The Traderszone Network

22 December, 2021 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: Weaker than expected CNY mid-rate setting

ForexLive Asia FX news wrap: Weaker than expected CNY mid-rate setting

More on the South Korean oil reserve release
Japan has boosted its GDP forecasts, as expected
FX option expiries for Thursday 23 December 2021 at the 10am New York cut
PBOC sets USD/ CNY reference rate for today at 6.3651 (vs. estimate at 6.3570)
Japan government bond (JGB) iss

22 December, 2021 by The TZ Newswire Staff Comments Off on VOLATUS AEROSPACE CORP. Formerly, Partner Jet Corp. Announces the closing of the Reverse Takeover Transaction and Completion of Name Change

VOLATUS AEROSPACE CORP. Formerly, Partner Jet Corp. Announces the closing of the Reverse Takeover Transaction and Completion of Name Change

Not for distribution to U.S. news wire services or for dissemination in the United States

22 December, 2021 by The TZ Newswire Staff Comments Off on How Crypto Losses Could Result in Tax Benefits

How Crypto Losses Could Result in Tax Benefits

Even if you suffered losses on your crypto investments this year, there’s still some good news.

The IRS allows investors to claim deductions on cryptocurrency losses that can lessen tax liabilities or even result in a tax refund. There are also investment strategies you can use throughout the year to maximize your losses and get the most out of your crypto investments.

Offset capital gains

Cryptocurrency losses can be used to offset capital gains. A capital gain occurs when you sell, transfer or otherwise dispose of your crypto for a profit.

read more

22 December, 2021 by The TZ Newswire Staff Comments Off on El Salvador Buys 21 More Bitcoins to Celebrate 21st Day, Year, Century

El Salvador Buys 21 More Bitcoins to Celebrate 21st Day, Year, Century

El Salvador Buys 21 More Bitcoins to Celebrate 21st Day, Year, Century

El Salvador, the country which made bitcoin legal tender, has purchased 21 more bitcoins to celebrate “the last 21st day of the year 21 of the 21st century,” President Nayib Bukele announced. The country has bought about 1,391 bitcoins altogether.

read more

22 December, 2021 by The TZ Newswire Staff Comments Off on White House Mulling Strict Export Controls On Russia Which Resemble Iran Sanctions

White House Mulling Strict Export Controls On Russia Which Resemble Iran Sanctions

White House Mulling Strict Export Controls On Russia Which Resemble Iran Sanctions

The Biden administration has prepared a punitive package of potential sanctions which would be ready to go in the instance of Russia invading Ukraine, which would involve tightening export controls in order to hurt Russia’s economy.

read more

22 December, 2021 by The TZ Newswire Staff Comments Off on Fed: Pandemic Caused In-Person Card Payments to Drop by $11.7B in 2020

Fed: Pandemic Caused In-Person Card Payments to Drop by $11.7B in 2020

In a report released Wednesday (Dec. 22), the Federal Reserve said that payment behavior saw a massive, pandemic-driven shift in 2020.

As in-person commerce dwindled, in-person card payments also fell. As a result, there were around 11.7 billion fewer payments made, which is the first one-year decline of in-person payments in the Fed’s data.

read more

22 December, 2021 by The TZ Newswire Staff Comments Off on Major Chinese city locks down to control Covid outbreak

Major Chinese city locks down to control Covid outbreak

The outbreak in Xi’an city — population 13 million — stems from the delta variant, authorities said.