Tesla will suspend the sale of electric vehicles for Bitcoin due to environmental damage from mining and cryptocurrency transactions. This was stated by the head of the company Elon Musk on Twitter.
“Tesla has suspended the purchase of cars using bitcoins. We are concerned about the growing use of fossil fuels, especially coal, which causes bad emissions, for mining and bitcoin transactions,” Musk wrote.
According to him, “cryptocurrency is a good idea on many levels with a promising future,” but the company cannot afford to harm the environment. As a result, Tesla will also not sell its bitcoins or use them for transactions until cryptocurrency is mined using sustainable energy sources.
After Mask’s statement, the value of bitcoin fell by more than 17% to 46.2 thousand dollars.
Exports of goods accounts for a third of Ukraine’s GDP.But we sell primarily raw materials abroad. It is a marker of underdeveloped countries and a path that does not contribute to economic development. Our state’s strategic task is to increase the exports of high-tech goods with high added value: that is, not just to grow […]
Next year, Ukraine may face a number of macroeconomic risks that will greatly affect economic growth. The Ministry of Finance listed these risks. In particular, Ukraine may lose 0.6-0.8 percentage points of GDP growth due to too low grain yields, due to which the budget will not receive UAH 8.5 billion. At the same time, […]
The low-cost airline Ryanair plans to expand in Ukraine if the open skies agreement with the EU is approved in the coming months. CEO Michael O’Leary stated this. O’Leary predicts the signing of an agreement between Ukraine and the EU by the end of 2021. “One of the markets I would single out is Ukraine. […]
Ukraine plans to privatize 737 state-owned enterprises during 2021-2023. The Ministry of Economy published the list of objects for sale. Although some companies will be able to sell only after the amendments to the legislation. In particular, such large enterprises as Centerenergo, the United Mining and Chemical Company, Turboatom, the Zaporizhia Titanium and Magnesium Plant, […]
Apple Inc, according to a lawsuit filed by Epic Games Inc., must allow mobile app developers to redirect users to alternative resources to pay for services in the App Store. The Wall Street Journal reported this. A 30% commission is now charged on each purchase. Judge Yvonne Gonzalez Rogers concluded that Apple’s practice was uncompetitive […]
The World Bank will provide Ukraine with a second tranche of $ 350 million, but subject to certain conditions. WB Vice President for Europe and Central Asia Anna Bjerde told Interfax-Ukraine what exactly is expected from Kyiv. “The prospects for the second tranche of the Economic Recovery Development Policy Loan depend on maintaining an adequate […]
September 13, 2021 — Stockholm, Sweden — Beetroot AB, the tech division of the Beetroot ecosystem, opens a new location in Mariupol, Ukraine. The company is currently accepting applications for over fifty software development vacancies in its international client projects. In Mariupol, Beetroot will focus on building teams of tech specialists to work on a […]
The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff. “We do not agree with some legal nuances and consider the amount of the […]
The fall of the hryvnia will not happen again in the event of a full lockdown, as in March, assured the director of the open markets department of the National Bank Oleksiy Lupin. “We do not expect a repeat of the March events in the foreign exchange market, because in March it was something new, […]Next
Ukrainian company SkyUp Airlines opens new foreign routes departing from Kyiv, Lviv and Kharkiv. On Tuesdays and Fridays flights are scheduled from Kiev to Belgrade and Stockholm, on Thursdays and Sundays in Bratislava, on Wednesdays and Sundays in Amman, on Mondays and Thursdays in Colombo, on Wednesdays and Saturdays in Dubai. From Lviv on Wednesdays […]Next
In the United States over the past 15 years, 25 billionaires have paid a much lower income tax than they should have. ProPublica based on confidential data from the US IRS published the investigation. In particular, among the 25 billionaires are Berkshire Hathaway CEO Warren Buffett, former New York Mayor Michael Bloomberg, Amazon founder Jeff […]Next
As Yaroslav Levitskyi, Pro Agro Company analyst mentioned, in this season the India could be one of the three potential buyers of Ukrainian wheat. Now it the one of the biggest importer of Ukrainian sunflower oil and the pea. The main reason for it is a lacking volume and high local wheat price in India. […]Next
The Cabinet of Ministers at a meeting on Wednesday, August 4, approved an energy security strategy. During the presentation of the document, Energy Minister Herman Galushchenko said that the strategy identifies, in particular, 29 threats to energy security, the key of which are cyber threats, Russian aggression, depreciation of fixed assets, lack of energy reserves, […]Next
The editorial office of our magazine has already repeatedly mentioned a subject of investments in the publications. Even, if you aren’t ready to invest the money in a new perspective or the existing and stable project, understanding of general tendencies of the market for any entrepreneur now – for a beginner or an experienced person is the […]Next
The computer system of the American medical company Universal Health Services, which has a membership of over 400 medical institutions, has become the object of attack by hackers that demand the ransom. This was reported by CNBC, citing sources from the company’s employees. According to the TV channel, computers in the various institutions of the […]Next
INTENDED POTENTIAL Each country possesses certain positive qualities that enable it to compete for investment when attracting foreign capital. These can be natural resources, geopolitical features, the legal system, level of production, technological and cultural development, etc. Since Ukraine has declared its independence, a certain rating of its investment attractiveness potential has also emerged. Land […]Next
One of the world’s largest investment banks, Goldman Sachs, has sold shares worth $ 10.5 billion because of large package deals, Bloomberg reports, citing a customer newsletter. The bank sold securities of Baidu Inc., Tencent Music Entertainment Group and Vipshop Holdings Ltd. worth $ 6.6 billion before the opening of American markets. The bank then […]Next
Two of the biggest telecom operator in France, recently reported about their intentions to merge. The amount of the transaction and its details were not disclosed at the moment. This is not the first attempt to conclude an agreement on the merger, talks between the parties were conducted in the past year, but companies could […]Next
The Cofco Agri Ukraine Company, which belongs to the Chinese Cofco Corporation is one of the largest global manufacturers and suppliers of agricultural products and foodstuffs, will officially launch the terminal in Mykolaiv sea port on May 19. This is reported by the “Interfax-Ukraine” with reference to the company’s message. This terminal is one of […]Next
The Ukrainian economy will recover from the effects of the corona crisis in two or three years. This assessment of experts was published by the Ministry of Economy in a report on the impact of coronavirus on Ukraine. The agency reminded that last year the economy lost 4%, but this year GDP is expected to […]Next
The container operator of the Ukrzaliznytsia the Liski Company, plans to create Portside grain terminal with a capacity of about 15 thousands TEU in a year. It is reported by the UkrAgroConsult. According to the report, the new facility will be located in the territory of the structure Odessa-Liski, which serves the container flows of […]Next
In the next five years, Naftogaz plans to invest $ 7.3 billion in hydrocarbon production, said Otto Waterlander, the group’s chief executive officer, at a presentation of NJSC’s business strategy. “Over the next five years, our business plan assumes that we will invest $ 7.3 billion in mining, upstream, and double that amount over the […]Next
The increase of the minimum wage in Ukraine from UAH 5,000 to UAH 6,500 in 2021 may increase the state budget deficit to more than 6% of gross domestic product. This is stated in the economic review of the World Bank. In addition, the increase in the minimum wage will increase the overall need to […]Next
Ihor Doroshenko has been left in the predetention center. The appellate court of Kyiv rejected a request of Ihor Doroshenko, an ex-chairman of the board of Mikhaylovsky bank to be entitled to plead and left it in the predetention center — the press service of Appellate court of the Kyiv city reports. Therefore, the judge’s […]Next