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Can A.I. Be Pro-Worker?
newyorker114d ago

Can A.I. Be Pro-Worker?

As fears of mass unemployment grow, three leading economists advocate some policies to shift the focus from job displacement to job enhancement.

#ECONOMY
Rupee crashes 42 paise to settle at 91.50 against US dollar
deccanherald114d ago

Rupee crashes 42 paise to settle at 91.50 against US dollar

Dollar index: Rupee sinks 42 paise to 91.50 against the US dollar as Iran strikes trigger risk aversion, FII outflows and a surge in Brent crude. Sensex and Nifty tumble, while RBI intervention caps further losses in the forex market.

#FOREX
Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link
scmp114d ago

Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link

Hong Kong and Shanghai have signed an accord deepening their collaboration in promoting digitised cargo trade finance and strengthening mainland China’s connection to the global data ecosystem.The Hong Kong Monetary Authority (HKMA) on Monday signed a memorandum of understanding (MOU) with the Shanghai Data Bureau and the National Technology Innovation Centre for Blockchain, according to a statement from Hong Kong’s de facto central bank.“This marks an important milestone in the collaboration...

#CRYPTO
Safe Haven Currencies: Why the CHF and JPY Offer Unwavering Crisis Appeal – RaboResearch
bitcoinworld114d ago

Safe Haven Currencies: Why the CHF and JPY Offer Unwavering Crisis Appeal – RaboResearch

BitcoinWorldSafe Haven Currencies: Why the CHF and JPY Offer Unwavering Crisis Appeal – RaboResearchIn an era of persistent geopolitical tension and economic uncertainty, investors globally continue to seek financial shelters. According to a comprehensive analysis by RaboResearch, the Swiss Franc (CHF) and the Japanese Yen (JPY) retain their formidable status as premier safe haven currencies. This enduring appeal, rooted in decades of empirical evidence and structural economic factors, [...]This post Safe Haven Currencies: Why the CHF and JPY Offer Unwavering Crisis Appeal – RaboResearch first appeared on BitcoinWorld.

#CRYPTO
Fragmented Liquidity, Unified Power: How Infrastructure Defines Crypto Market Control
mpost114d ago

Fragmented Liquidity, Unified Power: How Infrastructure Defines Crypto Market Control

The current state of crypto liquidity distribution is that there are dozens of centralized and decentralized exchanges that spread the cryptocurrency liquidity, but the control over this market is even more concentrated than it may seem. The post Fragmented Liquidity, Unified Power: How Infrastructure Defines Crypto Market Control appeared first on Metaverse Post.

#CRYPTO
EUR/USD Stumbles: Currency Pair Holds Critical Losses Near 1.1750 After Shocking German Retail Sales Plunge
bitcoinworld114d ago

EUR/USD Stumbles: Currency Pair Holds Critical Losses Near 1.1750 After Shocking German Retail Sales Plunge

BitcoinWorldEUR/USD Stumbles: Currency Pair Holds Critical Losses Near 1.1750 After Shocking German Retail Sales PlungeFRANKFURT, Germany – February 28, 2025: The EUR/USD currency pair is consolidating its recent losses, trading precariously near the 1.1750 support level in European hours. This pivotal movement follows the release of official data from Germany’s Federal Statistical Office, Destatis, which revealed an unexpected contraction in the nation’s retail sector for January. Consequently, traders are [...]This post EUR/USD Stumbles: Currency Pair Holds Critical Losses Near 1.1750 After Shocking German Retail Sales Plunge first appeared on BitcoinWorld.

#FOREX
U.S. Dollar Rises On Escalating Geopolitical Tensions
rttnews114d ago

U.S. Dollar Rises On Escalating Geopolitical Tensions

The U.S. dollar strengthened against other major currencies in the European session on Monday, as investors closely monitored escalating West Asian tensions.The conflict in the region escalated further today after Israel launched airstrikes on Hezbollah targets in Beirut and other parts of Lebanon following projectile fire from Lebanese territory into northern Israel.

#FOREX