Winston Churchill’s slogan “Keep Buggering On” became a national catchphrase during the Second World War. Duncan Weldon from The Economist highlights key themes from his brisk history of Britain’s economy since the industrial revolution, taking in everything from the South Sea Bubble to the impact of the financial crisis. According to Weldon the same issues…
Bitcoin fell below $30, 000 for the first time in five months on Tuesday, nearly wiping of world’s largest crypto currency’s entire 2021 gain. Bitcoin fell in recent weeks after Tesla CEO Elon Musk’s flagged energy usage fro crypto mining and China ‘s crop down of Bitcoin mining operations. Bitcoin has dropped 50 per cent…
Hundred years after its publication, Kurt Godel’s famous proof that every mathematical system must contain propositions that are true – yet never provable – continues to unsettle mathematics, philosophy, and computer science. Godel’s work was to mark a decisive turning point for the history of mathematics and, possibly, the future of artificial intelligence. In 1900,…
Seventy one per cent of Americans believe the economy is rigged in favour of the rich starting with tax code. Former BlackRock executive Morris Pearl, the millionaire chair of the Patriotic Millionaires and Erica Payne, the organization’s founder, reveals and engaging and enlightening insider’s tour of th nations tax code, explaining how “the rich” manipulate…
Crackdown on the use of cryptocurrencies which have soared this year by Chinese regulators triggered chaotic trading in cryptocurrency markets. Bitcoin’s prices tumbled by 30 per cent with frequent rapid lurches lower, before clawing back its losses to less than 8 per cent. Ethereum, one of best performing cryptocurrencies in the past month, lost quarter…
Neil Woodford dubbed by BBC as Britain’s own Warren Buffett, and “the man who can’t stop making money”, whose funds are built on a lie, which is that you can have daily liquidity for assets that are fundamentally not liquid, leading to an expectation of individuals that it’s not that different to having money…
The former Bank governor and now the UN special envoy for climate finance, Mark Carney focuses on the global financial system and corporate governance, along with climate change. Carney’s detailed account of money and finance, where we get tantalising glimpses of life as a central banker – gilt chairs at a G20 summit in Riyadh…
Bitcoin, the cryptocurrency, passed above £43, 100 ( $60, 000) for the first time as it has more than tripled in value since the end of last year powered by well-known companies adopting it as a method of payment. Bitcoin’s total market value exceeded $1tn, although it had wild price swings and has fallen sharply…
Stefan Thomas, the programmer who forgot his password and tried eight times with only two attempts left which will let him unlock a hard drive containing £175m ( $240m) worth of Bitcoins. An Ex-Facebook security head Alex Stamos offered to help for a 10 per cent cut. Mr, Thomas who was born in Germany, but…