The COVID-19 pandemic has disrupted global supply chains and caused record high inflation in many developed countries. Several major economies are now facing stagflation for the first time since the 2008 financial crisis. As a result, investors look for safe haven assets to preserve their capital, such as stocks of companies with strong cash flow and equities with stable dividends. Let us take a look at 6 stocks that are likely to perform well during stagflation.
Bloomberg has published the list of green billionaires - businessmen who owe their fortune to technologies that reduce carbon emissions in the atmosphere. The list includes CEOs of companies manufacturing electric cars, rechargeable batteries, and solar panels.Out of the 15 businessmen rated by Bloomberg, 80% come from China, but the number 1 spot belongs to an American. Let us take a look at the top 3 green billionaires.
Mints are going to celebrate the upcoming New Year with the release of a new series of coins that will surely encourage collectors. Gold and silver coins depict the symbol of the New Year – Tiger. Let us take a look at the unique products of the leading mints.
An Initial Coin Offering (ICO) has become a crucial test for any major cryptocurrency project. Many of them have failed, but for others, this fundraising method has been a growth driver. Let us have a look at the top 5 successful ICOs.
Not so long ago, the whole world was celebrating the scariest holiday of the year – Halloween. It is a time when people try to spook each other wearing creepy costumes. Of course, the people we are going to talk about are not afraid of vampire fangs and ghost masks. In this article, we will tell you about things that may chill even the richest people in the world. Let us find out the deepest fears of the world's wealthiest people
Forbes has presented the ranking of China's richest people. Over the past year, the top 100 billionaires' collective net worth has grown by $150 billion and now exceeds $1.48 trillion. It soared despite the CCP's crackdown on the IT sector. At the same time, not all businessmen increased their fortunes. For instance, Jack Ma's wealth tumbled and he no longer tops the ranking. So, here are China's top 5 richest billionaires according to Forbes.
Nowadays, the biotechnology market is among the fastest-growing ones in the world. It may compete even with the IT sector. The coronavirus pandemic has made this sphere even more attractive for investors as it boosted global demand for drugs. Analysts suppose that next year, shares of biotech companies will remain in great demand. Some of them may surge by more than 100%. Let us take a look at the most promising companies
Many experts are concerned about a possible new global financial crisis. Leading economists are trying to measure the impact of such a scenario and looking for ways to address it. Currency strategists point to five reasons that could cause turmoil in global markets
The coronavirus lockdown of 2020 accelerated digitalization, as well as the development of cloud computing and AI. As a result, the IT sector experienced a boom. Stocks of tech companies remain a highly attractive investment. Both American giants and promising companies from across the globe catch the eye of traders. Let us take a look at the 5 best performing non-US tech stocks.
Nowadays, the Japanese yen is one of the world's six reserve currencies. Its stake in the global trading volume is 8.5%. Since Japan is one of the world's 5 leading economies, its national currency is gaining in popularity. Investors often turn to it as a safe-haven asset because this currency usually remains stable at the time of global recession. Here are out 7 interesting facts about the yen
As autumn enters its final month, Forbes's analysts rank the wealthiest people in the world. Elon Musk, CEO of Tesla and SpaceX, has taken the first place on the list, overtaking last month's number 1, Amazon's founder Jeff Bezos. Donald Trump, the former president of the United States, failed to make the list for the first time in 25 years - his fortune has dwindled in the wake of the COVID-19 pandemic. At the same time, many entrepreneurs have managed to earn a place in the billionaires list. Let us have a look at the top 5 wealthiest people.
Last month, the list of richest football club owners got a new leader - the Saudi Arabian Public Investment Fund, following their takeover of Newcastle United FC in England's Premier League. Although the top position is now held not by a tycoon, but a company, the fund is headed by Saudi Crown Prince Mohammed bin Salman, a famous rich man. Let us look at other billionaires investing into the game.