France has one of the largest economies not only in the European Union but in the world as well. This fact once more underlines the importance of the local economy. Nevertheless, even for such a huge economy, the coronavirus pandemic created tons of problems. Moreover, the pandemic had a tremendous impact on France. It won’t …
France to Spend More than $100 Billion to Boost the Economy Read More »
Crypto companies gained popularity in Switzerland thanks to its favorable regulation as well as a positive attitude toward cryptocurrencies. The Swiss canton of Zug made an important decision. This canton earned itself the moniker of “Crypto Valley” for its positive attitude towards cryptocurrencies. This is not the end of the story, as the canton of …
Swiss Canton of Zug, Taxes, and Cryptocurrencies Read More »
The U.S. dollar soared by 0.3% against a basket of currencies at 92.96 on Thursday. It continued gaining as traders sold the Euro on concerns that the ECB was worried about its rise. The greenback surged forward by about 1.3% above the 28-month low it hit against a basket of currencies on Tuesday. The dollar …
U.S. dollar continues rallying while the Euro tumbled down Read More »
On Wednesday, Australia’s S&P/ASX 200 leg gains among the region’s major markets. There are numerous factors that may affect stocks. As a reminder, the country’s economy plunged into its first recession in nearly 30 years. Interestingly, the S&P/ASX 200 gained 1.84% to end its trading day at 5’063.20. It is worth mentioning that, mainland Chinese …
The forex market fluctuated on Wednesday. The Swedish crown and kiwi dollar showed little changed, but the Norwegian crown tumbled down by 0.2% against the U.S. dollar. The Euro also plunged below $1.19, trading at $1.18785 at last. It fell by 0.3% since the previous session’s New York close. On Tuesday, the common currency …
Swedish crown was steady on Wednesday. What about Kiwi? Read More »
People all over the world step-by-step learn more about cryptocurrencies. However, the process of crypto adoption is far from being over, in many countries around the globe. One of the countries with huge potential is India. Moreover, crypto companies should pay more attention to education. Hopefully, crypto exchange CoinDCX understands the importance of education. What’s …
Indian Crypto Exchange Wants Educate Local Population Read More »
India is the second-most populous country in the world. This fact once more underlines the importance of the local market. Cryptocurrencies have the potential to make life easier for millions of people across the country. However, to reach this goal, Indian crypto companies should pay more attention to education. This way it will be easier …
Cryptocurrency Exchange CoinDCX and Blockchain Council Read More »
This Wednesday, Australia became another country to officially enter a recession. The coronavirus pandemic continued to affect the economies around the world and the local economy is not an exception. As a result, the country’s economy fell into its first recession in nearly 30 years. Importantly, gross domestic product (GDP) shrank 7% in the April-to-June …
Australia’s Economy Fell into its First Recession in Decades Read More »
The U.S. dollar gained on Wednesday after positive U.S. manufacturing data. On the other hand, the Australian dollar struggled last week. This comes after GDP data on Wednesday confirmed the country is in recession for the first time in three decades. In the United States, Manufacturing activity increased more than expected in August, with …
U.S. dollar surged forward on Wednesday due to positive data Read More »
It is not a secret that companies around the world suffered heavy losses due to the coronavirus pandemic. However, Zoom Video Communications was able not only to deal with the pandemic but to generate profit as well. Notably, due to restrictions, millions of people spent most of their time at home for several months. Consequently, …
Impact of Coronavirus on the Zoom Video Communications Read More »
The Japanese yen stayed in a narrow range on Tuesday while politicians tried to choose a new premier. After Prime Minister Shinzo Abe’s shock resignation last week, there has been turmoil in Japan. On the other hand, several off-risk currencies strengthened. The New Zealand dollar traded at $0.6740, near its strongest point in two years. …
The Australian and New Zealand dollars rallied on Tuesday Read More »
A major health insurance provider Atupri Health Insurance from Switzerland made the right decision by accepting crypto payments. According to the information provided by the insurance company in cooperation with the crypto financial services company Bitcoin Suisse, the companies fulfilled this goal. Thanks to this cooperation, 200,000 customers of Atupri Health Insurance will be able …
Atupri Health Insurance, Bitcoin Suisse, and Customers Read More »
The U.S. dollar plummeted down near multi-year lows against most major currencies on Tuesday. Before that, the dollar index plunged on Monday to a two-year low at 91.989 against a basket of six major currencies. The Fed’s new policy framework continued to bolster bets that U.S. rates will stay much longer than other countries. During …
U.S. dollar is still low. What about risk-off currencies? Read More »
Cryptocurrencies such as Bitcoin, Litecoin, and others are famous around the world. A major health insurance provider made the decision to accept crypto payments. Atupri Health Insurance worked with crypto financial services company Bitcoin Suisse to accomplish this goal. As a result, 200’000 customers of Atupri Health Insurance will benefit from this decision. It is …
Swiss Health Insurance Company and Crypto Payments Read More »
The state of the local economy was far from being ideal even before the coronavirus pandemic. However, the pandemic created additional issues for one of the world’s largest economies. Unfortunately, the coronavirus continues to spread in the country. On Monday, India reported 78,512 new coronavirus infections. Moreover, on Sunday the country posted the world’s biggest …
Indian Economy Contracted by 23.9% in the First Quarter Read More »
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