The Central African Republic Adopts Bitcoin As Legal Tender
Bitcoin is now legal tender in the Central African Republic. The poor African country becomes the second nation to adopt the top cryptocurrency as legal tender after El Salvador’s move in 2021. Here is a look at why the Central African Republic is making a move with one of the most innovative as well as controversial forms of digital currency on the planet.
Understanding the Liquidity Crisis In Lebanon
While several countries are facing various economic challenges, there is perhaps no country facing more sustained financial issues than Lebanon. For the past three years, the middle eastern country has been plagued by a liquidity crisis that has led to runaway inflation, bank runs, and political paralysis. Here is how it happened.
Jamaica’s Central Digital Bank Currency JAM-DEX Explained
Over the past two years, cryptocurrencies have gone mainstream. In fact, we have seen many retail investors purchase their first cryptocurrency in 2020. In 2021, institutional investors started buying into major crypto coins such as Bitcoin. Today, nations are getting into the crypto game with their own central bank digital currencies (CBDC).
Leading the way is the Caribbean island nation of Jamaica which has recently introduced its own CBDC. Here, we take a look at the Jamaica CBDC and its impact on the nation’s future.
What Removing the Queen of England Would Mean for Jamaicans Financially
Recently, the nation of Jamaica has begun the process of removing the Queen of England as the head of state. This would officially make Jamaica a republic. However, the implications of removing the Queen are more than ceremonial. There are a number of financial implications from this move. Here’s a look at what removing the Queen of England would mean for Jamaica's financial situation if Jamaica embraces republicanism.
Why You Should Consider Foreign Investing
Is your entire investment portfolio based on investments in your home country? Then you may be missing out on an excellent opportunity to grow and protect your portfolio. With foreign investment, you can transform your portfolio in ways that deliver improved and more stable returns. Here’s a look at three reasons to add foreign stocks or foreign equities to your portfolio.
Investing in Water for Beginners
As you know, over 70% of the world is made of water. However, you may be surprised to know that 97% of that water is undrinkable saltwater. Today, only 1% of the water on this planet is easily accessible freshwater. The other 2% of the water supply is freshwater that is trapped underground. Here is a look at three other reasons to consider investing in water.
Process of African Diaspora Accession of Passports/Citizenship from the Government of Sierra Leone
Did you know that Sierra Leone African Diaspora affects tens of millions of people around the world? If you are an African American who can trace their ancestry to Sierra Leone, then you may be able to apply for a passport or citizenship. A second passport or second country of citizenship may be valuable for you for freedom of travel and other benefits. Here’s a look at the process by which you can attain a passport or citizenship to Sierra Leone.
Buying Stocks at a Discount by Selling Put Options
Do you like to shop for stuff on sale? Then you may be surprised to know that you can buy your favorite stock for a discount. In fact, this strategy is one that has helped Warren Buffett get his favorite stocks at a lower price. It is known as put selling. Here, we will take a look at what put selling is and how it can lower your cost of buying a stock.