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Guardian Mag

Guardian Mag

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Category: Economy

The Meltdown of ‘stablecoin’ Terra shows an Urgent need for Regulation to Protect Consumers

The Meltdown of ‘stablecoin’ Terra shows an Urgent need for Regulation to Protect Consumers

  • May 14, 2022
  • 0 Comments
  • By guardianmag
Some cryptocurrencies have always been fairly volatile, with values soaring or plunging within a short space of time. So for the more cautious investor, “stablecoins” were considered the...
Posted in Economy
Australia is investigating a digital currency, or e-dollar, but the risks to privacy seems large with slight benefits

Australia is investigating a digital currency, or e-dollar, but the risks to privacy seems large with slight benefits

  • May 8, 2022
  • 0 Comments
  • By guardianmag
We are used to thinking of money as notes and coins, the kind most of us hold in our wallets. But most money – in Australia it’s 96.3% – is digital, held by financial institutions and moved...
Posted in Economy
Fed hopes for US economy’ soft landing , but history suggests it won’t be able to prevent a recession

Fed hopes for US economy’ soft landing , but history suggests it won’t be able to prevent a recession

  • May 3, 2022
  • 0 Comments
  • By guardianmag
The Federal Reserve will likely soon learn what gymnasts already know: sticking a landing is hard. With inflation surging to a new 40-year high and continuing to accelerate, the Fed is expected to...
Posted in Economy
Chevron’s first-quarter profit nearly quadrupled as oil prices rose

Chevron’s first-quarter profit nearly quadrupled as oil prices rose

  • April 29, 2022
  • 0 Comments
  • By guardianmag
Chevron Corp's (CVX.N) first-quarter profit nearly quadrupled from the same period a year ago, easily surpassing Wall Street's forecasts as oil and gas prices surged following Russia's invasion of...
Posted in Economy
Investments in US bonds rise to 7.7 trillion dollars as of February

Investments in US bonds rise to 7.7 trillion dollars as of February

  • April 18, 2022
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  • By guardianmag
The total value of global investments in US Treasury bills and bonds until the end of last February rose by 1.1% to 7.714 trillion dollars, compared to 7.662 trillion dollars in the previous...
Posted in Economy
Why Joe Biden extended tariffs on solar panels? a closer look at their historical impact will give us an answer

Why Joe Biden extended tariffs on solar panels? a closer look at their historical impact will give us an answer

  • April 12, 2022
  • 0 Comments
  • By guardianmag
President Joe Biden extended tariffs on imported solar panels in February 2022 in a bid to protect domestic manufacturing. These tariffs add a 14%-15% tax on cheaper imports, raising their...
Posted in Economy
Musk reveals 9.2% stake in Twitter, shares surge 26%

Musk reveals 9.2% stake in Twitter, shares surge 26%

  • April 4, 2022
  • 0 Comments
  • By guardianmag
Tesla Inc Chief Executive Officer Elon Musk has built a 9.2% stake in Twitter Inc , a regulatory filing showed on Monday, potentially making him the biggest stakeholder in the micro-blogging site....
Posted in Economy
UAE crypto push sees Bybit, Crypto.com announce Dubai offices

UAE crypto push sees Bybit, Crypto.com announce Dubai offices

  • March 28, 2022
  • 0 Comments
  • By guardianmag
Crypto exchange Bybit on Monday said it will open its global headquarters in Dubai and crypto platform Crypto.com said it would establish a regional hub there, the latest moves in the UAE's drive to...
Posted in Economy
Oil continues to climb after ban on Russian energy imports

Oil continues to climb after ban on Russian energy imports

  • March 9, 2022
  • 0 Comments
  • By guardianmag
Crude oil extended its rally Wednesday, after the US, EU and UK governments signalled plans to ban or phase out oil and gas imports from Russia, following the country’s violent invasion of...
Posted in Economy
Gates is selling his stocks which may be a signal of another possible crisis

