Matein Khalid The past decade dramatically illustrates the peril of trusting paper money as a store of value in a political system designed to pivot recklessly towards deficit financing and deliberate debasement of the world’s reserve currency. The US national debt is now $37 trillion and the annual budget deficit is now $2 trillion or 125% of GDP. Add political gridlock in Washington, violent migrant riots in […]
HONG KONG SAR – Media OutReach Newswire – 24 June 2025 – MythFocus, a prominent business media platform known for its focus on commerce, entrepreneurship, and inspirational stories, has successfully concluded the “Asia’s Most Valuable Corporate Awards 2025” on June 12, 2025, at the esteemed Mira Hotel in Tsim Sha Tsui. This prestigious event was a celebration of innovation and excellence within the Hong Kong business community, […]
Forecasts place global GDP growth at 3.2 percent for 2025, yet the United Arab Emirates is projected to expand at about 4 percent and the Kingdom of Saudi Arabia by 3 percent, with both economies expected to accelerate through to 2027. These figures mark a significant divergence from the global outlook and underscore the economic momentum building in these Gulf nations. Data from NielsenIQ indicate that both the UAE and […]
Uganda achieved a significant leap in coffee export earnings and volumes during May, driven by a strong harvest in key growing regions and sustained high global prices. The May coffee shipments reached 793,445 bags of 60 kg—an increase of 44% year‑on‑year—while export earnings soared to US$243.95 million, marking a 92% rise compared to May 2024. The Ministry of Agriculture, Animal Industry and Fisheries attributes the performance to robust output from the […]
By Nantoo Banerjee It may be wrong to believe that Israel and the United States of America are the only two countries strongly against Iran’s bid to become a nuclear-armed country. The entire world is concerned about nuclear proliferation and nuclear smuggling and its falling into the wrong hands. The nature of the Iranian regime […]Saudi Arabia’s Capital Market Authority has greenlit three initial public offerings on the Tadawul Parallel Market, signalling sustained investor interest and broadening of the kingdom’s capital markets. The regulator authorised offerings for Zahr Al Khuzama Aluminium Company, Quality Education Company and Sahat Almajd Company Trading on 18 June 2025. The combined volume of shares to be sold stands at approximately 6.175 million, constituting stakes ranging from 11 […]
Cost estimates suggest manufacturing and assembling an iPhone entirely in the United States would push retail prices well beyond current norms, potentially reaching up to USD 3,500. Analysts point to steep labour costs, the absence of a mature electronics supply chain, and existing tariffs as primary drivers behind the inflation. Bill of materials for an iPhone 16 Pro is around USD 550, with assembly and testing adding approximately USD 30 when […]
Bitcoin has surged to command approximately 64 per cent of the global cryptocurrency market, a dominance level unseen since January 2021 and propelled by heavy institutional inflows following the U.S. Securities and Exchange Commission’s approval of Bitcoin ETFs in January 2024. This increased dominance has coincided with a resurgence in confidence for Ethereum, which has seen its share climb from around 7.1 per cent in April to approximately 9.3 per cent today.
This shift marks a turning point in crypto capital flows. For many investors, Bitcoin remains the safe harbour amid global market volatility and rising macroeconomic uncertainty. According to the Financial Times, heightened Bitcoin dominance is underpinned by “heightened institutional investment,” with major hedge funds such as Millennium Management and Brevan Howard among top ETF holders. Smaller tokens have lost ground as smart money funnels into the more established and liquid assets.
Ethereum’s revival reflects this evolving dynamic. Once languishing with just over 7 per cent market share in April, it has rebounded to 9.3 per cent. Analysts attribute the rise to improving investor sentiment and increasing adoption of Ethereum-based applications. Technical indicators also support a bullish outlook: Ethereum’s market value has risen nearly 48 per cent over the past three months, compared to Bitcoin’s 31 per cent.
Chart patterns signal a potential inflection. Bitcoin dominance has encountered resistance at around 64–65 per cent, hinting at a possible reversal. Analysts such as “Astronomer” on social platforms point out that Bitcoin’s market share is approaching a critical ceiling and may soon recede—a shift that historically precedes renewed altcoin activity.
Investor behaviour appears to reflect this emerging balance. Spot Ethereum ETFs have attracted sustained inflows, with over US$1.3 billion entering ETH products across 19 consecutive days. Additionally, ‘smart money’ whale activity in ETH protocols indicates a strategic accumulation, even as retail traders step back. These large-scale holders are said to control nearly 27 per cent of the total ETH supply—an indication of growing institutional confidence.
Market analysts underscore that Bitcoin dominance near 64 per cent still keeps altcoins marginalised. Daan Crypto warns that unless Bitcoin dominance dips below this level, funds will remain weighted toward Bitcoin. The Altcoin Season Index—a metric tracking the performance of top altcoins relative to Bitcoin—currently sits in the 30s, suggesting a fading but not yet full-blown move into altcoins. Historically, a shift above 75 triggers more substantive altcoin rallies.
