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Arden en Barbadás dúas naves nas que unha empresa de reciclaxe almacenaba residuos urbanos e industriais | Noticias de Galicia

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Bank of America slams 'volatile' and 'impractical' bitcoin

Financial News
Bitcoin s volatility makes it impractical as a store of wealth or payments mechanism
Bitcoin’s exceptional volatility makes it “impractical as a store of wealth or payments mechanism,” the bank s analysts said
Getty Images
By
Wednesday March 17, 2021 2:11 pm
Analysts at Bank of America have attacked bitcoin as “exceptionally volatile” and “impractical” in a 17 March research note.
In the note, the analysts said there was “no good reason to own bitcoin unless you see prices going up”.
The analysts said the supply of the cryptocurrency was by design artificially constrained so demand swings are. ....

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Brexit equivalence deal for City is now so unachievable it's 'silly' to bother

Financial News
Brexit equivalence deal for City is now so unachievable it’s ‘silly’ to bother
Six months from now, people will have almost forgotten there is such a thing as equivalence
“Six months from now, people will have almost forgotten there is such a thing as equivalence,” said a senior lobbyist at a bank in London
Getty Images
By
Monday March 15, 2021 12:01 am
There’s a growing consensus forming across the City: The finance sector’s post-Brexit future will be one without equivalence.
Six senior City lobbyists at London’s largest banks and trade groups, as well as regulatory advisers to finance s most senior executives told Financial News that they are now preparing for a Brexit deal that does not hinge on equivalence - where the EU allows those with matching standards access to its markets. ....

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