Forwarded from The Economy News
Market Virus: Uncertainty infects global trade as Asia continues to slide
Some early indications as to how the new Omicron Covid variant is impacting world markets, after trading hit a 14-year high on Black Friday in the US amid panic.
Experts suggest it could take weeks to assess the level of fresh disruption. On Monday oil prices rebounded around 5% after a drop of 13% before the weekend. Markets were generally down in Asia on opening.
But with govts shutting borders, and big pharma probing the new strain from Africa... the chief global strategist at BCA Research Inc. Stocks told Bloomberg that volatility will remain for at least 2 weeks.
♨️ t.me/TheEconomyNews
Some early indications as to how the new Omicron Covid variant is impacting world markets, after trading hit a 14-year high on Black Friday in the US amid panic.
Experts suggest it could take weeks to assess the level of fresh disruption. On Monday oil prices rebounded around 5% after a drop of 13% before the weekend. Markets were generally down in Asia on opening.
But with govts shutting borders, and big pharma probing the new strain from Africa... the chief global strategist at BCA Research Inc. Stocks told Bloomberg that volatility will remain for at least 2 weeks.
♨️ t.me/TheEconomyNews
Forwarded from Nodgu
@SABMYK, the Pleiadian King of Orion who'll save the People Recognition Signs:
1. On the Right Hand, The Birth-Sign Of All Orion-Kings. A Sign The Chosen One Was Born With.
It Was Made By The Orion Fertilization. A Genetically By His Divine fathers Created Line called “The Ring Of True Kings”, To Make Him Regognizable Among All Others. True Kings Don’t Need A Ring, They’re Born With A Ring.
🌳 t.me/NoahsProphecy
1. On the Right Hand, The Birth-Sign Of All Orion-Kings. A Sign The Chosen One Was Born With.
It Was Made By The Orion Fertilization. A Genetically By His Divine fathers Created Line called “The Ring Of True Kings”, To Make Him Regognizable Among All Others. True Kings Don’t Need A Ring, They’re Born With A Ring.
🌳 t.me/NoahsProphecy
Omicron crypto craze sees obscure coin drop over 75% in value
An obscure crypto token called Omicron (OMIC) shot up by more than 900% after the identification of the new mega-mutant strain of COVID-19 given the same name.
The token was released on November 2 on SushiSwap, and was still trading at around $65 on Saturday 27 Nov, before shooting up to an all-time high of $689.12 after the WHO’s announcement of the Omicron Covid variant.
Today the token nosedived to $162 within 20 minutes according to CoinGecko, before rebounding to just over $374.
🟡 t.me/CryptoSignalsMust
An obscure crypto token called Omicron (OMIC) shot up by more than 900% after the identification of the new mega-mutant strain of COVID-19 given the same name.
The token was released on November 2 on SushiSwap, and was still trading at around $65 on Saturday 27 Nov, before shooting up to an all-time high of $689.12 after the WHO’s announcement of the Omicron Covid variant.
Today the token nosedived to $162 within 20 minutes according to CoinGecko, before rebounding to just over $374.
🟡 t.me/CryptoSignalsMust
Forwarded from The Economy News
Inflation Wave: Food & Energy Prices Force Families Around Globe to Tighten Belts
Households and small businesses are being forced to rethink expenditures on the back of a global rise in consumer goods prices. The inflation surge - prompted by high energy costs and supply chain disruptions - hit 6.2% last month in the US, and even higher for some Eastern European countries like Hungary (6.6%) and Poland (6.4%).
Analysis suggests it has been triggered by govts trying to jump-start economies post-lockdowns with low-interest loans from central banks. By putting some money in consumer pockets, supply has been unable to keep up with demand.
“Food prices are a barometer for social unrest,” said Carmen Reinhart, chief economist at the World Bank, noting that the 2010 Arab Spring uprisings were sparked partly by outrage over food prices.
♨️ t.me/TheEconomyNews
Households and small businesses are being forced to rethink expenditures on the back of a global rise in consumer goods prices. The inflation surge - prompted by high energy costs and supply chain disruptions - hit 6.2% last month in the US, and even higher for some Eastern European countries like Hungary (6.6%) and Poland (6.4%).
