borrowing

Britain bets on historic tax cuts and borrowing, investors get scared

Britain bets on historic tax cuts and borrowing, investors get scared

Kwarteng slashes top income tax rate amid growth momentum Huge increase in UK government debt issuance expected Gilts suffer biggest drop in decades The pound falls to its lowest level in 37 years against the dollar LONDON, Sept 23 (Reuters) – Britain’s new finance minister, Kwasi Kwarteng, on Friday announced historic tax cuts and huge …

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Why DeFi speculators are borrowing Ethereum as the merger looms

Why DeFi speculators are borrowing Ethereum as the merger looms

Decrypt DeFi is Decrypt’s DeFi email newsletter. (drawing: Grant Kempster) With the Ethereum merger event just days away, the entire industry is gearing up for the most anticipated network upgrade. Bounty hunters are on the lookout for any bugs in the code; blockchain company ConsenSys launches so-called “durable” NFTs to celebrate the occasion; and crypto …

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