Economics news articles
Crypto Markets Tumble Amid Worst Stock Market Sell-Off Since March 2020
Despite a short-lived rally mid-week, crypto markets have tumbled over the past few days as they follow the lead of the US stock market, whi...
Australian Consumer Price Inflation Records Largest Annual Increase Since 2000
Australia has this week recorded its largest quarterly and annual inflation increase since 2000. The ABS has released data stating the consu...
RMIT Proposes ‘Docklands DAO’ to Help Melbourne Precinct Recover From Pandemic
A report released by the Royal Melbourne Institute of Technology’s Blockchain Innovation Hub has proposed the creation of a decentralised ...
El Salvador’s Bitcoin-Backed Bonds Set to Roll Out Despite Geopolitical Turmoil
Late last year, El Salvador announced plans to raise US$1 billion using bitcoin-backed bonds. Half of the proceeds would go towards building...
US Inflation Hits Four Decade High of 7.9%
US inflation has hit a new 40-year high of 7.9 percent, driven by a surge in gas, food and housing costs, all of which are expected to incre...
Global Bank ‘Credit Suisse’ Says We’re Witnessing ‘A New Monetary World Order’
Zurich-based financial services giant Credit Suisse has released a report entitled “Bretton Woods III” in which its strategist a...
Can Bitcoin Protect You Against Rising Inflation?
Market volatility and geopolitical tensions remain high amid an ongoing Russian currency crisis, and the United States’ highest CPI pr...
Bitcoin Finds Support at $42,000 Amid Highest US Inflation in 40 Years
Since abandoning the narrative that inflation was transitory, the US Federal Reserve has tacitly admitted that inflation is here to stay. Th...
Report Finds Australia’s Crypto Economy Could Grow to $68 Billion by 2030
An analysis by global consulting firm EY (formerly Ernst & Young), commissioned by digital asset management company Mawson, has found th...
Thailand Wants to Attract Crypto Millionaires to Revive Tourism
The Tourism Authority of Thailand (TAT) is looking into ways of boosting the country’s post-pandemic economy. Enter cryptos. The South-Eas...
CREAM DeFi Token Falls 43% Amid News Hack Compensation Will Increase Supply
When Decentralised Finance (DeFi) lending protocol Cream Finance suffered a devastating US$130 million attack two weeks ago, the team decide...
‘Rich Dad’ Author Robert Kiyosaki Warns of Global Financial Crash Looming
Author Robert Kiyosaki has been outspoken on Twitter, expressing his take on the current economic situation, America’s leadership, and a f...