EURUSD struggles over recession risk The euro treads water as talks of recession simmer. The pair found support following the ECB’s pledge to reduce its stimulus, paving the way for an interest rate hike before the end of the year. However, sentiment remains cautious due to Ukraine war developments. Hints of progress in peace talks […]

The post The Week Ahead – Central Banks Go Hawkish Despite Instability appeared first on Orbex Forex Trading Blog.

Genius Sports (NYSE:GENI) stock is sliding today after the sports betting data provider’s fourth-quarter loss was wider than expected. In the last three months of 2021, Genius lost 28 cents a share on revenue of $84.01 million. Analysts expected a loss of 22 cents on sales of $80.72 million. The company reiterated previously issued forecasts […]

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South Africa To Fast Track Cannabis Regulations, Sees International Market Forming In Future

South Africa's government is making marijuana reform a priority now.

The post South Africa To Fast Track Cannabis Regulations, Sees International Market Forming In Future appeared first on The Fresh Toast.

On Thursday, February 10, Cyril Ramaphosa (President of South Africa) announced that the cannabis industry is a significant part of the country's economic plan. His administration plans to open up the domestic cannabis industry to draw in more investors and create thousands of jobs for South Africans. The president disclosed this after the joint sitting of the federation's National Assembly and National Council of Provinces in Cape Town.