Small countries face hard times

By: Miguel A. Rodriguez

11:54, 19 November 2021

Jihan Wu’s bitcoin mining firm seeks U.S. listing in mega SPAC deal
  • U.N. agency #UNCTAD says a surge in container shipping rates poses a threat to the global economic recovery, with small countries dependent on deliveries by sea expected to be hardest hit by a spike in import prices
  • #Bitdeer Technologies Holding Co., the Singapore-based #Bitcoin mining company, is merging with Blue Safari Group Acquisition Corp. in an estimated $4 billion #SPAC agreement that will allow the firm to trade in the U.S
  • The #euro rebounded away from 16-month lows versus the dollar as traders assessed whether the U.S. currency's recent surge, fueled by differing expectations for interest rate rises, had gone too far
  • #XAUUSD went down 0.4%
  • #BTCUSD dropped 3.9%
  • #WTIUSD added 1.1%

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