Aug 23 2021 @ 02:55
In the gambling industry, there’s one important thing one should always keep in mind: The house always comes out the winner in the end because casinos are businesses. It is simply a matter of survival, if they don’t turn a profit then what is this all been about? The only problem is that when the […]
Aug 16 2021 @ 00:50
Since the Federal Reserve cut rates to zero and launched massive quantitative easing program markets did nothing but go up. Even now, in the midst of spiking Delta variant cases, the U.S. stock market continues to trade in record territory. What’s more, the vast majority of fund managers expect the rally to continue. For instance, […]
Aug 09 2021 @ 09:35
Despite growing concerns about the spread of the Delta variant of coronavirus, major global stock indices ended the week near all-time highs. Such a high level of optimism on behalf of investors could be attributed to an astonishing second-quarter earnings season and good macroeconomic data. In the latter case, it should be mentioned that in […]
Aug 02 2021 @ 08:38
Another round of volatility we have seen last week was mainly caused by a series of events, among which we highlight greater regulatory pressures from the Government and the Chinese regulator, the meeting of the US Federal Reserve and the publication of results of the tech giants. In the first case, China’s decision to reform […]
Jul 26 2021 @ 03:30
Even before the coronavirus pandemic, several credit rating agencies pointed out the severity of China’s corporate debt problem. In particular, at the end of 2019, Fitch noted that Chinese companies set a record for the number of yuan-denominated bond defaults. The share of issuers that announced their inability to pay off debts amounted to 4.9%, […]
Jul 19 2021 @ 02:39
As the global economy continues to recover from the catastrophic consequences of the coronavirus, the jewelry market sees a surge in demand all over the world. Thanks to a shortage of supply, travel restrictions, anti-smuggling, and anti-money laundering initiatives initiated by the Chinese government, in the first 6 months of 2021, diamond transactions on the […]
Jul 12 2021 @ 08:47
Without any doubt, an increase in cases of Delta strain of coronavirus has played an important role in investors’ sentiment. Despite the fact that it is very unlikely that we will see full lockdowns and stay-at-home orders, the market is clearly scared that a worsening of the epidemiological situation could negatively affect countries’ recovery. The […]
Jul 06 2021 @ 07:59
Last week, Walmart, the largest supermarket chain in the United States, announced its plans to launch a budget version of insulin. This way, the company is trying to provide the vitally important drug to the millions of Americans who do not have health insurance or cannot afford current prices. Over the last decade, the cost […]
Jun 29 2021 @ 03:38
What role does the tourism industry play in the eurozone economy? Over the past few decades, the role of the tourism sector in the economic development of Europe has grown several times. According to a UN study, in some countries, the share of this sector in GDP can be more than 20 percent, and in […]
Jun 21 2021 @ 02:24
One of the promises of the electoral campaign of the former US president was progress in the construction of the ‘wall’ with Mexico. With this, Donald Trump sought to solve the migration crisis that plagued the world’s largest economy. He even claimed that it would be his neighbor who would be responsible for paying the […]