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Currency War Erupts as US and China Bring Out the Big Guns

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What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people fear losing the value of their … Read more

Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices

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A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think the recent spike in crypto prices is due to … Read more

PR: Uruguayan President Meets With the Founder of SCRY

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Uruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. Miss Foo, founder and CEO of SCRY, has good business connections in the … Read more

Liquidity Difficulties in China: Second Bank Bail-Out Now Reality

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Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger a financial crisis that could grow into a new global meltdown. Chinese state-owned … Read more

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