Is Argentina on the brink of a major economic shift? A few weeks ago, a presidential primary was held in the South American giant. Javier Milei, the libertarian far-right candidate, had the upper hand. One of his most prominent promises throughout the campaign was to fight the raging inflation by dollarizing the local economy. But […]
You may have heard the recent news that Fitch, one of the major credit rating agencies, downgraded the USA’s credit rating from AAA to AA+. This news has already sent shockwaves throughout the world. But what does a lower credit rating mean? Is the panic justified? And if you invest in the US, should you […]
A few months have passed since Brazil’s recent tremendous political earthquake: The local public opinion turned sharply in a completely different direction, and Brazil’s former president Luiz Da Silva (Lula) rose to power once again. Was this shift good for the Brazilian economy? The results speak for themselves: A few weeks ago, the Brazilian Bureau […]
It’s hard to ignore the fact that nowadays, ‘classic’ fiat money is being consistently pushed aside by cryptocurrencies. This increasing dominance has led to the emergence of new types of business, like crypto CFD trading and crypto exchange. Actually, these days, exchange firms pop up like mushrooms after rain. Despite all this affluence, like in […]
It’s not a secret that the grain market is in distress these days. Ukraine, the ‘breadbasket of Europe’ is going through… some hard times, and does not produce grain as much as it used to. This causes prices to go wild all over the world. In addition, global warming also takes its toll on this […]
