Crypto markets respond to latest US inflation numbers March 8, 2023 The price of Bitcoin was falling from $22,012 this morning, while Ethereum is valued at $1,554 as crypto markets respond to interest rate news.
FTSE 100 close: Powell interest rate warning drags London index into the red March 7, 2023 London’s FTSE 100 was muted today as investors sweat over whether Fed chair Jerome Powell’s warning that US interest rates will stay higher for longer means other central banks will follow suit. The capital’s premier index closed 0.13 per cent lower at 7,919.49 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned [...]
Federal Reserve chair Powell warns of ‘higher than expected’ rate peak and steep hikes to stun inflation March 7, 2023 The US Federal Reserve is prepared to heap more pressure on the world’s largest economy by returning to steep interest rate hikes to contain inflation, its chief warned today. Jerome Powell, chair of the Fed, said the world’s most influential central bank is “prepared to accelerate rate hikes” if the pace of price increases in [...]
Sleepy crypto markets as Fed Chair heads to Congress March 7, 2023 Bitcoin is trading for $22,422 this morning, up by a barely noticeable 0.13% as markets continue to move sideways.
Stick or twist: Silver investors await speech from Fed chief before making moves March 6, 2023 Silver investors are seemingly waiting for Federal Reserve chairman Jerome Powell testimony to Congress later this week.
A decentralised world brings economic efficiency, economic proficiency, stability, and peace of mind – Part 1 March 6, 2023 In a two-part series, Dr Chris Kacher examines and explains how a decentralised world could work - part one is about the metaverse.
Food shortage: Tesco, Sainsbury’s, Asda, Lidl and Morrisons warn salad will not be on the menu for ‘a few weeks’ March 1, 2023 Brits are being advised to avoid salads for the next “few weeks” as supermarkets have kept restrictions in place on tomatoes, peppers, cucumbers and lettuce. Reports of adverse weather conditions in the Mediterranean has forced Tesco, Sainsbury’s, Asda, Morrisons and Lidl into restricting the sale of produce. This comes after social media users took to [...]
Explainer: Michael Gove’s plan for a new Conservative party February 28, 2023 If there’s one person who knows a thing or two about the Conservative party, that’s Michael Gove. Having covered senior positions in several different departments, and developed long-lasting policy in areas from farming to housing, he was well positioned to outline a vision for the “renewal” of his party earlier today at the centre-right think [...]
Price of Bitcoin flatlines as crypto markets await next call on interest rates February 28, 2023 Bitcoin and Ethereum are trading flat, with the number one and two by market cap both marginally in the red this morning.
Trekking for snow leopards – and the Yeti – in Ladakh, India February 27, 2023 We’re high up in trans-Himalayan Ladakh in India – dizzyingly high – and oxygen is hard to come by here. To reach the tiny village of Ulley, where we’re holed up in a local homestay, we’ve already passed through thundering mountain ranges, following lines of army trucks coiled like sunbaking snakes. We’ve motored up the [...]