Speaking at the Innovate Finance Global Summit on Monday, Sir Jon, the deputy governor of the Bank of England, said that "you won't be able to spend physical cash in the near future."
Erewhon, which is said to be America's most expensive grocery store, is frequented by a host of celebrities, including musicians, authors, and the Kardashians.
A luxury grocery store is proving so popular with customers...
The currency Lira has plunged after President of Turkey Erdogan appointed Hafize Gaye Erkan, the co-CEO of the failed First Republic Bank, as the new Central Bank Governor.
Turkish President Erdogan, fresh from his...
The Israeli media reported on a "record-breaking spike" in the number of nations purchasing Israeli cyberwarfare and intelligence systems, from 67 to 83 in 2022, but a setback due to intelligence failure will likely cause Israel's cybersecurity...
According to Alex Mena, an IRS official, the IRS is using AI to spy on Americans' bank accounts and is targeting ordinary citizens.
To uncover what they believe to...
According to leaked information of a high-level meeting, the United States and India's failure to reach a long-expected trade deal on Sept. 24 has sparked fears of a full-fledged India US trade war.
Failed Negotiations
On Sept. 24, U.S. Trade Representative...
Three Chinese banks are suing Anil Ambani in a London court for failing to pay back $680 million in defaulted loans.
The Industrial & Commercial Bank of China Ltd., China Development Bank and the Export-Import Bank of China agreed to...
The Evergrande debt crisis is the ongoing financial situation of Chinese property developer Evergrande Group. After a letter circulated online of the company informing the Guangdong government that it was at risk of a cash crunch, shares in the company plunged in value, with impacts on global markets and a significant slow-down in foreign investment in China during August and September of 2021.
Bill Gates' greatest one-year "charity" deed in more than a decade was a pass-through gift to surrogates for Joe Biden's 2020 presidential campaign. Now it seems that he has a new target as Bill Gates pours millions into an NGO army to attack Elon Musk twitter deal.
Here we go again. Every few years in Congress there is a purely political battle over the debt ceiling. We're supposed to be horrified and worried that the US might default on some of its debt. Some commentators will insist the US has never defaulted, and that default be a disaster. (That's wrong, by the way. The US has defaulted before.)
