The Markets

Millions of people visit Vegas every year to enjoy the fabulous city. This is because it has massive tourist attractions and is one of the party capitols of the world. One thing it is especially known for is hen and stag dues in its infamous casinos – play today at paybymobile casino.  There are countless stories of bachelors and bachelorettes that have had amazing time in Vegas and defiantly do not regret their visit. If…

The world is going through a challenging period as the coronavirus pandemic does not seem to be stopping. Businesses are struggling and many countries have their systems compromised. Although vaccines have been developed, the infection rates have surpassed the recovery rates globally. People have plunged into debt and many have lost their jobs. Unfortunately, the bills are still coming and to pay them, drastic measures have been taken by individuals. Currency trading is an online…

LAGOS (Capital Markets in Africa) — The days when Bitcoin was the only real option for investors looking to get into cryptocurrencies are long gone. Ether, the second-largest currency, rose to a record as interest in so-called alt coins continues to surge. Dogecoin, the memecoin that started as a joke, is now worth nearly $90 billion. In all, there are more than 7,000 coins currently tracked by CoinGecko, with a bewildering array of names (PancakeSwap, anyone?). For most…

LAGOS (Capital Markets in Africa) — The financing required to rebuild economies in African nations following the coronavirus pandemic gives the continent an opportunity to boost its share of Islamic financing. Sub-Saharan Africa Islamic finance assets are forecast to grow as much as 25% this year to return to the pre-pandemic level as governments reopen their economies, said Faizal Bhana, the director for the Middle East, Africa and India at Jersey Finance. Sharia-compliant assets in…

LAGOS (Capital Markets in Africa) — A year after Warren Buffett revealed he was unloading airline stocks as the pandemic took hold, Berkshire Hathaway Inc.shareholders are eager for his sense of what’s next for the conglomerate with more Americans emerging from lockdown. On Saturday, Berkshire’s chief executive officer will address shareholders via video-conference to conform with health guidelines, scrapping for a second year an arena event in Omaha, Nebraska, that typically attracted thousands of adoring…

LONDON (Capital Markets in Africa) — After one of the most difficult years in the oil industry’s history, crude prices have recovered and major producers are finally generating spare cash. Investors really want to get their hands on it, but most are likely to be disappointed. That’s because the pandemic has created a legacy of debt for the world’s biggest international oil companies, many of which borrowed to fund their dividends as prices crashed. For Exxon…

NEW YORK (Capital Markets in Africa) — JPMorgan Chase & Co. is preparing to offer a Bitcoin fund to wealthy clients, the latest sign that Wall Street is warming to the largest cryptocurrency after it soared in recent months. The actively managed fund will be available as soon as this summer, CoinDesk reported Monday, citing sources familiar with the plans. NYDIG will be the custody provider, a person with knowledge of the situation said, asking…