Bitcoin community abuzz as 14-year-dormant wallets move $2 billion
The bitcoin world lit up on Friday after two wallets holding a combined 20,000 BTC — untouched since 2011 — suddenly came to life, sparking speculation, awe, and some market…
Economy
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Black Sabbath’s farewell show to deliver £20M economic boost to Birmingham
Birmingham’s iconic heavy metal band Black Sabbath is taking center stage for one last time, and it is set to make a splash in the city. The group’s farewell performance,…
UK government faces market jitters and political rebellion amid fiscal tensions
UK Prime Minister Keir Starmer is navigating a growing rift between financial market demands and political pressures within his own Labour Party, following a turbulent week that rattled investors and…
Unpacking the ‘Big, Beautiful Bill’: the winners, the losers and the aftermath
President Donald Trump has hailed it as one of the most successful pieces of legislation in American history, a ‘big, beautiful bill’ designed to reshape the nation’s economic landscape. But…
SovEcon sees weaker early grain yields in southern Russia, but Stavropol offers hope
Harvesting of early grains has commenced across the southern regions of Russia, as reported by SovEcon in its latest weekly agricultural assessment. This marks the beginning of the crucial harvest season,…
Why Thailand’s economic recovery may not be straightforward
Thailand faces an uncertain future after its Constitutional Court suspended Prime Minister Paetongtarn Shinawatra on Tuesday, CNBC said in a report.The suspension followed a petition from 36 senators who accused…
Mexican Peso rally faces reversal as US tariff freeze nears expiry
The Mexican peso, one of the top-performing emerging market currencies this year, is expected to lose ground in the coming months as a temporary pause on US tariffs expires next…
Trump says US has reached trade deal with Vietnam, imposing 20% tariff on imports
President Donald Trump on Wednesday announced that the United States has reached a new trade agreement with Vietnam that includes a 20% tariff on all imports from the Southeast Asian…
Armani Group reports sales decline hit by luxury industry slowdown
Italian fashion house Armani Group recently reported a 5% decrease in sales for the past year, attributing the downturn to broader macroeconomic uncertainty and a deceleration in demand from the…
Why gold above $3,000 is the new normal
Despite gold prices consolidating above $3,300, new bullish momentum is proving elusive as investors adjust to these elevated levels. Nevertheless, one fund manager asserts that the current valuation is entirely warranted.Gold…