economic crisis

#BitcoinForBeirut Seeks Sound Money To Help City’s Explosion Victims

Source Node: https://bitcoinmagazine.com/articles/bitcoinforbeirut-seeks-sound-money-to-help-citys-explosion-victims?utm_source=rss&utm_medium=rss&utm_campaign=bitcoinforbeirut-seeks-sound-money-to-help-citys-explosion-victims
Time Stamp: August 18, 2020 4:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

On August 4, news of major explosions at the port of Beirut spread around the world, along with astounding videos and images. It quickly became apparent that the damage was extensive and that many in Beirut had been killed, injured or had become casualties of extensive property damage.And the tragedy came at a precipitous time for those in Beirut. A years-long economic crisis and the strains caused by the novel coronavirus in Lebanon have resulted in skyrocketing exchange rates, widespread distrust of banks and a rising interest in alternatives like

Economic Crisis Leaves US Government Officials in State of Confusion

Source Node: https://beincrypto.com/economic-crisis-leaves-us-government-officials-in-state-of-confusion/
Time Stamp: August 9, 2020 1:20 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The continuing economic trauma from the COVID-19 crisis has left US government officials in a state of confusion. While some argue for opening the economy, others are advocating for a complete shutdown. The lack of clear economic policy direction is becoming more and more apparent as the crisis unfolds. The difficulty appears to be the potential impact of another shutdown weighed against the continued economic stagnation from partial closures. US Economy Bleeding Out The Federal Reserve Bank of Minneapolis President Neel Kashkari is on the side of complete closure. In