UK Chancellor Jeremy Hunt delivered the Autumn Statement 2023 on Wednesday in the House of Commons, which I believe is lukewarm and insufficient to shift the Conservatives’ political narrative.
This was Hunt’s key opportunity outside of the Budget to unveil tax and spending announcements, and considering Labour are 20 points in front in the polls, it was one of the last chances for the government to change the narrative for the Tories before the general Read More
Changpeng Zhao, or CZ, as he's known, will cause short-term volatility within the crypto market with his departure from Binance. Still, it will continue to flourish as institutional money flows in.
On Tuesday, CZ pleaded guilty to money laundering violations. He agreed to paying a $50 million fine and stepping down from his position as the company’s CEO.
According to federal authorities, Binance has also pleaded guilty. It agreed to pay as much as $4.3 billion in fines Read More
deVere has recently carried out a new survey, revealing over three-quarters of under-40s would rather have Bitcoin than gold in their investment mix.
Indeed, 77% of clients under 40 would choose to have the world’s largest cryptocurrency over gold in their portfolios to build their long-term wealth opportunities, highlighting a major shift in the investment landscape.
The younger generations now believe that Bitcoin is a more dynamic and possibly Read More
Second Round: Setback for Jim Jordan in House Speaker Bid
The second round of voting will start later today (Wednesday, October 19) to name the new US House of Representatives Speaker.
As Trump ally, Republican Jim Jordan lost the initial vote to become House Speaker on Tuesday. A second vote is now planned at 11:00 (15:00 GMT) on Wednesday.
Jordan, who believed he would win the 217 votes required to secure the speakership, came up against Read More
FTX Founder's Trial: A Year After Collapse
The trial of the collapsed FTX crypto exchange founder, Sam Bankman-Fried, is now underway in Manhattan. Almost a year after its collapse following an alleged fraud totalling $8 billion.
The 31-year-old, known as SBF, will face a jury on accusations he embezzled from FTX clients to support his hedge fund Alameda Research. This alongside purchasing luxury properties and donating over $100 million to political candidates in the Read More
It’s been a full-on week for central banks this week, with monetary policy firmly in the spotlight.
The US Federal Reserve kicked off proceedings with Wednesday’s meeting. It kept rates steady with the lower bound at 5.25% and the upper bound at 5.50%. However, is prepared to hike rates again in November.
As the move was widely forecast by analysts and priced in by markets, investors were more interested in what Chair Jerome Powell and Fed policymakers signalled for Read More
20 Years of Insights: Building Strong Global Connections for Success
The ability to build meaningful connections is essential for the success of any global company. Since founding the deVere Group more than 20 years ago, I've had the privilege of leading teams across different continents and cultures.
Through this experience, I've learned what I believe are valuable lessons. Lessons on how to build deeper and more open communication to create stronger Read More
Shareholder Surge, Valuation Recovery Remains Elusive
Tuesday’s Apple iPhone 15 event will boost prices for shareholders but won’t be enough to recover its stock market valuation. A valuation which declined by over 6% or close to $200 billion in two days last week.
Reports that government workers in China have been banned from using iPhones led to a drop in stock prices.
The latest iPhone showcase, 'Wonderlust,' will unveil new hardware on Read More
I'm incredibly proud to have been named one of CEO Views's Best Inspiring Leaders to Watch 2023.
This is particularly special as to be an inspiring leader, you need great people around you, which is what we have at deVere.
Strong, visionary leadership is about making team members feel valued and heard. Supporting and communicating with people within the organisation is critical to building great ideas.
Motivation is also a critical part of inspiring leadership. With Read More
As the latest inflation data confirmed, China fell into deflationary territory in July, with consumer prices down 0.3% from last year. Investors worldwide need to prepare for the fallout and revise their strategies.
China's government has been minimising deflation fears, with People's Bank of China and National Bureau of Statistics officials saying there is no foundation for long-term price drops.
As I was quoted by CBS News, amongst other media, Read More
As heatwaves continue across the northern hemisphere and extreme temperatures are breaking records across the globe, I believe Bitcoin can help to mitigate the climate change crisis.
The world’s largest cryptocurrency is emerging as a possible solution to the global climate change emergency. Indeed, Bitcoin can fuel positive change and help the fight against climate change.
As I said to Bitcoin Insider, Korea IT Times, and Technuter, amongst other media outlets, Read More
In today’s fast-paced and competitive world, the pursuit of success is often seen as an individual aspiration.
However, success carries a deeper obligation - to ourselves, our loved ones, and society. While the definition of success may vary from person to person, the inherent responsibility to fulfil your potential and strive for greatness remains constant.
Achieving success pushes us beyond our comfort zones and challenges us to grow as individuals. By pursuing success, Read More