Black Swan author disputes fake shares on blockchain

Anticipating the 2008 financial crisis in his bestselling book Black Swan, author Nicholas Taleb does not “buy” the idea of ​​trading fake shares on the blockchain. He likened decentralized finance to ‘gambling by stock prices’. Taleb commented on his Twitter account, “Youth learning on Twitter should sit down with ‘traders sipping aged brandy’, shut up …

Trump takes social media to court

Making statements about the lawsuit at the golf club in New Jersey, Trump stated that he will be the sole plaintiff in the lawsuit, and three companies will be collectively defendants. “I am here this morning to announce a momentous development for our freedom and freedom of expression. I am filing a major class action …

Fed Minutes: Monetary policy will remain supportive

In the minutes of the Federal Open Market Committee (FOMC) meeting of the US Federal Reserve (Fed), dated June 15-16, it was emphasized that the monetary policy will remain supportive. The minutes stated, “The near-term outlook for inflation was significantly revised upwards. The Fed discussed how it could begin to reduce quantitative easing. Some members …

Asian stocks mostly slumped

Stocks in the Asia Pacific region were mixed in Thursday trading as Chinese tech companies listed in Hong Kong put pressure on regulations. Tencent shares traded in Hong Kong fell by more than 2.5 percent, while losses in Alibaba exceeded 2 percent, while Meituan shares fell close to 5 percent. The Hang Seng index fell …

Reserve reserve move from China

The Chinese government announced that it will reduce the bank reserve requirement ratio at appropriate periods to support the economy. The People’s Bank of China (PBOC) has been gradually reducing coronavirus support to reduce borrowing-related risks in the economy, keeping borrowing costs low and urging commercial banks to continue supporting small companies. At the cabinet …

Central Bank of Lebanon to pay for drug imports

In his written statement, Central Bank President Riyad Selame stated that they will pay the loans and invoices from banks related to the pharmaceutical industry in line with the priorities determined by the Ministry of Health. Selame pointed out that the loan in question, which will cover the import of products such as the pharmaceutical …

Tesla unveils cheap version of Model Y in China

Tesla introduced a cheaper version of the Model Y in China in an attempt to change the worsening consumer perception. It is stated on Tesla’s website that the Standard Range version of the new Model Y will be available starting from 276 thousand yuan ($ 42 thousand 600), and orders will begin to be taken …