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The slowdown in growth is driven by households looking to save every penny in the face of rising borrowing rates and reduced state aid to cover energy costs that soared after Russia's invasion of Ukraine two years ago. There is. European Commission Executive Vice President Valdis Dombrovskis said in a statement: “Europe's economy is a little weaker than expected after a painful 2023, but the recovery should gradually accelerate between this year and 2025.'' The committee did its best to interpret the data positively. Some forecasts predict that eurozone growth will start to “stabilize” in the second half of this…
Brussels (AFP) – The European Commission on Thursday cut both its 2024 growth and inflation forecasts for the euro zone, warning that geopolitical tensions will increase uncertainty for the single currency bloc's economy. Publication of: 2024/02/15 – 11:53change: 2024/02/15 – 14:06 3 minutes Forecasts by the EU's executive branch show the impact of the European Central Bank's interest rate hike campaign last year. The drop in inflation is welcome, expected to fall to 2.7%, but at the same time there is also worryingly low growth, expected to reach just 0.8%.The Frankfurt-based ECB has kept interest rates on hold so far…
Jonathan Ra | Null Photo | Getty ImagesIn 2023, cryptocurrencies made a strong recovery. Now, venture investors are coming back.Pitchbook announced Thursday that venture funding for crypto-related companies totaled $1.9 billion in the fourth quarter of 2023, an increase of 2.5% from the previous quarter. This is the first time since the fiscal year ending March 2022 that venture VC investment in virtual currency startups has increased.This is a welcome statistic for crypto entrepreneurs who have been hurt by the so-called “crypto winter” of the past few years, which made it extremely difficult for founders to raise capital.Venture funding for…
Even though the cryptocurrency industry is trading under bearish influence, the top altcoins are trading positively with an uptrend on their respective charts. Additionally, XMR price has risen over 4.5% in the past day but continues to struggle to break out, indicating mixed sentiment in the market. Monero price traded in a closed range between $144.3 and $153.6 for some time, but then the market gained momentum and the bulls just gained enough strength to breakout. After that, the price of XMR coin traded between $153.6 and $162.5 for 19 days, and the price recorded large fluctuations within the chart.…
The region's economy, which shares the euro, remained stagnant last year and remained virtually stationary. advertisementIn the last three months of 2023, economic output in the euro area was flat, but expanded slightly in the EU. Eurostat's initial estimates were confirmed. The stagnation in the eurozone economy follows a 0.1% contraction in the previous quarter, meaning the eurozone has avoided recession and effectively avoided a second consecutive quarter of decline in gross domestic product.The economy has shown no signs of strength over the past year, contracting or growing by just 0.1% since the start of 2023.Even in year-on-year comparisons, the…
Tom Fleischmann A confluence of events, combined with a healthy attention to detail and a love of writing, gave computer scientist Ali Juelz everything she needed to create her second fictional thriller novel. Juelz, who is also a trustee of the Weill Family Foundation and the Joan and Sanford I. Weill Professor at the Jacobs Technion-Cornell Institute at Cornell Tech and the Technion, has spent much of the pandemic lockdown and fortuitous sabbatical working on a new novel, “The Oracle,” which tells the story of a software developer who, along with his FBI partner, races against time to dismantle a…
This year's Valentine's Day is Prime XBT There is an attractive new promotion available to traders. The platform offers new users up to $7,000 in bonus funds to enhance their crypto trading profits. Take advantage of Valentine's Day promotions To earn a 14% deposit bonus of up to $7,000, traders simply need to: click here Then follow the prompts. Then, from February 12th, all he has to do is make a minimum deposit of $500 or more by the 18th. It is very easy to start trading cryptocurrencies. Fall in love with PrimeXBT's features There are many reasons why traders…
(Photo by Traxer on Unsplash.com) In recent years, Colorado has emerged as a pioneer in cryptocurrency law, implementing groundbreaking reforms that set it apart from other states in the United States. From tax treatment to licensing procedures, Colorado's approach to cryptocurrencies has undergone significant changes. For those looking for new crypto investment markets, Colorado offers great opportunities. Progressive attitudes at the state legislative level have made Colorado a national leader in this financial area. Current state of virtual currency laws in Colorado Colorado’s progress in cryptocurrency law serves as a model for other states that seek to balance innovation and…
Bitcoin prices have been under pressure since the ETF was approved. However, just recently, the price of the OG cryptocurrency rose to his $47,000 level, causing positive sentiment among investors. However, Bloomberg said in a report that the rise in Bitcoin prices may not be enough to sustain the crypto market. FTX's decline and altcoin's wild swings reflect the volatile cryptocurrency market According to Bloomberg, crypto investors now believe digital currencies are making a comeback. After several court challenges, the U.S. Securities and Exchange Commission finally approved a Bitcoin exchange-traded fund. A resurgence of investor interest in high-risk assets, including…
Bitcoin prices have been under pressure since the ETF was approved. However, just recently, the price of the OG cryptocurrency rose to his $47,000 level, causing positive sentiment among investors. However, Bloomberg said in a report that the rise in Bitcoin prices may not be enough to sustain the crypto market.FTX's decline and altcoin's wild swings reflect the volatile cryptocurrency marketAccording to Bloomberg, crypto investors now believe digital currencies are making a comeback. After several court challenges, the U.S. Securities and Exchange Commission finally approved a Bitcoin exchange-traded fund. A resurgence of investor interest in high-risk assets, including technology stocks,…