Tag Archives: financial

“There is clearly a deliberate calculation to create a toxic atmosphere around Russian securities in order to reduce their investment potential,” Deputy Foreign Minister Alexander Pankin told RIA Novosti on Monday. “These possible new restrictions on government bonds are a double-edged sword, and they would clearly harm America’s financial institutions,” …

Federal records, dug up by the media in light of the continuing massacre of hedge funds by retail investors using trading apps like Robinhood and Webull, has showed that Robinhood CEO Vlad Tenev and the app co-founder Baiju Bhatt contributed $2,800 each to the campaigns of Maxine Waters (D-CA), Chairwoman …

American video game retailer GameStop has made a splash in the news this week after a showdown took place between hedge funds attempting to short sell the company’s stocks and Redditors attempting to fight back. After a hard-fought battle, the folks over at r/WallStreetBets scored a victory when a heavily …

Sean Hyman of the Logical Investor offers his insight on how the markets are faring amid hopes of the major stimulus. “I think we are in the perfect storm in the favor of gold and precious metals. In fact, I’m even more bullish on silver and platinum than even gold,” …

In an interview with the Financial Times, he said 2020 was a “defining year” for the Chinese financial markets. The Covid crisis had highlighted the country’s economic outperformance, and spurred a trillion yuan ($155 billion) of investment inflows. Although China’s financial system remains less developed than its Western peers’, it “will eventually …

Tesla CEO and SpaceX founder Elon Musk recently overtook Amazon’s Jeff Bezos as the world’s richest person, a feat that happened largely in the span of less than a year. However, Musk, the eccentric billionaire with a wannabe Tony Stark image, is highly misunderstood – just like the circumstances of …

“I’ve been wearing brooches for a long time, but this year, I was using them to try to signal our understanding of the current situation,” the head of the regulator said in an interview with RTVi, a New York-based privately run TV network broadcasting in Russian. READ MORE:Russia to slash …

The outlet asked financial advisers, landlords, and other well-heeled professionals how ordinary Americans should use the $600 stimulus payments Congress agreed on Sunday that will go out to all Americans making less than $70,000 per year and the $300 weekly unemployment boost. Their answers, delivered in a Tuesday article, were …

According to a report by the bank’s Financial Policy Committee (FPC), most risks to financial stability have been mitigated. It said, however, that “Financial stability is not the same as market stability or the avoidance of any disruption to users of financial services. Some market volatility and disruption to financial …

After their attack on freedom of the press by blockading national newspaper printworks backfired, having been condemned from all sides, the perpetual students of Extinction Rebellion have devised a new campaign that is not only self-destructive – it’s idiotic. The big new idea is Money Rebellion. Yep, and you thought …