Bank President Neel Kashkari said that the strong economy and high productivity growth may prompt the US central bank to cut interest rates less than previously expected. In his first public comments since he and his colleagues cut interest rates earlier this week, Kashkari noted that it…
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Charting the Global Economy: Trump Win Reverberates Around the World
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Breadcrumb links BMN Business Donald Trump’s decisive victory in the US presidential elections has already made world leaders prepare for how his next administration will shape the global economy. Article writer: Bloomberg News Molly Smith Published on November 9, 2024 • 4 minutes read You can save this article by…
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Investment focus drives Rachel Reeves’ strategy to revitalise UK economy
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The UK economy has been mired in low growth rates for years, a problem that has worsened since the 2008 global financial crisis. Despite some short-lived recoveries, average annual growth has remained persistently weak, leading to stagnant living standards. A stark indicator of this trend is that real wages in…
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High political volume bad for economy: let’s tone it down
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In recent times, Kenyans have been glued to newspapers, social media, television and radio. Everyone is frantically trying to catch up with the latest development in the Vice President’s impeachment case. After Parliament’s approval, the matter went to court. This swing has distracted attention and raised political temperatures. It is…
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High political volume bad for economy: let’s tone it down
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In recent times, Kenyans have been glued to newspapers, social media, television and radio. Everyone is frantically trying to catch up with the latest development in the Vice President’s impeachment case. After Parliament’s approval, the matter went to court. This swing has distracted attention and raised political temperatures. It is…