Author: Muhammad Demir
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Global Economic Fallout amid Red Sea Conflict
Houthi rebels from Yemen have been disrupting the Red Sea trade route for two months with various attacks on civilian vessels. This has made many shippers take the longer and more expensive route around Africa, affecting 12% of the world’s trade. The global economy is suffering as a result. The US and its allies have…
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Reports of Slower Economic Growth in Egypt As the Gaza Situation Gets Worse
Egypt’s economic growth is expected to slow down compared to what was predicted in the past. Reuters recently did a poll that shows that the falling value of the Egyptian pound, rising prices that make things less affordable, and the effects of the Gaza problem are all things that make the situation worse. At the…
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World’s Most Renowned Economist Predicts His Forecasts and Tips for 2024
Bloomberg named Christophe Barraud of Market Securities as the top economic forecaster. Bloomberg has consistently ranked him as the top US economy forecaster for the past nine years, from 2012 to 2020. He also holds the record for being the most accurate forecaster of the Eurozone and China’s economies over several years. Barraud, Market Securities’…
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JPMorgan Predicts a Declining Bitcoin ETF Hype to Drag on Coinbase
Concerns have been expressed by JPMorgan Chase & Co. regarding the possibility of the collapse of Coinbase Global Inc., the largest cryptocurrency exchange in the United States. The company has cited a possible decline in the value of Bitcoin and a decrease in interest in exchange-traded funds (ETFs) that are tied to digital currency. Coinbase…
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WIF triumphs over Dogecoin by more than 100% in 30 days
Elon Musk’s support played a significant role in the remarkable surge in popularity of Dogecoin (DOGE) on the internet between 2020 and 2021. As a result, several people achieved rapid financial success. Moving forward to 2022 and 2023, Solana had issues with FTX Trading Ltd., but after overcoming those issues, it is now seen as a…
