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The highest price paid on a cryptocurrency exchange in Zimbabwe overnight was $ 13,499 — almost double prices in the US. The price action comes amid a military invention in the African country, which doesn’t have a currency of its own. Despite wild swings in prices on the local exchanges, peer-to-peer transactions appeared to be […]
Every new salvo of rhetoric from North Korea or the US is exacerbating tension, increasing the chances of instability during the games and it doesn’t help the athletes’ emotional and psychological state, says Ellis Cashmore, professor at Aston University. President Trump and Chinese leader Xi Jinping during their meeting in Beijing on Thursday agreed to […]
Markets don’t take well to uncertainty, so they don’t much like political instability. When U.S. trading closed on Wednesday, the Dow had dropped 373 points, after news reports alleged that the president had asked former FBI Director James Comey to end the investigation into ties between Russia and the Trump campaign and that in an […]
Beijing has reminded the US that it has “inherent” sovereignty over a group of uninhabited islands in the East China Sea after the new US defense secretary vowed to continue to protect the Senkaku/Diaoyu Islands on behalf of Japan. The islands, known as Senkaku in Japanese and Diaoyu in Chinese, were transferred by US under […]
