BWT Alpine F1 Team has announced a new partnership with FVP Trade, an award-winning financial services provider specialising in Forex and CFD trading.   Operating in 52 countries, FVP Trade is reshaping the trading industry for its partners and clients. It is committed to understanding and educating them while connecting them globally with a transparent […]

China’s economy won’t be snapping back quickly from the latest Covid outbreak, many economists predict. Instead, they expect a slow recovery ahead. When the pandemic first hit in 2020, China bounced back from a first-quarter contraction to grow in the second quarter. This year, the country faces a far more transmissible virus variant, overall weaker […]

This year, India recorded the highest temperatures for March in 122 years, while Pakistan recorded its hottest April ever. Normally, such a phenomenon would occur once in 312 years, according to the study by the UK Met Office. However, because of climate change, such extreme weather events can now be expected every 3.1 years. By […]

TerraUSD, an “algorithmic” stablecoin that’s meant to be pegged one-to-one with the dollar, plunged below $1 this week. Tether, the world’s biggest stablecoin, also temporarily “broke the buck” on Thursday. U.S. Treasury Secretary Janet Yellen has urged Congress to approve federal regulation of stablecoins. Regulators are getting increasingly worried about stablecoins after the collapse of […]

Selling crypto can obviously trigger taxes, but even buying something using crypto, for example, a house, a car, a new suit, can also trigger taxes. Even paying taxes in crypto can trigger taxes. The tax paradox started when the IRS ruled that cryptocurrency is a property in Notice 2014-21. That classification has some big tax […]

Binance CEO Changpeng “CZ” Zhao said “the tide is definitely turning” on crypto regulation, with governments beginning to take a more positive approach to the sector. The U.S. and Britain have both announced moves to bring regulatory oversight to the nascent crypto market. Governments want to foster innovation — but they’re also cautious about the […]