Author: IA PressRoom

Argentina’s presidential election may determine if the country adopts the dollar as its own currency. But a top analyst said that is unlikely to happen due to nationalism around its currency. Several other countries, including Panama and Zimbabwe, have adopted the greenback. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Argentina’s presidential election may determine if the country adopts the US dollar as its own currency, potentially becoming the biggest economy to do so.It’s a notable contrast with the de-dollarization trend among countries trying…

EU energy ministers have railed against an effort by Poland to extend subsidies for coal power plants until 2028 as they gather to agree an overhaul of the bloc’s energy market.Sweden, which at present chairs the EU’s rotating presidency, has allowed an exemption to be added to a reform of the bloc’s energy market at the request of Warsaw. This exemption would permit coal power plants to receive state support for providing a steady flow of energy when other forms of energy were not available — a move that was promptly criticised by multiple ministers.Claude Turmes, Luxembourg’s energy minister, described…

© Reuters. FILE PHOTO: The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, April 26, 2018. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – Euro zone inflation is at risk of overshooting recently lifted forecasts and the European Central Bank should err on the side of raising rates too much rather than too little, ECB board member Isabel Schnabel said on Monday. “We need to remain highly data-dependent and err on the side of doing too much rather than too little,” Schnabel said in a speech just days after the ECB raised rates for the…

© Reuters. FILE PHOTO: A Volocopter 2X drone taxi performs an integrated flight in conventional air traffic at Pontoise airfield in Cormeilles-en-Vexin, near Paris, France, November 10, 2022. REUTERS/Benoit Tessier/File Photo By Allison Lampert, Joanna Plucinska and Maiya Keidan PARIS/TORONTO (Reuters) – A year ahead of the Paris Olympics, flying taxi maker Volocopter wants to prove to executives at the Paris Airshow it is on track to ferry customers around the sporting showcase and take off globally. The world’s largest air show tends to focus on military and commercial planes. But electric vertical takeoff and landing (eVTOL) aircraft makers are…

© Reuters. FILE PHOTO: Pope Francis leads the Angelus prayer from his window at the Vatican, June 18, 2023. REUTERS/Yara Nardi/File Photo VATICAN CITY (Reuters) – U.S. climate envoy John Kerry met Pope Francis on Monday, the first official to have a private audience with him since his discharge from hospital, and told Reuters that he found the pontiff “in great spirits and in great form”. Francis, 86, left Rome’s Gemelli hospital on Friday, nine days after surgery to repair an abdominal hernia. “He was in great spirits and great form … I was really amazed. He embraced a lot…

Intel Corp. has followed up plans for new factories in Poland and Israel, with the go-ahead for a chip facility in eastern Germany, for which it will get €10 billion ($10.9 billion) in subsidies from that government. That’s according to multiple press reports which add that a signing ceremony will take place on Monday afternoon between German Chancellor Olaf Scholz and Pat Gelsinger, Intel’s chief executive officer. MarketWatch has reached out to the German government and Intel for comment. Intel INTC, +1.54% shares have climbed 38% this year, as semiconductor stocks SOX, -0.94% have rallied. A plant originally planned for…

Hannity: The new year brings new Biden taxes ‘The Five’ co-host Jessica Tarlov joins the ‘Hannity Hot Seat’ and reacts to McCarthy’s speakership bid and President Biden’s tax hikes heading into the new year on ‘Hannity.’ A conservative watchdog group is launching an investigation into the Internal Revenue Service (IRS) for building a government-run tax filing program that critics argue would give the agency too much power.The American Accountability Foundation (AAF) is making public records requests, first obtained by Fox News Digital, seeking communications and other documents from the IRS and the Office of Management and Budget concerning the creation of…

Thomas A. James: Chairman Emeritus of Raymond James Financial, Inc.’s Board of Directors and a current member of the Board.Raymond James Tom James built Raymond James Financial into a regional brokerage and banking powerhouse, now encompassing $1.25 trillion in assets. After sixty years of successfully navigating bull and bear markets, the octogenarian shares his investment wisdom. Born in Sandusky, Ohio but a Floridian from the age of three, Tom James excelled as a student at St. Petersburg High School and matriculated at Harvard. He graduated magna cum laude in 1964 and from Harvard Business School in 1966, where he was…

I’ve made $500,000 selling my knowledge since 2020 on part-time hours.Jen Yuson Photography Recently, 59% of small businesses reported being in fair or poor financial condition, according to the Federal Reserve Banks’ Small Business Credit Survey. Despite the economic environment, my financial education company just crossed more than $500,000 in revenue with upgraded services I originally offered for free. Here are five tips to help you start monetizing your knowledge as a side hustle. 1. Pick Just One Social Media Platform And Double Down The average American spends about 145 minutes on social media every day. I coach a lot…

Power and Progress: Our Thousand Year Struggle over Technology and Prosperity by Daron Acemoglu and Simon Johnson (Basic Books/PublicAffairs)Listen to the technorati of Silicon Valley and you would believe the future is already written in computer code, if not the stars. In this sweeping and compelling book, two MIT professors reject any notion of technological determinism and explore how countries can shape technology to create more humane societies. The Battle for Your Brain: Defending the Right to Think Freely in the Age of Neurotechnology by Nita A Farahany (St Martin’s Press)Recent advances in neurotechnology are bringing much-needed relief to stroke…