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Coronavirus Could Cost the Global Economy Trillions on a SARS Baseline
Based on estimates of the economic impact of SARS in 2003, and epidemiologists' coronavirus forecasts, it could cost us trillions. The post Coronavirus Could Cost the Global Economy Trillions on a SARS Baseline appeared first on CCN.com дальше »
2020-2-24 13:15 | |
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Wuhan Virus: Impact on China, Global Growth in Focus
The rapidly spreading virus has brought into focus its potential impact on China and the global economy, unsettling markets dependent on Chinese demand. дальше »
2020-2-20 15:00 | |
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China’s Economy on the Brink as Coronavirus Fears Intensify
Coronavirus fears are having a negative impact on Chinese markets and the economy as a whole amid concerns of a global outbreak. The post China’s Economy on the Brink as Coronavirus Fears Intensify appeared first on CCN.com дальше »
2020-1-27 00:24 | |
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On Campus: Democratizing the World’s Economy With Blockchain
“It just started to sprout like mushrooms,” remarks Professor Shafi Goldwasser on the emergence of blockchain technology. “I was interested in understanding its significance as a platform for collaboration, and what its impact would be on the economy. дальше »
2020-1-10 21:53 | |
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Crypto Derivatives Market Continues Strong for a Reason, OKEx Emerges on Top
The cryptocurrency sector, with its origins spanning a bit over a decade, has already made its presence and impact felt on the global economy. In fact, this new class of digital assets is now on the verge of becoming part of the mainstream financial system. дальше »
2019-12-27 15:10 | |
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Dow Extends Rally Because Investors Bet Trump’s Tariff Gun Isn’t Loaded
The Dow, S&P 500, and Nasdaq continued to stretch toward unprecedented heights on Tuesday. Goldman Sachs anticipates that the trade war will have little impact on the global economy in 2020. But one panel of experts warned that by refusing to relent on tariffs, President Trump is “holding a gun to the head” of the […] The post Dow Extends Rally Because Investors Bet Trump’s Tariff Gun Isn’t Loaded appeared first on CCN.com дальше »
2019-11-20 17:37 | |
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Former ECB President’s Statement Shows Bitcoin Does Have Impact on the Economy
While many enthusiasts offer a bullish assessment of the future of cryptocurrencies like bitcoin and the ways it can be used to replace or supplement fiat currency, the coins have received mixed reactions from central banks across the globe. дальше »
2019-11-14 19:58 | |
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Telegram’s Gram token receives support from Libra Association founding member
Social media websites like Facebook and Telegram, once known for connecting people, have recently shown a keen interest in the cryptocurrency market, both announcing their individual cryptocurrencies. дальше »
2019-10-8 15:00 | |
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Panicking China’s Abrupt Oil Squeeze May Hasten Trump Trade Deal
This week, a major oil processing plant in Saudi Arabia was destroyed by a barrage of drone attacks, removing 2 million barrels from global surplus. The surge in the price of oil could place more pressure on the economy of China, which could have an impact on the ongoing trade deal talks. дальше »
2019-9-17 12:36 | |
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California passes landmark gig workers’ rights bill — here’s what that means
California legislators on Tuesday approved a landmark bill that would consider contractors for companies like Uber and Lyft as “employees. ” The state Senate voted in favor of the bill — dubbed Assembly Bill 5 (AB5) — that would ensure gig economy workers in companies like Uber, Lyft, and DoorDash are entitled to minimum wage, workers‘ compensation, and other benefits. дальше »
2019-9-11 13:02 | |
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The Impact of Brexit on the United Kingdom’s Crypto Sector
Brexit has served as a prime example of how ordinary citizens can protect their assets from political turmoil using Bitcoin. According to Forbes, the negative effects of a potential no-deal Brexit are leaking into the economy and affecting crypto startups in the region, September 4, 2019. дальше »
2019-9-6 21:00 | |
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Scientists think light and noise from Earth could attract aliens
Since the first use of electric lamps in the 19th century, society hasn’t looked back. Homes and streets are lit at all hours so that people can go about their business when they’d once have been asleep. дальше »
2019-8-10 12:00 | |
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Japan Analyses Libra’s Economic Influence And How It Can Affects Financial Stability as G7 Approaches
Japan analyses Libra influence on the economy and the impact it can have on the economy The virtual currency was announced by Facebook on June 18 Japan is analyzing the effects that the recently announced Libra stablecoin would have on the financial markets and the economy. This is according to a recent report released by […] дальше »
2019-7-14 19:28 | |
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Crypto Ambitions Rise in Cuba to Curb Economic Crisis
