Mobius warns ‘crypto could really blow up’: central banks should pay attention

Mobius warns ‘crypto could really blow up’: central banks should pay attention

Mark Mobius, the veteran emerging markets investor, warned of a potential cryptocurrency collapse that would be felt across global stock markets. “Cryptocurrency is something that could really blow up. If bitcoin crashes, it will probably affect stock markets across the world, although temporarily,” Mobius, one of the world’s most renowned investors, told Financial News. The price of bitcoin … Read more

WHO warns of rise in Covid cases across Europe for third consecutive week as restrictions are eased

WHO warns of rise in Covid cases across Europe for third consecutive week as restrictions are eased

A Covid patient breathes oxygen through a mask at the sub-intensive care unit of the Casalpalocco hospital, south of Rome, on October 13, 2021.Alberto Pizzoli | AFP | Getty ImagesCovid cases in Europe have increased for the third consecutive week, World Health Organization officials said at a briefing Wednesday, urging caution as temperatures fall and … Read more

UK Covid cases near 50,000 in one day as No 10 warns of ‘challenging’ winter | Coronavirus

Downing Street has warned of “challenging” months ahead as UK coronavirus cases reached their highest level since mid-July.The reported number of Covid cases in the UK increased steadily through October and reached 49,156 on Monday, the highest reported since 17 July and a 16% rise in new cases over the past week.The figure is only … Read more

IMF warns of the danger to the financial system from ‘disappearing’ crypto coins and the instability of stablecoins | Currency News | Financial and Business News

Bitcoin balloon

Bitcoin balloon Andriy Onufriyenko The IMF warned countries about the risks that came with the growing crypto space in a report Tuesday. More than 16,000 tokens have been listed on exchanges, but only around 9,000 exist today, the report said. The fund said stablecoins were vulnerable to volatility and investor runs despite being pegged to … Read more

Queensland in ‘very criticial moment’ in COVID-19 pandemic, virologist warns

Queensland in 'very criticial moment' in COVID-19 pandemic, virologist warns

Queensland’s unfolding COVID-19 outbreak has put the state on a “knife’s edge”, with the next few days crucial in containing the virus.Key points:An expert says Queenslanders must minimise contact with others while the latest infections are investigatedQueensland is near the back of the pack nationally when it comes to vaccination ratesQueenslanders are being urged to … Read more

Tasmania needs 90 per cent COVID vaccination rate before fully opening borders, Premier warns

Close up of Premier Peter Gutwein, a man in a puffer vest with a bald head

The Tasmanian Premier has warned that the island state will not reopen its borders to all of the country until it reaches a 90 per cent vaccination rate against COVID-19.Key points:Premier Peter Gutwein says Tasmania could record nearly 15,000 COVID cases within six months if it reopened its borders when it reached 80pc vaccinatedState-specific modelling for … Read more

NSW warns businesses against letting in unvaccinated people as Victoria overhauls Covid contact tracing | Health

New South Wales businesses have been warned they will be fined if they provide services to unvaccinated people in the early reopening stages, while Victoria is overhauling contact tracing to keep up with growing case numbers.Victoria recorded 950 new cases of Covid on Wednesday, topping NSW for the second day, which reported 863 cases and … Read more