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Latvian Saeima passes amendments allowing confiscated cars from drunk drivers to be handed over to Ukrainian government - media
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Blur intends to raise valuation to $1bn
NFT marketplace Blur plans to close a funding round increasing its valuation to $1 billion and become a one-horse project, The Block reports. The BLUR token will also be listed on Bybit, Coinbase, OKX, KuCoin, Huobi, Gate and MEXC.
UAE to issue digital dirham
The Central Bank of the United Arab Emirates (CBUAE) will create its own digital currency. This is stated in a large policy paper by the regulator. The first phase of the programme includes the issuance of CBDC for cross-border and domestic use. According to the CBUAE, it will "address the
Europe's most troubled economy named
Analysts of the European Commission (EC) have named Sweden the only country in the European Union whose economy will shrink in 2023, Bloomberg reports. The status of the most troubled economy in Europe Sweden has received because of the sharp decline in the housing market, which led to the bankruptcy
Unemployment in Canada held steady at 5% in January
Canada's unemployment rate in January 2023 was 5%, the same as in December, Statistics Canada data showed. The figure is 0.1pc higher than the record low of 4.9% recorded in June and July. The number of people employed in the Canadian economy rose by 150,000, or 0.
China has increased its purchases of Russian oil
China has increased its purchases of oil from Russia, Bloomberg reported citing Energy Aspects. At least three supertankers carrying Russian Urals crude, which was bought by state oil and gas companies PetroChina Co. and CNOOC, are on their way to China. Sinopec. According to analysts, they may increase their purchases
Meta will release a new version of the Horizon Worlds meta-universe
Zuckerberg's company is preparing an updated version of its Horizon Worlds meta-universe, the Wall Street Journal reports. The updated meta-universe will be aimed at teens between the ages of 13 and 18. The developers are now working on the design of the virtual world. To interact with the virtual world,
National Bank of Moldova cuts base rate to 17%
The Executive Committee of the National Bank of Moldova (NBM) today decided to reduce the base rate from 20% to 17%, NBM Governor Octavian Armasu told reporters after the meeting. Also, the National Bank cut the rate on overnight deposits from 18 per cent to 15 per cent and the
Kuwait Petroleum chief notes oil demand recovery in China
Oil consumption in China, the world's largest oil importer, has rebounded sharply after the lifting of anti-cookie measures. Sheikh Nawaf al-Sabah, CEO of Kuwait Petroleum Corp, said. "An accumulated demand has built up during the pandemic," he told Bloomberg TV. - Now that (China's) economy is opening up, we are
There is one "whale" behind the manipulation of the BTC price: the opinion of a finance professor
Professor John Griffin noticed back in 2017 that the price of bitcoin appeared to be backed by one "whale", and now he is seeing similar "red flags", Business Insider writes. The economics professor at the McComb School of Business at the University of Texas believes something fishy is happening in