The number of countries facing economic woes is rising dramatically. In order to mitigate the impact of inflation, nations are looking towards cryptocurrency as one possible solution and Cuba is the latest to turn to digital assets. дальше »
2019-7-4 12:00 | |
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Dow Futures Wobbles Under Economic Data Scrutiny on Memorial Day
By CCN: The Dow and U. S. stock market could see significant action this week as a fresh wave of economic data make their way through the financial markets. Critically, these data releases will help investors determine the latest impact of the U. дальше »
2019-5-27 18:04 | |
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Bitcoin No Threat Yet but Crypto ‘Phenomenon’ Needs Monitoring: European Central Bank
By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets. дальше »
2019-5-19 15:40 | |
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European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
дальше »2019-5-18 23:51 | |
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Bankers meet Bitcoiners
For the first time, a Bitcoin conference is bringing together advocates and critics. Beyond the price volatility, the adoption of Bitcoins continues at a rapid pace. At BayernLB in Munich, international experts discuss the value of Bitcoin and its potential impact on businesses and the world economy. дальше »
2019-4-30 10:30 | |
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Reserve Bank of India Says Cryptocurrencies are “Negative” and Don’t Provide Anything New to The Economy
The Reserve Bank of India will not even bother to study the possibility of testing the impact of crypto and similar virtual tokens on the development of a new regulatory framework for fintechs. In a. дальше »
2019-4-20 05:53 | |
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Trump’s Reckless Trade War Threats Risk Sparking Dow Jones Meltdown
While the Dow struggles to maintain a tenuous grip on growth, President Donald Trump recklessly thrust the economy toward a recession – and the US stock market toward an all-out meltdown. Trump Callously Disregards Impact of His Reckless Tweets The Dow Jones Industrial Average Index (DJI) slid this week on continued fears of a looming recession and lower earnings reports (though the latter are primarily due to inflated figures of last year, which benefited from the one-off immediate impact of Trump’s corporate tax cuts). дальше »
2019-4-12 20:07 | |
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Endor Protocol Launches in a Bid to Democratize Access to AI
It’s evident that we are in an era of profound technological innovation, and few things are garnering as much attention as artificial intelligence (AI). Indeed, AI is expected to have a profound impact on virtually every facet of culture and the economy, and businesses are well aware of its transformative potential. дальше »
2019-4-5 20:52 | |
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Did You Eat Your Bitcoin Wheaties Today? Here’s How Cryptocurrency Can Optimize The World
Cryptocurrency and blockchain technology have already had a big impact on the global economy and financial system. A few of the ways that the cryptocurrency has had an impact include reducing barriers to entry, mitigating the need for a middle man, promoting crowdfunding, cash replication, and providing users with an alternative to traditional money. Here […] дальше »
2019-4-1 20:04 | |
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Adam Draper, Crypto Mainstay, Discusses How Coinbase Will Impact the Bitcoin Ecosystem
The mainstream implementation of the crypto industry has been constantly brought up in the news over the last few years. The goal of the proponents of the market appears to be the assurance that the digital assets will find their place in the economy, while explaining the origins of the crypto space’s foundation. This subject […] дальше »
2019-3-24 01:42 | |
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Following Drafted Crypto Rules Release In December, Bahrain Aims To Introduce Official Regulations
Following Release Of Drafted Crypto Rules In December, Bahrain Aims to Introduce Official Regulations Cryptocurrency is finding its way into nearly every country, and the only way to determine how will impact the economy in those regions. дальше »
2019-2-21 01:42 | |
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India Fears Bitcoin and Cryptocurrencies Could Destabilize Rupee
The effect Bitcoin (BTC) and other cryptocurrencies may have on the Indian rupee is reportedly a top concern for Indian lawmakers — specifically, if said digital currencies are to be legalized as a form of payment in the country. дальше »
2019-2-6 12:00 | |
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Dow Smashes Through 25,000 after Blowout Jobs Report Pours Cold Water on Government Shutdown Fears
The U. S. stock market extended its rally Friday after better than expected jobs data suggested that the impact of a partial government shutdown on the economy was largely overblown. Dow Surges Past Major Milestone All of Wall Street’s major indexes traded higher on Friday, reflecting a mostly upbeat pre-market for U. дальше »
2019-2-2 19:14 | |
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JPMorgan: Blockchain Technology Will Improve the Trade and Finance Sector
While the revolutionary distributed ledger technology (DLT) is slowly but steadily gaining traction in various sectors of the world economy including supply chain, healthcare, and others, American multinational investment bank, JPMorgan says it may take another “three to five years” before blockchain technology starts making meaningful impact on trade-finance, reported Bloomberg on January 29, 2019. дальше »
