EU accuses Elon Musk of deceiving users and violating online content rules

EU accuses Elon Musk of deceiving users and violating online content rules

New problems to be solved Elon Musk. The European Commission has accused X, formerly Twitter, owned by a South African entrepreneur, of misleading users and violating digital content rules, putting the social media giant at risk of a huge fine. The Commission, the EU’s executive arm, launched an investigation last year into whether X violated … Read more

Schiff attacks Fed, wants return to gold standard

Schiff attacks Fed, wants return to gold standard

Peter Schiffa famous economist and sworn enemy Bitcoin, Criticized the role Federal Reserve  Managing inflation and promoting a return to the gold standard (a monetary system in which the value of a currency is tied to gold). His comments came as the Nobel laureate called for interest rate cuts. Paul Krugman. what happened Schiff talked … Read more

Goldman Sachs Asset Management focuses on megatrends

Goldman Sachs Asset Management focuses on megatrends

yes Trend Must drive Investment Strategy The second half of 2024 is riding on favorable winds of change, from digitalization to decarbonization. This was highlighted in the 2024 Mid-Year Outlook released by Goldman Sachs Asset Management to the media yesterday at a digital event. Big trends to watch In particular, as experts emphasize Goldman Sachs … Read more

Excessive deficit procedures for Italy and six other countries are progressing

Excessive deficit procedures for Italy and six other countries are progressing

BRUSSELS – The European Commission has sent its proposal to launch an excessive deficit procedure on a deficit-based basis to the European Council. Italy, Belgium, France, Hungary, Malta, Poland and Slovakia. To the next European Economic Council On July 16, ministers from the 27 countries were asked to approve each country’s specific proposals on adjustment … Read more

Amazon: Jeff Bezos sells $5 billion in stock

Amazon: Jeff Bezos sells  billion in stock

Founder of Amazon, Jeff Bezos will sell about $5 billion of the e-commerce giant’s shares. The news came yesterday, the same day that the Seattle giant’s stock price hit an all-time high. Bezos revealed in a filing with the U.S. Securities and Exchange Commission (SEC) that he intends to sell 25 million shares of Amazon … Read more

Managers blame social media: ‘A barrier to professional consultation’

Managers blame social media: ‘A barrier to professional consultation’

Asset managers and financial advisers are increasingly being influenced by social media posts and stock market news, making it harder for them to provide professional advice to clients. A global market survey highlights this Aotek Financea provider of risk and return management solutions for professional investors. The survey found that nearly all (95%) wealth managers … Read more

EU imposes tariffs on Chinese electric vehicles

EU imposes tariffs on Chinese electric vehicles

BRUSSELS – On the contrary, no step back Go all out to push for tariffs on Chinese electric vehicles. The European Commission has announced trade tariffs on all Chinese imports related to eco-quadricycles. It makes no difference whether it is a brand from the People’s Republic of China or a European brand that produces its … Read more