One of the largest oil companies Exxon Mobil Corp. has begun preparations for a gradual shutdown of production at its oil refinery in Foz-sur-Mer in southern France due to a strike launched by trade unions, employees are demanding higher wages to cover inflation. Salary negotiations are scheduled for September. The unions want the management to also commit to paying the ...
The pound/dollar pair is traded on an hourly chart within the framework of a downtrend. It shows that the euro/dollar exchange rate is trading below the level of the moving average with a period of 55 on the hourly chart (the level of 1.2149), which disposes to lower prices in the short term. I recommend working from sales within the framework of this wave model.The ...
The euro/dollar pair is traded on an hourly chart within the framework of an uptrend. It shows that the euro/dollar exchange rate is trading above the level of the moving average with a period of 55 on the hourly chart (level 1.0452), which disposes to a price increase in the short term. I recommend working from sales within the framework of this wave model.The ...
Technology corporation Meta Platforms expects that the second half of the year will become more difficult, as the company faces macroeconomic pressures and problems with data privacy in the advertising segment. The company's management believes that in difficult times, Meta should prioritize more ruthlessly and work flawlessly in conditions of slower growth, when you ...
The "pearl in the crown of Switzerland" and one of the richest banks in the country, Credit Suisse, is again at the center of a scandal: the company was fined 2 million francs for legalizing the proceeds from international cocaine trafficking.As it turned out, the capital of the Bulgarian mafia was stored in Credit Suisse. From 2004 to 2008, the bank conducted ...
The Nasdaq Composite index has already lost more than 30% since the beginning of the year. And according to Alan Greenspan, the iconic chairman of the Fed, if the stock market falls by 30-40% in a few weeks or months, then it's a bubble.So, what's in our yard? Maybe this is the dotcom 2.0 crisis?The Dotcom Bubble in 2000: How the market collapsed 20 years ...
In 2019, the "sub-sanctioned" Iran began to increase oil supplies in circumvention of sanctions. Mostly tankers went to China and the Mediterranean: Syria and Turkey. And by the beginning of 2022, the fleet for transporting sanctioned Iranian and Venezuelan oil had tripled. It accounted for approximately 400 million barrels per year. And such a "ghost armada" successfully ...
Today, on June 9, Ethereum developers informed the community about the successful merger of the oldest Ethereum Ropsten test network using the Proof-of-Work algorithm with the Beacon test network using the Proof-of-Stake consensus algorithm, which was one of the final test steps before the full update of the Ethereum 2.0 network.Repeated testing of the chain with ...
