Joseph Branch

Joseph Branch

Binance became a partner of the Kazakhstan Ministry of Finance

The head of Binance, Changpeng Zhao, visited Kazakhstan and held a meeting with the authorities. The result was a new document - a Memorandum of Understanding with the Ministry of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan. Exchange Binance will become an official consultant of the

About electroenergy

The United States now spends 60 percent less energy for every dollar of GDP than it did in 1950. Europe is half as much. China, which in 1990 consumed four times as much energy per dollar of GDP as the world as a whole, by 2012 had reduced costs to

Václav Smil wrote

A new round of industrial revolutions has always coincided with the discovery of new types of energy. And the most important inventions in energy are not those devices or phenomena that produce energy, but those that transform one type of energy into another - with less loss than before. The

The global interbank market is preparing for the first ECB rate hike in 10 years.

Euribor's annual lending rate rose to 0.35% (see chart below). The last time first-round banks lent to each other at this rate was in late 2014, before the ECB launched its massive QE program. So it appears that in July we will indeed see the ECB raise

It's ironic, there's no other way to put it.

At the end of February, the West, imposing sanctions on Russia, froze the accounts of the Central Bank so that it could not intervene in the foreign exchange market in order to prevent an uncontrolled collapse of the ruble. And in the first few days, the ruble really collapsed. Now

JPMorgan predicts the impoverishment of Americans at $5 trillion - Bloomberg

The drop in wealth since the beginning of 2022, according to JPMorgan Chase & Co. estimates, will be at least $5 trillion - and could reach $9 trillion by the end of the year. Rising home prices and high mortgage rates are reducing the wealth of U.S. citizens. Falling

Citigroup removes Amazon from "best of" list - CNBC

* In early May, the Wedbush analytical agency also removed Amazon stock from its "best ideas" list. The latest report and the company's weak forecasts amid restrictions in China and the Ukrainian crisis led to a loss of more than 1/3 of the share price from

Elon Musk said that the attacks on him his deal with Twitter should be viewed only through a political prism

The Tesla CEO added that nothing would keep him from fighting for freedom of speech. In response to a comment under his Twitter post from PisDavid Mitchell Jr. about state politicians dreaming of the collapse of Tesla, SpaceX and Dogecoin, Musk wrote: "True (sigh).

Elon Musk called the Democrat party the "divisive and hateful" party

He also said that he would vote for Republicans in the next election and announced a political campaign against himself. Earlier, another famous billionaire, Jeff Bezos, criticized the Democrats. He accused the Democrats of a record rise in inflation because of the reckless increase of the national debt and the

Google subsidiary in Russia intends to initiate its own bankruptcy

Google LLC, Google's Russian subsidiary intends to apply to arbitration court to declare its own bankruptcy, according to a notice posted by the company on the Fed. Also, in March-April 2022, 62,341 bankruptcy cases were registered in the files of arbitration cases in Russia - 10,000