Author: Jon Delaney

IDEA address: TJqAxZoBvah9EDGiN8xDFDyL2J4xrgn7bq
Russia One Step Closer To Using Crypto In International Trade
28. 9. 2022 No Responses

Russia One Step Closer To Using Crypto In International Trade

The Russian Ministry of Finance and its central bank have agreed on a draft bill allowing bitcoin and cryptocurrency payments for international trade settlements, per a report from Russian news outlet Tass. The bill “as a whole writes out how...
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JP Morgan To Cannibalize Its Own Card Revenue In Race To Be First On Pay-By-Bank Processing
25. 9. 2022 No Responses

JP Morgan To Cannibalize Its Own Card Revenue In Race To Be First On Pay-By-Bank Processing

Pay-by-bank processing would abandon costly interchange fees charged by card companies like Visa and Mastercard. “If I hear that any of you aren’t sharing information with each other, or you’re hiding information, you’re fired.” That’s appa...
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India Overtakes UK To Become Fifth Biggest Economy
17. 9. 2022 No Responses

India Overtakes UK To Become Fifth Biggest Economy

Just a decade ago, Indian GDP was the eleventh largest in the world. Now, with 7 percent growth forecast for 2022, India’s economy has overtaken the United Kingdom’s in terms of size, making it the fifth biggest. India’s growth is accomp...
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Indian Petroleum Minister: India will continue to buy Russian oil despite Western pressure
7. 9. 2022 No Responses

Indian Petroleum Minister: India will continue to buy Russian oil despite Western pressure

Indian Petroleum Minister Hardeep Singh Puri told CNBC on Wednesday that his country will continue to purchase Russian oil despite growing pressure from the West. The minister explained that it’s a question of energy security, pointing out that India consume...
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Germany reveals generous inflation-relief package
5. 9. 2022 No Responses

Germany reveals generous inflation-relief package

The German government has agreed a €65 billion financial aid package to ease inflation-driven pressure from a tightening power-supply crisis in the European Union, AFP reported on Sunday, citing a policy paper. “Timely and proportionate relief for citizen...
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Argentines Are Once Again Voting For More Inflation
3. 9. 2022 No Responses

Argentines Are Once Again Voting For More Inflation

On July 2, Martín Guzmán, Argentina’s Minister of Economy, finally resigned. Guzmán, who holds a PhD in economics from Brown University and studied under Joseph Stiglitz, had originally been introduced as the “rational” element of the left-wing coalit...
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Goldman Sachs’ Secrets Spill Out in New Book
2. 9. 2022 No Responses

Goldman Sachs’ Secrets Spill Out in New Book

Simon & Schuster just released a new book by Jamie Fiore Higgins, a woman who worked her entire Wall Street career at one firm. Over the span of just under 18 years, beginning on September 2, 1998 and ending officially...
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Delisting Risk for Chinese Stocks: Regulators Reach Audit Agreement
29. 8. 2022 No Responses

Delisting Risk for Chinese Stocks: Regulators Reach Audit Agreement

The PCAOB said it planned to have inspectors on the ground in China by mid-September, and make a determination in December on whether China was still obstructing access to audit information. In late 2020, the U.S. Holding Foreign Companies Accountable Act be...
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India Cuts U.S. Crude Imports By 50% As It Buys Discounted Russian Crude
25. 8. 2022 No Responses

India Cuts U.S. Crude Imports By 50% As It Buys Discounted Russian Crude

New reports have emerged that during the second quarter, India slashed its crude imports from the United States by one million metric tonnes while sharply ramping up imports of discounted Russian oil. India’s energy mix now looks dramatically different fro...
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The 10 Biggest Military Spending Nations In The World
18. 8. 2022 No Responses

The 10 Biggest Military Spending Nations In The World

Military spending and technology has come under the spotlight as the world tracked Western arms shipments and watched how Iskanders, Kalibrs, HIMARS and other weaponry affected the conflict. But, as Visual Capitalist’s Niccolo Conte details here, devel...
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Aramco’s Q2 net income surges to $48.4 billion
15. 8. 2022 No Responses

Aramco’s Q2 net income surges to $48.4 billion

Saudi Arabia’s largely state-owned energy firm has highlighted the colossal profits made by gas and oil-rich nations during the energy crisis by revealing profits in the three months to the end of June up 90% to $48bn (£40bn). Saudi Aramco...
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Ukraine halts Russian oil supply to EU
9. 8. 2022 No Responses

Ukraine halts Russian oil supply to EU

Ukraine’s state oil pipeline operator Ukrtransnafta has stopped pumping Russian crude through the southern branch of the Druzhba system to the EU, RIA Novosti news agency reported on Monday, citing Russia’s Transneft. According to the report, transit suppl...
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Turkey Agrees To Pay For Russian Gas With Rubles
7. 8. 2022 No Responses

Turkey Agrees To Pay For Russian Gas With Rubles

Turkey’s President Tayyip Erdogan and Russia’s President Vladimir Putin agreed on Friday to bolster cooperation after a four-hour meeting, a joint statement from the two nations has revealed as cited by Reuters. As part of the deal, which would increase...
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PayPal: $15 Billion buyback, new CFO
3. 8. 2022 No Responses

PayPal: $15 Billion buyback, new CFO

PayPal Holdings said on Tuesday Elliott Investment Management has an over $2 billion investment in the company, making the activist investor one of the largest shareholders in the fintech firm. The company also announced a slew of moves including appointing...
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Stellantis Sentenced for Cheating Diesel Emissions in Jeeps and Rams
1. 8. 2022 No Responses

Stellantis Sentenced for Cheating Diesel Emissions in Jeeps and Rams

The company will pay $300 million in criminal charges, in addition to an earlier $500 million in civil penalties and class-action owner compensation. On Monday, the American arm of the company — what used to be FCA US — was...
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