While El Salvador’s new bitcoin-linked bond may be one of the highest-yielding fixed-income instruments globally, it might turn out to be riskier than the country’s outstanding government bonds, which are already categorized as junk-grade.Some experts said the new offering might struggle to attract investors, especially because the bond appears to pay interest at a lower…
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El Salvador’s dollar debt dives on Bitcoin bond plans
El Salvador’s dollar-denominated bonds have fallen to an all-time low as the Central American nation’s debt started trading in “distressed territory” this week. El Salvador’s USD bonds fell to 64.4 cents to the dollar on Monday, Nov.22, following the weekend news that the Central American country would use Bitcoin (BTC) bonds to fund its Bitcoin…
IMF Report On El Salvador Is Positive… Except For Everything Bitcoin-Related
In a current report, the IMF applauds the method El Salvador managed the COVID-19 scenario and reveals their economy grew 10% in 2021.The International Monetary Fund likewise acknowledges El Salvador’s Federal Government efforts to decrease criminal offense, “diversify the energy matrix, foster financial diversity, and improve monetary addition.” Nevertheless, when it pertains to Bitcoin ,…
Indian government set to ban cryptocurrencies
Indian government set to ban cryptocurrencies Published 1 day ago Image source, Reuters India is set to go ahead with its plan to ban most cryptocurrencies in the country under a long-awaited bill. Expectations had grown in recent months that the government may soften its view on digital currencies. The ban would relate to all…
NFT beats cheugy to be Collins Dictionary’s word of the year | Books | The Guardian
In a year that has seen the musician Grimes sell a collection of digital artworks for almost $6m (£4.4m), and the original photo behind the 2005 Disaster Girl meme go for $473,000 (£354,000), Collins Dictionary has made NFT its word of the year. The abbreviation of non-fungible token has seen a “meteoric” rise in usage…
Over 50% Indians don’t want cryptocurrencies to be legalised: Survey – Times of India
The RBI is primarily concerned about cryptocurrencies for its potential threat to the rupee NEW DELHI: Seventy one per cent of Indians have low or zero trust in cryptocurrencies while over one in two Indians do not want cryptocurrencies legalised in the country but for RBI to roll out India’s own digital currency , according…
Hillary Clinton hits Americans as gullible, says they don’t ‘appreciate’ Biden accomplishments
Failed Democratic presidential candidate Hillary Clinton on Tuesday praised the legislative accomplishments of President Biden while appearing to claim that everyday Americans didn’t understand or “appreciate” them.During an appearance on MSNBC’s “The Rachel Maddow Show,” Clinton complained about the successful “exploiting” of social media misinformation by Republicans, blaming the lack of “gatekeepers” and “people with…
Opinion | Be thankful that sanity has returned to America — for now – The Washington Post
Did you see what President Biden tweeted?(Probably not, because they were earnest missives about booster shots and preschool access .) Did you hear about the latest chaos at the White House?(Doubtful, because turnover is low.)Can you believe he insulted the chancellor of Germany and shoved the prime minister of Montenegro?(No, because we all know Biden…
Covid: Europe region faces 700,000 more deaths by March – WHO – BBC News
Covid: Europe region faces 700,000 more deaths by March – WHO Published 1 day ago Image source, Reuters Image caption, The WHO said it expected “high or extreme stress” in intensive care units in 49 countries of its Europe region in March A further 700,000 people could die of Covid by March in Europe and…
Man Utd hold initial talks with Valverde over interim role
Manchester United have held initial talks with Ernesto Valverde as they continue their search for an interim manager to take charge until the end of the season. Valverde is one of a number of potential candidates to have spoken with United, and it is understood that other prominent managers are in the frame for the…