Analysis suggests it has been triggered by govts trying to jump-start economies post-lockdowns with low-interest loans from central banks. By putting some money in consumer pockets, supply has been unable to keep up with demand.
“Food prices are a barometer for social unrest,” said Carmen Reinhart, chief economist at the World Bank, noting that the 2010 Arab Spring uprisings were sparked partly by outrage over food prices.
♨️ t.me/TheEconomyNews
Forwarded from Best Token News
⚡️Nasdaq SUSPENDS trading in Twitter with reports CEO Dorsey to step down - AFP
⚜️ t.me/BestTokenNews
⚜️ t.me/BestTokenNews
Forwarded from SABMYKA
NFTs could be a path towards new social interactions
NFTs have been continuously rising despite the price actions in the crypto market. These Non-Fungible Tokens are evolving as a topic of interest to a mainstream conversation. Variety of these crypto collectibles are drawing a new audience of enthusiasts. Notably, the entire industry is offering a glimpse into a new layer of social interaction.
🤖 t.me/NFTreport
NFTs have been continuously rising despite the price actions in the crypto market. These Non-Fungible Tokens are evolving as a topic of interest to a mainstream conversation. Variety of these crypto collectibles are drawing a new audience of enthusiasts. Notably, the entire industry is offering a glimpse into a new layer of social interaction.
🤖 t.me/NFTreport
Forwarded from Bitcoin Inventors
Crypto regulations were unable to hurt trading in South korea
Crypto regulations are getting more strict as authorities have begun to eye the industry. Although the digital currency ecosystem is more secure than any industry, financial regulators are trying to bring more stringent rules for cryptocurrency investors and firms. However, it is incredible to see that despite such headwinds, traders have no fear.
📀 t.me/BitcoinInventors
Crypto regulations are getting more strict as authorities have begun to eye the industry. Although the digital currency ecosystem is more secure than any industry, financial regulators are trying to bring more stringent rules for cryptocurrency investors and firms. However, it is incredible to see that despite such headwinds, traders have no fear.
📀 t.me/BitcoinInventors
Forwarded from SHIBA INU Info
Shiba Inu price analysis: SHIB hits 1 million token holders as price continues to falter
Shiba Inu price analysis for the day shows a significant 7 percent decline for the token with price reaching as low as $0.00003599. After steadily decreasing since November 19, the token now faces a stern battle to keep above the crucial 20 and 50-day Exponential Moving Averages. The decline comes into the fray despite a milestone achievement for SHIB to have crossed one million. token holders earlier today. With trading volume also falling more than 33 percent, Shiba Inu price is set for a potentially lengthy bear spell.
🐕 t.me/SHIBAinuInfo
Shiba Inu price analysis for the day shows a significant 7 percent decline for the token with price reaching as low as $0.00003599. After steadily decreasing since November 19, the token now faces a stern battle to keep above the crucial 20 and 50-day Exponential Moving Averages. The decline comes into the fray despite a milestone achievement for SHIB to have crossed one million. token holders earlier today. With trading volume also falling more than 33 percent, Shiba Inu price is set for a potentially lengthy bear spell.
🐕 t.me/SHIBAinuInfo
Thailand Plans to Become 'Crypto-Positive Society' — Governor Says 'Crypto Is the Future'
Thailand is laying the groundwork to become a "Crypto-positive society" with the aim to attract crypto holders and boost its tourism industry.
🟡 t.me/CryptoSignalsMust
Thailand is laying the groundwork to become a "Crypto-positive society" with the aim to attract crypto holders and boost its tourism industry.
🟡 t.me/CryptoSignalsMust
Forwarded from Blockchain Report
Major Israeli bank to invest in crypto digital wallet Neema (Reports)
Bank Hapoalim, which is one of Israel’s largest banks, is in the advanced stages to invest in Neema’s wallet at a valuation of $40-$50 million. (CTech)
Bank Hapoalim is well-acquainted with Neema, which has been working with its payment app, Bit, for over a year.
