The recent violent protests in France against the far-right National Rally have brought attention to the rising nationalist sentiment in the country. Hundreds of thousands of demonstrators took to the streets to express their discontent with party figurehead Marine Le Pen and President Jordan Bardella. The unrest, marked by the deployment of tear gas by
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In January, the much-anticipated bitcoin exchange traded funds were finally launched, marking a significant milestone in the world of finance. BlackRock’s Samara Cohen shared insights on the gradual adoption of these ETFs by financial advisors during the Coinbase State of Crypto Summit in New York City. Interestingly, she noted that a majority of the purchases
In a market where concentration risk is a growing concern, investors are turning towards value-oriented investments for a more balanced portfolio. According to Avantis Investors chief investment strategist Phil McInnis, the key lies in adopting a diversified approach rather than relying solely on index funds like the S&P 500. McInnis believes that his firm’s exchange-traded
The week has been a rollercoaster for European stocks, with the Stoxx 600 index opening higher but ultimately plummeting by 0.9% in London. This downward trend marks one of the worst weeks of the year for the regional benchmark. French stocks took a particularly hard hit, dropping by 2.25%, as investors remain on edge about
In recent years, the financial technology industry has undergone a significant transformation, with industry experts and investors suggesting that the sector has hit a “bottom.” At the Money20/20 event in Amsterdam, executives and investors expressed optimism about the industry’s outlook, pointing to a correction in valuations from the unsustainable highs of 2020 and 2021. This
Recent reports from Bloomberg suggest that the U.S. government is contemplating further restrictions on China’s access to critical chip technology necessary for artificial intelligence applications. The proposed actions would specifically focus on high-tech chip architecture known as gate all-around (GAA). This type of transistor architecture has the potential to significantly enhance performance and reduce power
Singapore is on track to become a significant gold hub, according to the World Gold Council. The shift in global gold trading towards the east is one of the key reasons driving this move. With gold consumption on the rise in major emerging markets, particularly in Asia, Singapore is strategically positioned to capitalize on this
The European Union election results were a wake-up call for German Chancellor Olaf Scholz, as the far-right party AfD made significant gains despite facing numerous scandals. The AfD secured an impressive 15.9% of the vote in the preliminary results, surpassing Scholz’s SPD and its coalition partners – the Greens and the FDP, who saw a
The European Union elections are a crucial event that takes place every five years, involving millions of eligible voters across the 27 member countries. The latest election, with 720 members of the European Parliament (MEPs) up for grabs, presents an opportunity for citizens to choose representatives who will advocate for their interests at the EU
Norway’s $1.7 trillion sovereign wealth fund has announced its decision to vote against ratifying Tesla CEO Elon Musk’s $56 billion pay package. This move comes after a Delaware judge invalidated the package earlier this year, deeming it unfair to shareholders. Despite acknowledging the significant value generated under Mr. Musk’s leadership since the grant date in