Crypto Winter: A HODLer’s Tale The Sun Shines for Crypto Traders Embracing the Volatility As the crypto winter persists, HODLers cling to their digital assets, waiting for the storm to pass. But for crypto traders, the sun is shining brighter than ever. Recently, a staggering $2 billion in orders flooded in to Titan FX, showcasing…
The Growing Trend of Health-Tracking Toys for Children Introduction Children as well as parents are choosing to purchase health-tracking toys owing to the increased focus on healthcare. According to Transparency Market Research Inc., the global smart toys market was estimated to have acquired US$12.4 billion in 2020 and is anticipated to register an 18.32% CAGR…
Budget Shortfalls Impede Destruction of Fake Goods at UNBS The Committee on Commissions, Statutory Authorities & State Enterprises (COSASE) has appealed to the Ministry of Finance, Planning and Economic Development to allocate funds to Uganda National Bureau of Standards (UNBS) for destroying substandard goods in the market. The committee in its report presented by Hon….
BoJ’s regional economic report unveils broadest upgrade since July 2022 The Regional Economic Report Upgrade In the Regional Economic Report released today, the Bank of Japan (BoJ) upgraded the economic assessment for six regions, marking the most substantial uplift since July 2022. The regions experiencing this optimistic revision include Hokkaido, Tohoku, Hokuriku, Kanto-Koshinetsu, Chugoku, and…
President Biden’s Support for Israel and Ukraine Introduction President Biden returned to Washington, D.C., early Thursday after his wartime trip to Israel, reaffirming U.S. support for one of its closest allies at war. Mr. Biden said he was “blunt” with Israeli Prime Minister Benjamin Netanyahu about the need to provide aid to Palestinians. The White…
The increasing demand for electric vehicles and the growing necessity for tires with reduced rolling resistance will contribute to the expansion of the European automotive industry Newark, Del, Oct. 19, 2023 (GLOBE NEWSWIRE) — As per Future Market Insights (FMI), the Europe automotive tire industry value is projected to rise from US$ 68.4 billion in…
Minister Anite Applauds Stanbic Bank’s Empowerment of Women-Led Enterprises Uganda’s State Minister of Finance for Investment and Privatization, Evelyn Anite has showered Stanbic Bank with accolades, heralding their unparalleled support for and elevation of women entrepreneurship in Uganda. Anite, the relentless champion of women’s empowerment, lauded the bank’s distinguished feats in uplifting women during the…
Intervening in the FX Market: Words vs. Actions Introduction Recently, there has been a lot of talk about intervention in the foreign exchange (FX) market. The idea of intervening in the market to stabilize currencies and prevent excessive movements has been a topic of discussion among policymakers and analysts. However, there seems to be a…