The collaboration enables both apps to work together and allows Israeli companies and persons to make bank transfers using the Bit app to foreign workers - who can struggle with opening a local account in Israel but can use Neema’s services.
🥅 t.me/BlockchainReport
Bank Hapoalim, which is one of Israel’s largest banks, is in the advanced stages to invest in Neema’s wallet at a valuation of $40-$50 million. (CTech)
Bank Hapoalim is well-acquainted with Neema, which has been working with its payment app, Bit, for over a year.
The collaboration enables both apps to work together and allows Israeli companies and persons to make bank transfers using the Bit app to foreign workers - who can struggle with opening a local account in Israel but can use Neema’s services.
🥅 t.me/BlockchainReport
Forwarded from The Economy News
❗️Global Oil Prices Slump
Brent and WTI Crude have fallen around 4% on Tuesday. The former has now dipped below $70 per barrel for the first time since late August.
♨️ t.me/TheEconomyNews
Brent and WTI Crude have fallen around 4% on Tuesday. The former has now dipped below $70 per barrel for the first time since late August.
♨️ t.me/TheEconomyNews
Forwarded from The Economy News
Evergrande shares collapse after company’s chairman trims stake
China Evergrande Group’s shares dived as much as 4.8% Monday after chairman Hui Ka Yan divested some of his stake in the embattled company to raise around $344mn. (Reuters)
Hui sold 1.2bn shares Friday lowering his stake from 77% to 67.9% in a desperate attempt to raise capital to tackle its more than $300bn in debt
Investors are waiting to see if the company can meet its Nov. 6 coupon payments totaling $82.5mn which was extended with a 30-day grace which ends Dec. 6.
♨️ t.me/TheEconomyNews
China Evergrande Group’s shares dived as much as 4.8% Monday after chairman Hui Ka Yan divested some of his stake in the embattled company to raise around $344mn. (Reuters)
Hui sold 1.2bn shares Friday lowering his stake from 77% to 67.9% in a desperate attempt to raise capital to tackle its more than $300bn in debt
Investors are waiting to see if the company can meet its Nov. 6 coupon payments totaling $82.5mn which was extended with a 30-day grace which ends Dec. 6.
♨️ t.me/TheEconomyNews
Forwarded from The Economy News
Electric Shock: Prices Skyrocket 5-times higher in Finland
The cost of electricity in the Scandinavian nation has set a record at 400 euros per megawatt-hour during peak times, about 5 times higher than a year ago.
Finland is energy-dependent and takes about 10% of its electricity from Russia. Experts believe the price surge will remain until summer, when its Olkiluoto-3 nuclear power plant is launched.
♨️ t.me/TheEconomyNews
The cost of electricity in the Scandinavian nation has set a record at 400 euros per megawatt-hour during peak times, about 5 times higher than a year ago.
Finland is energy-dependent and takes about 10% of its electricity from Russia. Experts believe the price surge will remain until summer, when its Olkiluoto-3 nuclear power plant is launched.
♨️ t.me/TheEconomyNews
JUST IN - Europe finds only mild or asymptomatic "Omicron cases" so far, based on information from public sources (Bloomberg)
♨️ t.me/TheEconomyNews
♨️ t.me/TheEconomyNews
Forwarded from The Economy News
JUST IN - Federal Reserve: Risk of "more persistent inflation" in the United States has risen - Powell
♨️ t.me/TheEconomyNews
♨️ t.me/TheEconomyNews
Forwarded from SABMYKA
Either FED is Crypto or the greed made people compete idiots to believe such stupid fake news like:
Metaverse: mega yacht sold for 650,000 USD
In the Sandbox virtual gaming world, a mega yacht has been sold for a whopping $650,000.
With this purchase, the Metaflower yacht has become the most expensive non-fungible token to have been sold in the Sandbox - a virtual world built on the Ethereum blockchain that allows players to gather digital collectibles, build their own games, and monitise their experiences.
🤖 t.me/NFTreport
Metaverse: mega yacht sold for 650,000 USD
In the Sandbox virtual gaming world, a mega yacht has been sold for a whopping $650,000.
