Greenland is experiencing a sharp rise in international visitors, fuelled by a mix of geopolitical attention from the US and significant infrastructure upgrades. The opening of a new airport in the capital Nuuk in November 2024 has coincided with a 14% year-on-year increase in passengers on international flights to the…
US equities have slumped in the past few weeks, with the S&P 500 index plunging by about 7.65% from its highest point this year. The popular Nasdaq 100 index, which tracks the biggest technology companies, has moved into a correction by falling by over 10% from the year-to-date high. This…
The JPMorgan Nasdaq Equity Premium Income (JEPQ) ETF is doing relatively well this year in terms of inflows and total returns. It has brought in over $3.5 billion in total inflows as investors continued looking for its yield. Its inflows in January stood at $1.6 billion, followed by $1.3 billion…
When Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik were riding a bus to their Israeli army base nearly a decade ago, they weren’t just swapping stories. They were shaping what would become one of the biggest exits in venture capital history.What started as a conversation among four Unit…
The Bank of Russia held its key interest rate at 21% on Friday, as expected, and signaled that further hikes remain a possibility if inflation does not decline fast enough.The central bank cited high but easing inflationary pressures, emphasizing that current monetary conditions are necessary to bring inflation down to…
The US Treasury Department on Friday lifted economic sanctions against Tornado Cash, a cryptocurrency mixing service that had been accused of enabling illicit financial activities, including money laundering for North Korean hackers. The move follows a legal challenge from cryptocurrency advocates and a court ruling that found the sanctions exceeded…
In a key policy statement on Friday, President Donald Trump reaffirmed his commitment to reciprocal tariffs while hinting at potential “flexibility” in their implementation. Despite mounting requests for exemptions, Trump maintained that his administration would consistently enforce the tariffs, signaling a firm stance on trade while leaving room for strategic…
This morning, I was meant to be on my way to Heathrow Airport, bags packed and boarding pass ready for a 9:30 AM British Airways flight to Mumbai. I’d just opened the Bolt app to book my ride when a news alert stopped me cold: Heathrow, Europe’s busiest airport, was…
During his campaign, presidential candidate Donald Trump has put forward a proposition that could drastically alter the financial landscape for millions of Americans: the elimination of taxes on tips. While the concept of allowing service workers to keep more of their earnings sounds appealing on the surface, economists and policy…
Greenland is experiencing a sharp rise in international visitors, fuelled by a mix of geopolitical attention from the US and significant infrastructure upgrades. The opening of a new airport in the capital Nuuk in November 2024 has coincided with a 14% year-on-year increase in passengers on international flights to the…