Oil prices are likely to stabilize globally very soon, as Russia and Saudi Arabia are getting very close to finalizing an oil production cut deal. It was confirmed by the CEO of the Russian Direct Investment Fund Kirill Dmitriev.
The United Kingdom is grappling through a ton of issues at this moment. On one hand, it is battling the COVID-19 outbreak which has now hit the country’s PM Boris Johnson. On the other hand, the country’s economic situation is getting from bad to worse.
Tensions flare up between oil giants Russia and Saudi as the OPEC meeting scheduled today has been postponed to Thursday this week. The U.S. President Donald Trump has personally intervened in this matter, however, there doesn’t seem a concrete outcome at this stage.
While some industries focus on creating profits for themselves despite the damage they are causing, there are some industries and investors that are taking responsibility by making use of social impact investments.
President Donald Trump invoked the Defense Production Act to ban “unscrupulous actors and profiteers” from exporting critical medical gear used to protect wearers from the coronavirus. 3M stock price went down.
Microsoft co-founder and philanthropist Bill Gates, who warned five years ago that the world’s greatest threat is a pandemic, believes that the current coronavirus crisis is “a nightmare scenario” but it could be worse.
LaunchBase will become something more than just an issuance and exchange tool. Large ventures promise to offer professional help to novice businesses.
The article provides an explanation of how the U.S. Federal Reserve devalues dollars by printing them in huge amounts and saves corporations for the money of taxpayers.
In this digest, we will look at some of the major new developments amongst major crypto exchanges that were implemented in the past month.
Binance, Block.one, BitMEX, BiBox, KayDex, BProtocol, Status and TRON Foundation received the class-action lawsuits. The lawsuits claim that those companies were selling or helping with the selling of unregistered securities.
The theory goes that quantum computing could be used to crack out cryptocurrency wallets. Is this true?
Tesla has begun to retrench its contract workers in the U.S. But not all news from Tesla can be viewed as negative. TSLA stock is in the green while stocks of many other companies are down.
Revolut’s cryptocurrency Services are coming earlier than planned due to the fallout in the global economy as more countries undertake quantitative easing.
Switchere, a new player in the crypto world, is actively developing in Europe where it has a huge customer base and penetrating the Asian market as well.
3M is facing turbulence as the Trump administration meddles with its operations, making MMM stock unpopular among investors despite their products being involved in the fight against COVID-19.