Experts of the international rating agency Fitch believe that Libra, Facebooks' cryptocurrency, the launch of which is expected in 2020, may be viable. After analyzing the possibilities of a new digital currency, the agency indicated that Libra had certain technological advantages, such as its belonging to the category of stablecoins, tied to the national currency or assets reserves, which makes its price less volatile compared to other cryptocurrencies. The advantage of Libra is the prospect of its use on the world's largest social media platform with more than 2.7 billion users. Agency experts point out that the attractiveness of the new digital currency as a means of exchange, in addition to the stability of its price, is also in the possibility of avoiding the speculations characteristic of existing cryptocurrencies.
Worst may be over for virus-beaten British economy: Reuters poll17.06.2020
Russia's unemployment rate reaches 6.1% for May11.06.2020
Port of Los Angeles inactive in May; COVID-19, trade war threaten peak season10.06.2020
Mexico’s economy may have shrunk by 17% in April; finance minister says