NEW WAR? Venezuela announced mobilization and West Guyana annexation
The Venezuelan authorities have announced mobilization of troops in connection with the decision to annex West Guyana, El Pais reported. A statement to this effect was made by the country’s…
Visualizing $97 trillion of global debt in 2023
Global debt is projected to reach $97.1 trillion this year, a 40% increase from 2019. During the COVID-19 pandemic, governments introduced massive financial measures to support the labor market and…
Swiss city accepts Bitcoin and Tether for municipal taxes
The Swiss city of Lugano is expanding its local Bitcoin adoption by allowing citizens and businesses to pay for municipal services and taxes with cryptocurrency. The city of Lugano announced…
Qatar cuts Barclays holding, selling £510m worth of shares
Qatar’s sovereign wealth fund is cutting its stake in Barclays, a British bank that is under pressure from investors to overhaul its strategy and improve performance, the FT reported. Qatar…
Putin to visit UAE and Saudi Arabia on Wednesday
Russian President Vladimir Putin plans to visit the United Arab Emirates and Saudi Arabia on Wednesday, defying US and European attempts to isolate him and seeking to strengthen partnerships important…
Brazil’s top bank Itau Unibanco launches bitcoin trading
Brazilian lender Itau Unibanco launched a cryptocurrency trading service on Monday. Initially, the new service will allow trading of Bitcoin as well as Ether, but the lender intends to add…