Fishing suspension affects economy For the first time, fishing crews in Alaska announced they won’t be careering through ice and sea to pluck snow crab from the Bering Sea, due to dwindling stocks of the crustacean. The Alaska Department of Fish and Game cancelled snow crab season this year after a catastrophic population crash of […]
Economic factors in latest election With Brazil’s economy repairing itself progressively since the pandemic, unemployment falling to its lowest in nearly seven years and consumer prices finally edging downward, what is on the minds of the country’s voters? The rash of recent positive economic indicators may boost the chances for incumbent President Jair Bolsonaro, who
Brazil back at the ballot box Read More »
Nord Stream latest With the main gas pipelines from Russia into Europe being disrupted or halted, nor only have EU nations and the UK price hikes and shortages in supply, they also face diplomatic hurdles. This week, Vladimir Putin claimed the ball is now in the European Union’s court – “let them just open the
European Union’s Gas Conundrum Read More »
Steeling for sanctions After international bans on gold and oil, Moscow now faces an embargo on its metals industry as financial centres around the world weigh up what practicalities such a move would have. The London Metal Exchange has announced it is looking at a three-week analysis process on the possibility of banning Russian metal,
Russia heavy with metal strife Read More »
Awaiting the nadir The markets have been tanking for some time now, so it’s reasonable to ask: Challenges to the carmakers When will we see the bottom? When will prices reach their lowest? When will the stock market recover? Many analysts are warning of a “double bottom” pattern that could be bullish, and could create
How low can we go? Read More »
Fast cars and fast bucks What gets the heartbeats of the well-heeled racing? Speedy cars and stock market killings probably feature high on the agenda. The initial public offering (IPO) of Porsche is well set to deliver flutters on both counts when shares start trading on Frankfurt’s stock exchange this week. With a predicted valuation
Auto-motivation for profits Read More »
The Walking Debt The increase in interest rates globally has affected many businesses but the latest rate rise in Hong Kong is likely to cause all manner of problems for mortgage borrowers and corporate debtors, as the costs of maintaining their debt soar. Some corporate borrowers in particular face a gloomy outlook as they could
Zombie Finance in Hong Kong Read More »
Are these fractions proper? Fractionalised non-fungible tokens (F-NFTs) are the latest incarnation of the complexities of the crypto art world. In brief, they break up the concept of owning a piece of art by allowing anyone to own a smaller piece of it. However there is confusion around what the future holds for F-NFT investors
A ‘fraction’ of the price Read More »
Etheruem’s lanes merging The crypto world is watching as Ethereum’s long anticipated shift from a proof-of-work consensus mechanism to proof-of-stake has finally completed. The Merge, as it’s popularly known, is the most significant transformation to a blockchain protocol for any cryptocurrency. The question for investors is whether the market for Ethereum’s native token, Ether, will
The Ethereum Merge: Is it enough? Read More »
Trouble at coin mill What’s the latest? The crypto fortunes of Terra tokens Luna and Luna Classic plummeted as a South Korean court issued an arrest warrant against Do Kwon, the network’s founder, and five others, this week. Luna fell 36%, while LUNC dropped 25%, with much of the price movement coming after news of
