Mindblown: a blog about philosophy.

Following the debut placement of the sovereign bonds of Tajikistan in 2017 and successful issues of Uzbekistan’s sovereign and sovereign-owned corporate bonds in 2019 – 2020, it was only a matter of time for Kyrgyzstan to consider tapping the Eurobond market. Akylbek Zhaparov, Prime Minister of the Kyrgyz Republic speaking at the meeting with top…

Fuel prices hit 7-year high, car rental, and airfare prices also on the rise as 44 million Americans take to the road over the holiday weekend As Americans hit the roads for the July 4 holiday weekend, filling their tanks is going to put a large dent in their holiday funds. According to the American…

The Federal Reserve kept interest rates on hold at close to zero last week. With inflation rates increasing, analysts believed there was an outside chance that the Fed would increase the base rate. Instead, they said that the inflation the country was experiencing was largely reflecting transitory factors. In a statement, it said that although…

Latest figures show £2bn fall in the first quarter of 2021 The first three months of 2021 paint a bleak picture for British food and exports to the European Union (EU). The fall of £2 billion represents a drop of up to 90% in sales to the Eurozone and has been described as a disaster…

Rail operator Eurostar warned back in November that it was “fighting for survival.” This came on the back of a massive reduction in passenger numbers, forcing it to scale back drastically on the number of services it was running. Now, it has had to secure a £250 million rescue package from investors and banks to…

Google parent Alphabet Inc. announced record profits for the second consecutive quarter and a $50 billion share buyback scheme. At the same time, they warned that a note of caution is warranted as the surge of ad sales and record usage levels is expected to decline as the pandemic eases and restrictions are lifted. The…

Microsoft Corporation has announced plans to buy Nuance Communications, a tech firm that is perhaps best known for the large part it played in developing Apple’s Siri voice assistant. The deal is valued at close to $20 billion and is the second-largest acquisition made by Microsoft after it purchased the social networking platform LinkedIn in…

JP Morgan Chief Executive Jamie Dimon said the U.S. economy is going to emerge from the pandemic into a boom that is likely to last until at least 2023. The head of America’s biggest bank made his statement in his annual letter to shareholders on Wednesday the 6th of April. He said that strong consumer…

Many of us struggled through the worldwide pandemic. Jobs were shed and businesses collapsed. Meanwhile, most of the world’s richest people got even richer still. 86% of the world’s wealthiest people are richer than they were before the pandemic began. Overall, there were 2,755 billionaires listed, 660 more than the previous year. According to Forbes,…