Category: Market News

Deadweight loss from no monopoly

The once-mighty Blockbuster video chain is now down to a single store, in Bend, Oregon. It appears to be the only video rental store in Bend, aside from those offering “adult” features. Does that make Blockbuster a monopoly? It seems almost silly to ask if the last firm in a dying industry is a monopolist.…
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Thriving with technology in Greece

By Christian Bodewig, Wolfgang Fengler After a decade of turmoil, Greece is looking toward a better future—a future of economic recovery, lower unemployment and rising living standards. But 10 years is a long time in the world of technology. Recovery will make life better, but it will not take Greeks back to the pre-crisis world…
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The critical frontier: Reducing emissions from China’s Belt and Road

By Simon Zadek While every energy-saving bulb makes a difference, there are only a small number of existential frontiers in our efforts to deal with climate change. Of these, China’s Belt and Road Initiative (BRI), involving over 70 countries from Central Asia to Latin America, has been dangerously ignored. New infrastructure will be a major…
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What inspired you to become a scholar?

By Paul Gadalla There are many paths to becoming a scholar at Brookings. Our  experts come from diverse backgrounds that have led them onto the path of research and practice. Over the past two years we have sat down with our David. M Rubenstein Fellows as part of the Brookings Cafeteria Podcast to hear what…
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Political gridlock blocks infrastructure progress and costs our economy

By Adie Tomer, Lara Fishbane Infrastructure talks are heating up again. In just the last week, 2020 presidential candidate Amy Klobuchar pitched a trillion-dollar infrastructure proposal while the Trump administration and Congress continue to flirt with major infrastructure packages. This kind of thinking reflects clear public support for greater investment. While these concepts and conversations suggest bipartisanship could deliver infrastructure reform, the current…
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With Haftar attacking Tripoli, the US needs to re-engage on Libya

By Federica Saini Fasanotti General Khalifa Haftar started his long march toward power in May 2014. Under “Operation Dignity,” Haftar started a major fight against Islamists and militias in Benghazi and elsewhere in Libya’s east. In March 2015, the House of Representatives in Tobruk appointed Haftar commander in chief of the Libyan National Army (LNA),…
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Crypto Analysts Warn Bitcoin (BTC) Trend Could Burn Ethereum, XRP, Litecoin, Stellar, Bitcoin Cash and Cardano in Altcoin Reversal

A trio of crypto analysts are warning that the early 2019 altcoin rally may already be coming to an end. According to analyst Luke Martin, altcoins were growing at a healthy rate along with Bitcoin until BTC’s sudden jump above $5,000 on April 2nd. $BTC pumping & alts dumping visualized. Generally speaking most alts had…
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China’s Top 5 Blockchain-Based Projects – From Malaysia’s New Crypto City to Property Trading

Although initial coin offerings and cryptocurrency exchanges are banned in China, this country’s enthusiasm for the blockchain is impressive. In 2016, the technology was mentioned in the five-year national development plan, and in 2018, China became the undisputed leader in the number of blockchain-related patents. One of the most technologically advanced countries in the world…
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Bitcoin (BTC) Stumbles As New York Attorney General Accuses Crypto Exchange Bitfinex and Tether of Massive Cover-up

Bitcoin dropped nearly 6% in a matter of minutes after New York’s Attorney General Letitia James accused the crypto exchange Bitfinex of engaging in a coverup to hide a loss of $850 million. According to a 23-page legal filing, Bitfinex worked with a company in Panama to process payments. After giving $850 million to Crypto…
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‘Stars Aligning’ for 2019 Bitcoin Bull Run, Says Crypto Analyst – BTC, XRP, Ethereum, Litecoin Forecast

Bitcoin is gearing up for a big rally in 2019, according to eToro analyst Simon Peters. In a new interview with The Independent, Peters says BTC’s recent golden cross is a major signal that Bitcoin has already hit a bottom and the bear market is ending. “The stars are aligning for a bitcoin bull run.…
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