Fri, March 29, 2024

Amanda Hansen

Amanda Hansen is our senior reporter writing on Economy News. Ms. Hansen is a Georgetown graduate specializing in economic and political sciences. Her Ph.D. concentrates on the market impact on the global economy.

gold

Gold And Silver Drop On Rising Dollar

The precious metal’s fall was increased by producer prices growing less than anticipated. But gold prices may have narrowed their losses following the Federal Reserve announced that it would not be exiting from its accommodative monetary management strategy anytime soon. February gold futures plunged $23.60, or 1.27%, to $1,827.80 per ounce at 15:39 GMT on …

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Twitter: Facebook, twitter in hand.

Facebook, Inauguration Day, and Interesting Details

In two days, Joe Biden will replace Donald Trump in the White House. It is worth mentioning that, the tech giant updated its Inauguration Day preparations to include a temporary ban on ads that promote weapon accessories as well as protective equipment at least through January 22nd. As a reminder, Facebook already prohibits ads for …

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Arbitrage trading, Indian bank and crypto, taxes

Internal Revenue Service, Crypto, and Tax Returns for 2020

Last year,  the coronavirus pandemic altered the plans of millions of people around the world. Unfortunately, some of them are still out of work and it would take time to improve the situation. Despite all challenges, it is time to think about taxes and in this case crypto taxes. People should keep in mind that, …

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dollar

The dollar fell amid expectations of stimulus payments

On December 29, the U.S. dollar reached more than two and a half year low and risk-sensitive currencies, The Australian and Canadian dollars boosted as optimism that U.S. lawmakers would expand stimulus payments to individuals increased risk sentiment. Remarkably, the House of Representatives voted on December 28 to more than triple stimulus payments to Americans, …

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libra

Facebook and its Digital Currency Libra (Diem)

Facebook is one of the most popular social media platforms in the world, but the company has other interesting projects as well. Interestingly, Libra (now Diem) is a payment system from Facebook. People should take into account that, Libra (Diem) is based on a permission blockchain that is expected to power an ecosystem for digital …

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Congress and a stimulus package

U.S. Congress, Coronavirus Relief Deal, and Broadband

Last year, more precisely on December 20, lawmakers reached a $900 billion coronavirus relief deal. It is worth mentioning that, the deal includes billions in funding for broadband internet access. People should take into account that, the latest relief measure provides $7 billion in funding for broadband connectivity and infrastructure. Importantly, that figure includes $3.2 …

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crypto, Cryptocurrencies and EU market

Famous Crypto Personalities and Law Enforcement Agencies

In 2020 authorities in various parts of the world arrested numerous crypto personalities. Let’s have a look at some of the cases. Let’s start with Arthur Hayes. Last year, more precisely on October 1, the U.S. State Department of Justice charged Arthur Hayes who founded BitMEX as well as three of his associates for violating …

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iran and U.S.

U.S. Sanctions, Iran and its Large Domestic Economy

The state of the local economy is far from being ideal. However, Iranian companies are working hard to adapt to the ever-changing reality. However, it is not an easy task as the U.S. sanctions created many problems for Iran. Interestingly, local companies are increasingly producing the sorts of goods that Iran had long imported from …

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