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There Is Nothing Virtual About Bitcoin?s Energy Appetite

Creating a new Bitcoin requires electricity. A lot of it. In the virtual currency world this creation process is called ?mining.? There is no physical digging, since Bitcoins are purely digital. But the computer power needed to create each digital…

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China's 2017 growth shows "high gold content"

China’s economic growth pickup in 2017 was better than expected and accompanied by improving quality, efficiency, and structure, a spokesperson for the country’s top economic planner said Monday. “China’s sound economic performance in 2017 was not the result of just…

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UK growth upgrade could 'dwarf' Brexit hit

That’s the argument of Lord Jim O’Neill, the former Conservative Treasury minister and Remain supporter.He said Britain’s growth forecasts are likely to be upgraded as China, the US and Europe show increased activity.The gloomy predictions of the possible effects of…

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Global Economy Surging, But Growth Could Stall

Almost a decade after the financial crisis, economies in just about every corner of the world?the United States, Europe and Japan?are growing in unison. But can the expansion last?Many economists predict it will?at least into this year. But they also…

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