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Guardian Mag

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Category: Economy

Nearly 90% of all Bitcoin has already been mined — Here’s what could happen after Bitcoin runs out of supply

Nearly 90% of all Bitcoin has already been mined — Here’s what could happen after Bitcoin runs out of supply

  • January 4, 2022
  • 0 Comments
  • By guardianmag
On December 13, Bitcoin reached 90% of the maximum supply, so what can happen after the supply of this cryptocurrency runs out? Author Mehab Qureshi, in an article on The Indian Express, says that a...
Posted in Economy
Binance: a Platform for trading more than 100 cryptocurrencies

Binance: a Platform for trading more than 100 cryptocurrencies

  • December 30, 2021
  • 0 Comments
  • By guardianmag
What is Binance ?  Binance is a Hong Kong–based cryptocurrency exchange launched by developer Changpeng Zhao (aka CZ) in July 2017. Zhao’s company Beijie Technology created the exchange after a...
Posted in Economy
Report: Global Economy will Exceed $100 Trillion in 2022 for First Time

Report: Global Economy will Exceed $100 Trillion in 2022 for First Time

  • December 27, 2021
  • 0 Comments
  • By guardianmag
The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy, a...
Posted in Economy
U.S. Weapons Exports Decreased 21% to $138.2 Billion in Fiscal 2021

U.S. Weapons Exports Decreased 21% to $138.2 Billion in Fiscal 2021

  • December 23, 2021
  • 0 Comments
  • By guardianmag
Sales of U.S. military equipment to foreign governments fell 21% to $138 billion in the latest fiscal year, the U.S. State Department said on Wednesday, as the Biden administration shifts away from...
Posted in Economy
Oil prices continue to rise after US data

Oil prices continue to rise after US data

  • December 16, 2021
  • 0 Comments
  • By guardianmag
Oil prices continued to rise on Thursday after data showed strong demand for fuel in the United States, while the US Federal Reserve ended its bond purchases program to slow rising inflation. Brent...
Posted in Economy
Biden approves release of 50 million barrels of oil in bid to tamp down rising gas prices

Biden approves release of 50 million barrels of oil in bid to tamp down rising gas prices

  • November 23, 2021
  • 0 Comments
  • By guardianmag
The White House announced today, Tuesday, that US President Joe Biden has ordered the use of 50 million barrels of the United States' strategic oil reserves in a coordinated effort with other...
Posted in Economy
Oil prices rise, supported by lower inventories

Oil prices rise, supported by lower inventories

  • November 16, 2021
  • 0 Comments
  • By guardianmag
Oil prices rose today, Tuesday, supported by a decline in inventories, although optimism was limited by concerns about demand after the increase in Covid-19 injuries in Europe. Brent crude...
Posted in Economy
Goldman Sachs Group Inc.’s Top Trade Ideas for 2022

Goldman Sachs Group Inc.’s Top Trade Ideas for 2022

  • November 12, 2021
  • 0 Comments
  • By guardianmag
Experts from the US investment bank "Goldman Sachs" offered a set of advice to investors about the coming year, and said that the global economy will see strong demand and limited supply in 2022....
Posted in Economy
UK Cold Weather Payment: Who is eligible, and what temperature does it have to be before it is paid

UK Cold Weather Payment: Who is eligible, and what temperature does it have to be before it is paid

  • November 4, 2021
  • 0 Comments
  • By guardianmag
The Cold Weather Payments in Great Britain are set to be sent out between 1 November and 10 December 2021. For every seven consecutive days of cold weather between November 1, 2021, and March 31,...
Posted in Economy
Aluminum jumps to its highest level since 2008

Aluminum jumps to its highest level since 2008

  • October 17, 2021
  • 0 Comments
  • By guardianmag
Aluminum jumped to the highest since 2008 as a deepening power crisis squeezes supplies of the energy-intensive metal that’s used in everything from beer cans to iPhones. Industry insiders like to...
Posted in Economy
Prices Climb at Fastest Pace in 30 years in U.S. as the Supply Chain Continues to Decline

