The American billionaire chief has slammed the rising reputation of cryptocurrencies, stressing that digital belongings solely facilitate criminality and are made out of ‘skinny air’ – not like, in fact, the ‘dependable’ US greenback. Learn Extra ...

The US Federal Reserve was created with the thought of finally being there for any occasion of monetary disaster within the banking system, says journalist and former banker at Lehman Brothers Nomi Prins. Learn Extra at ...

A examine has quantified the quantity of water flowing in main Texas rivers throughout heavy rains and located that there's sufficient room in coastal aquifers to retailer most of it. This discovery implies that capturing and storing water might be a possible choice for partially mitigating floods and droughts, that ...

European subsidiaries of Italy’s greatest financial institution UniCredit have pleaded responsible to US prices of violating sanctions towards Iran and different international locations. The lender has agreed to pay $ 1.three billion to settle the ...

The world’s greatest Islamic financial institution, which is about to specialize within the vitality sector, will seem in Qatar within the fourth quarter of the present 12 months, in line with executives launching the venture. Learn ...

The US goals to disconnect Iran from the SWIFT world fee community as a part of new financial sanctions towards the Islamic Republic in November. Disconnection from community would make it troublesome for Iran to receives ...

Nations world wide are turning to gold as uncertainty in regards to the world economic system rises. Commerce wars and the aggressive insurance policies of america are making rising economies withdraw from greenback belongings, analysts instructed ...

Australia’s shopper watchdog has introduced that monetary establishments ANZ, Deutsche Financial institution and Citigroup in addition to a number of people might be prosecuted for an alleged legal cartel association. Learn Extra at mysouth.su ...

Most likely essentially the most well-known European banking dynasty has introduced the appointment of a brand new chairman of its household funding financial institution, in line with a press release printed on Tuesday. Learn Extra at ...

Coinbase, one of many world’s largest exchanges for crypto-trading, has obtained a allow for providers from the UK regulator and obtained a checking account at one of many greatest European lenders, Barclays. Learn Extra at mysouth.su ...