Author: Charlotte

Israel’s Capital Market Authority, the governing body that licenses and supervises financial innovators, has cleared the launch of a shekel-backed stablecoin issued by Bits of Gold, a licensed Israeli crypto operator, according to a LinkedIn announcement. Branded as BILS, the stablecoin is fully backed and pegged 1:1 to the Israeli new shekel, operating on the Solana blockchain after a multi-year regulatory pilot. It is the first government-approved fiat-backed stablecoin in the Middle East. BILS is built to support real time payments, on-chain trading and programmable finance with local currency exposure instead of reliance on dollar pegged tokens. Development also involved…

Rhode Island’s economy delivered a mixed bag of results in the fourth quarter of 2025, with gains in employment and a declining unemployment rate offset by losses in in-state jobs and a dip in sales tax receipts, according to a report released Tuesday by Bryant University and the Rhode Island Public Expenditure Council. The Rhode Island Key Performance Indicators Quarterly Briefing found that the number of employed Rhode Islanders rose for a second consecutive quarter, adding 3,800 jobs — a 0.7 percent increase — to reach 565,400 after four straight quarters of decline. Year over year, employment increased by 800…

Scarcity and high cost of land, a growing population, and rapid urbanisation mean that urban development authorities and estate developers have to rethink and reimagine their approach to housing for residential and commercial purposes. Over the last decade, a significant transformation in urban development has marked the era of high-rise buildings in Nigeria. Clearly, the country’s urban skylines are undergoing a dramatic change, with some of the towers rising 15, 20, 30 floors. Real estate developers are not only breaking ground for new developments but also pulling down old structures to make way for new, high-density housing. This shift is driven…

Canada has advanced a bill to block cryptocurrency donations in federal elections, pushing tighter controls on how political funding is handled. Summary Canada’s Bill C-25 has cleared second reading in the House of Commons, moving the proposal to committee for detailed review. The legislation seeks to ban cryptocurrency donations to political parties and candidates, citing concerns over traceability and compliance with funding rules. According to Canada’s House of Commons, Bill C-25, known as the Strong and Free Elections Act, cleared its second reading on Friday, allowing lawmakers to move the proposal to committee for detailed review and possible amendments. Tabled…

BP (BP.) has reported a first-quarter profit of $3.2bn (£2.4bn), well ahead of the $2.7bn consensus forecast and the previous year’s $1.4bn result. The gains came from the trading division, which had an “exceptional” performance, BP said, as global energy markets reacted to the US attack on Iran at the end of February. The profit measure was underlying replacement cost profit, BP’s preferred measure. Its pretax profit was $7.4bn, more than double the Q1 2025 figure. The average oil price realisation for the company was only up slightly in Q4, BP said, at $60 per barrel compared to $57. Brent…

Many investment advisors believe that medium duration funds are better placed to offer superior returns when the interest rates start falling. Debt mutual funds offer attractive returns in a falling interest rate environment. If that interests you, you can learn more about medium duration funds.Most mutual fund investors stick to liquid funds, ultra short term funds, short term funds, banking & PSU funds, corporate funds, etc. to take care of their short-term needs. Most of them might know about gilt funds. Even though they may not invest in them. However, many investors are not aware of medium duration funds. Chances…

A bearish tone is increasingly visible on both gold and silver charts heading into the FOMC meeting, as markets continue to reprice inflation risks and interest rate expectations. The Bank of Japan meeting earlier today reflected a cautious hold and a hawkish tilt, and a similar tone is expected from Powell, as markets also begin to price uncertainty around future Fed leadership. Source: Trading view Following the Strait of Hormuz closure on February 28, 2026, inflation pressures have rippled across global markets through energy, logistics, and fertilizer costs, pushing US CPI toward 3.3%. Now in the second month of this…

Gold – Chart Gold (XAU/USD) is currently treading water at $4,633 after failing to make a clean break through the $4,668 ceiling. Take a look at those long upper wicks on the candlesticks and you’ll get a pretty good idea that there’s a buyer selling into the price near $4,670. And just to rub it in, the 0.5 Fibonacci retracement line conveniently lines up with $4,670, so you know where the roadblock is. Momentum’s gone a bit flat – RSI is lingering around 46 – and the moving averages are stuck in neutral. But don’t get too comfortable at the…

$XRP finally gave way at $1.40, and the way it broke matters more than the move itself. This wasn’t a slow drift lower. It was a high-volume push that cleared a level buyers had defended for weeks. Once that kind of support goes, it usually doesn’t snap back quickly. It tends to flip, and that’s exactly the test now. News Background • Bitcoin dominance pushed toward 60%, reinforcing a rotation out of altcoins and limiting follow-through demand for $XRP. • The multi-month triangle structure that had been compressing price finally resolved, with the move breaking lower instead of triggering the…

Amneal Pharmaceuticals in Cashel. Photo: Google Maps.The launch of two new products by Tipperary-based Amneal Pharmaceuticals is expected to boost the local economy, a local representative has said.Amneal, which is based in Cashel, officially launched their first two products on the commercial market this month, a move welcomed by local Fine Gael councillor Declan Burgess.”This is a significant milestone not only for the company but for the wider Tipperary region,” he said.“Amneal has been a fantastic contributor to economic activity in both Cashel and across county Tipperary. Their recent transition into the commercial market marks a major step forward and…