A Significant Increase in Crime in The Bahamas and Jamaica Travel Advisory Warnings A significant increase in crime in The Bahamas and Jamaica has led the U.S. State Department to issue travel advisory warnings for the two Caribbean destinations. In the past week, the State Department has warned U.S. citizens to exercise “increased caution” when…
Market Analysis: The Impact of Inflation on Equities A Changing Landscape This is a somewhat familiar refrain from JPMorgan analyst Marko Kolanovic. It’s difficult to argue that he is wrong, but buyers of equities don’t care. Goldman Sachs, for example, has stated that this has been one of the most powerful short-cycle rallies we’ve ever…
Bitcoin Surges Above $43k as ETF Inflows Outpace Sell Pressure The Rise of Bitcoin Bitcoin (BTC) has made a striking recovery, climbing above the $43,000 mark on Jan. 29, as market dynamics hint at a resurgence in investor confidence. The leading cryptocurrency experienced this surge amidst a landscape where exchange-traded fund (ETF) inflows show signs…
Pixxel Appoints William McCombe as New CFO LOS ANGELES & BENGALURU, India–(BUSINESS WIRE) Introduction: Pixxel, a leader in innovative hyperspectral earth-imaging technology, has announced the appointment of William McCombe as its new Chief Financial Officer. William brings with him extensive experience as a CFO at various space and technology hardware companies, with his most notable…
The Potential Restart of Bitcoin’s Bullish Trend Grayscale’s Resumed Selling Spree In the third week of January, Bitcoin (BTC) demonstrated a modest 3% price recovery, following increased selling pressure exerted by asset manager Grayscale since January 12. Interestingly, there are indications that this selling pressure is now diminishing, pointing towards a potential restart of the…
What’s Happening with Oil in Venezuela? A Look at the Recent Developments Understanding the Impact on Oil Supply and Prices Last year, the US made a deal with Venezuela to drop sanctions through mid-April if free elections were held in the country. Venezuela, in turn, expressed hopes of boosting oil production to 1 million barrels…
The recent Bitcoin outflows: What’s the deal? Money, money, money So, you may have heard about the recent Bitcoin outflows in the crypto market. Apparently, there were net outflows of a whopping $500 million last week. That’s a whole lot of money floating around in the digital asset investment realm. The main culprit behind these…
Ramathan Ggoobi Directs Statutory Bodies to Align Expenditures with Government Priorities Background Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury at the Ministry of Finance, has recently issued a directive to government statutory bodies urging them to align their expenditures with national priorities. This directive comes in response to public outcry over the…
