Read enCRYPTed news, get deCRYPTed insights

Walter Grand

Walter Grand

There is a risk that Turkey will introduce additional capital controls - S&P Global

Turkey may follow Russia's path to regulate the exchange rate. Due to high inflation, the lira is trading at around 17 per dollar, an all-time high. The value of default swaps on Turkish debt is four times higher than Brazil's, reflecting uncertainty among investors and economists about Turkey's future.

Opposition in Turkey is unhappy with rising rent prices - prices rose by 147% in Istanbul

Landlords are trying to evict tenants and register new ones at much higher prices, with the number of lawsuits filed against tenants doubling, Sozcu reported. "In the past three months we have seen fights, threats, intimidation and lawsuits. Both the landlord and the tenant are right, both struggling to make

Putting Gazprom Germania on the Russian sanctions list will cost German gas consumers €5 billion, -Welt am Sonntag.

The publication writes that the company, which is externally managed by the German Federal Network Agency, is now forced to buy gas on the market under new contracts, which are significantly more expensive than the previous ones. In the end this will result in higher prices and will fall on

FarmWise, an agricultural technology company, has raised $45 million in investment, RB

FarmWise, a U.S. agricultural automation company, announced it has raised a $45 million investment from Fall Line Capital and Middleland Capital. The funding will be used to accelerate the firm's research and development efforts and to roll out its existing product. Another major deal underscores how interested investors from

Central Bank for Economic Integration approves $800 million subsidy - Reuters

The Central American Bank for Economic Integration has agreed on an $800 million support measure to protect local countries from spikes in global fuel prices. Central American countries have seen prices of fertilizer and staples such as corn and beans jump as a result of higher fuel prices. "This subsidy

Roman Abramovich and his partners will sell British telecom operator Truphone for £1, - FT

In 2020, the company was valued at £410 million. The transfer of the asset to two European businessmen is associated with the sanctions imposed on the billionaire by the EU and Britain. Abramovich owns 23% of the operator, most of the remaining shares are owned by his partners in Evraz

Ambassadors of the United States, South Korea and Japan meet to discuss North Korea's nuclear tests - Reuters

"We want to make clear to the DPRK that its illegal and destabilizing activities have consequences, and that the international community will not accept these actions as the norm," the U.S. ambassador said. Last week, the United States called on the UN to impose new sanctions against North Korea

Rectors of Russian universities unanimously supported the Soviet system of education - RIA Novosti

The rectors advocated the development of the national education system based on the experience of the Soviet period, a greater emphasis will be placed on the specialty. The decision will have to do with international cooperation, universities will to some extent take into account the challenges of the times, programs

Apple plans to turn iPad into a laptop-like device

Apple is expected to announce significant changes to its iPad software next week. iPadOS 16 will have a redesigned multitasking interface that will bring the experience of using apps on the tablet closer to laptops. The iPad accounts for nearly 9% of Apple's annual sales, a trend that has been

Logan at the Fed: Digital currencies could force central banks to rethink their monetary policy

Depending on how it is set up, a central bank's digital currency could lead to an increase in the regulator's balance sheet, or it could lead to additional interest rate control problems.