Author: Charlotte

Repair and restoration costs for energy-linked infrastructure damaged in the Middle East war could reach as much as $58 billion, Rystad Energy said Wednesday, which indicated oil and gas facilities may account for up to $50 billion of the total. The consultancy estimated that total repair and restoration spending across affected energy-linked facilities at between $34 billion and $58 billion, with an average estimate of $46 billion, including about $5 billion for industrial, power and desalination assets.Supply chain challengesRystad said the conflict is becoming a broader test for the global energy supply chain, as rebuilding efforts compete for the same…

Gold prices rose in India on Thursday, according to data compiled by FXStreet.The price for Gold stood at 14,538.29 Indian Rupees (INR) per gram, up compared with the INR 14,433.66 it cost on Wednesday.The price for Gold increased to INR 169,571.70 per tola from INR 168,351.40 per tola a day earlier.Unit measureGold Price in INR1 Gram14,538.2910 Grams145,382.80Tola169,571.70Troy Ounce452,191.60FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge…

Bitcoin developers are debating a radical change to how the network would respond to a future quantum computing threat: don’t freeze vulnerable coins unless someone proves the threat is real. But there’s a catch: The proposal assumes the attacker will reveal capability for a bounty instead of maximizing profit through theft. A proposal published this week by BitMEX Research outlines a “canary” system that would trigger a network-wide restriction on older bitcoin wallets only if a quantum-capable attacker demonstrates it on-chain, replacing earlier plans to impose a pre-scheduled freeze years in advance. At its core, the proposal is a “wait…

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As the Middle East conflict escalated over the past month, a familiar trade has permeated the local sharemarket. Investors dumped riskier small-cap stocks and took shelter in the safety of Australia’s major banks.Regal Partners investment director Charlie Aitken believes that trend has created “one of the great Australian long-short trades of my 32-year career”.Loading… Source link

Overview This article examines the availability of Leo Token (UNUS SED LEO) across major cryptocurrency exchanges, explores its unique characteristics as a utility token issued by Bitfinex, and provides a detailed comparison of platforms where traders can access LEO alongside alternative exchange options for diversified crypto portfolios. Understanding Leo Token (UNUS SED LEO) UNUS SED LEO, commonly referred to as LEO Token, represents a utility token launched by iFinex Inc., the parent company of Bitfinex, in May 2019. The token was initially issued through a private sale that raised approximately $1 billion, with the primary purpose of providing fee discounts…

Gold prices rose slightly amid intensified diplomatic efforts between the US and Iran, which eased inflation fears. This was reported by Bloomberg, writes UNN.DetailsThe price of gold exceeded $4810 per ounce after falling 1.1% in the previous session. The increase occurred amid expectations of a continued truce between the US and Iran, which could stabilize global markets.At the same time, the situation in the Strait of Hormuz remains tense – ship traffic is restricted due to blockades by the US and Iran.Impact of negotiationsAccording to the media, the parties have a “principal agreement” to continue negotiations after the first round…

Italy and Vietnam reaffirmed their commitment to deepening economic and trade ties at the 10th Italy-Vietnam Joint Economic Commission on April 14. Photo: Shutterstock As the main mechanism for bilateral dialogue on economic and trade issues, the commission was co-chaired by Undersecretary of Foreign Affairs Maria Tripodi, and Deputy Minister of Industry and Trade Phan Thi Thang. During the session, considerable attention was paid to strengthening cooperation in the fields of trade, industry, and investment. The parties also reaffirmed their joint commitment to the energy transition and, in the agricultural sector, to continuing negotiations for the opening to new products…

Silver prices have dropped more than 30% from January’s record peak, yet the market remains haunted by the specter of a liquidity crunch. The latest annual survey from the Silver Institute and Metals Focus confirms an uncomfortable trend: the global silver market is barreling toward a sixth consecutive annual supply deficit, steadily depleting already thin above-ground stockpiles. Analysts caution that with buffer inventories so low, the market is acutely vulnerable to sudden shifts in investment flows. Should retail demand or institutional buying reignite in the second half of the year, a repeat of last October’s panic squeeze in the London…

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. XRP is emerging as a preferred asset, with traders arguing its long-term potential lies in its role within global payments and evolving financial infrastructure. In his Apr.13 podcast, trader Cryptoinsightuk said XRP doesn’t need to dominate global finance to succeed. He says remaining a top-tier crypto asset could allow it to benefit from broader capital inflows as the overall market expands. Don’t Miss: He highlighted several technical advantages like fast settlement speeds, low transaction costs and energy efficiency, especially compared to proof-of-work systems…