Gates is selling his stocks which may be a signal of another possible crisis

  • February 27, 2022
  • 0 Comments
  • By guardianmag
Bill Gates may no longer be running Microsoft, but his actions are still monitored and scrutinised around the world and he has created a buzz because of some of his recent movements in the stock...
Posted in Economy
Saudi officials say they won’t pump more oil to ease prices, despite U.S. calls for more crude

Saudi officials say they won’t pump more oil to ease prices, despite U.S. calls for more crude

  • February 16, 2022
  • 0 Comments
  • By guardianmag
The Wall Street Journal revealed Saudi Arabia's rejection of US President Joe Biden's request to pump more oil in order to lower prices. The American newspaper reported that Saudi Energy Minister...
Posted in Economy
Brent barrel price jumps above $ 92 for the first time since October 2014

Brent barrel price jumps above $ 92 for the first time since October 2014

  • February 4, 2022
  • 0 Comments
  • By guardianmag
Oil prices continued to rise, today, Friday, and the price of a barrel of "Brent" rose above $ 92 a barrel for the first time since October 2014. US West Texas Intermediate crude futures rose 1.27%...
Posted in Economy
Oil prices rise amid strong economic expectations

Oil prices rise amid strong economic expectations

  • January 25, 2022
  • 0 Comments
  • By guardianmag
Oil prices rose, during trading today, Tuesday, in light of expectations of strong demand levels for crude, with the continued recovery of the global economy. US crude futures "West Texas...
Posted in Economy
For the first time since August, a sharp decline in “Bitcoin” after Russia’s proposal to ban cryptocurrencies

For the first time since August, a sharp decline in “Bitcoin” after Russia’s proposal to ban cryptocurrencies

  • January 21, 2022
  • 0 Comments
  • By guardianmag
The price of the “Bitcoin” currency witnessed a sharp decline after Russia’s proposal to ban digital currencies, as it recorded in trading today, Friday, less than 40 thousand dollars, the...
Posted in Economy
Oil prices rise amid economic concerns

Oil prices rise amid economic concerns

  • January 14, 2022
  • 0 Comments
  • By guardianmag
Oil prices rose, today, Friday, in light of economic concerns over demand for crude in the near term due to the high number of infections with the Corona virus. US crude futures "West Texas...
Posted in Economy
Nearly 90% of all Bitcoin has already been mined — Here’s what could happen after Bitcoin runs out of supply

Nearly 90% of all Bitcoin has already been mined — Here’s what could happen after Bitcoin runs out of supply

  • January 4, 2022
  • 0 Comments
  • By guardianmag
On December 13, Bitcoin reached 90% of the maximum supply, so what can happen after the supply of this cryptocurrency runs out? Author Mehab Qureshi, in an article on The Indian Express, says that a...
Posted in Economy
Binance: a Platform for trading more than 100 cryptocurrencies

Binance: a Platform for trading more than 100 cryptocurrencies

  • December 30, 2021
  • 0 Comments
  • By guardianmag
What is Binance ?  Binance is a Hong Kong–based cryptocurrency exchange launched by developer Changpeng Zhao (aka CZ) in July 2017. Zhao’s company Beijie Technology created the exchange after a...
Posted in Economy
Report: Global Economy will Exceed $100 Trillion in 2022 for First Time

Report: Global Economy will Exceed $100 Trillion in 2022 for First Time

  • December 27, 2021
  • 0 Comments
  • By guardianmag
The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy, a...
Posted in Economy
U.S. Weapons Exports Decreased 21% to $138.2 Billion in Fiscal 2021

U.S. Weapons Exports Decreased 21% to $138.2 Billion in Fiscal 2021

  • December 23, 2021
  • 0 Comments
  • By guardianmag
Sales of U.S. military equipment to foreign governments fell 21% to $138 billion in the latest fiscal year, the U.S. State Department said on Wednesday, as the Biden administration shifts away from...
Posted in Economy
Oil prices continue to rise after US data

Oil prices continue to rise after US data

  • December 16, 2021
  • 0 Comments
  • By guardianmag
Oil prices continued to rise on Thursday after data showed strong demand for fuel in the United States, while the US Federal Reserve ended its bond purchases program to slow rising inflation. Brent...
Posted in Economy

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