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On January 27th, a study by the European Central Bank (ECB) found that a relatively controlled price shock could trigger a large-scale inflationary event if it spreads across closely connected networks of businesses. ECB economists Anton Nakoff and Michel Gascib, a researcher at the Barcelona Centre for International Economic Studies, wrote in an article published on the ECBs website on Tuesday that this is because shocks can have cascading effects through supply chains (the cost of one firms output is the input cost of another firm). They pointed out that when the shock is large, this cascading effect can be disproportionately amplified. Major disruptions (such as a sharp decline in productivity or a sustained surge in global commodity prices) can ripple through the entire economy. This finding helps explain why the eurozones inflation rate climbed above 10% after the Russia-Ukraine conflict caused energy costs to soar. ECB officials underestimated the impact on prices at the time.According to statistics from the Peoples Bank of China, as of the end of the fourth quarter of 2025, 275,000 technology-based SMEs received loan support, with a loan approval rate of 50.2%, 2 percentage points higher than at the end of last year. The outstanding balance of RMB and foreign currency loans to technology-based SMEs reached 3.63 trillion yuan, a year-on-year increase of 19.8%, 13.6 percentage points higher than the growth rate of all loans. At the end of the fourth quarter of 2025, 265,400 high-tech enterprises received loan support, with a loan approval rate of 57.3%, 0.4 percentage points higher than at the end of last year. The outstanding balance of RMB and foreign currency loans to high-tech enterprises reached 18.61 trillion yuan, a year-on-year increase of 7.5%, 1.3 percentage points higher than the growth rate of all loans.German Economy Minister: Global uncertainty is high, and the alliances we once trusted are becoming fragile.According to statistics from the Peoples Bank of China, at the end of the fourth quarter of 2025, the outstanding balance of RMB real estate loans was RMB 51.95 trillion, a year-on-year decrease of 1.6%, and a decrease of RMB 963.6 billion for the whole year. At the end of the fourth quarter of 2025, the outstanding balance of real estate development loans was RMB 13.16 trillion, a year-on-year decrease of 3.0%, and a decrease of RMB 357.5 billion for the whole year. The outstanding balance of personal housing loans was RMB 37.01 trillion, a year-on-year decrease of 1.8%, and a decrease of RMB 676.8 billion for the whole year.On January 27th, Deutsche Bank analysts pointed out that with a weakening dollar this year, gold reaching a price target of $6,000 per ounce is achievable. Based on its outperformance over the past two years, gold prices could even reach $6,900 per ounce. Furthermore, regarding silver, the bank believes that even if the gold-silver ratio corrects later, the absolute price of silver is likely to maintain its upward trend.

Banking Behemoth Barclays Buys a Stake in Crypto Firm Copper

Skylar Shaw

Jul 26, 2022 11:35

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One of the biggest banks in the UK, Barclays, has participated in a fundraising round for Copper and is anticipated to spend millions of dollars in the cryptocurrency company, which counts Lord Philip Hammond, a former chancellor of the exchequer, among its advisors.


The investment round for Copper, which offers custody, prime broking, and settlement services to institutional investors investing in cryptoassets, is expected to be completed in the coming days.

Delay of nine months

Despite the recent cryptocurrency meltdown wiping away roughly $40 billion in investor money and more than $2 trillion in market value, Copper has still been able to attract investment from one of the most reputable banks in the world.


Barclays, the world's largest bank, has finished the lengthy investor negotiations that had been put off since November of last year as Copper struggled with a temporary regulatory registration in the UK.


More precisely, the Financial Conduct Authority (FCA) mandates interim registration for digital asset service providers in compliance with money laundering laws. This implies that in order to operate, all crypto-asset enterprises must first seek full FCA registration.


However, Copper subsequently made the decision to become regulated in Switzerland as a result of the financial watchdog's refusal to accept its license registration.


Blockchain.com and Revolut are just two of the many companies that operate under the Temporary Registration Regime (TRR), and more than 100 businesses filed for registration when the FCA took over as the UK's anti-money laundering and counter-terrorism funding body in 2020.

Banking Megacorp

Bloomberg reports that although Barclays has made an undisclosed investment in the "millions of dollars," individuals with knowledge of the situation indicated last year that the funds might increase Copper's worth to around $3 billion. Additionally, the sources said they were uncertain whether the sum raised would be made public.


In 2015, Barclays became one of the first traditional banks to promote cryptocurrency when it started enabling charities to accept contributions made in Bitcoin (BTC) as a form of alternative payment.


However, the bank also has a murky history with cryptocurrencies, having prevented UK-based clients from sending money to Binance by forbidding them from paying the exchange using a credit or debit card. The restriction was implemented soon after the Financial Do Authority said that Binance Markets Limited was no longer permitted to conduct cryptocurrency business in the nation.


Similar to this, Barclays already severed connections with Coinbase and is no longer the bitcoin exchange's financial provider.


In a Series B fundraising round that included Illuminate Financial Management, LocalGlobe, and MMC Ventures and was co-led by Dawn Capital and Target Global last year, London-based Copper received $50 million.

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