Economist Elliot Eisenberg, who had confidently predicted an impending recession last year, recently admitted his mistake, recognizing that stronger-than-expected consumer spending has shielded the economy despite rising interest rates. This trend was evident as holiday spending saw a 3.8%
January 13, 2025In an unexpected but strategic move, Russia has started adopting Bitcoin for international trade to counteract the effects of stringent international sanctions. Russian Finance Minister Anton Siluanov confirmed that Russian companies have begun utilizing Bitcoin (BTC) for conducting international
December 27, 2024Donald Trump's possible re-election brings the potential for significant turmoil in global trade dynamics. His administration's “America First” trade policies, which made headlines during his first term, left a lasting impact on international relations and economic equilibrium. The ant
December 10, 2024Europe stands at a critical juncture in its digital evolution. With the rapid advancements in technology and the increasing dominance of global tech leaders like the US and China, the European Commission must take decisive steps to ensure the continent's competitiveness. This article outlines
November 22, 2024Wyoming's proactive stance in embracing blockchain technology and cryptocurrency is setting a significant precedent within international trade, fostering economic growth and positioning the state as a hub for fintech companies. Legislative initiatives in Wyoming have created a favorable
October 29, 2024The Federal Trade Commission (FTC) announced its decision to appeal a federal court ruling that prevented the agency from enforcing a nationwide ban on noncompete agreements. This appeal comes after a series of legal battles and rulings that have sparked significant debate around the role and reach
October 23, 2024