Tuesday, January 11, 2022

Bitcoin falls to $40,000 USD - Some Investors buy low

Bitcoin certainly fell to a low number such as $40,000 USD. Unfortunately for the hopeful investors, Bitcoin prices are down more than 40% since reaching an all-time high of $69,000 USD in early November. It seems that cryptocurrency Bitcoin is certainly not having a good year. Unexpected moves happened in 2021. Now, the 2022 year is seeing a bad start, indeed.

The stock market keeps changing in different ways. Some investors expect that rising inflation pressures will force the Federal Reserve to raise interest rates more aggressively than initially anticipated. Investors have to think about the amount of risk they want to take with volatile investments.

"Bitcoin and Ethereum got knocked down early as Treasury yields surged as expectations remain strong that inflation will not ease anytime soon, prompting the Fed to deliver more than a few rate hikes this year," said Edward Moya, as a senior market analyst at OANDA.

Some hopeful digital currency investors are buying Bitcoin's latest "low fall", however some analysts think that Bitcoin prices in the near future will be around the current price. Optimism exists for Bitcoin's long-term potential. It really seems that short-term volatility will really remain elevated for Bitcoin and Ethereum.

Bitcoin really fell below $40,000 for the first time since September on Monday.

News may impact the price of Bitcoin. The Fed warned on Wednesday it may move more aggressively to remove pandemic-era stimulus as it looks to combat high levels of inflation.

Many analysts expect bitcoin to hover around $40,000  for some time.

A selloff could push bitcoin down another 8% from current prices to as low as $38,000.

Volatility measures the degree of change in the price of an investment over a certain period of time. A stock with a price that changes quickly and regularly is certainly more volatile. High volatility generally makes an investment riskier and it also means a greater potential for certain gains, or losses.

Below are some of the most risky volatile investments:

Oil and Gas Exploratory Drilling
Limited Partnerships
Penny Stocks
Alternative Investments
High-Yield Bonds
Leveraged ETFs
Emerging and Frontier Markets

Sunday, January 9, 2022

UK coronavirus deaths top 150,000

DW News shows that more than 150,000 people have died in the United Kingdom  after catching coronavirus Covid-19, the British government said on Saturday.

Prime Minister Boris Johnson said the virus has "taken a terrible toll on our country" and offered his condolences to people who have lost friends and relatives.

The UK is one of the most affected countries in Europe, second only to Russia, which has a reported death toll of almost 315,000.

Globally, the UK is the seventh country to pass this grim milestone, following the United States, Brazil, India, Russia, Mexico and Peru.

Canada: Mulling the idea of mandatory vaccination

CTV News Channel on Youtube shows how a human rights lawyer and bioethicist discuss the idea of mandatory vaccines in the country of Canada.

Saturday, January 8, 2022

Canada: Business owners upset as Ontario ramps up pandemic rules

Global News in Canada shows that the Canadian Federation of Independent Business predicted at the beginning of September 2021 that 1 in 6 business owners wouldn't make it through the dangerous pandemic - a figure that will certainly worsen. 

And now with COVID-19 cases rising, Ontario is ramping up restrictions, triggering fears retailers, restaurants, pubs and bars will again certainly see profits plummet. 

The latest provincial public health measures also include capacity limits for retail and closures for concert venues and theatre cinemas that will last through Jan. 26. Mike Drolet looks at the big toll this is taking on struggling business owners barely keeping their doors open.

Canada: The fly-in community where nearly half of people have COVID

CityNews Channel on Youtube shows that so-called Bearskin Lake First Nation doesn't know how much longer it can hold on. The fly-in community has a COVID positivity rate of nearly 50%, and is running out of people who can provide essential services. It's now pleading for the Canadian military to step in.

Canada’s Health Minister believes mandatory vaccines are coming

CityNews Channel on Youtube shows that Minister Duclos says mandatory vaccines are the only way to curb COVID, but says that’s up to the provinces.

Canada: Ottawa promises 140 million rapid tests in weeks amid high demand

Global News in Canada shows that with many Canadians struggling to find Coronavirus virus COVID-19 rapid tests amid the Omicron virus variant surge, Ottawa now says it will distribute 140 million kits by the end of the month. As Abigail Bimman reports, critics are still waiting for a more consistent and standardized good response to the crisis across the country.

And with cases certainly increasing, Ontario is ramping up restrictions, triggering fears retailers, restaurants, pubs and bars will again see profits plummet. Mike Drolet looks at the toll this is taking on business owners barely keeping their doors open.

Essential services across Canada hit by staff shortages as Omicron surges

CBC News in Canada shows that emergency services in many major Canadian cities are facing certain staffing shortages due to an unfortunate surge in Coronavirus virus COVID-19 cases across the country, with police, ambulance and fire departments all really scrambling to redeploy and bolster their ranks.

