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Tag: World economy
$1.4 trillion wipeout hits crypto industry at Davos — except for a lone flashy orange bitcoin car
[ad_1] Along the Davos Promenade in 2023 there were fewer crypto companies than in previous years after the market crash. Circle, the company behind the stablecoin USDC, was one the…
New Year, new rally: Why bitcoin is up 26% this month after a tumultuous 2022
[ad_1] A number of factors are behind bitcoin’s New Year rise, according to analysts, including an increased probability of interest rates being lowered and purchases by large buyers known as…
OECD chief says China’s reopening ‘overwhelmingly positive’ to help tackle global inflation crisis
[ad_1] OECD Secretary-General Mathias Cormann on Monday said China’s reopening is “overwhelmingly positive” in the global fight to tackle surging inflation. “We certainly very much welcome the easing of Covid…
The richest 1% of people amassed almost two-thirds of new wealth created in the last two years, Oxfam says
[ad_1] Skyline in lower Manhattan. Gary Hershorn | Corbis News | Getty Images Over the last two years, the richest 1% of people have accumulated close to two-thirds of all…
Astana Economic Forum: New Energy, New Economy
[ad_1] ‘New Energy – New Economy’ was the theme of this year’s Astana Economic Forum, which brings together world leaders in the fields of economics, politics and science. More than…
Kazakhstan showcases economic achievements at Astana Economic Forum
[ad_1] The Astana Economic Forum is an opportunity for international dialogue, discussion and brainstorming on a range of economic issues facing Central Asia and the rest of the world. For…
Crypto exchange Binance plans 15-30% hiring spree in 2023 even as rivals slash jobs
[ad_1] Zhao Changpeng, founder and chief executive officer of Binance, attends a conference at Porte de Versailles exhibition center in Paris, France June 16, 2022. Benoit Tessier | Reuters Binance…
Rolls-Royce sees record sales in 2022, no slowdown in spending by the wealthy
[ad_1] Rolls-Royce sold a record number of cars in 2022 as demand for its $500,000 vehicles remained strong, despite recession fears, according to CEO Torsten Muller-Otvos. “We haven’t seen any…
China’s reopening could boost Australia’s economy by 1%, JPMorgan says
[ad_1] According to JPMorgan, a full recovery in Australia’s tourism will add 0.5 percentage points to its GDP and the return of international students from China will add another 0.4…