How Bhutan is Mining Bitcoin to Fuel Economic Growth
Bhutan, the small Himalayan nation known for its Gross National Happiness index, is boldly stepping into the world of cryptocurrency. As part of their ambitions to modernize their economy, they are partnering with Singapore-based Bitdeer Technologies Group, a company listed on Nasdaq, to establish a massive Bitcoin mining operation. Partnering with Bitdeer Technologies for Bitcoin […]
A Testing Time for Policymakers: China’s Economic Recovery Slows Down
China’s April economic data exhibited an inconsistent recovery trajectory from the effects of stringent COVID-19 restrictions, falling short of economists’ expectations. According to a Reuters poll, Industrial production increased by 5.6% year-on-year, a stark contrast to the anticipated 10.9% rise. In comparison, the figure was up by 3.9% in March. Retail sales witnessed an 18.4% […]
Pakistan’s Economic Crisis: A Tale of Mismanagement and the Road to Recovery
Pakistan‘s economic crisis has deepened over the past few years, with inflation soaring above 30%, causing widespread suffering and desperation among its citizens. The country’s GDP, per capita income, and GDP growth are the lowest in the region, with only war-torn Afghanistan faring worse. The Human Development Index ranks Pakistan 161st out of 185 countries, […]