BoE Policymakers Pondering First Rate Cut Since 2016
Gertjan Vlieghe, a member of Bank of England’s (BoE) Monetary Policy Committee (MPC), said yesterday that he would vote for a cut in the...
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IMF to Close Office in Athens
The International Monetary Fund (IMF) will close its Athens office, Greek Prime Minister Kyriakos Mitsotakis announced on Tuesday after me...
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UK Businesses Worried About Brexit Implementation Deadline
British companies hope that UK Prime Minister Boris Johnson’s trade deal with the European Union won’t allow any economic disruptions,...
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Israel Notes Record Number of Tourists in 2019
Israel was visited by a record number of tourists last year. However, the tourism ministry said on Monday that growth would decelerate in ...
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Australia’s Fires Hit Local Businesses
Australia’s wildfires continue, and local firms are reporting serious damages to their businesses. Resorts are shutting down, cheesemake...
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Former Nissan Boss Meets With Lebanon President After Escaping Japan
Former Nissan CEO Carlos Ghosn escaped from home arrest in Japan and ran in Lebanon, where he reportedly met with the country’s presiden...
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Trump Announces Signing Ceremony for Trade Deal with China
US President Donald Trump said on Christmas Eve that he and Chinese President Xi Jinping would take part in a signing ceremony to ink the ...
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Andrew Bailey to Become Next BoE Governor
Andrew Bailey will replace Mark Carney and become the next Governor of the Bank of England (BoE). He will make the switch just as the UK i...
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Japan, South Korea Restart Trade Talks
Japan and South Korean senior trade representatives had their first meeting in over three years on Monday, December 16. The relationship b...
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US, China to Ink Historic Phase One Trade Deal
The US and China finally cooled their trade conflict that has lasted for 16 months. The world’s two biggest economies agreed to ink a ...
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UK PM Boris Johnson Wins Impressive Victory to “Get Brexit Done”
Prime Minister Boris Johnson’s Conservative Party won an impressive victory on Thursday, which might end the Brexit uncertainty that has...
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10% of Hong Kong Retailers to Shut Down Because of Protests
Over 10% of retailers operating in Hong Kong might close down by the end of the first quarter of next year, as violent protests and social...
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Bank of Canada Governor Stephen Poloz to Leave the Bank in June
Bank of Canada (BoC) Governor Stephen Poloz won’t seek a second term in June 2020, meaning that he will leave the central bank in severa...
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US Must Cut Tariffs, China’s Commerce Ministry Says
China insists that the US has to give up on some tariffs before reaching the “phase one” trade deal. On Thursday, Gao Feng, the spokes...
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Trump Thinking About US Location to Sign Trade Deal with China
US President Donald Trump hinted that he might sign the trade agreement with China in Iowa, though more US locations are currently in revi...
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Ukrainian President Condemns Denmark’s Decision to Approve Nord Stream 2
Ukrainian President Volodymyr Zelenskiy said Thursday that Denmark’s decision to endorse the Nord Stream 2 pipeline strengthens Russia ...
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UK PM’s Brexit Deal Could Slash 3.5% of GDP Per Year
The Brexit deal agreed between UK Prime Minister Boris Johnson and European leaders could leave the British economy 3.5% smaller every sin...
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US, China Agree on Trade Relationship Direction, Kushner Says
The US and China have finally reached some consensus on the future direction of their trade relationship amid a 16-month trade conflict th...
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EU Grants UK 3-Month Delay to Leave the Bloc
On Monday, the European Union agreed to grant the UK a three-month extension to withdraw from the bloc. Meanwhile, Prime Minister Boris Jo...
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Samsung and Pundi X began to collaborate in the development of cryptocurrency wallets for smartphones.
As Pundi X announced on her blog, companies have entered into a mutually beneficial relationship in developing technology for their wallets:...
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American online retailer Newegg begins accepting payments in BTC in 73 countries
Newegg, a large network of computers and consumer electronics, will accept Bitcoin for payment in 73 countries. Newegg Inc. is an online ret...
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Fundstrat analyst: Bakkt to launch Bitcoin futures this quarter
Sam Doctor, managing director of Fundstrat Global Advisors, said that the launch of Bitcoin futures with physical delivery on the Bakkt plat...
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Siemens is exploring the possibility of using blockchain in carsharing
German technology giant Siemens is considering the use of blockchain in the transport industry and mobile network. According to Forbes, the...
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Binance Exchange launched a margin trading platform for all users
The largest cryptocurrency exchange Binance announced the launch of the updated platform Binance 2.0, in which margin trading is available t...
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CFTC licensed cryptocurrency derivatives clearing to ErisX
The United States Commodity Futures Trading Commission (CFTC) licensed Bitcoin futures contracts to the supplier of cryptocurrency derivativ...
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Jesse Powell: “This time, Bitcoin could grow to $ 100,000 and even to $ 1 million”
Jesse Powell, general director of the Kraken cryptocurrency exchange, is extremely optimistic about the further increase in the price of Bit...
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Zcash promise to develop a new sharding protocol to solve scaling problems.
The Electric Coin Company (ECC), the developer of the anonymous cryptocurrency Zcash, is planning a network update to simplify the use of ZE...
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Launch of Ethereum 2.0 is scheduled for January 3, 2020 - the 11th anniversary of Bitcoin
The zero phase of Ethereum 2.0, which activates the transition to the Proof of Stake (PoS) consensus, should start on January 3, 2020. &nbs...
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Facebook to launch Libra blockchain test network already next week
Facebook will launch Libra’s own blockchain test network, on which GlobalCoin will build a stable coin cryptocurrency, next week. Acc...
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CBOE closes Bitcoin futures trading
On the Chicago Stock Exchange (CBOE), the last Bitcoin futures contract (XBT) expires on June 19, after which the cryptocurrency derivatives...
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