Global inflation tiger proves hard to catch as US prices rise at fastest rate in 30 years November 10, 2021 The global inflation tiger has been let out of the cage and is proving difficult to catch, scuppering bets from central bank wonks on price rises being temporary. Soaring energy prices, compounded by supply chains buckling under the weight of a resurgence in global demand as economies emerge from the pandemic has driven up prices [...]
The metaversal evolution will not be centralised November 10, 2021 The metaverse creates efficiencies, growth, and cost reductions orders of magnitude above and beyond that of physical space, explains Dr Kacher.
New data: Only 3 per cent of furloughed workers made redundant as scheme comes to an end November 4, 2021 Only 3 per cent of those workers still on furlough as the scheme came to an end were made permanently redundant, according to new official statistics. The furlough scheme came to an end at the start of October, with 16 per cent of businesses still actively using it. Two-thirds of those still on the scheme [...]
Bitcoin steadies after Fed announcement November 4, 2021 The price of Bitcoin is down around two per cent since yesterday morning, although it continues to hold above $61k.
US Fed becomes first major central bank to blink as it reins in Covid-19 stimulus November 3, 2021 The US Federal Reserve has become the first of the world’s major central banks to blink in the face of soaring inflation. The Fed today decided to rein in the wave of stimulus it unleashed in response to the Covid-19 crisis and slash the scale of its monthly QE programme by $15bn starting this month. [...]
Brace for rate hikes and tapering from BoE and Fed November 3, 2021 Just as the dust settled on Chancellor Rishi Sunak’s third budget, the City turned its attention to more set piece economic announcements. Today and tomorrow, the US Federal Reserve and the Bank of England will deliver two of the most hotly awaited interest rate decisions in years. The latter is expected to hike interest rates [...]
Bitcoin in celebratory mood as a big week ahead looms for financial markets November 1, 2021 Bitcoin itself is up two per cent over the last 24 hours to just above the £62k mark, while Ethereum is also up 1.5 per cent to just above $4,300.
David Haggerty interview: ITF president on revamping Billie Jean King Cup and Davis Cup Finals, anti-vaxxers, Osaka, domestic abuse and Raducanu November 1, 2021 Eighteen months later and in a different location than planned, the first Billie Jean King Cup Finals finally begins today. The tournament formerly known as the Fed Cup has been rebranded in tribute to the trailblazing former world No1 and reformatted to create a climactic week-long finale that mirrors the new-look Davis Cup, itself taking [...]
BBC gets borrowing boost to compete with Netflix and Amazon Prime October 28, 2021 The BBC has been given a £400m borrowing boost by the government as it tries to keep up with the streaming giants.
How Fiat will get Minimized or Replaced Leading to Evolutionized Forms of Government October 26, 2021 Modern society runs on databases that are run by TTPs (Trusted Third Parties). TTPs decide, in practice, your rights, from trivial to important such as whether your hotel airline reservation is cancelled, if you can only wire a limited amount to your crypto-exchange, that you are not allowed to use AirBNB and if you are [...]