2019-2-1 19:00 | |
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Big Bankers Say Cryptocurrencies Do Not Pose a Threat to Global Financial Stability
The Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy. The assessment could have an impact on India, whose central bank is part of the board. дальше »
2019-1-5 11:38 | |
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IOTA Talks About Supply Chain Challenges and Its DLT Solutions
The supply chains of the world still depend on paper documents and dated processes which impact the global economy and hamper international trade. The IOTA Foundation has defined solutions based on distributed ledger technology (DLT) that could help in solving these issues. дальше »
2018-12-21 16:59 | |
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Compoud Creator Robert Leshner: Rising Interest Rates Could Negatively Impact Cryptocurrency
Fortune recently decided to interview Robert Leshner, who just started a new company called Compound. During the interview, they spoke about the rising interest rates in the country, and how cryptocurrency’s experience has only been with a low interest rate in the economy. дальше »
2018-11-5 22:19 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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Impact of Cryptocurrency in Global Economy Could Be Motivation for New Financial Order
Impact of Cryptocurrency in Global Economy Could Be Motivation for New Financial Order “Money is not going to be the same forever and ever. ” Those are the words of Marcus Swanepoel from a discussion with Express. дальше »
2018-10-25 00:09 | |
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Op Ed: Why Satoshi Nakamoto Deserves a Nobel Prize
Alfred Nobel died with regrets. After making a fortune off of explosives, he indicated in his will that his fortune should be used to make a prize awarded each year to those who “conferred the greatest benefit to humankind. дальше »
2018-10-23 23:22 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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IMF: Crypto Growth ‘Could Create Vulnerabilities’ In Economy
The International Monetary Fund (IMF) briefly cautioned on the impact of cryptocurrency as part of a new report on global finances. Report Highlights ‘Sources Of Risk’ The body’s World Economic Outlook, highlighting “challenges to steady growth” going forward, suggested a relationship between cryptocurrency usage and the economy becoming more “vulnerable. дальше »
2018-10-9 18:00 | |
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Ripple for Good Supports Education and Financial Inclusion with $100 Million Commitment
Today, we’re thrilled to announce Ripple for Good, a corporate social impact program that will support mission-driven organizations and initiatives with the potential to expand financial inclusion worldwide. дальше »
2018-9-27 17:31 | |
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IBM/MIT Connection Science Issue Report on the Role of Blockchain in Government
On September 24, 2018, MIT Connection Science and IBM issued a 41-page joint report on the results of three roundtable discussions on the role of Blockchain in government. дальше »
2018-9-27 22:12 | |
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Blockchain Adoption Will Add $120bn To World Economy
Blockchain adoption could add more than a $100bn to the global economy in the next six years, a recent report suggests. The Future of the Blockchain Market Report revealed distributed ledger technology (DLT) would have a positive economic impact; contributing as much as $120bn worldwide between now and 2024. дальше »
2018-9-25 20:17 | |
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Demand For Blockchain Remains Strong Despite Bearish Cryptocurrency Market
In an interview with Bloomberg, Grainne McNamara, the blockchain lead at PricewaterhouseCoopers (PwC), mentioned on September 18, 2018, that there is a lot of demand for blockchain technology and interest in the token economy despite the bearish cryptocurrency market. дальше »
2018-9-22 15:00 | |
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Institutional Investors Venturing Into Crypto
Even in the usually risk-averse institutional finance community, the potential benefits and profits to be made in cryptocurrencies are becoming impossible to ignore. As their popularity continues to multiply at an astonishing rate, hedge funds and other pillars of the investing economy are slowly beginning to stop watching and start interacting. дальше »
2018-9-15 18:00 | |
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IBM Blockchain Unleashes New Yellow Pages of Blockchain Networks for Visibility
On September 13, Jerry Cuomo, Vice President of Blockchain Technologies at IBM, announced that IBM joined the HACERA Unbounded Registry as founding member. In a blog post he told the story about the Yellow Pages and how it became famous over the years. дальше »
2018-9-14 05:50 | |
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How Self-Proclaimed Tech Know-Nothing Paul Krugman Got it Wrong… Again
For a man who, 20 years ago, claimed, that the internet would impact the economy no more than the fax machine, you’d think that Paul Krugman would know when to say nothing. But the economist and Nobel laureate took aim at cryptocurrency in a New York Times column earlier this year, as reported by Bitcoinist. дальше »
2018-9-11 10:00 | |
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