Due to the cost-of-living crisis spurred by the war in Ukraine, energy prices are soaring. Because of this, the British government has decided to use a £5 billion windfall tax on oil and gas companies. What is a windfall tax? The gas and oil industries have thrived during this period of strife and are reporting […]
On Monday the 13th of June, the cryptocurrency market experienced a ground-breaking selloff. This came after Celsius, a major crypto lending platform that essentially functions like a bank, announced that it would momentarily stop withdrawals. Then, for the first time in over a year, crypto’s overall market cap plummeted below $1 trillion. How did this […]
On July 8 of this year, the European Central Bank (ECB) released its first climate risk stress test. The report showed that banks within the euro zone have not incorporated sufficient climate risk into their internal models and frameworks for stress-testing. This has worked to reaffirm the fact that banks will need to improve their […]
A digital nomad is a person who lives a nomadic lifestyle and uses technology to fulfil the requirements of their job as they travel from place to place. Rather than working from the company’s office, a digital nomad works remotely and telecommutes. Vast technological advancements in recent years have made this kind of lifestyle possible. […]
As the cost-of-living crisis continues and inflation soars, some people will be more inclined to take out extra funds from their pension. Even those who are still working may begin taking an income from their pot sooner than they had planned. While this may temporarily cover immediate costs, it comes with the risk of having […]
The EU has agreed to a new set of regulations that will help control cryptocurrencies. What are the new rules? The markets in crypto assets (MiCA) law will protect the market against manipulation and abuse. It will mandate that crypto service providers receive approval to offer services across the EU from a national authority. It […]
The invasion of Russia in February has made gas prices for power plants reach record levels. This has prompted governments and companies around the world to expedite their embrace of renewable energy sources. Portugal is no exception. In fact, the country is leading the global shift away from fossil fuels and towards energies like wind […]
It can be argued that we are currently living in the golden age of TV. This is largely due to the streaming revolution. With so many award-winning shows being offered across multiple platforms, even A-list movie stars are ditching the silver screen to sink their teeth into juicier roles that allow them to spend more […]