Zambia’s official creditors led by China have agreed to provide debt relief to the southern African nation, paving the way for an IMF bailout and setting a precedent for how Beijing could work with other lenders to tackle the threat of a wave of defaults across emerging markets. A committee of creditors co-chaired by China
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Gone are the days when buying company shares required a ton of paperwork. In this video, we’ll show you how to buy stocks effortlessly, how deals are executed on the exchange, and how to calculate your budget. Test and practice your investment strategies in real market conditions with virtual money. Learn to trade and invest
The chief executive of KPMG’s business in the United Arab Emirates has held face-to-face meetings with key clients in an attempt to shore up confidence in the firm following weeks of unrest relating to his leadership and complaints about governance. Nader Haffar, head of KPMG Lower Gulf since 2018, and other senior leaders at the
Europe’s lenders have endured a painful decade waiting for interest rates to rise. But just as central banks finally start to move, the long-awaited earnings windfall is being threatened by looming recession and fears that cash-strapped governments might hit lenders with new taxes. Last week, the European Central Bank raised interest rates for the first
Bitcoin (BTC) is enjoying what some are calling a “bear market rally” and has gained 20% in July, but price action is still confusing analysts. As the July monthly close approaches, the Puell Multiple has left its bottom zone, leading to hopes that the worst of the losses may be in the past. Puell Multiple
Filecoin was one of Saturday’s biggest gainers, as prices rose by as much 24% to start the weekend. The move saw the token reach its highest point since early June, and comes despite cryptos being mostly in the red in today’s session. DOT was also higher, as it too hit a multi-week high. Filecoin (FIL)
On July 29, the pop-culture consumer products firm, Funko, announced that the company has partnered with the multinational mass media and entertainment corporation Paramount Global. The two corporations plan to introduce a series of non-fungible tokens (NFTs) based on the Avatar Legends universe. The latest Avatar Legends Digital Pop release from Funko will drop on
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After strong gains on Friday, bitcoin (BTC)
Calling all enthusiasts of European and modern design: this extensively remodeled, transitional home in Portland, Oregon, features a combination of contemporary flair, traditional elements and exquisite details. Built in 1982, the 7,700-square-foot home also benefits from its location in the Dunthorpe suburb, one of the most sought-after neighborhoods in the area. Throughout the years, the
Bitcoin (BTC) dropped volatility on the last weekend of July as the monthly close drew near. 200-week moving average in focus for July close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retaining $24,000 as resistance into July 30. The pair had benefitted from macro tailwinds across risk assets in the second half of
Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning crypto ecosystem.” Crypto as a
Uniswap (UNI) looks ready to post its best monthly performance in more than a year as it rallied approximately 80% in July, but signs of an extended pullback in the near term are emerging. Uniswap price nearly doubles in July UNI’s price is having one of its best months ever, reaching nearly $9 on July
The boss of the UK’s accounting regulator has backed EY’s plan to split its audit and consulting businesses, saying the break-up would bring “distinct benefits”. Sir Jon Thompson, chief executive of the Financial Reporting Council, told the Financial Times he supported the idea of a split that would build on his watchdog’s agreement with the
The Hong Kong University of Science and Technology has announced plans to build an online-based metaverse campus called Metahkust. The institution will take its first step toward this goal by building a mixed virtual reality classroom that will allow students from other latitudes to attend classes like they were in the same space. The virtual
press release PRESS RELEASE. The Futurization of Urban Lifestyle Summit was held in Dubai at the Jumeirah Emirates Towers on July 29, 2022. MaskEX Global — A well-known worldwide exchange, was the event’s organizer and sponsor. Throughout this seminar, MaskEX engaged with like-minded people in an open and constructive dialogue about blockchain and flat digital
We reached Javier Sempere in Alicante, Spain during the peak of his country’s preeminent festival–the Bonfires of Saint John. Held during midsummer, Alicante’s raucous lineup of parties, rituals and street dancing is the largest such bonfire bash in Spain. “The whole city is on fire tonight,” says Sempere from his recently renovated three-story home with
The Nigerian central bank has accused currency speculators of being behind the local currency’s recent plunge to a new all-time low of N710 against the greenback. The leader of a Nigerian association of bureau de change operators insisted crypto trading may be to blame for the naira’s recent plunge in value. Nigerians Converting to USD
Crypto exchange Binance will be offering NFT tickets for the games of one of Italy’s leading soccer teams, Lazio, during the upcoming season in the Italian Serie A championship. Supporters of Lazio will be able to use the tokens to also take advantage of various discounts. Lazio Fans to Buy NFT Tickets From Cryptocurrency Exchange
Argentina’s economic restrictions have reached the sports industry, with the first signing of a local football player with cryptocurrencies hitting national headlines. The transfer of midfielder Giuliano Galoppo from Banfield’s Athletic Club to Sao Paulo Futebol Clube was made in USD Coin (USDC), exceeding $6 million and up to $8 million depending on the volatile