Economy

Cryptocurrencies replacing traditional fiat currencies; wealth inequality; the economic impact of automation and the next industrial revolution—this page covers the trends and news that will influence the economies of the future.

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https://www.youtube.com/watch?v=3NlIgdCcGQg
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CBC News: The National
Canada is signing on to a new trade deal — a revamped Trans-Pacific Partnership agreement, which doesn’t include the U.S. after the country pulled out of tal...
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https://cryptopotato.com/defi-lending-protocol-fintoch-reportedly-rug-pulls-investors-for-31-6m/
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Cryptopotato
Fintoch, a decentralized finance (DeFi) protocol that offers peer-to-peer (P2P) lending and investment services, has absconded with $31.6 million in cryptocurrencies belonging to investors in an apparent exit scam. Multiple tweets from Fintoch users complaining about being unable to withdraw their assets were seen on Twitter earlier today, confirming suspicions that the platform had vanished with investors' funds.
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https://www.mondaq.com/Article/1404622
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Mondaq
The Saudi Central Bank (SAMA) has issued a decisive set of regulations to govern the burgeoning Buy Now, Pay Later (BNPL) sector in Saudi Arabia, marking a new era of legal oversight for this dynamic financial service. The global BNPL market, valued at $309.2 billion in 2023, while latest figures from Saudi Arabia show that the total gross merchandise value of goods sold with the Buy Now Pay Later (BNPL) service amounted to $2.3 billion in 2022 and is expected to surge dramatically.
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https://anyuakmedia.com/benefits-of-blockchain-in-digital-asset-management/
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Anyuakmedia
Blockchain technology has revolutionized the way we manage digital assets. It has brought about a new level of transparency, security, and efficiency in the management of digital assets. Blockchain technology is a decentralized ledger that records transactions in a secure and transparent manner....
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https://www.theguardian.com/commentisfree/2017/sep/29/robots-labour-tax-jobs
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The Guardian
The automation revolution will cost jobs and cause massive unrest. Those affected must be supported, writes Gaby Hinsliff
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https://www.investopedia.com/terms/t/tax-reform-act-of-1993.asp
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Investopedia
What Is the Tax Reform Act of 1993?
The Tax Reform Act of 1993 was a federal law passed by the 103rd Congress and signed into law by President Bill Clinton. The Act aimed to cut the federal deficit through increased taxes and reduced spending. It is also known as the Omnibus Budget...
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https://financialit.net/news/digital-banking/iedigital-acquires-connect-fss-become-one-largest-global-digital-banking
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Financialit
ieDigital Acquires Connect FSS to Become one of the Largest Global Digital Banking Software Providers ieDigital, a leader in digital banking software in the UK, has today announced it has acquired Connect FSS, the US-based digital banking Software as a Service (SaaS) technology provider.ieDigital...
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https://www.wsj.com/articles/china-to-reduce-the-juice-for-electric-car-sales-11553690186
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The Wall Street Journal
China is slashing subsidies for electric vehicles, which will test the resilience of a fast-growing EV market that government support helped create.
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https://www.entrepreneur.com/en-ae/growth-strategies/we-got-funded-ksa-based-soum-raises-us18-million-in-a/467739
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Entrepreneur
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Soum, a Saudi Arabia-based platform to buy and sell secondhand goods, has raised US$18 million in Series A funding round led by Jahez, a...
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https://behindmlm.com/mlm-reviews/s19antminers-review-ai-crypto-mining-ruse-ponzi/
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Behindmlm
S19antminers fails to provide ownership or executive information on its website. S19antminers' website domain ("s19antminers.com"), was registered in August 2023. The private registration was last updated on January 8th, 2024. In an attempt to appear legitimate, S19antminers provides a UK corporate address and links to the company registration for "Stash Networks Limited".
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https://www.coindesk.com/business/2022/11/10/what-bitcoins-inflation-hedge-narrative-needs-more-time/
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CoinDesk
Whether or not Bitcoin and other cryptocurrencies are long-term inflation hedges and a store of value or simply a “risk-on” speculative assets preferred in times when bond yields are unattractive is yet to be perfectly understood.
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https://cryptomaton.medium.com/my-cryptocurrency-tier-list-from-f-to-s-22b9efc01928
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Cryptomaton
In this article I will be ranking the top 20 Cryptocurrencies by marketcap on a on a tier list from F to and provide the rationale behind it. The ranking will take into consideration how close each chain is to resolving the blockchain trilemma as well as the utility that they bring to the crypto world.
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https://insidebitcoins.com/news/top-trending-crypto-coins-on-dextools-yieldification-ecoterra-cbswap
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Insidebitcoins
Join Our Telegram channel to stay up to date on breaking news coverage
Investors are in a quest for assurance in the face of the continuous creation of new cryptocurrencies at an almost hourly rate. They strive to differentiate between beneficial and detrimental investment options. In the wake of...
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https://www.etftrends.com/thematic-investing-channel/financial-industry-sees-spike-in-cyber-attacks-what-to-know/
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ETF Trends
Cyber attacks are increasingly significant risks in general in today's society. But some industries face exceptional threats.
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https://www.theguardian.com/commentisfree/2019/apr/17/the-financial-sector-must-be-at-the-heart-of-tackling-climate-change
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The Guardian
The industry is key to achieving a low-carbon economy, say Mark Carney, François Villeroy de Galhau and Frank Elderson
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https://www.abc.net.au/triplej/programs/hack/2020-edelman-trust-barometer-shows-growing-sense-of-inequality/11883788
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ABC
Survey authors: "We now observe an Alice in Wonderland moment of elite buoyancy and mass despair."
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https://www.tronweekly.com/us-ethereum-futures-etfs-poised-for-launch/
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Tronweekly
US Ethereum Futures ETFs Poised For October Launch Despite SEC Hurdles
September 28, 2023 by Ammar Raza
Ethereum futures exchange-traded funds (ETFs) are poised to debut in the United States, with Bloomberg analysts predicting that trading could commence as early as next week. The news comes...
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https://economictimes.indiatimes.com/news/economy/finance/ai-increases-cybersecurity-challenges-manifold-for-financial-institutions-rbi-guv-das/articleshow/108529349.cms
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Economictimes
Mumbai: Reserve Bank Governor Shaktikanta Das on Friday said that with the advent of artificial intelligence (AI), cybersecurity challenges can rise manifold, and called upon financial institutions to dedicate substantial efforts to protect customer information. Regulated entities serve as...
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https://www.cityam.com/government-must-urgently-reform-road-taxes-to-avoid-10bn-shortfall-created-by-ev-transition-says-think-tank/
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Cityam
Thursday 01 June 2023 7:00 am


Government must 'urgently reform' road taxes to avoid £10bn shortfall created by EV transition, says think tank





The government must "urgently reform" its road taxes in order to avoid a multi-billion pound revenue shortfall created by the EV...
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https://www.remodelaholic.com/rustic-revival-experience-the-captivating-beauty-of-barn-wood/
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Remodelaholic
Barn wood is a beautiful and versatile material that can be used to create a variety of DIY projects. With its rich patina and rustic charm, barn wood can add a touch of warmth and character to any space.
Rustic Chevron Twin Headboard
Photo Credit: Her Tool Belt for Remodelaholic.
This rustic...
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https://www.nasdaq.com/articles/why-customer-led-innovation-is-the-future-of-business-2021-10-29
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Nasdaq
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Insight posts
Insight posts
Green hydrogen could supply up to 25 percent of the world’s energy needs by 2050.