News in brief The U.S. economy as a whole created a total of 390,000 new jobs in May, according to government statistics, beating market estimates set at about 328,000. Key stock market indices of Western European countries are now showing weaker growth after a two-day decline. According to a flash estimate by Eurostat, the European…
The future world is a great unknown to us. Certainly many of us have wondered what the world might look like in a few decades. Whether the world will look like a fairy tale or whether we are heading towards an apocalyptic end. Which of these futures is more likely? Let’s take a look. A…
News in brief A cautiously positive mood prevailed on world markets today. Activity was lower given the closed markets in London for the Royal Jubilee celebrations. Investors will be waiting for important labour and industrial data, and also for the monthly unemployment report. The Czech republic’s state budget has fallen into an almost CZK 200bn…
You might think of the word video game when you hear the word metaverse. That’s perfectly fine, because the two can be very closely related. There are many other things that can be related to the metaverse, but gaming will be one of the main parts that will keep many people coming back. Let’s take…
Prague’s Slavonic House witnessed a prestigious international conference on digitalization and cryptocurrencies. Platon Life Global Digital Ecosystem Summit 2022 welcomed leading experts and celebrities from the field of information technology, banking, and art. The event, which was backed by the founders of Platon Life company, Daniel and Julie Tanner, also received the patronage of the Czech Senate….
News in brief Precious metals are falling while the US dollar is strengthening. The only exception is palladium, which is up 0.2%. The US Treasury Secretary admits she was wrong about inflation. The partial embargo on EU oil imports, announced on Monday, will affect about 90% of the existing volume. This will not be a…
Globalisation is something that has been with us every day for the last few decades. The world has gradually become more connected, making life easier for many people. However, it has been known from the beginning that globalisation has its downsides, which became apparent during the recent pandemic. So where is the world going from…
News in brief There are mixed messages from abroad, while from China better than expected, worse from other countries. US consumer confidence is expected to fall. European stock indices hit their highest level in almost a month on Monday, boosted by the easing of COVID-19 restrictions in China and the creation of new stimulus to…
Fundamentals and expected events: week 22 Crypto markets: After a very volatile and turbulent month for the crypto markets, Bitcoin (BTC) was almost doomed to extend its losing streak to a record of nine weeks in a row. However, that scenario has been narrowly avoided after the leading cryptocurrency jumped in the late hours on…
News in brief The British government announced on Thursday a 25% tax on oil and gas companies. In doing so, it bowed to growing pressure from citizens. Other big divident payers such as miners and consumer goods companies could be next. Oil is back in negative territory after early gains. This might suggest that the…
