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Tag Archives: Bruno Le Maire

Davos 2020 Will Have Impressive List of Speakers, Ripple CEO May Also Join

Tomorrow, the business leaders and politicians from the globe are meeting at another session of the World Economic Forum (WEF), in Davos, Switzerland.This is the 50th anniversary of the event with a theme: “Stakeholders for a Cohesive and Sustainable World.” The annual economic gathering will run from January 21 until January 24.United Kindom Prime Minister Boris Johnson will not attend the World Economic Forum in Davos, Switzerland, Downing Street said on Monday. Johnson asserted that his...

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Gold and Oil Jump amid Ongoing Geopolitical Tensions in Iran: Will Others Follow?

The geopolitical tensions are high as Iran said that it will no longer abide by uranium enrichment limits and Donald Trump has claimed to attack them like “they’ve never been before”.While this is happening, WTI oil prices increased by as much as 2% overnight (and it is quite impressive, right?) as Brent Crude topped $70 per barrel. Since September this is the first time that such a situation has happened. Also, it’s worth mentioning that gold managed to almost reach $1,600/ounce which is the...

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Central Bank of France Is Ready to Test Its Digital Currency in 2020

As cryptocurrency adoption continues to spread all over the world, several entities including corporate organizations and governments are gradually catching the crypto bug. Based on a report from a French financial media platform Les Echos, France has now joined a list of countries that have shown interest in the crypto sector and have taken it a step further with a decision to float their own digital currency. France will now test its crypto sometime in the first quarter of next year.During...

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PSA Group and Fiat Chrysler Automobiles to Create the World’s Fourth Largest Carmaker

Rival carmakers PSA Group and Fiat Chrysler Automobiles NV announced their plan to merge, combining assets in order to confront pricey new era of trade tariffs, emissions rules and electrification.Shareholders of each company will own 50% of the combined entity, that will be listed in Paris, Milan and New York. Investors in Fiat will get dividend worth of 5.5 billion euros and its robotics subsidiary Comau, while France’s PSA will probably issue its 46% stake in auto-parts maker Faurecia SE....

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G7 Says that Bitcoin Failed but Libra Poses Threat to Financial Stability

French Finance Minister Bruno Le Maire said on Friday that Paris, Rome, and Berlin will join together in the effort of blocking Facebook’s new digital currency Libra in Europe.This is not the first time Le Maire is showing his hate towards cryptocurrencies. Last month, when he spoke about Libra, he said that this kind of technology, developed by the social media giant “causes serious concerns and therefore its operation cannot be authorized for use on European soil.”He added that the Libra...

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There Are Many Requests from Interested Members, said Libra Association Director

Facebook’s Libra, even with all the regulatory hurdles it currently faces, is still going strong and forging ahead with its plans to launch the digital currency next year. A while back, Libra Exec David Marcus, after enduring several hours of questioning from the United States Congress, promised that the Libra will not be launched until all regulatory concerns have been met and satisfied. The head of the Libra Association, the outfit in charge of the Libra project, has iterated this, given a...

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Frankreich: Bruno Le Maire will Libra europaweit blockieren!

Frankreich will Facebook-Währung in Europa blockieren: Frankreichs Finanzminister Bruno Le Maire gibt der von Facebook geplanten Digitalwährung Libra derzeit keine Chancen auf Genehmigung in Europa Frankreichs Regierung will Facebooks Digitalwährung Libra europaweit blockieren. Aus Sicht des französischen Finanzministers Le Maire geht von der für das Jahr 2020 geplante Währung...

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