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Concerning situation in Japan economy

Mar 27, 2024 by RLA Services 0 Comments

According to public opinion, Japan’s economy has been developing tirelessly almost independently of the rest of the world since the crisis at the end of the last century, which is why for many people the strong fall in the country’s national currency is unexpected and even shocking. Having added up all the facts, Bloomberg confirmed: Japan has stepped closer to currency intervention with its strongest warning yet as the yen slid to the weakest level in about 34 years against the dollar. The Japanese authorities are also concerned about the situation and are trying to urgently take measures to normalize it. Finance Minister Shunichi Suzuki: “We are watching market moves with a high sense of urgency.”

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New UK Regulations

Feb 13, 2024 by RLA Services 0 Comments

UK authorities are tightening regulation of companies. First of all, England, but not least also Scotland and Wales, have been one of the most attractive jurisdictions for international business for several decades. Elementary business registration and extremely low requirements for running companies annually attracted tens and hundreds of thousands of international entrepreneurs. However, from March 4, 2024, it was decided to subject certain aspects to greater control. Now the authorities will more seriously check companies’ contact information, registration addresses and reports with confirmation statements. In principle, nothing particularly terrible has happened so far, but we still recommend that our clients and partners pay attention to the state of their British companies. It is expected that warnings and notifications will come at first, but it is always best to act proactively in order to avoid unnecessary difficulties.

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Future of power

Jan 12, 2024 by RLA Services 0 Comments

The first miracle of 2024 is already here!
China has invented a nuclear battery for smartphones that does not need to be charged. The development from Betavolt is smaller than a coin – even with such a miniature battery, any gadget will work for 50 years without recharging. According to engineers, the development is completely safe. Ideal for business, right?

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Happy Holidays!

Dec 24, 2023 by RLA Services 0 Comments

We are pleased to congratulate everyone on the upcoming Holidays! We sincerely wish to take a break from the hardships of business in these wonderful days. Let your successes be even more epic in 2024, but achieving them would be much easier. Merry Christmas and Happy New Year! All the best! 🎅

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EURC

Dec 19, 2023 by RLA Services 0 Comments

“Circle” has added support for the Solana blockchain for its euro-pegged stablecoin EURC. The coin already works on the Avalanche, Ethereum and Stellar blockchains; support for the stablecoin is ready to be provided by popular DeFi platforms and wallets in the network ecosystem such as Jupiter Exchange, Meteora, Orca and Phoenix. EURC on Solana can already be used through Circle Mint and its API.

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Cryptocurrency trading

Nov 27, 2023 by RLA Services 0 Comments

The Austrian subsidiary of Raiffeisen Bank – Raiffeisenlandesbank Oberösterreich – is preparing to launch cryptocurrency trading in early 2024. The initiative is being developed in cooperation with local crypto firm Bitpanda and will offer all of the latter’s listed digital assets (more than 2,500).

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Rise of cryptocurrency.

Nov 16, 2023 by RLA Services 0 Comments

The Kobeissi Letter stated that for the first time in several years this November, 12 cryptocurrencies’ capitalization on Platform X increased by $600 billion over the past year, representing a 75% increase. Bitcoin made a 120% increase in value over the same period. This increase in liquidity is considered an important indicator – it shows the recovery of cryptocurrencies from a crysis.

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Current interest rates status.

Oct 18, 2023 by RLA Services 0 Comments

European Central Bank head – Christine Lagarde – said on the 16th of October that interest rates would remain high enough “for as long as necessary” to curb inflation. Lagarde said rates would remain high as upward pressure on prices “remains strong” in the 20 countries that use euros. She added that the Central Bank remains committed to ensuring that inflation returns to its medium-term target of 2% in a timely manner.

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UK Economical state

Sep 15, 2023 by RLA Services 0 Comments

The Bank of England has raised interest rates 14 times since the end of 2021. The Center for Economics and Business Research said debt taken on during the pandemic, higher borrowing costs and the cost of living crisis will push more businesses into bankruptcy, especially in the retail and hospitality sectors. Around 7,000 businesses are likely to fail every quarter in 2024 as high interest rates cause financial strain and the UK economy enters recession. The bank may begin to cut interest rates in an attempt to stimulate demand. However, the Bank has signaled that interest rates are likely to remain high for longer as it grapples with high inflation.