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 […]
Tag: business
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 […]
Nowadays, Finland is facing multiple crossroads. Witnessing the implications of the Russian invasion of Ukraine, the Scandinavian country decided to end its decades-long neutrality and join NATO, fearing the possibility of Putin invading its territories as well. As tensions between the West and Russia deepen, it becomes more and more clear that the cold war […]