Germany sees Russia as stable energy partner as US demands Europe dump Nord Stream 2 pipeline

Europe should stop backing a Russia-led project to deliver natural gas to the continent, according to US Assistant Secretary of State for European and Eurasian Affairs Wess Mitchell. However, not all the European nations agree. Earlier this week, Mitchell urged the European countries not to “deepen the energy dependence” on Russia, saying that supporting projects […]

Chinese ‘aggressive industry’ threatens US military complex, ‘stable budget’ needed – Pentagon

A new Pentagon report calls China the main threat to the US military-industrial complex, sounding alarm over the decline of some “critical defense functions,” due to Beijing’s actions, workforce shortages and “unstable” funding. “While multiple countries pursue policies to bolster their economies at the expense of America’s manufacturing sector, none has targeted our industrial base […]

Basis—the “stable” cryptocurrency with $133 million invested—explained

Enlarge / A bollard. (credit: praveenkay / Flickr) Last week, we learned that an impressive slate of Silicon Valley investors was pouring $ 133 million into Basis, a company that aims to create a cryptocurrency with a stable value against the dollar. It’s easy to see why investors would be excited about a project like this. If […]

Pound to euro exchange rate: GBP holds over Easter – Will April prove a more stable month?

The pound to euro is currently trading at £1.1423 after holding onto its rate of above 1.140 across the weekend. Last week saw a slight dip in the pound although it managed to remain somewhat steady after a continued lull. After a rocky few weeks for the pound amidst the uncertainty surrounding the UK government, […]

Saga lands $30 million to create a new breed of stable cryptocurrency

The creation of a stable cryptocurrency is a challenge many blockchain startups are rising to, using various methodologies. The latest entrant is Saga, which just landed $ 30 million to fund the creation of a new, stable cryptocurrency — with a few tricks up its sleeve. The first thing that sets Saga apart from the crypto […]

The next generation of cryptocurrencies will be smarter and more stable

GUEST: Like any new market, the birth of the ICO market has brought with it an enormous amount of noise, messiness, and raw speculation. Armed with little more than a hunch, early investors seem to be all in, even with the most preposterous valuations. From the outside, such investments look reckless, “irrational”, even fraudulent. They […]

The NBA’s most stable franchise is suddenly in uncharted territory

The San Antonio Spurs are in 10th place and in danger of missing the playoffs for the first time since 1997. The Spurs have been hit by injuries this season, namely to star forward Kawhi Leonard, who has played just nine games this season. The Spurs have an uphill battle ahead, with 12 of their […]

Ubisoft’s acquisition of Brawlhalla studio Blue Mammoth Games boosts its online stable

Ubisoft acquired Atlanta-based developer Blue Mammoth Studio yesterday, adding more multiplayer online expertise to its portfolio. As part of the deal, it also now owns Blue Mammoth’s online Super Smash Bros.-esque game Brawlhalla. “The team at Blue Mammoth Games is expert at developing and running scalable, competitive, multiplayer online games, and they’ll be a great addition […]

OPEC mulls a long-term alliance with Russia to keep oil prices stable

OIL bears beware. On February 20th Suhail al-Mazrouei, OPEC’s rotating president and energy minister of the United Arab Emirates, said the 14-member producers’ group is working on a plan for a formal alliance with ten other petrostates, including Russia, aimed at propping up oil prices for the foreseeable future. If it comes to anything, it […]

OPEC mulls a long-term alliance with Russia to keep oil prices stable

OIL bears beware. On February 20thSuhail al-Mazrouei, OPEC’s rotating president and energy minister of the United Arab Emirates, said the 14-member producers’ group is working on a plan for a formal alliance with ten other petrostates, including Russia, aimed at propping up oil prices for the foreseeable future. If it comes to anything, it could […]