Best Twitter threads of the day – May 22nd

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• Morocco officially submits application to join BRICS

  TL;DR Breakdown Morocco has officially applied to join the BRICS economic alliance. The upcoming BRICS summit will discuss expansion criteria, but won’t confirm new members. Morocco’s bid highlights its ambition to be a key player in the global south. Description As the global economic stage buzzes with anticipation for the upcoming BRICS summit, Morocco has strategically positioned itself by tossing its hat into the ring. Eager to align with powerhouses like Brazil, Russia, India, China, and South Africa, the North African nation has formally expressed its interest to join the expanding economic alliance. But, as … Read more As the global economic stage buzzes with anticipation for the upcoming BRICS summit, Morocco has strategically positioned itself by tossing its hat into the ring. Eager to align with powerhouses like Brazil, Russia, India, China, and South Africa, the North African nation has formally expressed its interest to join the expanding economic alliance. But, as with every strategic move on the geopolitical chessboard, there are layers of motives, opportunities, and challenges awaiting to unfold. A Power Move in the Global South Morocco’s…

  Article 2023年8月16日

• Massive BLUR Airdrop Whale Initiates Token Sale, Raises Concerns of Potential Market Dump

  TL;DR Breakdown The wallet address “0xD5eE” has sold off 3.2 million $BLUR tokens, previously holding the largest amount of BLUR airdrops, leading to speculation of a potential market dump. Despite a surge in value following an announcement by Upbit, the price of $BLUR has experienced a significant decline of 99.22% since its all-time high, indicating consolidation and uncertainty in the market. Description In a significant development within the crypto community, the wallet address known as “0xD5eE” has made a noteworthy move by selling off a substantial amount of BLUR tokens. This wallet address had previously attracted attention due to its massive accumulation of BLUR tokens received through airdrops. The decision to sell off a significant portion of … Read more In a significant development within the crypto community, the wallet address known as “0xD5eE” has made a noteworthy move by selling off a substantial amount of BLUR tokens. This wallet address had previously attracted attention due to its massive accumulation of BLUR tokens received through airdrops. The decision to sell off a significant portion of these holdings has sparked speculation…

  Article 2023年7月7日

• UK economy’s surprising rebound amid ongoing uncertainties for the future

  TL;DR Breakdown The UK economy rebounded faster from the COVID-19 pandemic than previously estimated, with a 1.7% boost to GDP. The UK economic performance is on par with or better than Germany but slightly behind France and Italy in terms of recovery. Despite the rebound, uncertainties persist due to new challenges like energy price shocks and rising interest rates, making the current economic trajectory uncertain. Description The UK economy rebounded from the impact of the Covid-19 pandemic faster than initially estimated. Newly revised figures show a significant 1.7% boost to the country’s GDP in the fourth quarter of 2021. Yet, what this implies for the present state and future trajectory of the economy remains uncertain. This uncertainty arises because revised statistics … Read more The UK economy rebounded from the impact of the Covid-19 pandemic faster than initially estimated. Newly revised figures show a significant 1.7% boost to the country’s GDP in the fourth quarter of 2021. Yet, what this implies for the present state and future trajectory of the economy remains uncertain. This uncertainty arises because revised statistics covering…

  Article 2023年9月2日

• Eurozone activity dips: ECB’s next move in question

  TL;DR Breakdown Eurozone businesses face significant output and order declines. The anticipated ECB interest rate hike is now uncertain. HCOB index shows a 33-month low, signaling contraction. Description An unsettling cloud of uncertainty hovers over the Eurozone as the business scene faces sharp setbacks, throwing the European Central Bank’s (ECB) anticipated interest rate hike into murky waters. With the core economy metrics going south, one is left wondering whether the ECB will persist with its initial trajectory or pivot to a safer holding … Read more An unsettling cloud of uncertainty hovers over the Eurozone as the business scene faces sharp setbacks, throwing the European Central Bank’s (ECB) anticipated interest rate hike into murky waters. With the core economy metrics going south, one is left wondering whether the ECB will persist with its initial trajectory or pivot to a safer holding pattern. Contents hide 1 A Dive Deeper Than Anticipated 2 Inflation and Economic Vitals 3 Dual Headaches: Services and Manufacturing 4 Will Tourism’s Revival Fizzle Out? A Dive Deeper Than Anticipated The Eurozone’s business sector suffered as both output…

  Article 2023年8月24日

• Super Hyper Bitcoinization Could Potentially Challenge US Dollar Dominance

  TL;DR Breakdown Max Keiser suggests that the adoption of BTC, as seen in El Salvador, could disrupt central banks and combat hyperinflation in other countries. The rise of BRICS nations and their pursuit of alternative financial systems may challenge the global dominance of the US Dollar as the world reserve currency. In a recent panel discussion at The Bitcoin Conference 2023, Max Keiser, Senior Advisor to El Salvador President Nayib Bukele, presented his views on the potential emergence of “super hyper Bitcoinization” as a means to counteract hyperinflation and destabilized central banks worldwide. Keiser emphasized that El Salvador’s groundbreaking decision to adopt Bitcoin as a legal tender could pave the way for other nations to follow suit.  As central banks face increasing challenges and potential failures, Keiser believes that BTC could act as a disruptive force, heralding the end of the three-century-old central banking experiment. Furthermore, he underscored the changing geopolitical landscape, with the rapid expansion of the BRICS (Brazil, Russia, India, China, and South Africa) nations potentially posing competition to the U.S. Dollar’s dominance. Contents hide 1 El Salvador’s…

  Article 2023年5月22日