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Top 10 Best Cryptocurrencies for Investment in 2021
... various products, such as clothing and automobiles. This enables product authenticity verification and tracking of their movements. The project shows great potential and is successfully evolving, with numerous partnerships established with leading global brands. Over the past year, the cryptocurrency's price has increased by more than 100%. The company's market capitalization stands at $642 million.
Monero
A cryptocurrency that positions itself as a high-privacy payment system. With the use of encryption ...
Global Coffee Exports: Trends and Price Impact in the 2023/24 Season
... investment on global markets, stimulating price increases due to interest from investors and large funds in coffee futures.
Impact on Consumers and the Market
For consumers, rising coffee prices have meant a higher cost for the final product. International brands like Lavazza and Starbucks have announced price increases, which have a direct effect on prices in retail and cafes worldwide. The rising costs may ultimately affect demand, as consumers could face higher coffee costs in stores and restaurants....
Millennials and Credit Life: The Price of Status and Financial Risks
... important than actual wealth.
A Bankrate study revealed that 39% of millennials make expensive purchases for the sake of social media content, even if they cannot afford them.
In the pursuit of an ideal image, individuals buy expensive gadgets, luxury brand clothing, and travel without considering the real costs involved.
Accessibility of Credit Instruments
Modern financial technologies have simplified the process of obtaining credit cards and BNPL (Buy Now, Pay Later) services.
In the U.S., the average ...
Coffee in Russia will increase by 20-40%: Reasons and Consequences
... Consumers
Another price increase will significantly impact various segments of the coffee market in Russia.
Consequences for Retail:
price increases in stores will lead to a decrease in demand for premium varieties;
consumers will more often choose cheaper brands or reduce consumption;
popularity of alternative beverages will rise.
Consequences for the Restaurant and Coffee Business (HoReCa):
necessity to raise beverage prices;
search for new suppliers with more acceptable prices;
shift to cheaper coffee ...
Risk of Bankruptcy for Mercedes, BMW, and Volkswagen: What It Means for Investors
... portion of their revenues.
Declining Demand in Europe:
The European automotive market is facing decreased demand against a backdrop of high inflation, economic difficulties, and support policies for local producers. This diminishes the appeal of German brands' products and threatens their market share.
Competition in China:
The Chinese market, historically a stronghold for German companies, is experiencing pressure from local electric vehicle manufacturers such as BYD and Nio, which are rapidly growing ...