CategoryGlobal

Pegasus is undeniably behind the attack on press — Amnesty

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NSO said ‘list has nothing to do with us’ and report claimed Amnesty backtracked findings, but official statement says otherwise: ‘Data is irrefutably linked to potential targets of NSO’s Pegasus spyware’. “The list of 50,000 phone numbers has nothing to do with us,” the founder and CEO of the cyberespionage firm NSO Group told an Israeli financial daily on Wednesday. The comments by NSO’s...

Euro and pound are out for summer

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On Wednesday, the euro was still below $ 1.18 in a market that is concerned and risk-averse. This is due to the increasing incidence of coronavirus infections and the fear that the economic recovery will be more difficult. That is also the reason for the expected rise in British coronavirus infections, but within the Bank of England the monetary sound has become somewhat milder and that too is...

Israeli exports is expected to reach the record $120B in the this year

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Israel’s total exports of goods and services in 2020 reached $114 billion, a decline of just 1.5% compared to 2019 despite the coronavirus crisis , according to a report published on Monday by the Economy and Industry Ministry’s Foreign Trade Administration. In 2021, exports are expected to top $120b., an all-time record, the ministry said. “The clear conclusion is that exports are returning to...

China blocks investment linked to commodities to prevent a potentially hazardous rally

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Regulators in China have instructed banks not to sell investments linked to Commodity Futures to consumers. This was reported by Reuters news agency on Wednesday, based on sources. In doing so, regulators want to prevent consumers from suffering significant losses due to volatile commodity prices. China even wants banks to clean up their current order books to directly reduce private exposure to...

European currency shows recovery

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The euro / dollar makes up for last Friday’s loss. This concludes Monex Europe’s Currency Analyst Ima Sammani on Monday. “After having suffered from strong US Purchasing Managers’ data on Friday, the euro/dollar is running into losses again today, ” says Sammani. The Purchasing Managers Index for the US services sector rose from 64.7 in april to 70.1 this month. The...

ECB warns that the Euro zone economic is still fragile

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The financial stability of the euro area remains fragile. This was concluded by the European Central Bank on Wednesday in the Financial Stability Review in May. Interconnection between countries, banks and companies can pose a threat to financial stability, according to the ECB. A new coronavirus wave has slowed the recovery in the euro area and is weighing on the short-term economic outlook...

US job data is disappointing dollar holders

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On Monday, the euro notes just opposite the dollar, which continues to falter after a weak job report last Friday. On Friday afternoon, only 266,000 jobs were added in the United States in April, with rising unemployment. As a result, the dollar fell in value, so that the euro is now around the highest levels in a long time. On Monday, the coin was roughly unchanged at $ 1.2163. A cyber attack...

OPEC+ will keep prices more or less in range until 2022

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oil terminal

Oil cartel OPEC and its partner countries, gathered in OPEC+, are going to increase their production in the coming months, but the pace is not so great. This is what energy economist Hans van Cleef of ABN AMRO said to ABM Financial News. “Although oil production will increase in the coming months, this is happening at a slower pace than initially thought”, says Van Cleef. In addition...

VISA announces USDC native support widening the adoption of cryptocurrencies

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Credit card company Visa is going to allow the use of USD Coin to handle transactions on its payment network. With this, digital coins, of which bitcoin is the best-known, gain ground in further acceptance by regular financial institutions. Visa has started a trial with payment and Crypto.com and plans to offer the option to more partners later this year. The USD Coin (USDC) is a cryptocurrency...

Ever Given may (or may not) be released this night

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The owner of the Ever Given, the stalled container ship that has been blocking the Suez Canal for days, is hopeful that the 220,000-tonne vessel can be pulled off Saturday night. That’s what Yukito Higaki, president of the Ship Lease company Shoei Kisen Kaisha said in a press conference for Japanese media. Higaki explained that soil is extracted from under the ship with the help of dredging...

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