Binance, one of the world’s biggest cryptocurrency exchanges, is in hot water after being accused of freezing all the crypto funds belonging to Palestinians. Here’s a breakdown of what’s happening and why it’s causing such a stir. The Accusation Ray Youssef, a well-known figure in the crypto world and CEO
A major economic shock has just hit the United States. On August 21, the US Bureau of Labor Statistics revealed that they had made a big mistake in the number of new jobs created over the last year. They admitted that the total number of new jobs they announced from
Recently, The Wall Street Journal (WSJ) published an article titled “Why China Is Starting a New Trade War.” The article painted a rather sensational picture of China trying to stir up global conflict by boosting its manufacturing industry. According to WSJ, China’s goal is to restore its economy by increasing
The upcoming BRICS Summit in October might shake up global trade by exploring a plan to reduce reliance on the U.S. dollar among its member countries and potentially introduce a new type of currency based on a mix of different currencies. While the details are still fuzzy, the move could
Ever wonder which countries give the most paid time off from work? You might be surprised by the results! We’ve got the scoop on the top countries where employees enjoy the most time off every year. Europe Tops the List It turns out that Europe is the leader when it
The US is now sending a stern warning to countries that let Russian banks set up shop in their territories. The US Treasury Department says that Russia is getting around existing sanctions by opening branches of its banks in other countries. This clever move is helping them dodge the financial
Did you know that central banks around the world hold huge amounts of gold? Why? Because gold is valuable, safe, and easy to sell when needed. Central banks—like those in the U.S., China, and Russia—see gold as a strong investment, especially during uncertain times. In fact, they hold about a
Bhavish Aggarwal, an Indian billionaire and the founder of Ola, a popular ride-hailing service, is making big waves in the electric vehicle (EV) world. His new goal? To challenge Elon Musk and Tesla by offering affordable electric cars for people in developing countries. Aggarwal, who also heads Ola Electric, recently
At a recent conference in New Delhi, Noel Tata from TATA International Ltd. proposed using the Indian rupee for trade between India and Africa, aiming to break free from the dollar’s dominance in global trade. This move is part of a broader “rupee revolution,” reflecting similar efforts by Malaysian Prime