Will the Turkish Lira Take the “Worst-performing Currency Ever” Trophy?

Posted on December 17, 2021December 17, 2021

Turkish lira banknote in flames

Source: Depositphotos | Author: DeltaStock

Reading time: 4 minutes

After previously crashing to a then unfathomable record low of 13.44 to the dollar in late November, yesterday the lira plunged to a new shocking low of 17.12 to the dollar after the country’s Central Bank voted to once again cut its interest rate from 15% to 14%.

For perspective, the average mid-2017 value was just 3.5 to the dollar, yet the lira has somehow managed to lose more than 40% of its value against the U.S. dollar this year alone!

Rivian – The Next Tesla or Just the Latest Market Trend?

Posted on November 19, 2021November 19, 2021

Rivian logo on mobile phone screen

Source: Dreamstime | Author: Viewimage

Reading time: 4 minutes

“Investors are looking for the next Tesla and Rivian promotes itself as its major rival, but is far from it. In fact, Rivian looks more like a startup than a company ready to launch its own IPO.”

Ivaylo Chaushev, chief financial analyst of DeltaStock

Ad Astra: How Far Will the Space Industry Fly?

Posted on August 18, 2021August 18, 2021

Rocket launch photographed from below

Source: Dreamstime | Creator: Archangel80889

Reading time: 5 minutes

Sixty-four years after the Soviet Union launched in space the first manmade object – Sputnik-1, mankind sent off the first space tourists and seriously considers colonising Mars. And while, until recently, space exploration was limited exclusively to government and international agencies, in the past couple of decades, an increasing number of private companies are venturing into the space flight business.

NFT – Strange Things People Invest In (Part 2)

Posted on July 12, 2021July 12, 2021

Source: Dreamstime | Creator: Justlight

Reading time: 6 minutes

While in 2020 people dabbled in collecting and investing in cards, toys and wine, in 2021 a new trend appeared in the collectors’ world – NFTs.

Mass Vaccination: How Close Are We to Ending the Pandemic in 2021?

Posted on January 26, 2021January 26, 2021

Person injects 3D visualisation of coronavirus with vaccine Source: Dreamstime

Reading time: 8 minutes

Sixty-two per cent. Ninety-four point five per cent. Ninety-seven per cent. In recent months, the released data on the high efficacy rates and the approval of several vaccines has sparked hope that the repressive reign of SARS-CoV-2 is about to end sooner than expected.

But is this really the case or do we still have a long way to go until we beat the pandemic?

How Will the “Blue Wave” Affect the Markets?

Posted on January 22, 2021January 22, 2021

Source: Dreamstime

Reading time: 5 minutes

As with most other significant political events, the elections for president and those for members of the Congress in the USA also have an impact on the financial markets, and it is quite significant.

After the final confirmation of Joe Biden as the next U.S. president and the winning of a senate seat at the runoffs in Georgia, the Democratic party now practically controls both the White House and the Congress.