Author: Anthony M. Orbison
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israel launched a relentless wave of air strikes against what it said were Hizbollah targets on Monday, killing almost 300 people in Lebanon’s deadliest day for decades and pushing the region closer to all-out war.Israeli warplanes struck hundreds of targets across the country, including Beirut’s southern suburbs, as Benjamin Netanyahu’s government ramped up its assault on Hizbollah in a “new phase” to the war. The bombardment heightened concerns about full-scale hostilities in the Middle East and spread panic across Lebanon, sending tens…
ROME (Reuters) – BlackRock (NYSE:), the world’s biggest asset manager, has secured Italian government approval to hold a stake of more than 3% in defence and aerospace group Leonardo, a government document showed on Monday. The document, sent by Prime Minister Giorgia Meloni’s office to parliament, deals with so-called “golden power” decisions. Italy’s government has “golden powers” to block or set conditions on foreign and domestic investments, as well as governance changes, involving companies that operate in strategic sectors such as energy, telecoms, defence and banking. Source link
Este artículo también está disponible en español. Veteran analyst Peter Brandt is making a bold prediction that is creating a lot of talk in the crypto arena: by 2025, Bitcoin should see its price jump 400% relative to gold. Related Reading He feels that, according to the market patterns witnessed so far, Bitcoin could soar to the equivalent of around 123 ounces of gold. This rally potential comes in the wake of general price predictions, as Bitcoin is likely to increase by 65% over the next three months and by almost 100% in six months, data from CoinCheckup shows. Over…
Forex Trading: Is it Right for You? The Forex market, also known as the Foreign Exchange market, is a global market where individuals, businesses, and institutions trade currencies. The idea of trading currencies, converting one currency to another for profit, has captured the attention of many traders around the world. In recent years, online platforms and trading software have made it easier for individuals to trade Forex, making it an attractive option for many investors. But is Forex trading right for you? Let’s explore the possibilities. What is Forex Trading? Forex trading involves buying and selling currencies, with the ultimate…
When Mykail James was 19 and working a holiday job at Victoria’s Secret, she took out a store credit card with a $2,000 credit line. When her school break was over, she realized she could no longer afford the payments. After missing a few, she paid off the card only to find that her credit score had decreased dramatically, affecting her ability to access other types of credit. “I didn’t get an actual bank credit card until I was 21, just because of that fear,” said James, who is now a financial expert and creator of The Boujie Budgeter. “Because of how…
The defense sector consists of companies that provide military goods and services, which include aerospace and defense manufacturing, cybersecurity, and advanced technologies. This sector is popular for its stability because it is often backed by government defense spending. This tends to remain consistent regardless of economic conditions. Stocks in this sector, such as those of companies producing military aircraft, vehicles, weaponry, and surveillance technology, can fall under the category of less sensitive to economic cycles. Defensive stocks, while commonly inclusive of utilities and consumer staples, also feature defense sector companies due to their steady demand irrespective of economic downturns. Investing…
The Federal Reserve made a significant decision today by cutting interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%. The move, the first substantial cut in over four years, reflects concerns over the state of the U.S. economy, despite continued reported economic expansion.BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50 basis points, first cut in over 4 years. pic.twitter.com/xjy0aULKi4— Bitcoin Magazine (@BitcoinMagazine) September 18, 2024 According to the Federal Reserve’s official statement, recent economic activity indicators show good growth, but job gains have slowed, and the unemployment rate has slightly risen. While inflation…
Bill Gates Says If He Started Microsoft Today, He’d Focus On This Industry InsteadMicrosoft co-founder and one of the world’s most prominent tech visionaries, Bill Gates, is turning his attention toward a new type of technology.In an interview with CNBC, Gates said that if he were to launch a startup today, he would leave his software roots behind and focus squarely on artificial intelligence (AI).”Today, somebody could raise billions of dollars for a new AI company [that’s just] a few sketch ideas,” Gates told CNBC, reflecting AI’s fervor. So far this year, startups in the field have attracted more than…
Trading Strategies and Techniques: A Comprehensive Guide Trading in the financial markets involves a deep understanding of various strategies and techniques that can help investors and traders make informed decisions. With the vast array of markets, instruments, and market conditions, it’s essential to have a solid grasp of different trading strategies and techniques to maximize returns and minimize losses. In this article, we’ll delve into the world of trading strategies and techniques, exploring the most popular and effective approaches. 1. Technical Analysis Technical analysis is a widely used trading strategy that focuses on chart patterns, trends, and indicators to predict…
Icon of the Seas isn’t just another “biggest cruise ship in the world from Royal Caribbean. It’s a complete reimagining of what a cruise ship could be.The cruise line started from a blank page. And while the ship does offer some features found on Oasis-class ships — most notably Central Park — even the areas that carryover are different. Royal Caribbean did not just redo the passenger areas. It also put a lot of thought into keeping the crew comfortable. That means many innovations and changes to the Crew Neighborhood.Chris Wong, a Royal Caribbean crew member made a video blog…