China’s State-backed E-Currency – Everything You Need to Know

Graphic representation of China's digital Renminbi

Source: Depositphotos

Reading time: five minutes

For the past several months, the Chinese government has been hard at work to create an electronic equivalent of its national currency—the Renminbi. If successful, the e-RMB will become the first digital currency to be officially used by a leading economic power.

With that said, there are growing concerns that Chinese officials might abuse the power that comes with a state-backed digital currency to further their nationwide surveillance efforts.

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Travel in a Post COVID-19 World: What Will Change?

Girl sitting on luggage at airport

Source: Pexels | Author: Anna Shvets

Reading time: 10 minutes

If we can all agree on one thing, it’s that the world will never be the same after COVID-19. 

It has been estimated that the better part of the global population currently faces travel restrictions, about 25 million people in aviation and a 100 million more in the travel sector are at risk of losing their jobs, and the world is still reeling from the billions upon billions of lost profits. In unprecedented times like these, many are wondering if the days of travel as we remember it are over.

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Expedia’s Shares Tumble by 15% As It Reports Fewer Bookings

Expedia loses money due to COVID-19.

Source: Depositphotos | Author: DeltaStock

Reading time: two minutes

The price per share fell after the online travel company announced its weaker-than-usual earnings release for its first quarter of 2020. Expedia executives, however, remain optimistic, stating that they have observed higher booking activity in recent weeks and are hard at work coming up with new ways of promoting the business beyond investing in Google Ads campaigns.

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Changes to Trading Hours (1 June 2020)

Снимка на аналогов будилник върху бюро

Source: Pixabay

Reading time: 1 minute

We are informing all our clients that, in connection with Pentecost Monday – a non-working day in Germany, on June 1 2020 (Monday), the CFD markets on German shares will be closed.

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