The macro environment is important for bitcoin investors to understand now.
Wall Street is here, so you have to pay attention to what they are thinking and doing.
Will Donald Trump’s plans of making the US the “crypto capital of the world” be realised, or will the volatile currency leave some Americans with empty pockets? Money Works looks at who gets rich and why many investors get burned.
This is how Pakistan is run.
Based on the announced Federal Budget 2024-25.
Imagine this was the budget of your household. What might you change? Where would your priority for reform lie?
It's not rocket science. It's not even economics!
However, international organizations are now looking to raise taxes on multinational businesses.
This is a complex issue with no easy answers. Does tax competition really drive down tax revenue? Are international tax agreements good for the global economy?
Tax competition and globalization:
Countries that lower their corporate tax rates are able to attract more investment, which leads to higher tax revenue overall.
https://t.co/4eBz2IpTla
Expect the Bank of England to use Thursday's decision to reiterate that rates need to stay restrictive for a while. @SmithEconomics expects the first cut to come in August.
https://t.co/MuJwuycgWH
A severe drought at the Panama Canal has forced authorities to impose restrictions that have substantially reduced daily ship crossings since last October, slowing down maritime trade through another key chokepoint that usually accounts for about 5% of global maritime trade.
In the first two months of 2024, Suez Canal trade dropped by 50% from a year earlier while trade through the Panama Canal fell by 32%, disrupting supply chains and distorting key macroeconomic indicators across the globe.
https://t.co/WlDRDtgDIc
The key to effective Fintech is not merely #innovation but adaptation, collaboration, and a deep respect for the time-honoured structures within which finance operates.
Jan'24 World #Economic Outlook Update from the International Monetary Fund (#IMF) describes the global economy as “surprisingly resilient” in a modest upgrade to its October #projections: #GDP#growth is now projected at 3.1% in 2024 and 3.2% in 2025.
https://t.co/2A0Gz4x2m8
5/5 This could be politically favorable for the crypto industry, but imagine the associated risks that will attach to this relatively young asset class.
1/5 In context of tomorrow's #SEC review deadline on #BitCoin#ETF applications:
#Crypto currencies whether a 'commodity' or a 'security' .. still some clarity is required on this young asset class.
https://t.co/TfGRaVB0Mp
4/5 If this ETF plug-and-play model comes to pass, where any financial institution can add bitcoin to any number of financial products, it could mean millions of people could one day have exposure to bitcoin.