World Bank Cuts 2023 Global Growth Estimates
The World Bank’s latest “Global Economic Prospects” report predicts 2023 global growth to slow to 1.7% from the 3% expected six months ago
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European Stocks Outperform US Peers
Typically lagging behind on the global market scene, European stocks have shown tremendous gains in the past couple of months, more than double the growth of their US counterparts
Bitcoin Misconceptions Plague Peter Zeihan On Joe Rogan’s Podcast
American geopolitical strategist, speaker, and author of The End of the World Is Just the Beginning: Mapping the Collapse of Globalization, Peter Zeihan had a lot to say about Bitcoin (BTC) on the Joe Rogan Experience podcast. And the cryptocurrency community is seething. Of the 2 hour long podcast, geopolitical strategist and author Peter Zeihan […]
Questions to ask when getting an auto title loan with a lien
Getting an auto title loan with a lien is a valuable financial tool for borrowers who need quick cash for financial emergencies. However, you must understand what the loan entails, the terms of your loan, and other details before signing any documents. Here are some essential questions to ask when shopping around to ensure you […]
Microsoft Considers $10B Investment into OpenAI
If Microsoft investment takes place, OpenAI – the startup behind the ChatGPT chatbot – will be valued at $29 billion
Research: eSIM Market to Reach $4 Billion Globally in 2023
As Apple innovation disrupts the smartphone industry, eSIM market is poised to be valued at $4.7 billion in 2023, rising to $16.3 billion by 2027
Wyre Introduces Withdrawal Limits
San Francisco-based crypto payments firm Wyre is implementing 90% withdrawal limits for user accounts, “acting in the best interest of our community”
FlexxPay Partners ADCB to Offer Payroll Services in UAE
This new alliance gives UAE companies an opportunity to provide their unbanked employees with complete digital bank accounts using the FlexxPay app with access to ADCB payroll services
CIBC Launches Money Management Tool
Canadian Banking and Financial Services Corporation CIBC announced the launch of CIBC Smart Planner, a digital self-service tool.
Russia to Work on CBDC Settlement amid Ongoing Sanctions
Russia is moving forward with its digital ruble project in the first quarter of 2023, studying two possible CBDC cross-border settlement models
Greenlight Launches Financial Literacy Game for Kids and Teens
Fintech company Greenlight Financial Technology, Inc. announced the launch of Greenlight Level Up, an interactive financial literacy game.
US Banks to Report Profit Decline, Prepare for Recession
Major US banks are expected to show a net profit decline in their quarterly earnings reports to be released on Friday, while the industry is getting ready for an economic slowdown
Nuvei to Buy Paya
The Canadian payment company Nuvei signed a deal to purchase the American division of Paya.
Apple to Release a Mixed-Reality Headset
In 2023, Apple will focus its main forces and resources on creating a fundamentally new device.
Swiss National Bank Post $143 Billion Loss in 2022
In 2022, the Swiss National Bank recorded losses of $ 143 billion.
UK Fintech Funding Slashed by 8%
Fintech funding in the UK remained ahead of the levels seen in Europe and Asia amid a sharp global slowdown, but still decreased about 8% compared to its 2021 value
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