Joseph Branch

Joseph Branch

Gold price to stay at $2000 per troy ounce until autumn

Gold price will remain at $2000 per troy ounce at least until autumn, RIA Novosti reported citing surveyed analysts. The stability of the gold price is helped by high levels of inflation around the world. "In particular, core inflation, which is in no hurry to decline to target levels, despite

Apple to open first shops in India

Apple plans to open its first shops in India: in Mumbai on 18 April and in Delhi on 20 April. Apple CEO Tim Cook may attend the opening ceremony, CNBC reported. "I am very optimistic about India," Cook said during a February conference call on Apple's December quarter results. According

Philippine central bank governor says a multi-currency world is needed

The creation of a multi-currency world is necessary, but for now the dollar retains an advantage at the expense of the government bond market, Felipe Medalla, head of the Philippine central bank, told RIA Novosti. "We want a multi-currency world, but so far other currencies don't have the necessary international

Instagram has stopped support for NFT

Social network Instagram has announced that it will stop supporting NFT and connecting third-party digital wallets. "We will begin deleting digital collection data on our systems, including your wallet address. The data will be stored and deleted in accordance with our Privacy Policy and Terms of Use for Digital Collectibles,

Economist says world economy in first crisis in 15 years

The world economy is already in crisis for the first time since 2008, with enormous imbalances accumulated over this period. Economist and former Russian Finance Minister Mikhail Zadornov said in an interview with RIA Novosti. "There has not been a global crisis since 2008 - almost 15 years. By itself,

Swiss bank PostFinance to open up cryptocurrency access to its customers

PostFinance, one of Switzerland's largest retail banks, announced this week a partnership with the Sygnum platform. As part of the agreement, the bank's 2.5 million customers will be able to buy, sell and store BTC and ETH.

Swiss bank UBS has been preparing for the takeover of Credit Suisse for three years

Swiss bank UBS Group's takeover bid for rival Credit Suisse was completed in a matter of days in March 2023, but preparations began at least three years before the company collapsed. This is what Bloomberg writes. UBS Chairman Colm Kelleher, who took office in April last year, obtained feasibility studies

Apple and Disney chiefs to tell congressmen about China

A group of lawmakers will travel to California to meet with tech and media executives, including Apple CEO Tim Cook and Disney CEO Bob Iger, to discuss China-related topics, CNBC reported. The committee's work could affect the technology and media industries, which are interested in both a large consumer market

Allbridge liquidity pools hit by hack

Allbridge has been hit by a hacker attack. According to PeckShield, about $570,000 was lost. "We are investigating the current situation with BNB Chain pools. The bridge is temporarily closed while investigations are underway. We apologise for the inconvenience," the platform said in a statement. P.S.: We have

Kazakhstan to cut oil production

Kazakhstan to cut oil production by 78 thousand bpd from May to the end of 2023 Kazakhstan together with other OPEC+ countries intends to further reduce oil production by 78 thousand bpd from May until the end of this year. This is reported by RT with reference to the press