As a more direct way to sanction Russia, European Union leaders are looking at boycotting Russian crude oil and gas supplies.
The US stock indices registered strong gains last week with the Nasdaq gaining the most as tech and growth stocks seeing a strong bounceback. The market seems to have already priced the Fed hikes beforehand.
With the purchase, Amazon will have access to the unique potentials of the movie studio, which is known for producing blockbusters.
Bitcoin seems to have already factored in the Fed rate hike which had little effect on its price post Wednesday’s announcement. Bitcoin bulls and bears are in for a thought fight ahead of Friday’s options expiry.
The President of Ukraine signed a law officially recognizing crypto, as part of financial efforts to withstand the assault from Russian forces.
Stocks in China and Hong Kong hit a positive bounce after the Chinese State Council pledged its support for the broad equity market.
The funding package will specifically go into funding defense equipment as well as in the training of the armed forces of Ukraine.
As the global health crisis persists, vaccine makers are looking forward to huge revenues this year.
Further negotiations on the EU crypto bill will soon commence after the bill scaled a voting session regarding the proof-of-work method.
Several cities in China are halting production on non-essential services and conducting mass testing to contain an emerging Covid spike.
The plunge in the market is a normal reaction from investors who seek out safety amidst the uncertainty.
The crypto market gives a thumbs up to Biden’s crypto executive order which sets to bring clear regulations in place. This is likely to boost institutional participation in the crypto space.
The Apple iPhone SE 3 is more or less a budget high-performance phone that will cost about $429. It is projected to be the next phone in the iPhone 13 series as it has the A15 Bionic chips that typically characterize the iPhone 13 lineup.
The US government has announced that it will no longer accept Russian oil or energy imports and wants Western allies to follow suit.
Russia remains the major supplier of oil and gas to Europe, and while many EU leaders have imposed sanctions on Russia, there is no guarantee that many will want to boycott the Russian crude oil products.