Companies around the world are working hard to utilize new technologies. Interestingly, China’s one of the largest chemical producers launched a new Blockchain Warehouse Receipt Platform, to help the industry. It will be able to reduce costs related to operations as well as to improve trade financing. Increased demand for more environmental and safety measures …
Famous Chemical Producer, Blockchain, and New Opportunities Read More »
It was a well-known fact that Google Play Music will cease to exist by the end of 2020. However, this week the tech giant started actually shut down parts of its cloud music service. Google wants people to start using YouTube Music. Importantly, the gradual shutdown started on October 12. The Google Play Music Store …
The world’s second-largest economy continues to recover from the coronavirus pandemic. Interestingly, the People’s Bank of China is ready to increase loans to an already debt-laden system. The country is ready to do whatever it takes to boost its economy. According to the information provided by the People’s Bank of China, the data for the …
Rising Debt Level and its Impact on the Chinese Economy Read More »
Virgin Orbit is part of the Virgin Group. This company plans to provide launch services for small satellites. Unfortunately, the first demonstration launch which took place in May was not successful. Hopefully, the Virgin Orbit aims to launch its demonstration mission in December. Let’s have a look at the first launch to learn more about …
Virgin Orbit Aims to Launch its Next Demo Mission Read More »
The World Trade Organization (WTO) made an important decision. The WTO has ruled that the European Union can impose around $4 billion in tariffs on U.S. goods, including aircraft and ketchup. It is worth mentioning that, the decision from WTO is the latest in a long-running dispute, regarding the subsidies to Boeing and Airbus. As …
World Trade Organization Ruled in Favor of European Union Read More »
It is no secret that the Russian Federation has a huge potential when it comes to cryptocurrencies. However, the situation regarding crypto exchanges is quite difficultt. For example, LocalBitcoins, a major peer-to-peer crypto exchange is no longer available in Russia, without using additional tools like a VPN. It is worth noting that, LocalBitcoins.net is officially …
Roskomnadzor, Major Crypto Exchange, and Legal Aspects Read More »
People all over the world are waiting to see new iPhones. The tech giant, Apple, is expected to release its first iPhone models that support 5G networks. Importantly, new iPhones will be able to use faster new-generation networks from Verizon, T-Mobile, AT&T. As a result, customers will spend less time downloading movies, etc. However, everything …
Countries in different parts of the world suffered heavy losses due to the coronavirus pandemic. Unfortunately, the pandemic is far from being over. Moreover, nobody knows for sure how long it would take to cope with the pandemic. Interestingly, the world’s second-largest economy reported trade data in September. It makes sense as most business activities …
World’s Second Largest Economy and Strong Trade Data Read More »
The Crypto industry continues to develop thanks to interesting ideas. It is worth mentioning that, one of the major trends that emerged during the 2017 crypto boom, remains quite popular to this day. The Initial Coin Offering or ICO. Interestingly, ICO operates somewhere between an Initial Public Offering as well as a crowdfunding campaign. For …
Android 11 is the latest version of the Android mobile operating system which is available to users. As a reminder, it was on September 8, 2020. It is worth noting that, users of Google’s mobile operating system are getting numerous new features. Moreover, new features have the potential to change the way people use their …
Companies from New York to Los Angeles are trying to minimize the damage caused by the coronavirus pandemic. It is not an easy task, as the pandemic created a lot of problems for the companies. Unfortunately, the situation regarding another round of stimulus for small business is quite complex. It is worth noting that, 5 …
How Coronavirus Pandemic Affected Latino Companies Read More »
The U.S. dollar tumbled down on Friday, heading for a second consecutive week of losses as traders increased bets Joe Biden would win the U.S. presidency and offer fiscal stimulus after the elections. Several Wall Street banks think there will be some kind of stimulus package no matter which candidate wins. However, they believe a …
Dollar fell due to renewed stimulus talks. What about Euro? Read More »
The U.K. has one of the largest economies not only in Europe but around the world. However, even before the coronavirus pandemic, the economy was struggling to cope with problems related to Brexit. It is worth mentioning that, U.K’s economy grew 2.1% in August on a monthly basis. Hopefully, the country’s gradual recovery from the …
State of British Economy and Coronavirus Pandemic Read More »
The U.S. dollar and safe-haven Japanese yen tumbled down on Thursday after revived hopes for U.S. fiscal stimulus improved investor sentiment. It seems House Speaker Nancy Pelosi and President Donald Trump agreed to pursue a stimulus package for the airline industry. However, Trump halted talks with Democrats for a bigger plan. Investors expect Joe Biden …
U.S. dollar declined on Thursday. What about Japanese Yen? Read More »
The trade deficit is a serious issue and governments around the world are working hard to cope with this problem. Importantly, the U.S. trade deficit rose in August and to reach the highest level in 14 years. According to the Commerce Department, the gap between the goods and services the country sells and what it …
U.S. Trade Deficit Reached More than $67 Billion Read More »
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