Nevertheless, proponents argue that liquidity rotation is underway. Ethereum’s rise is seen as the vanguard, often signalling broader market rotation into high-cap alternatives. As Maxwell Mutuma noted, “Altcoins have spent a good part of 2025 playing catch‑up…with Bitcoin’s dominance at 64 per cent, it’s certainly raised some concerns,” even as “Ethereum’s recent surge hints at a broader altcoin rotation”.
Despite current trends, caution remains. Analyst Severino has advised that although technical indicators support a pullback in Bitcoin’s dominance, any full-scale altcoin rally is not yet assured. He emphasises that meaningful declines below 62 per cent in Bitcoin dominance would be needed to confirm a structural shift in asset allocation.
Ethereum stands at the centre of this crossroads. With its market share approaching 9.3 per cent, ongoing technological updates such as the upcoming Pectra upgrade may reinforce investor confidence and drive further capital inflows.
The current scene paints a narrative of cautious optimism. Bitcoin remains firmly dominant, buoyed by institutional demand, but Ethereum’s resurgence signals that capital is beginning to trickle back into the altcoin space. Whether this marks the vanguard of a broader altcoin resurgence or simply a temporary reprieve will depend on whether Bitcoin dominance retreats from its 64 per cent plateau.
New research from CloudMosa shows digital inclusion is shifting from CSR to a core business strategy – and telcos stand to gain if they move quickly Majority (97%) of telco leaders say digital inclusion is now central to their business strategy, driven primarily by the need to bridge the digital divide (71%) With 92% of respondents seeing a strong alignment with government affordability initiatives as a key […]
Matein Khalid There is precious little good news to emerge from the Middle East since the IDF launched its spectacular blitzkrieg and leadership decapitation strike against Iran’s nuclear asset and military/intelligence elite last Friday. This weekend was grim with Iran’s ballistic missile strike on Haifa and Tel Aviv with even a real miss on the IDF command and control complex in Kirya. Netanyahu’s boast that he would […]
SINGAPORE – Media OutReach Newswire – 17 June 2025 – Smartphones have become an everyday essential for adults. So, it’s natural for children to want one. Many parents see smartphones as useful tools for staying in touch with their children when they’re away from home, but smartphones can easily be lost, and they leave children vulnerable to the dangers of social media and too much screen time. […]
Israeli Finance Minister Bezalel Smotrich has ordered the cancellation of a decades‑long indemnity that shields Israeli banks when processing shekel transactions for Palestinian counterparts, a move poised to disrupt salaries, imports and basic services across the West Bank and Gaza.
The directive, issued on 10 June 2025, halts a waiver that permitted Israeli financial institutions to facilitate payments to the Palestinian Authority and local customers without fear of legal consequences. Analysts warn this could sever Palestinian banks’ vital access to the larger Israeli banking system.
Palestinian Monetary Authority officials cautioned that this severance would seriously impede operations such as payments for food, fuel, electricity and water. In 2023 alone, around 53 billion shekels—equivalent to $15.2 billion—passed through Palestinian banking corridors. The revocation of the indemnity risks plunging the territories into a fragile cash‑only system, heightening exposure to theft, fraud and illicit activity.
Smotrich’s decision follows sanctions by the UK, Canada, Australia, New Zealand and Norway imposing asset freezes and travel bans on him and National Security Minister Itamar Ben‑Gvir, citing their roles in incitement and human rights abuses in the West Bank and Gaza. Smotrich maintains the waiver withdrawal is a justified response to what he terms the Palestinian Authority’s “delegitimisation campaign” against Israel.
For decades, Palestinian banking operated without central‑bank autonomy or national currency. Reliance on Israeli shekels and correspondent banking agreements has been critical. International voices—including US Treasury Secretary Janet Yellen, G7 officials and the UN—have repeatedly warned that ending this arrangement could trigger a humanitarian crisis and violate international law.
Local analysts predict the measures will exacerbate an already deteriorating economic landscape. Kristin Ronzi of intelligence firm Rane Network said abolishing this financial collaboration will “impede the Palestinian Authority’s ability to import basic, essential goods such as food and fuel,” likely deepening economic hardship and undermining public sentiment.
The Palestinian banking system, which exceeds 100 % of GDP, is particularly vulnerable to spill‑over effects from Gaza into the West Bank, according to IMF data. The termination of the waiver is feared to amplify credit constraints on private and public sectors alike, risking reduced lending, increased borrowing costs, and even defaults.
International stakeholders, including the US and G7, had pressed for short‑term extensions of the indemnity. Those appeals often hinged on warnings that a collapse of Palestinian financial networks would destabilise trade, delay crucial services, and potentially fuel militant groups reliant on cash economies.
Smotrich is known for his hardline positions: he has previously withheld Israeli-tax clearance revenues and blocked aid in retaliation for moves supportive of Palestinian statehood. In May 2025, he warned publicly that Gaza “will be totally destroyed,” vowing to push Palestinians toward resettlement in other countries.
