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Blockchain

US Government Scrutinizes Bitcoin Mining: Implications and Controversies

The U.S. government is turning its attention to Bitcoin mining, with the Department of Energy (DOE) initiating a closer examination. This development has sparked...
Real Estate

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 US commercial property, triggering a steep decline in its shares and raising...
Real Estate

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 Chair Jerome Powell to consider cutting interest rates to address the ongoing...
Real Estate

Evergrande Faces Liquidation as China’s Property Crisis Persists

China Evergrande Group, once a symbol of China's property boom, now faces liquidation following a court order from Hong Kong, marking a significant development...
Lending

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 approved budget, emphasizing its importance in stabilizing the country's debt amid the...
News

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 terms of human lives and economic impact, according to estimates from Bloomberg...
Banking Trends

Yen Faces Significant Weekly Decline After Earthquake Alters BOJ Plans

The Japanese yen concluded its most challenging week against the US dollar in 16 months, impacted by the economic repercussions of a powerful earthquake...
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