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Tag: Economic Impact

US Government Scrutinizes Bitcoin Mining: Implications and Controversies

The U.S. government is turning its attention to Bitcoin mining, with the…

US Property Losses Lead to 20% Plunge in Japanese Bank Aozora’s Shares

Japanese lender Aozora Bank Ltd. stunned investors by revealing losses linked to…

Senator Warren Urges Fed’s Powell to Lower Rates to Tackle Housing Costs

Senator Elizabeth Warren and three Democratic colleagues have called on Federal Reserve…

Evergrande Faces Liquidation as China’s Property Crisis Persists

China Evergrande Group, once a symbol of China's property boom, now faces…

Israel Central Bank Governor Supports New Budget to Stabilize Debt Amid Wartime Costs

Israel's central bank governor, Amir Yaron, has expressed support for a newly…

The High Stakes of a Taiwan Crisis: Xi, Biden, and the $10 Trillion Cost of War

A potential war over Taiwan is looming with immense consequences, both in…

Yen Faces Significant Weekly Decline After Earthquake Alters BOJ Plans

The Japanese yen concluded its most challenging week against the US dollar…

Earthquake Poses Challenge for BOJ’s Negative Interest Rate Plans

The recent powerful earthquake in Japan on New Year's Day is creating…

Copper Reaches Highest Levels Since August Amid Fed Rate Cut Expectations and Supply Concerns

Copper futures surged to their highest levels since August, driven by the…

Rising Solvency Risks for Small US Banks Amid Commercial Property Downturn

A recent report commissioned for the National Bureau of Economic Research reveals…