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Nalezeno "US President": 1957

Iranian President Calls for Launching a Cryptocurrency Mining Strategy


Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...

Trump Signs Deregulation Order to Boost US Economic Recovery


U.S. President Donald Trump has signed an executive order to eliminate “unnecessary regulations that impede economic recovery” following the coronavirus crisis. With this deregulation, government agencies are “encouraged to promote economic recovery through non-regulatory...

ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone


The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic...

ECB Expects Worse Recession in Europe Than Global Economy


The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained...

US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say


The U.S. mortgage industry faces collapse once again, this time due to the economic consequences following the coronavirus outbreak and massive job losses. Up to 50% of borrowers could default on their mortgage payments, according to industry estimates. Since the stimulus bill signed by President...

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