Author: Admin

A woman and a baby look out of a window of a train in Kyiv, Ukraine. Future Publishing | Future Publishing | Getty ImagesFour years of war between Russia and Ukraine are beginning to take their toll on the countries’ demographics as the conflict puts women off — or prevents them — from starting or expanding their families. While the effects of that broad-based hesitancy to have children might not be immediately apparent, a decline in the birth rate can have far-reaching consequences for economies and societies further down the track.Since Russia’s full-scale invasion of Ukraine began on Feb. 24,…

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There are a couple to take note of on the day, as highlighted in bold below.The first being a modest-sized one for EUR/USD at the 1.1765 level. It isn’t one that ties to any technical significance, so the impact of the expiries is likely to be less pronounced. If anything, it could just act as a mini-magnet in holding price action in European morning trade amid the lack of other key risk events during the session.But with the pair lingering below its key hourly moving averages since overnight trading, sellers are in near-term control. And that should see price action…

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(RTTNews) – Edenred (EDEN.PA) reported fiscal 2025 net profit, Group share, of 521 million euros, up 2.8% from last year. Earnings per share, Group share, was 2.18 euros per share, up 5.7% from 2.07 euros. Adjusted net profit, Group share, was 617 million euros, compared with 578 million euros. Adjusted earnings per share, Group share, was 2.59 euros per share, a rise of 10.0% from 2.35 euros per share. EBITDA was 1.36 billion euros, up 11.2% like-for-like and 7.5% as reported. Operating EBITDA was 1.13 billion euros, up 13.7% like-for-like. Total revenue was 2.96 billion euros, up 5.7% like-for-like and…

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FOX Business host Larry Kudlow discusses the ramifications of the Supreme Court striking down the president’s tariffs on ‘Kudlow.’ FedEx sued the U.S. government Monday, seeking a full refund of tariffs assessed under President Donald Trump’s order targeting imports. The lawsuit is one of the highest-profile moves by a major American company following the Supreme Court’s 6-3 ruling Friday, which determined that the president did not have the authority under the International Emergency Economic Powers Act (IEEPA) to impose such tariffs.The complaint, filed against the government and U.S. Customs and Border Protection (CBP) in the Court of International Trade, alleges…

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A major Bitcoin miner just wiped its balance sheet clean.Bitdeer has reduced its corporate Bitcoin holdings to zero, selling both newly mined coins and reserves accumulated over the past months. The move caps an eight-week drawdown that began in late December, when the company still held over 2,000 BTC. By mid-February, reserves had slipped below 1,000 BTC before the final liquidation pushed holdings to zero.Source: BitdeerIn January, the company mined 668 BTC but sold over 1,100 BTC. It has now shifted to selling newly mined coins the same week, moving away from the old treasury hold strategy.At the same time,…

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How did Michael Burry Gain Prominence?Michael Burry is best-known for being the inspiration behind the famous actor Christian Bale’s character in the Hollywood smash hit movie “The Big Short.” Burry’s claim to fame is that he made roughly $100 million in personal profit and $700 million for his investors in his Scion Capital hedge fund by correctly predicting the 2008 Subprime Mortgage Crisis and stock market crash.Michael Burry’s Recent Performance is InconsistentTo Burry’s credit, most investors will never make $100 million, let alone $10 million. Nevertheless, Burry’s performance since his 2008 windfall bet on credit default swaps has been lackluster.…

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Mashreq, a leading financial institution in the MENA region, has announced the launch of a new cross-border banking service aimed specifically at its UAE-based Pakistani customers.For the first time in the UAE, Pakistani nationals living in the Emirates who already hold a Mashreq UAE account can now open an account with Mashreq Pakistan entirely remotely. The service is managed fully through the Mashreq UAE mobile app.Eliminating cross-border frictionThe new digital service replaces the traditional manual account-opening process. It eliminates the need for physical documents or the requirement for expatriates to make in-person visits to branches back in Pakistan, creating a…

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