Friendly RI – China Dare to Leave the US Dollar, This is the Proof!

Friendly RI – China Dare to Leave the US Dollar, This is the Proof!

Jakarta, CNBC Indonesia – Indonesia and China are increasingly compact in leaving the United States (US) dollar in their bilateral cooperation transactions. Both agreed to use local currency or Local Currency Settlement (LCS), both rupiah and yuan. This is reflected in the value of transactions between Indonesia and China using the LCS which has reached … Read more

Bitcoin loses to the competition. Wealth retains other cryptocurrencies better, as they fall more slowly

Bitcoin loses to the competition.  Wealth retains other cryptocurrencies better, as they fall more slowly

“With the growing legitimacy of cryptoactive assets, we are facing a certain shift in the investor paradigm. Bitcoin has long remained the preferred choice for institutional investors in particular, thanks to its developed investment infrastructure. However, over time, potential buyers are beginning to look at individual cryptocurrencies from the point of view of their real … Read more

The merger of Nvidia and ARM probably won’t work. China, the EU and the USA are afraid of him

The merger of Nvidia and ARM probably won’t work.  China, the EU and the USA are afraid of him

Authorities in the European Union, the United Kingdom, the United States and China fear that the merger of ARM and Nvidia will create a dominant semiconductor player. Nvidia has long dominated the graphics chip and PC market. Thanks to the growth of fields such as artificial intelligence, it is also gaining a position in servers, … Read more

The pandemic is driving investors out of Central Europe. The crown is collapsing

The pandemic is driving investors out of Central Europe.  The crown is collapsing

“Reports of renewed economic closures in Austria and the continuing explosion of epidemic statistics in other Central European countries have frightened investors so much that they have given up the region and fled to safety,” explains Raiffeisenbank analyst Vít Hradil. “In general, all currencies in Central Europe are weakening, including the koruna. This caused the … Read more

Electric Rivian also ran a Ford. Although it still offers the only model that only a few customers have taken over Business

ŠITNER: Carmakers among millstones. Electric cars are partly a virtue of need This is slightly less than the Volkswagen Group, but more than, for example, Daimler, GM, Ford or BMW. Rivian’s value is even half that of the Stellantis group, which includes dozens of leading brands Peugeot, Citroën, Fiat, Maserati, Chrysler, Alfa Romeo, Lancia, Jeep, … Read more

Tesla’s shares continue to fall, and Elona Muska’s indiscriminate tweets were supposed to contribute to this

Tesla’s shares continue to fall, and Elona Muska’s indiscriminate tweets were supposed to contribute to this

Shares of the American carmaker Tesla continue to fall, from a high of over 1,240 dollars, where they found themselves at the beginning of November, they have already depreciated by about 20 percent. According to analysts, in addition to Musk’s planned sale of the company’s shares, his tweets, in which Musk spoke indiscriminately at the … Read more

Elon Musk sold another portion of Tesla’s shares for nearly $ 700 million

Elon Musk sold another portion of Tesla’s shares for nearly $ 700 million

The head of the American electric car manufacturer Tesla, Elon Musk, has sold another part of his shares in the company. According to two reports today for the US Securities and Exchange Commission (SEC), Musk sold a total of about 640,000 Tesla shares on Thursday for about $ 687 million (over 15 billion crowns), the … Read more

He got his promise. Musk sold Tesla shares for $ 5 billion

He got his promise.  Musk sold Tesla shares for $ 5 billion

Elon Musk sold about 4.5 million shares in Tesla and raised more than five billion dollars (ie 110 billion crowns). This follows from the company’s statements to the US Securities and Exchange Commission (SEC). Of the total, more than a billion dollars will go to the castle tax from stock options. This is Musk’s first … Read more

Magazine reports: Another dollar billionaire in China almost every day – economy

Magazine reports: Another dollar billionaire in China almost every day – economy

The number of the super-rich in China is increasing rapidly. (Symbol image) Photo: imago images / Frank Sorge / Photo via www.imago-images.de – — Has prosperity broken out in China? A new wealthy list published by a Shanghai magazine says dollar billionaires are joining them almost every day. – Shanghai – China has an extra … Read more

On the one hand, the sale of the Evergrande division collapsed, the company’s shares fell sharply

On the one hand, the sale of the Evergrande division collapsed, the company’s shares fell sharply

China Evergrande, whose total bonds exceed $ 300 billion (roughly 6.6 trillion K), has repeatedly failed to pay you for years with its bonds. There are concerns that a business failure could have repercussions on the financial system and the economy. According to the BBC server, the founder of the company Chuej Kcha-jen warned that … Read more