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Day: October 15, 2021

Without decentralized technologies, successful smart cities will be impossible.

Smart cities are gaining more and more attention worldwide as they become targets of ambition for a growing number of authorities. When it comes to these modern welfare states, there is an undeniable link between the residents for those they are established and the structures, networks, and technologies that allow them to operate safely and …

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The US Senate has approved a temporary rise in the debt ceiling.

After another partisan stalemate earlier this month, a stop-gap measure was enacted, raising the debt ceiling by $480 billion, bringing it to $28.9 trillion. It took the Senate weeks of political struggle to pass the measure, which was 50 to 48. It is set to be exhausted on December 3rd, the same day that most …

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Why are there so few women working in finance? It is a Difficult Situation

For oneself, as a woman who has had a successful career in the banking business for more than twenty years, what do you consider to be the most difficult obstacles you have encountered so far? The truth is that men heavily control the financial services sector, which receives a lot of attention.  When it comes …

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After the 136-country agreement, corporate taxes are expected to rise.

What is 136 countries agreement? A group of 136 countries has approved an international agreement that would tax large corporations at a minimum expense of 15 percent and force agencies to pay taxes by the states in which they perform a commercial activity. Estonia, Hungary, and — significantly — Ireland joined the settlement. All states …

After the 136-country agreement, corporate taxes are expected to rise. Read More »

Challenges Posed By a Centralized Monetary System

The government Challenges are being raised against the Centralized Monetary System. The increasing interconnectedness of the global financial markets presents new difficulties to central banks as they strive to achieve low inflation and financial independence. They have forgotten the meaning of their authority. They are fundamentally losing their freedom, and they are expected to perform …

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Consumer prices rise more than expected as energy costs surge

KEY POINTS Consumer prices overall rose 0.4% in September, pushing the year-over-year gain to 5.4%. Excluding food and energy, the gain was just 0.2% and 4%, respectively. Energy and food prices climbed, while used car prices, which had been a central story in the inflation picture this year, declined. Consumer prices increased slightly more than …

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Cryptocurrency Regulations Around the World

As cryptocurrency’s transformation from speculative investment to a balanced portfolio stablemate continues to gather pace, governments around the world remain divided on how to regulate the emerging asset class. Below, we break down the current digital currency regulatory landscape by country. KEY TAKEAWAYS As cryptocurrency has become a more significant factor in the global investment landscape, countries have taken different …

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Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC

Image source: riotblockchain.com On October 6, a NASDAQ-listed blockchain mining company, Riot Blockchain, announced that its Bitcoin production capacity in September has increased by about 346% to 406 BTC year-on-year comparing to last year. Meanwhile, the yearly Bitcoin mining production recorded an increase of approximately 236% for the first nine months. Riot Blockchain said that as of September this year, the company has mined …

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