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Crypto tops stocks, gold on best bitcoin streak in nearly a year

  Bloomberg A cryptocurrency sector battered by turmoil last year is showing some signs of life early in 2023, posting bigger gains than other major asset classes including stocks, bonds and gold. The MVIS CryptoCompare Digital Assets 100 Index of top tokens is up some 6% so far this month, exceeding advances of about 2% in global stocks, 1% in ...

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UAE a trading capital of the world, says Thani Al Zeyoudi

Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade said that the UAE continues to leverage its global presence by opening up to the world and expanding its network of trading partners through comprehensive economic partnership agreements with a carefully selected group of markets of strategic importance internationally and regionally. The minister made ...

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‘Adverse shocks’ could push global economy in recession

  Bloomberg The World Bank is concerned that “further adverse shocks” could push the global economy into recession in 2023, with small states especially vulnerable. The warning is contained in an abstract for the bi-annual “Global Economic Prospects” report due for release on Tuesday and visible on the group’s Open Knowledge Repository website. Even without another crisis, global growth this ...

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