EU and India agree to resume trade talks at virtual summitThe European Union and India agreed to resume stalled free-trade negotiations and seek closer cooperation to combat climate change at a virtual summit on Saturday, as concerns about China bring Brussels and New Delhi closer.

Partly overshadowed by the COVID-19 crisis in India, the meeting…[Read more]

Israel and South Korea to sign free trade pactIsrael will sign a free trade agreement with South Korea this week, marking the first such arrangement with an Asian market, Israel’s economy ministry said on Sunday.

The deal is meant to bolster bilateral trade by cutting out customs duties and offering safety nets on investments. Bilateral trade…[Read more]

Vietnam says new COVID outbreak threatens stabilityVietnam reported 102 new COVID-19 infections on Sunday as the Southeast Asian country battled a fast-spreading outbreak which Prime Minister Pham Minh Chinh said threatened political stability if not brought under control.

The new cases raised the total to 3,332 since the pandemic began, with 35…[Read more]

Spaniards party as COVID curfew ends but doubts remainExhilarated Spaniards chanting “freedom” danced in streets and partied on beaches as a COVID-19 curfew ended in most of the country, but others feared it was too soon to let go.

In scenes akin to New Year’s Eve celebrations, hundreds of mainly young people gathered in Madrid’s Puerta del Sol…[Read more]

Vlad the vaccinator: Dracula’s castle lures visitors with COVID-19 jabsVisitors to Dracula’s castle are more likely to find puncture marks in their arms than their necks this month, after medics set up a COVID-19 vaccination centre at the Transylvanian attraction.

Doctors and nurses with fang stickers on their scrubs are offering free Pfizer…[Read more]

U.S. has long way to go to recover from pandemic -commerce secretaryMany Americans are still struggling to return to work after the coronavirus pandemic and last week’s lower-than-expected jobs numbers were a reflection of that, Commerce Secretary Gina Raimondo said on Sunday.

“I think we have a long way to go to recover from the pandemic,”…[Read more]

G7 should invest $1 trillion per year for sustainable COVID recovery – reportGroup of Seven countries should invest $1 trillion per year until 2030 to ensure a strong and sustainable economic recovery from the pandemic, according to a report that was requested by British Prime Minister Boris Johnson.

U.S. President Joe Biden is expected to join…[Read more]

Seoul to Crack Down Crypto Phishing Websites

• South Korean authorities increased monitoring of crypto-related phishing activity.
• The market price rise has led to a huge number of phishing attacks targeting investors.

South Korean authorities increased monitoring of crypto-related phishing activity. In addition, the government has found information on…[Read more]

Chainlink, A Sleeping GiantThe addition of smart contracts onto a blockchain platform was a technological breakthrough, creating new integration possibilities in real-world uses. However, smart contracts are limited to their functionality when retrieving or sending data. They serve only as a store of data without actively distributing information…[Read more]

Crypto Market Is Not Serious With Its Meme Coin

• The recent announcement of Bill and Melinda Gates’s divorce after a 27-year marriage raised some eyebrows while others saw it coming a mile away.
• A comment from a Reddit user showed that billionaires were taking in large short positions to protect their assets from impending divorces.
• The comment w…

[Read more]

Elongate and Munch Raise Millions for Charitable Causes

• Two cryptocurrency projects have gathered over $3 million for charitable contributions.
• Elongate has raised $2 million, a crypto project that began as a parody of Elon Musk.
• Munch has put above $1 million to aid different causes in developing nations.

Two unrelated cryptocurrency projects have…[Read more]

GameStop saga paves the way for a new decentralized financial orderEvery significant transformation comes with a new toolset, one that is always surprising at the time and obvious in hindsight. Bitcoin (BTC), climate change and GameStop (NYSE:GME) are all examples of ways in which mass action is pushing for dramatic, not evolutionary, action. We…[Read more]

Japan’s first-quarter GDP likely slipped back into decline as new COVID curbs hit: Reuters poll
Japan’s economy likely shrank in the first quarter as the hit to consumption from coronavirus curbs offset the boost from robust global demand, a Reuters poll showed, highlighting the country’s slow recovery from a pandemic-induced slump.

An extension…[Read more]

SlumDOGE millionaires: Dog tokens dominate Uniswap v3’s rankingsDespite DOGE’s dramatic crash following the highly anticipated episode of Saturday Night Live hosted by SpaceX founder and hypothetical Dogecoin CEO, Elon Musk, many dog-tokens that recently rode DOGE’s coat-tails are still up several-hundred percent in just a couple of weeks after…[Read more]

SpaceX Now Accepts DOGE Payment, Will Launch DOGE-1 Mission in 2022

• SpaceX will launch a Dogecoin project dubbed “DOGE-1 Mission to the Moon”.
• For this project, SpaceX now accepts Dogecoin as means of payment.
• Tesla (NASDAQ:TSLA) CEO Elon Musk revealed the company’s DOGE-1 plan on April Fools Day.

In Q1 of 2022, SpaceX will launch a new crypto proje…[Read more]

AAX Exchange Announces Mass Buyback of AAB

• AAX has just announced its plans for a vast token buyback program on AAB.
• AAB will also be listed on SushiSwap to increase liquidity and access.
• The number of active users on AAX has increased 20-fold since January 2021.

AAX Exchange, powered by the LSEG Millenium matching engine, has just announced its…[Read more]

Finance Minister Le Maire sees French economy back to pre-COVID levels by H1 2022The French economy will return to its pre-COVID 19 levels of economic activity by the first half of 2022, said French Finance Minister Bruno Le Maire on Monday, who also reaffirmed his target of 5% economic growth for France in 2021.

“Economic growth is back in the…[Read more]

Malaysia’s 1MDB, ex-unit seek recovery of $23 billion in assetsMalaysian state fund 1Malaysia Development Berhad (1MDB) and its former unit SRC International have filed 22 civil suits seeking to recover more than $23 billion in assets from entities and people allegedly involved in defrauding the firms, the finance ministry said on…[Read more]

Raising pace of bond buys not off the table for ECB: LaneThe European Central Bank could still increase bond purchases at its June meeting if such a move is needed to keep borrowing conditions favourable, ECB Chief Economist Philip Lane told a French newspaper.

He also said unemployment is not expected to return to its pre-pandemic level before…[Read more]

Euro zone investor morale rises to highest level since March 2018Investor morale in the euro zone rose in May to its highest level since March 2018 on all-time high expectations and an upbeat evaluation of the current situation, a survey showed on Monday, suggesting the bloc is overcoming the COVID-19 crisis.

Sentix’s index for the euro zone…[Read more]