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3232US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’
https://www.digit.info/us-markets-tumble-as-real-estate-weakens-putin-suspends-nuclear-treaty-morgan-stanley-warns-of-stock-market-death-zone/
Wed, 22 Feb 2023 02:49:55 +0000https://www.digit.info/2023/02/22/us-markets-tumble-as-real-estate-weakens-putin-suspends-nuclear-treaty-morgan-stanley-warns-of-stock-market-death-zone/Read more]]>On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market is in a “death zone” […]
]]>Germany’s 2022 Inflation Rate the Worst in More Than 30 Years
https://www.digit.info/germanys-2022-inflation-rate-the-worst-in-more-than-30-years/
Thu, 05 Jan 2023 10:30:21 +0000https://www.digit.info/2023/01/05/germanys-2022-inflation-rate-the-worst-in-more-than-30-years/Read more]]>In a year that was characterized by surging energy and food prices, Germany’s average inflation rate in 2022 rose to 7.9% up from the 3.1% seen in 2021. Russia’s invasion of Ukraine, as well as the supply bottlenecks resulting from the war, are said to be among the factors that helped to drive up prices. […]
]]>Salvadoran President Nayib Bukele Takes Aim at Bitcoin Detractors, Says the Ones Who Are Afraid ‘Are the World’s Powerful Elites’
https://www.digit.info/salvadoran-president-nayib-bukele-takes-aim-at-bitcoin-detractors-says-the-ones-who-are-afraid-are-the-worlds-powerful-elites/
Sun, 09 Oct 2022 06:00:59 +0000https://www.digit.info/2022/10/09/salvadoran-president-nayib-bukele-takes-aim-at-bitcoin-detractors-says-the-ones-who-are-afraid-are-the-worlds-powerful-elites/Read more]]>It’s been over a year since El Salvador codified bitcoin as legal tender in the Latin American country, and by popping the ‘orange pill,’ the country was propelled into the international spotlight. At the end of September, the 41-year-old Salvadoran president Nayib Bukele penned an opinion editorial that takes aim at the detractors who think […]
]]>Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed
https://www.digit.info/bitcoin-embracing-el-salvador-presidents-re-election-declaration-slammed/
Tue, 20 Sep 2022 10:00:39 +0000https://www.digit.info/2022/09/20/bitcoin-embracing-el-salvador-presidents-re-election-declaration-slammed/Read more]]>Just over a year after overseeing El Salvador’s adoption of bitcoin, the Central American country’s 41-year-old president, Nayib Bukele, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele that El Salvador’s constitution prohibits presidents from serving consecutive terms. Re-Election of Presidents a […]
]]>Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’
https://www.digit.info/latest-ghana-benchmark-rate-hike-the-largest-on-record-president-promises-action-against-unacceptable-depreciation-of-the-cedi/
Tue, 23 Aug 2022 09:30:46 +0000https://www.digit.info/2022/08/23/latest-ghana-benchmark-rate-hike-the-largest-on-record-president-promises-action-against-unacceptable-depreciation-of-the-cedi/Read more]]>After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said President Nana Akufo-Addo must trim the size of […]
]]>Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia
https://www.digit.info/russian-bitcoin-mining-assessed-amid-conflict-with-ukraine-large-eth-pool-cancels-service-to-russia/
Fri, 25 Feb 2022 17:30:41 +0000https://www.digit.info/2022/02/25/russian-bitcoin-mining-assessed-amid-conflict-with-ukraine-large-eth-pool-cancels-service-to-russia/Read more]]>With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the ethereum mining operation Flexpool announced it has halted services to Russia entirely. “We apologize to our Russian miners; […]