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Merkel, Macron Back Euro Zone Budget but Challenges Ahead

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40 Views · 4 years ago

⁣Merkel, Macron Back Euro Zone Budget but Challenges Ahead⁣

France's newly minted Finance Minister, Merkel, is calling the shots on the euro zone countries that will be either in the "in" or "out" of the common currency for the years to come. Although, she is careful not to lay out the differences too dramatically, stating, "The future belong to the nations that choose to participate in the European Union." The EU members are very alarmed at the prospect of this criticism coming from a government as "progressive" as Germany. Macron has also challenged Europe's creditor nations to ease up with their lending programs for the indebted countries. However, a potential German pullout could spark a domino effect that would cause all of the other EU countries to re-evaluate their relationship with the rest of the world.

Inside Saudi Aramco as It Plans the World's Biggest IPO | Saudi Aramco IPO

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25 Views · 4 years ago

⁣Inside Saudi Aramco as It Plans the World's Biggest IPO | Saudi Aramco IPO

A large number of companies are planning to offer their shares on the New York Stock Exchange but one company has decided that it will do it first as it plans to launch a mega IPO. Saudi Aramco, which is one of the largest oil companies in the world, has decided to offer shares on the NYSE. This is according to reports and it is believed to be the largest IPO ever launched. The IPO is expected to bring about $ Torrent of liquidity into the share market.

IMF Says Economic Forecast Gloomier Since G7 Summit | IMF

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8 Views · 4 years ago

⁣The International Monetary Fund (IMF) has issued a report that the global economy will face a lot of challenges in the next two years. The report shows that the pressures from both the political and the financial arenas are weighing heavily on the global economy. The IOU is down, and stocks are falling (while the dollar is strengthening slightly). The signs are quite grim for those who think the world is looking better compared to last year or the previous decade. The good news is that things are about to change.

Global M&A Hits Historic High with Media Deal Wave

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14 Views · 4 years ago

⁣Global M&A deals are set to experience yet another historic high in the coming months and years. The deals signed in November and December 2021 have resulted in record turnover for retailers, suppliers, financial institutions and multinational corporations. With the focus on long term value and solid infrastructure for long term sustainable growth, it is no surprise that big corporate players are lining up to enter into these kinds of markets. The need to diversify and increase shareholder value has been pushed by a number of factors since the onset of the global recession in 2021. In order to make their companies stand apart from the competition, negotiators are focusing their efforts on restructuring and finding more cost effective ways of acquiring and structuring global supply chains.

ECB to end bond buys but signals rate hike is distant

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0 Views · 4 years ago

⁣The European Central Bank, the ECB, is widely expected to announce that it will buy unlimited debt from the European debt markets this month in an attempt to raise the Euro and boost confidence in the markets. However signals suggest that the release of unlimited debt will not be a major driving force behind the markets as bond yields are already near record lows. This means that the effects of the increase in base interest rates by the European Central Bank will only be limited and confined to short term gains in the market. In addition there is a strong likelihood that the announcement will be greeted with widespread negative commentary across global markets.

Data Casts Doubt on UK Economy's Rebound | UK Economy's Rebound

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0 Views · 4 years ago

⁣Research carried out by the Institute of Chartered Accountants in London cast doubt on the rebound of the UK economy. The study shows that between July and September, the UK gross domestic product (GDP) grew by an annual average of 2.5% pa compared to the same period last year. This means that though the British economy rebounded, it has not fully recovered and there is still scope for further turbulence. Data casts doubt on UK economic rebound Even if the slowdown was smaller than expected, it was much worse than many economists had expected and many economists believe that it will take time for the British economy to bounce back from the global downturn. In an age where economies are buffeted by changing trends, it is imperative for businesses and households to be prepared for difficult times ahead.

Canada Legalizes Recreational Marijuana | Marijuana Before Legalization

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20 Views · 4 years ago

⁣With Canada legalizes recreational marijuana for adult use, many people from different countries are starting to emigrate to Canada just to enjoy the wonderful recreational marijuana experience. If you are considering Canada as a good place to live and work, then this might be a great time to immigrate to Canada and work in the booming medical marijuana industry. The government has recognized that marijuana has many medical benefits and is not the dangerous drug it is often portrayed as by the media. If you have certain amounts of medical marijuana plants growing indoors or in your house, please ensure that you have permission from the Canadian government to grow these plants legally, before dark because the police will come and arrest you for growing marijuana plants during the night!