Within Israel, there is evident friction. Prime Minister Benjamin Netanyahu and some coalition members support Smotrich, but others fear political and economic backlash—particularly amid international outrage and concern over deepening the Gaza violence. The policy must still pass through Israel’s security cabinet before implementation begins.
Across Palestinian chambers in Ramallah and Gaza City, there is growing anxiety. Authorities are scrambling to negotiate with donors, international NGOs and Middle Eastern allies, in hopes of constructing contingency plans. Proposed measures include alternative cash corridors, increased use of digital currencies, and humanitarian exemptions—but none currently matches the scale of the existing system.
Economists warn the broader consequences of this rupture—the Palestinian economy has already lost billions amid conflict. Since October 2023, Gaza’s economy shrank by 61 %, the West Bank by 24 %, and joblessness soared to around 57 % across both territories. Analysts fear the banking clamp‑down could invert years of fragile recovery efforts, worsening poverty and political instability.
Goodwill coverage for affected travel insurance customers includes extending claim submission period from 30 to 90 days to help customers better manage their travel disruptions SINGAPORE – Media OutReach Newswire – 17 June 2025 – On 16 June 2025, Etiqa Insurance Singapore announced its commitment to supporting its travel insurance customers who have been affected by the impending closure of Jetstar Asia’s operations. Recognising the disruption and […]
The Trump Organisation has unveiled Trump Mobile, featuring a $499 gold-hued T1 smartphone and a monthly “47 Plan” priced at $47.45. Designed to target conservative consumers disenchanted with mainstream providers, the offering promises an American‑branded telecommunications package with US‑based customer support and domestically produced handsets. Donald Trump Jr and Eric Trump introduced the venture on 16 June 2025 at Trump Tower, emphasising the use of US‑made phones […]
Key Highlights Get real-life ideas for how to use Odoo ERP software in American businesses. See how Odoo ERP can help business operations by bringing project management tools and workflows together in one place. Find out about good tips, features, and best ways to set up Odoo ERP systems. Learn about answers and solutions to usual problems that can come up during the ERP implementation process. See […]
By Nantoo Banerjee With the country’s consumer price inflation rate hovering around 3.20 percent in the last two years, the Reserve Bank of India’s latest decision to cut the bank rate by 50 basis points, the third consecutive reduction since February this year, may be understandable. However, it seems to have come at the wrong […]Donald Trump’s financial disclosure for the 2024 calendar year reveals more than $600 million in gross income and at least $1.6 billion in assets, offering a detailed window into the former president’s expansive business empire and the diversification of his revenue streams. The filing, submitted on 13 June 2025, highlights a sharp rise in earnings derived from cryptocurrency ventures, numerous golf and hospitality properties, global licensing agreements, and an […]
G42 has inaugurated a London-based subsidiary, named G42 Europe & UK, marking a strategic expansion into the continent’s private and public sectors. The entity aims to deliver AI-driven solutions and collaborate with governments and industry partners to erect critical AI infrastructure across continental Europe. The new operation will be co‑chaired by Omar Mir, a board member at World Wide Technology with over 20 years’ experience in 5G, edge computing, […]
Foxconn’s latest customs data confirms that from 1 March to 31 May 2025, an overwhelming 97 per cent of all iPhones assembled in India were destined for the United States, totalling $3.2 billion in exports—nearly double the 50 per cent average seen throughout 2024. May alone accounted for almost $1 billion, the second‑highest monthly export value ever recorded—just behind March’s $1.3 billion. This sharp shift reflects Apple’s concerted effort to navigate escalating U.S. tariffs targeting Chinese […]
The newly announced trade agreement between the United States and China offers temporary relief from economic tensions, but it does not resolve the deep strategic rift between the world’s two largest economies. For investors, I believe, this is a short-term fix within a long-term rivalry, and portfolios must be positioned accordingly. President Donald Trump’s statement that a deal is “done” follows two days of talks in London. […]
Running a business in 2025 is increasingly moving online — and documentation is no exception. One of the most common questions among entrepreneurs and freelancers is how to quickly and correctly issue an invoice without involving accountants, dealing with paperwork, or registering on complex platforms. While managing finances and sending invoices is becoming simpler, it’s just as important to have a reliable online presence to support your […]
Mergers and acquisitions across the Middle East are poised to slow as escalating global trade tensions erupted following the Trump administration’s imposition of reciprocal tariffs on 2 April. A sweeping 20 percent tariff on EU goods, 10 percent on UK imports and 25 percent on automobiles rattled markets and shook corporate confidence, triggering what dealmakers describe as a “major escalation” in international trade friction. A recent global survey conducted by […]
The Logistics Real Estate Market on the Chinese Mainland Shows Signs of Stabilization Amid Ongoing Consumer and Industrial Demand HONG KONG SAR – Media OutReach Newswire – 10 June 2025 – Cushman & Wakefield (NYSE: CWK) has published its inaugural global logistics and industrial outlook, ‘Waypoint 2025‘, which highlights a significant shift in the sector as global supply chains are reconfigured and cost pressures evolve. Drawing on […]
