economy

Those in the know know the disconnect between the economy and the volatile stock market; discover the reality about this complex relationship.

Russia Launches Islamic Banking: A Step Towards Financial Inclusion
In a groundbreaking move, Russia has announced the official launch of Islamic banking, effective from September 1, a decision that has brought immense joy to the country's Muslim community. With a population of approximately 25 million Muslims, this development is seen as a significant stride towards financial inclusion and economic empowerment for this demographic. President Vladimir Putin's approval of the Islamic Banking Law on August 4 marks a pivotal moment in Russia's financial landscape.
By Naveedkk 2 years ago in Trader
How Money is been made from flight meal
Emirates Flight Catering makes 110 million in-flight meals a year. As the world's largest catering facility, they run 24/7,
By Eileen Victor2 years ago in Trader
Captivating Crowds: The Impact of Look Walkers in Modern Advertising
In an era where attention spans are fleeting and competition for consumer attention is relentless, the traditional methods of advertising are facing unprecedented challenges. Enter look walker – a dynamic and innovative approach that is redefining the way brands connect with their target audiences. Guided by the creative expertise of Ginger Media Group, these mobile marvels are turning heads, sparking conversations, and leaving a lasting impact on the world of modern advertising.
By Varsha Kumari2 years ago in Trader
Oilless Bearing & Bushing Technology
Bronzeoilless.com Oilless bearings and bushings, also known as self-lubricating or maintenance-free bearings, have gained traction due to their inherent benefits. Operating without continuous external lubrication, they incorporate solid lubricants like graphite/PTFE. These ensure a low-friction interface between parts, removing the need for oil-based systems. These components markedly decrease maintenance needs compared to traditional bearings, saving time, resources, and costs. Preventing oil leakage, they ensure cleaner, safer work conditions while enduring heavy loads with excellent wear resistance. They're even vital in energy and renewables, like wind turbines, solar trackers, and hydroelectric plants, due to their resilience in harsh environments.
By una wang2 years ago in Trader
The Best-Selling Headphones
1. Sony WH-1000XM4: The Noise-Canceling Champion Topping the charts and setting new standards in the realm of noise-canceling headphones is the Sony WH-1000XM4. Building upon the success of its predecessor, the WH-1000XM3, these headphones have won over audiophiles and casual listeners alike with their exceptional sound quality and remarkable noise-canceling capabilities. Equipped with Sony's industry-leading noise-canceling technology, these headphones create an oasis of sound, effectively drowning out the chaos of the outside world.
By Abdul Ahmed2 years ago in Trader
De-risking ahead of Fed Chair’s Jackson Hole speech
Initial gains in Wall Street reversed sharply overnight, with Nvidia’s stellar results hit with a sell-the-news market reaction, as market participants de-risk ahead of Fed Chair Jerome Powell’s Jackson Hole speech later tonight. The VIX was up 7.6% as a reflection of increased hedging activities, while market sentiments (from the CNN Fear and Greed Index) have fallen back into ‘fear’ territory for the first time since March this year.
By MecAsaf2 years ago in Trader
Retreat in US yields and Nvidia’s Earnings Provide Some Calm
Market Recap Market participants piled back into tech stocks overnight, as a retreat in the US 10-year Treasury yields from its 16-year high eases some market anxiety for a high-for-longer rate outlook. Downside surprises in US flash purchasing managers index (PMI) numbers have reflected a sharper moderation in demand for both the manufacturing (47 vs 49.3 forecast) and services (51 vs 52.2 forecast) sectors, which may challenge hawkish bets. This follows after bond yields turned lower in Europe on weaker-than-expected PMI readings as well. The S&P 500 now seems to be eyeing a reclaim of its 50-day moving average (MA), which has given way just last week.
By MecAsaf2 years ago in Trader
Gold (XAU/USD) Holds High Ground Despite the DXY Advance, Where to Next?
Gold prices may have fallen back slightly from a 2-week high but remains up around 1.31% at the time of writing and on course to snap a 4-week losing streak. Gold has been a surprise this week given the early rise in US yields as well as strength in the Dollar Index (DXY) for the majority of the week.
By MecAsaf2 years ago in Trader
Jerome Powell's speech
Jerome Powell's speech at the opening of the annual economic symposium in Jackson Hole did not go over well with financial markets. The indices on the New York stock exchanges went into the red after the president of the Federal Reserve (Fed) fueled even more uncertainty about the course of US monetary policy until the end of the year. However, they returned to green, showing strong hesitation.
By MecAsaf2 years ago in Trader
"Pearl Lobster: The Prized Crustacean That Sparks International Demand and Smuggling"
Introduction The Pearl Lobster is a gorgeous creature with a bright appearance and delicious flavor that lives in the enchanting domain of the ocean. This gorgeous tropical lobster species is anything but average, with a one-of-a-kind combination of rarity, beauty, and wonderful flavor. We discover the secrets behind the Pearl Lobster's attractiveness, the obstacles faced by fishermen and breeders, the international demand it generates, and the intricate network of conservation efforts as we explore inside its realm.
By Michele Lee2 years ago in Trader
"Angulas: The Precious Eels of Spain's Culinary Delight"
Introduction A rare delicacy known as "Angula" demands tremendous prices in the heart of Spain, making it one of the most sought-after things in the culinary world. These tiny European eels, formerly considered an obscure delicacy, are now the star of lavish auctions, earning thousands of dollars per kilogram. This phenomenon illuminates the difficult balance of demand, tradition, and environmental sustainability.
By Michele Lee2 years ago in Trader
The Tasty Journey of Copper River King Salmon: From Oceanic Depths to Dinner Plates
ntroduction The world of culinary is full of untold stories of dedication, risk, and delectable marvels that extend beyond the borders of our dinner plates. One such story is that of the Copper River King Salmon, sometimes known as the "wagyu of salmon." This majestic fish not only provides a delightful dining experience, but it also takes customers on a voyage through hazardous waterways, a beautiful environment, and years of tradition. Join us as we delve into the interesting journey of Copper River King Salmon, examining the obstacles faced by Fishers, the distinctive features that distinguish this salmon, and the delicate balance between tradition and conservation.
By Michele Lee2 years ago in Trader