Financial Insights That Matter Not doing so, he warned, could put Germany in “danger” of falling behind international competition. Germany being in a recession also spells trouble for the eurozone and wider European Union, which are hugely dependent on the humming engine of the country’s vast industries. Lindner and his FDP argue Germany has no […]
Gas prices keep falling as ‘Canadians remain reliant on their vehicles’ #CanadaFinance
Financial Insights That Matter According to data from Kalibrate, gas prices fell an average of five cents to $1.711 per litre in cities nationwide. (Photo by Sandy Huffaker/Corbis via Getty Images) · Sandy Huffaker via Getty Images Gas prices continued to track lower over the past seven days. Meanwhile, a leading Canadian market expert says […]
Italy and African Development Bank sign $420 million co-financing deal #ItalyFinance
Financial Insights That Matter RABAT (Reuters) – Italian state lender CDP and the African Development Bank (AfDB) signed on Thursday a co-financing deal worth 400 million euros ($420 million) to promote climate finance, sustainable farming, education and technical assistance, AfDB’s vice president for finance Hassatou Diop N’Sele said. The deal, signed during the AfDB’s Africa […]
El Salvador Has Thousands More Bitcoins Than Previously Known #CriptoNews
Financial Insights That Matter El Salvador moved more than 5,000 BTC into a cold wallet this week. The disclosure by President Nayib Bukele nearly doubles the country’s known stash of the digital asset. Bitcoin-forward Central American nation El Salvador this week moved $400 million worth of bitcoin {{BTC}} – “a big chunk” – into a […]
Hawk Tuah Coin Scam: Hawk Tuah girl’s attorney says she didn’t intend to fleece fans after crypto crash #CriptoNews
Financial Insights That Matter Hawk Tuah Girl Haliey Welch accused of scamming her fans after her memecoin crashed. Hawk Tuah girl Hailey Welch is facing a massive backlash as investors are taking legal action against her after his $Hawk memecoin crashed just after the launch wiping off nearly half of billion dollars of investor money. […]
Canadians pile into ETFs in April, with U.S. equity funds dominating #CanadaFinance
Financial Insights That Matter Mirroring North American market performance in April, net assets in ETFs and mutual funds declined. (THE CANADIAN PRESS/Andrew Lahodynskyj) · The Canadian Press Canadians put $5.462 billion into exchange-traded funds (ETFs) in April, the second-largest monthly inflow in the last year, with more than half of those investments going to U.S. […]
Bitcoin to rally to $150,000 this year #CriptoNews
Financial Insights That Matter The excitement around the arrival of bitcoin exchange-traded funds and the subsequent surge to new highs for the cryptocurrency is making even bitcoin bulls raise their expectations. Standard Chartered’s head of digital assets research, Geoff Kendrick, said in a note to clients Monday that he is raising his already-high estimates for […]
What Trump’s New AI and Crypto Czar Means For Tech Industry #CriptoNews
Financial Insights That Matter For much of 2024, one of President-elect Donald Trump’s staunchest allies in Silicon Valley was David Sacks, an entrepreneur, venture capitalist, and co-host of the popular podcast All-In. On his podcast and social media, Sacks argued that Trump’s pro-industry stances would unleash innovation and spur growth in the tech industry. In […]
Germany Enters Recession: Europe’s Largest Economy Is Breaking Down #NewsGerman
Financial Insights That Matter Germany has been Europe’s economic engine for decades, pulling the region through one crisis after another. But that resilience is breaking down, and it spells danger for the whole continent. Decades of flawed energy policy, the demise of combustion-engine cars and a sluggish transition to new technologies are converging to pose […]
When interest rates drop, many Canadians are ready to spend big … eventually: Survey #CanadaFinance
Financial Insights That Matter The survey shows that most of those planning a big purchase are waiting for “multiple and/or significant cuts to take place before jumping in,” said Martha Vallance, Dye & Durham’s chief operating officer. (Creative Touch Imaging Ltd./NurPhoto via Getty Images) · NurPhoto via Getty Images Many Canadians plan to drop serious […]