Author: Paul Amery

Hydrocarbons, geopolitics and money

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Whoever dominates the world’s energy markets rules global politics. Coal fuelled the expansion of the British empire. Control over oil flows helped the US dictate the settlement after World War […]

Stablecoins come unstuck again

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The cryptocurrency market turmoil unleashed by the collapse of lending platform Celsius Network is putting dollar stablecoins under renewed pressure. Earlier today Celsius announced that it was pausing all withdrawals, […]

Blockchain carries seeds of own destruction

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The technology behind the last decade’s cryptocurrency boom—blockchain—carries the seeds of its own destruction, say economists at the Bank for International Settlements (BIS). In a new bulletin, BIS economists Frederic […]

Crypto lender Celsius under pressure

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Cryptocurrency lender and deposit-taker Celsius Network is under increasing pressure after this month’s rout in stablecoins. As at 06.00 GMT on 27 May, Celsius’s native token $CEL was trading at […]

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