With this purchase, the Metaflower yacht has become the most expensive non-fungible token to have been sold in the Sandbox - a virtual world built on the Ethereum blockchain that allows players to gather digital collectibles, build their own games, and monitise their experiences.
🤖 t.me/NFTreport
Forwarded from SABMYKA
NFT Total Market Cap Exceeds $7B, GameFi Fuels Market’s Growth
Every day is a new day in the NFT metaverse. As the world is seeing a significant shift towards the next stage of Internet evolution – ‘ the Web 3.0,’ virtual assets are receiving critical acclaim from enthusiasts across the globe. Per a JP Morgan report, monthly NFT sales have spiked fivefold compared to January 2021, driving the sector’s total market cap to over $7 billion in mere months.
🤖 t.me/NFTreport
Every day is a new day in the NFT metaverse. As the world is seeing a significant shift towards the next stage of Internet evolution – ‘ the Web 3.0,’ virtual assets are receiving critical acclaim from enthusiasts across the globe. Per a JP Morgan report, monthly NFT sales have spiked fivefold compared to January 2021, driving the sector’s total market cap to over $7 billion in mere months.
🤖 t.me/NFTreport
Forwarded from The Economy News
China Crisis: Kaisa next debt worry as UK asset manager buys up Evergrande bonds
Kaisa Group Holdings Ltd.’s offer to exchange its $400 million of dollar notes maturing Dec. 7 for new ones due 18 months later – in a bid to avert default - expires on Thursday.(Bloomberg)
Meanwhile, London-based asset manager Ashmore Group reportedly bought around $100mn of bonds issued by China Evergrande or its subsidiaries. Ashmore now allegedly holds a whopping $500mn of the company’s debt, which tops an eye-watering $300 BILLION in total.
Evergrande plunged 8.8% in Hong Kong Monday, extending the biggest two-day drop in more than four months.
♨️ t.me/TheEconomyNews
Kaisa Group Holdings Ltd.’s offer to exchange its $400 million of dollar notes maturing Dec. 7 for new ones due 18 months later – in a bid to avert default - expires on Thursday.(Bloomberg)
Meanwhile, London-based asset manager Ashmore Group reportedly bought around $100mn of bonds issued by China Evergrande or its subsidiaries. Ashmore now allegedly holds a whopping $500mn of the company’s debt, which tops an eye-watering $300 BILLION in total.
Evergrande plunged 8.8% in Hong Kong Monday, extending the biggest two-day drop in more than four months.
♨️ t.me/TheEconomyNews
Forwarded from The Economy News
Dow SLUMPS 650 points: Stock markets tumble amid growing Omicron variant fears
Major averages sunk Tuesday as investors reassessed risks associated with the new variant of Coronavirus out of South Africa. (CNBC)
The Dow shaved a whopping 652 points weighed down by loses in AmEx. The S&P 500 and the Russell 2000 each lost 1.9% in value while the Nasdaq shed 1.6% overall.
Tuesday’s sluggish results shadow Moderna’s CEO comments to the FT that she expects existing vaccines to be less effective against the new, Omicron variant.
♨️ t.me/TheEconomyNews
Major averages sunk Tuesday as investors reassessed risks associated with the new variant of Coronavirus out of South Africa. (CNBC)
The Dow shaved a whopping 652 points weighed down by loses in AmEx. The S&P 500 and the Russell 2000 each lost 1.9% in value while the Nasdaq shed 1.6% overall.
Tuesday’s sluggish results shadow Moderna’s CEO comments to the FT that she expects existing vaccines to be less effective against the new, Omicron variant.
♨️ t.me/TheEconomyNews
Forwarded from Jackson Pollock Art
Media is too big
VIEW IN TELEGRAM
Pastor Meeks quotes @SABMYK from the Bible: “Your Body belongs to God... no President or Public Health Official has any right on it...
...or Billionaire Technocrat gets to dictate what we must put into our bodies...”
💉💀💉 t.me/AntiGates
...or Billionaire Technocrat gets to dictate what we must put into our bodies...”
💉💀💉 t.me/AntiGates