Prices Climb at Fastest Pace in 30 years in U.S. as the Supply Chain Continues to Decline

  • October 3, 2021
  • 0 Comments
  • By guardianmag
The Federal Reserve’s preferred inflation gauge accelerated in August, keeping the pressure on economic policymakers who are watching warily as supply chain issues and commodity costs threaten to...
Posted in Economy
China: All crypto-related transactions are illegal

China: All crypto-related transactions are illegal

  • September 26, 2021
  • 0 Comments
  • By guardianmag
China's central bank said that all transactions related to cryptocurrency are illegal and should be banned, considering that it "is not a currency and cannot be traded in the market." He stressed...
Posted in Economy
Will the European Energy Crisis Turn into a Global One?

Will the European Energy Crisis Turn into a Global One?

  • September 26, 2021
  • 0 Comments
  • By guardianmag
In a globalized world, the energy crisis at the European level is difficult to contain, especially in the context of damaged supply chains and a rush to cut investment in fossil fuels. In a report...
Posted in Economy
Oil prices jump over $2 after drawdown in U.S. stocks

Oil prices jump over $2 after drawdown in U.S. stocks

  • September 15, 2021
  • 0 Comments
  • By guardianmag
Oil prices rose over $2 a barrel on Wednesday after government data showed a larger-than-expected drawdown in U.S. crude inventories, and on expectations demand will rise as vaccination roll-outs...
Posted in Economy
Aluminum prices at the highest level in 10 years

Aluminum prices at the highest level in 10 years

  • September 7, 2021
  • 0 Comments
  • By guardianmag
Aluminum prices are witnessing a rise in the market in light of the unrest in Guinea, which leads the world in exports of bauxite used in the aluminum industry, as traders fear supply disruptions....
Posted in Economy
The First Bitcoin ATM.. The Craving for Cryptocurrency Arrives in Honduras

The First Bitcoin ATM.. The Craving for Cryptocurrency Arrives in Honduras

  • August 28, 2021
  • 0 Comments
  • By guardianmag
The first cryptocurrency ATM opened in Honduras this week, as bitcoin backers called for spurring demand for virtual assets after neighboring El Salvador became the first country to deem bitcoin...
Posted in Economy
The U.S. is holding its largest sale of oil from strategic reserves in 7 Years

The U.S. is holding its largest sale of oil from strategic reserves in 7 Years

  • August 24, 2021
  • 0 Comments
  • By guardianmag
The U.S. intends to sell the largest amount of strategic oil reserves since 2014, at a time when expectations for demand for fuel are declining with the return of the number of people infected with...
Posted in Economy
Bitcoin soars to $50,000 for the first time since May 15

Bitcoin soars to $50,000 for the first time since May 15

  • August 23, 2021
  • 0 Comments
  • By guardianmag
The price of the cryptocurrency Bitcoin rose to $50,000 for the first time since May 15, according to trading data. And the bitcoin currency grew during the trading session today, Monday, by 2.27%,...
Posted in Economy
Debate Over Cryptocurrency Taxation Threatens To Derail $1 Trillion Infrastructure Bill In The U.S

Debate Over Cryptocurrency Taxation Threatens To Derail $1 Trillion Infrastructure Bill In The U.S

  • August 11, 2021
  • 0 Comments
  • By guardianmag
A bid to pass a major infrastructure bill worth nearly $1 trillion has stalled in the US Senate after a fierce debate erupted over how to tax cryptocurrency. It was hoped the bill - a rare bipartisan...
Posted in Economy
U.S. Department of Energy Expects Oil Prices to Remain at $72 a Barrel Until November

U.S. Department of Energy Expects Oil Prices to Remain at $72 a Barrel Until November

  • August 10, 2021
  • 0 Comments
  • By guardianmag
The Energy Information Administration of the US Department of Energy expected oil prices to remain at the level of $72 a barrel until next November, according to the administration's monthly report....
Posted in Economy

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