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Service Sector Also Impacted By Negative Affects Of Trumponomics (#GotBitcoin?)

According to the WTO, that points to “a loss of momentum in world services trade,” although it added that cross-border sales of services were likely to hold up better than sales of goods. The WTO said trade in services had already slowed sharply in the first three months of 2019,…

Global Debt History

Imagine if one day your debt piled so high you owed more than three times your income.  Global Debt History For an individual, it’s a nightmare scenario. Unimaginable. For countries, it’s simply how the economy works. Financial obligations are stacking higher each year, and global debt history shows us a worrying statistic…

Junk Debt Sends Early Warning Signals (#GotBitcoin?)

Distressed ratio in high-yield bonds rose to three-year high in August. Junk Debt Sends Early Warning Signals (#GotBitcoin?) Warning signals are starting to flash in the market for junk debt, an indicator that investors are worried that companies with high debt loads could be at risk even if the U.S.…

Justice Department Considering Guidance On Companies ‘Inability-To-Pay’ Claims (#GotBitcoin?)

The department may issue guidance that prosecutors can use when companies claim they are unable to pay a proposed criminal fine. Justice Department Considering Guidance On Companies ‘Inability-To-Pay’ Claims (#GotBitcoin?) The U.S. Justice Department may issue guidance for federal prosecutors to use when companies claim they are unable to pay…

Bitcoin.com Looks To List BCH Futures On CFTC-Approved Exchange (#GotBitcoin?)

Bitcoin.com is in talks to list a bitcoin cash (BCH) futures contract on a regulated exchange, according to David Shin, head of the company’s exchange division. Bitcoin.com Looks To List BCH Futures On CFTC-Approved Exchange (#GotBitcoin?) In an interview with Bloomberg, the Singapore-based Shin said he had early talks to…

Crypto Mining Supply Fails To Meet Market Demand In Q2: TokenInsight

The supply of crypto mining machines failed to meet market demand in Q2 2019 despite the surge of mining hardware prices, new research says. Crypto Mining Supply Fails To Meet Market Demand In Q2: TokenInsight Popular Suppliers Ran Out Of Stock In Q2 Bitcoin (BTC) miner market saw significant inflation…

$2 Billion Lost In Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims (#GotBitcoin)

Moscow-based law firm ZP Legal claims to have identified Russian nationals who received bitcoin stolen in the 2014 hack of Mt Gox. $2 Billion Lost In Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims (#GotBitcoin) The Takeaway: Local law enforcement is investigating Alexander Vinnik, the alleged operator of the…

Race To The Bottom As Japan Considers Deeper Negative Rates After ECB Cut. US To Follow (#GotBitcoin?)

The Bank of Japan is starting to think about easing options in more detail. Race To The Bottom As Japan Considers Deeper Negative Rates After ECB Cut. US To Follow (#GotBitcoin?) The Bank of Japan is growing more open to the idea of cutting short-term interest rates deeper into negative…

Trump: The Best President Russian Money Can Buy

Trump “Accidentally” Leaks Classified Information To Russians Causing CIA To Extract High-Level Spy! Trump: The Best President Russian Money Can Buy [caption id="attachment_13310" align="aligncenter" width="600"] The President Met Senior Russian Officials, Including Foreign Minister Sergei Lavrov, In The White House In May 2017[/caption] The move brought to an end the…

Economists Don’t See Path To 3% Growth In 2019 (#GotBitcoin?)

Forecasters in survey expect GDP will increase 2.2%, falling short of Trump’s goal. Economists Don’t See Path To 3% Growth In 2019 (#GotBitcoin?) The Trump administration’s goal of achieving economic growth of 3% or better is looking increasingly remote this year, according to forecasters surveyed by The Wall Street Journal.…

U.S. Deficit Tops And Stays Above $1.9 Trillion

The deficit, up 19% compared with a year ago, has exceeded $1 trillion for the first time since 2012. U.S. Deficit Tops And Stays Above $1.9 Trillion The U.S. budget gap widened to more than $1 trillion in the first 11 months of the fiscal year, the Treasury Department said…

California Passes Landmark Bill Requiring Contract Workers To Be Labeled As Employees (#GotBitcoin)

Despite objections from Uber and Lyft, Gov. Gavin Newsom has said he would sign labor bill that could reshape the gig economy. California Passes Landmark Bill Requiring Contract Workers To Be Labeled As Employees (#GotBitcoin) California passed landmark employment legislation that challenges the business model of such “gig-economy” companies as…