Crypto News 

Blockchain Must Be Applied to Real World Problems to Become Mainstream

“The Blockchain Must Work Outside Finance Such an app in this space could potentially bring newfound attention and mainstream legitimacy to blockchain technology” writes Nick Marinoff for livebitcoinnews.com. One of the major problems – per the recent source – states that ConsenSys was spending over $100 million a year funding new blockchain and crypto-related startups and venture funds.The blockchain hype is being described as “dead,” according to one source.Will the blockchain ever become the staple technology of the globe?. The source compares the blockchain to the internet and says that…

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News 

SoftBank Corp shares slide 10 percent on debut after record Japan IPO

“Following its $23.5 billion initial public offering, shares of the telecoms unit of SoftBank Group Corp fell as far as 1,344 yen five minutes into trade, or 10.4 percent lower than its IPO price of 1,500 yen” writes Midwest Communications Inc for 95kqds.com. TOKYO (Reuters) – SoftBank Corp shares slumped more than 10 percent in their debut on Wednesday, as investor appetite for Japan’s biggest ever IPO was hurt by a recent major service outage and worries over its exposure to Chinese telecom gear maker Huawei.At 9:27 a.m. (0027 GMT),…

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Futures Markets News Oil Regulators 

Asia braces for Fed as plunge in oil boosts bonds

“So far, the futures market is sticking with a two-in-three chance of a rate increase on Wednesday” writes Midwest Communications Inc for 95kqds.com. “Despite recent market volatility we think that it is still more likely than not that the Fed will raise rates,” said ANZ senior economist Tom Kenny.Investors rushed into bonds, with the largest ever one-month rotation into fixed-income assets, while cutting equities. Source: 95kqds.com Share This:

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Global gap will take 202 years to close, says World Economic Forum

“The global pay gap between men and women will take 202 years to close, because it is so vast and the pace of change so slow, according to the World Economic Forum” writes Rupert Neate for theguardian.com. The WEF, which organises the annual meeting of business and political leaders in Davos, said the global gender pay gap has narrowed slightly over the past year, but the number of women in the professional workplace has fallen. Source: theguardian.com Share This:

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Markets News Regulators 

Why are markets falling, and are we heading for global recession?

“Oil prices have had a rollercoaster couple of years, so a surge or sudden drop in the price of crude could pose problems for the world economy” writes Nils Pratley Financial for theguardian.com. Added into the mix is the risk that Trump’s trade war with China could escalate with damaging consequences for the world economy.Global growth is forecast to plateau, while some major nations including the US and China are on track to see slower rates of growth.Besides the risks from Brexit, the US-China trade war and the Fed aggressively…

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The rise and fall of augmented reality ‘unicorn’ Blippar

“The story of once-hyped augmented reality (AR) startup Blippar has come to an end” writes Paul Sawers for venturebeat.com. At its launch on Android and iOS in August 2011, Blippar had teamed up with Cadbury, which invited chocolate fans to play an augmented reality game triggered by its packaging.And in 2014 it launched a new platform for Google Glass, enabling developers to create augmented reality games that use a person’s eyes to control gameplay.The startup was one of several presenting that day, but Blippar’s technology stood out. Source: venturebeat.com Share This:

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Japan protests Russian military build-up on island disputed since Second World War

“Meanwhile, Japan will upgrade two helicopter carriers so they can launch fighter jets, giving it the first aircraft carriers since the Second World War, according to a defence plan approved Tuesday” writes Stephen Harper for telegraph.co.uk. The defence ministry said by December 25 it would settle 188 soldiers and their families in four new military dormitories on the Kuril islands just north of Japan. Source: telegraph.co.uk Share This:

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The global gender gap will take more than 100 years to close — here are the countries with the highest and lowest gender gap around the world

“The WEF’s annual Global Gender Gap Report compares attitudes towards gender equality around the world” writes Skye Gould for businessinsider.com. It will take more than 200 years for economic gender equality to emerge, and 108 years to completely close the global gender gap across politics, health, education, according to the latest report from the World Economic Forum. Check out the best and worst countries for gender equality, as well as the global averages, below:. Each nation is given a score out of 1, with higher scores indicating a greater level…

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Markets News Regulators 

From Jakarta to Buenos Aires, the world feels Fed’s sting

“This effectively tilts the playing field against emerging markets by boosting demand for dollars at the expense of other currencies” writes Midwest Communications Inc for 95kqds.com. The campaign, however, came at the cost of slower growth for the trillion dollar economy.The central bank acknowledges its influence extends beyond U.S. borders, but argues it is bound by a mandate of containing inflation and seeking maximum employment at home.Capital outflows from emerging markets in favor of relatively higher-yielding U.S. assets and the strengthening dollar intensified around April. Source: 95kqds.com Share This:

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Medina pips Wilson to world title at final event of season

“Australian Julian Wilson has been beaten by 2018 world champion Gabriel Medina in the final of the season-ending Pipe Masters in Hawaii” writes Australian Associated Press for theguardian.com. Parkinson’s elimination ended his hopes of a fourth Triple Crown of Surfing crown, with Brazilian world tour rookie Jesse Mendes joining the illustrious list of winners.Wilson defeated Medina in the 2014 final at Pipeline, the year in which the Brazilian won his maiden series title, with the now two-time world champion turning the tables. “That was a good final.I just feel great…

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