Brexit dividend part of extra UK health funding

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0 Views · 4 years ago

⁣There has been a lot of debate over the effects of the Referendum on the UK's future as an EU member, and a Brexiting UK government has issued several reports in an attempt to mitigate some of the worst impacts. The two reports, the government has released are its declaration that it will not seek to remain in the Single Market, and its promise to put forward an alternative strategy for the Single Market after the breakup. While these announcements have so far failed to gain the backing of the Remain community, they will do little to alleviate the pressure on the government is facing. As things stand now, the UK's membership in the European Union is inevitable, and extra UK health funding is the one thing that can help soften the impact.

BAE's Solar-Powered UAV Could Fly for A Year | Solar Powered UAV

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0 Views · 4 years ago

⁣The BAE's solar powered UAV could fly for a year without recharging, and that is over two thousand miles in a day! This content was inspired by reading a presentation by BAE Systems at their corporate headquarters in England. It talks about how long the BAE's solar powered UAV could fly for, and also shows the battery technology they use for this. I am sure the battery technology used by the US military to power their UAV's are much better than what BAE is using.

Aston Martin Unveils Sports Car for The Skies | Aston Martin Car

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10 Views · 4 years ago

⁣Aston Martin, a specialist manufacturer of fast and powerful automobiles, has today revealed a new concept car that will be making its way into showrooms around the world in 2021. Dubbed the "Aston Martin Racing Concept", the new sports car is being developed by the British firm of Aston Martin and will be designed and manufactured using cutting-edge technology. In fact, the company's latest creation will be the car most likened to the Formula 1 world champion - the Lamborghini.

Space Drones Could Revive Dying Satellites | Space Drones

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12 Views · 4 years ago

⁣If we are going to send humans to the moon and Mars, then we need to look into how we could revive dying satellites. We already know that it is very difficult to put a satellite into a low Earth orbit or a geostationary orbit (where the satellites are above the equator and the earth's rotation axis is moving parallel to the orbit plane). Sending someone from NASA or other space agency to rescue a dying satellite is not as easy as putting a human being on the moon or Mars. We might be able to use technology to "repair" dead satellites by re-inserting a solar power collector into its dish and using battery power to power the repair system - but that might still not be safe, and it might take a year or more to get the satellite up and operational again which means we're still on the moon, which are somewhat ridiculous, and that's not what I want.

Rising oil price spurs jet buying bonanza | Rising Oil Price

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17 Views · 4 years ago

⁣Rising oil prices are propping the spending power of consumers, especially when it comes to buying necessities. And while it may seem that every consumer is hurting due to the current state of the economy, there is actually a lot of optimism surrounding the situation. People are realizing that they can get back to work and spend less on things that they enjoy instead of stressing about how they're going to make it through the next few months. Jet charter companies are also starting to benefit from this newfound sense of freedom.

Fed Lifts Interest Rates | Fed Rate Increases | Fed Funds Rate

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9 Views · 4 years ago

⁣The Fed just lifted the rate it's historic base rate by a vote of nine to one. The Fed will raise short-term interest rates and lower long term rates in order to cool the economy down, but this time it is taking the inflation problem into consideration. And believe me when I tell you this; the "Zionism" crowd better watch out because this time they have a friend in high power who has a lot of clout in Washington. If the Fed starts raising rates too much without considering the inflationary impact, we are headed for a very tough market with real estate bubbles across the country, and the dollar losing value versus many other currencies.

Airlines Address Airborne Cyber Attacks | Cyber Attacks

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72 Views · 4 years ago

⁣It seems that all the major airlines in the world have been put under cyber attack recently, and this has put a lot of doubts in the minds of the public as to whether or not they should still be using these services. As one might expect, this has led many innocent travelers to ask "Are there any ways to avoid these kinds of attacks?”