Here is the performance (1-year % change) of the US Dollar (USD) mapped against currencies and countries around the world,
Following on from a 2015 announcement from the Commodity Futures Trading Commission (CFTC) that cryptocurrencies are a commodity (read here), a US judge has ruled that upheld that cryptocurrencies are commodities (read here). Continue reading “As US Judge rules cryptocurrencies are commodities, should we now call cryptocurrencies virtual commodities?”
Here are the base interest rates for Central Banks around the world (in increasing order),
The divergence of interest rates, bond yields, inflation, currency strength, budget deficit and total debt of countries around the world has never been bigger. We look at how the US, the UK, the Eurozone, Japan, Switzerland and India are doing in addressing paying off their debt. Continue reading “High (or hyper) inflation or long term zero (or negative) interest rates – how might the world pay its debt?”
This is how much train operators in the UK are subsidized, Continue reading “This is how much train operators in the UK are subsidized”
The Bank of England Governor Mark Carney delivered a speech titled “The Future of Money” at the University of Edinburgh on March 2, 2018. Goes without saying Cryptocurrencies came up. Continue reading “The Governor of the Bank of England is right on cryptocurrencies”
Unsurprisingly, following the Department of Commerce recommendations , US President Donald Trump announced tariffs on Steel and Aluminium imports. Continue reading “The economics behind the 25% tariff on Steel imports and 10% tariff on Aluminium imports to the US”
Jamie’s Italian and Barbecoa, Strada, Byron, Prezzo, Chimichanga, MEXIco, Cleaver, Square Pie, EAT – the growing list of chain restaurants in the UK which have either completely closed or are closing several restaurants.
The fashion store East, shoe chain Shoon, bed specialists Warren Evans and Feather & Black, toy store Toys R Us, electronic store Maplin have all gone into administration or liquidation. Meanwhile House of Fraser, Debenhams and New Look are all struggling, with all three considering large-scale closures of stores or space.
Even grocery retailers Tesco, Sainsburys and Morrisons have announced staff redundancies. So, what is happening? Continue reading “Retail and restaurant apocalypse in the UK?”
Sky (Sky Plc) announced today that it will make Netflix available through its latest Sky Q device/box. Why is this important? Continue reading “Will Rupert Murdoch buy Netflix with the sale proceeds of 21st Century Fox to Disney?”
Music streaming service Spotify has officially filed its paperwork to go public through a direct listing.
It plans to list on the New York Stock Exchange (NYSE) under ticker SPOT. Continue reading “Spotify to go public with a direct exchange listing”