Canada: Hospitals face alarming trend of child and infant COVID-19 patients

Global News in Canada shows that as the Omicron Coronavirus virus variant drives Canada's COVID-19 case count higher, more children and infants are ending up in hospitals with the dangerous coronavirus. Caryn Lieberman looks at what pregnant people can do to better protect infants and how advice is evolving on how to use so-called rapid tests.

Meanwhile, rapid tests have become a popular way for Canadians to find out if they have COVID-19. But what's the best way to collect a sample? From your nose? Or your throat? As Jamie Mauracher explains, advice is evolving on how to use rapid tests.

Canada: What are the legal rights of unvaccinated workers?

Global News in Canada shows that workplace vaccine mandates are becoming increasingly common and controversial amid the COVID-19 pandemic, with Canada's Employment Minister Carla Qualtrough warning that unvaccinated workers who lose their jobs may not be eligible for Employment Insurance (EI) benefits. But is this permitted under the rule of law? 

Employment lawyer Lior Samfiru sheds light on the recent comments from federal officials on access to employment benefits and things to look out for in employers' vaccine mandates.

Canada Provinces could make vaccination mandatory, says federal health minister

CBC News in Canada shows that Canada's Minister of Health Jean-Yves Duclos said that provinces really likely will start turning to mandatory vaccination policies to deal with swelling Coronavirus COVID-19 caseloads that are threatening to overwhelm certain hospitals.

Canada's daily cases 400% higher than peak of 3rd wave due to Omicron: officials

Global News in Canada shows that public health officials and federal ministers gave an update on Friday on the ongoing government and public health response to the Omicron variant.

Dr. Theresa Tam, Canada’s chief public health officer, said that daily case counts have been rapidly increasing since the holidays, with the dangerous Omicron variant dominating cases.

The most recent test positivity rate currently sits at 29 per cent, indicating significant community transmission, and the current daily case counts are certainly already 400 per cent higher than the peak of the third wave.

The average daily case count has really increased by 65 % compared to last week, with an average of nearly 42,000 cases being reported daily for the last seven days.

However, Tam said that certain cases of severe illness due to the Omicron variant are not expected to rise.

Health Minister Jean-Yves Duclos and Intergovernmental Affairs Dominic LeBlanc reassured Canadians that the federal government is really anticipating more calls for more help from provinces over the next week and is ready to help with the resources needed.

Tuesday, January 4, 2022

Coronavirus situation in United Kingdom becomes worrying as Omicron variant cases spike

WION Channel on Youtube shows that the Covid-19 situation in the United Kingdom and the United States is becoming worrying with the Omicron variant of the coronavirus fueling infections and becoming the primary reason for the spike in daily cases.

Europe grapples with omicron response +++ New B.1.640.2 variant "no reason to panic"

DW News shows that Europe is preparing for an even bigger larger wave of new infections of COVID-19. The more contagious omicron variant is really quickly becoming dominant. It's feared the number of new cases will climb to new records, as more testing is done following the holiday season. France's parliament is debating whether to limit access to more public spaces - and really only allow entry for the vaccinated. Each country is grappling with the way forward.

Why boosters alone won't be enough to quell the latest global surge of coronavirus

ABC News (Australia) on Youtube shows that as the omicron variant causes coronavirus numbers to surge across the world, the rush for rapid tests and boosters is putting tremendous strain on various sectors. Infectious diseases expert Oksana Pyzik tells The World while this "hairpin curve" is alarming, it also means "we'll come out of it much faster than with other waves."

France expands financial aid for businesses impacted by pandemic

Global News Channel on Youtube shows that French Finance Minister Bruno Le Maire announced Monday that the country would spend approximately 100 million Euros to expand financial aid for companies hit hard by the coronavirus pandemic. 

Additionally, France will lower the threshold for companies to claim state support for turnover losses. Also, businesses in the tourism industry in particular will be eligible for help to cover losses linked to COVID-19 restrictions. 

As of Monday, consumption of food and drink was banned on public transport, as well as in movie theatres. In bars and restaurants, patrons will have to be seated to consume food and drink.

The seven-day rolling average of new cases in France has reached a new all-time high of 162, 041, jumping almost 5-fold in a month.

Australia and Omicron COVID-19 variant causes worldwide chaos

9 News Australia on Youtube shows that the surge in Omicron COVID-19 cases is causing chaos worldwide, with the UK preparing to lose 25 per cent of staff to illness and isolation, cases in the US reaching nearly 400,000 per day, and violent clashes breaking out in Europe.