All The Latest News From Around The World

The New Space Race and Opportunities for Profit

April 12, 2021

Space exploration today is a long way from the US vs USSR space race in the 1960s. While America and the Soviet Union competed for national pride and military advantage, the new space race is founded on technological advances and economic opportunities. It is no longer a competition only between the two superpowers, but now…

Bank of America: Due to COVID-19, India catches up with Japan as one of the world's largest economies

Bank of America: Due to COVID-19, India catches up with Japan as one of the world’s largest economies

April 9, 2021

India was originally supposed to become the third-largest economy in the world by 2028 – Bank of America has now changed this forecast due to COVID-19. India, with its high population density, is suffering severely from the pandemic but should still make the leap, only a little later than originally expected. The world’s largest economies…

The Future of the Aviation Industry

The Future of the Aviation Industry

April 6, 2021

2020 has been one of the worst years of aviation history due to the COVID-19 pandemic. But the year 2020 is now behind us, and we are looking forward to a brighter tomorrow. All industries, including aviation, are putting all their efforts towards reviving the economy and resuming proper operations. According to IATA (International Air…

H&M Suffers Quarterly Losses and Responds to Boycott Problems in China

March 31, 2021

The fashion giant Hennes & Mauritz (H&M) slipped into a red zone last quarter due to COVID-related forced closures of its stores. H&M announced on Wednesday that the aggressive restrictions brought on by the second wave of the pandemic lead to financial repercussions and losses for the company. The company was forced to temporarily close…

How the Suez Canal Blockage Impacted the World

How the Suez Canal Blockage Impacted the World

March 30, 2021

The 400-meter-long Taiwan-based container ship blocking the Suez Canal was refloated on Monday, according to a tweet by a maritime services company, Inchcape. The MV EVER GIVEN was fully re-floated and straight in SC Passage at 14:50 lt. 29/03/2021. The vessel is heading to the Great Bitter Lakes for further checking and investigation. Next the…

Trump’s Social Media Network will “Redefine the Game”

March 26, 2021

One of this week’s highlights was Jason Miller’s announcement that Donald Trump would be returning to social media, but this time on his own network. Once the spokesman for the former POTUS, he elaborated that this network will be “the hottest ticket on social media” and that it will redefine the game. Being relevant is…

Corporations Are Interested In Bitcoin: Is This a Blessing or a Curse?

Corporations Are Interested In Bitcoin (BTC): Is This a Blessing or a Curse?

March 24, 2021

Despite the growing interest in investing in Bitcoin (BTC) from large corporations and institutions, US Treasury Secretary Janet Yellen recently criticized the volatility of the cryptocurrency, a shortcoming that has already been condemned by many crypto skeptics.   “I don’t think that bitcoin… is widely used as a transaction mechanism,” Yellen told CNBC, “To the…

Brexit and the E.U – Will a Conclusion Ever Come?

March 19, 2021

The European Union and the United Kingdom have had a long journey towards reaching some sort of agreement when it comes to co-operation, and it seems the end is finally nearing. There may be a conclusion that could give the firms in the City of London access to the single market.   A common framework would…

UK and EU Market Alignment Remains on the Back Burner Post-Brexit

UK and EU Market Alignment Remains on the Back Burner Post-Brexit

March 16, 2021

Market alignment has been a source of contention post-Brexit and continues to be the subject of ongoing debate. The UK is planning to rework its financial rulebook to prevent its capital from losing its position as a global financial center. In turn, this undermines the possibility of a deal with the European Union, negating the…

Biden Signs $1.9tn COVID-19 Relief Bill

Biden Signs $1.9tn COVID-19 Relief Bill

March 12, 2021

Since the global financial crisis in 2009, spectators have often commented on the fact that monetary policy is the only winning operation in sight. For almost a decade now, central bankers have sought out unconventional ways to stimulate the economy while governments focused on repairing their own balance sheets. Though this is soon to come to an…