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Johnson & Johnson to invest $55 billion in the US over the next four years 03/24/2025

Major Corporations Demand Deeper EU Deregulation Amid Minimal Red Tape Relief 03/22/2025

Russia’s 30-Day Energy Strike Pause: A Calculated Move Amid the Ukraine Conflict** 03/19/2025

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Economics

Five countries that can push oil prices up

Oil prices seem to be stuck in the region of $ 50 per barrel, but this does not mean that there are no risks on the market related to supply disruptions. Unexpected interruptions can occur at any time, as has already happened in the past. The geopolitical processes taking place in the world did not...

British parliament will have to decide on Brexit deal by January 2019: Davis

David Davis is Britain’s Brexit Minister. Here is his timeline for Britain’s final call on its historic decision to leave the European Union. On Thursday, Britain’s Brexit Minister informed the British parliament that it will have to decide whether to accept the government’s deal on the terms for...

Bitcoin Gold, A New Cryptocurrency Created By A Split In Bitcoin Has Plunged 66% Since Creation

With the newly-created bitcoin gold seeing its value plunge over 60 percent, the price of bitcoin took a hit after the cryptocurrency underwent another split. Before recovering nearly $300, bitcoin hit a low of $5,374.60 on Wednesday. The "hard fork" that occurred Tuesday preceded the...

How soon will a default occur in Venezuela?

Last week, the government of a country, which possesses the world's largest oil reserves, failed to make payments on coupon income on bonds totaling $ 586 million. However, these payments have preferential periods of 30 days, which Venezuela used. The country is trying to find means to pay off...

The EU’s banking regulators should prepare for a cliff-edge Brexit scenario: BaFin

In the post-Brexit scenario regulators will need to have a tool set to correct temporary market distortions. On Tuesday, Germany’s top financial regulator stated, the EU’s banking regulators will need temporary fixes in the event of UK-based banks facing a cliff-edge after the Brexit regulations in...

Saudi Arabia to open doors to foreign investors

Saudi Arabia is pondering a plan that will allow non-residents to become strategic investors in companies whose shares are quoted on the exchange, reports Bloomberg. The capital market department (CMA) and the Saudi Arabia General Investment Authority (SAGIA) signed a memorandum on the creation of...

Abe wins; the yen is falling, stocks are rising

The yen weakened, and Japanese stocks rose amid a stunning victory in the lower house of parliament of Prime Minister Shinzo Abe. Early elections were won by the ruling coalition - the union of the Liberal Democratic Party and the center-right party Komeito. Abe’s coalition won 281 of the 465 seats...

Bitcoin Hits A New Record High, Smashes Through $6,100 Barrier

Breaking through the $6,100 barrier, bitcoin set a new record high on Saturday. According to data from industry website CoinDesk, just a day after pushing through the $6,000 mark, the cryptocurrency hit an all-time high of $6,147.07. another upcoming split in bitcoin known as a...

The Mystery Ingredient In Australia's Jobs Feast Are Women

Answer to an economic puzzle that analysts and policymakers alike have been struggling to solve this year can be provided by women coming into Australia’s workforce. The jobless rate hardly budged even while the country’s employment has been surging beyond all expectations. A...

Record High Above $6,000 Attained By Bitcoin

As investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies, the market capitalization of bitcoin was pushed to $100 billion at one point as the cryptocurrency surged to a record high of more than $6,000 on Friday. Gaining...