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- G-7 Countries Meet to Coordinate Global Policy
G-7 Countries Meet to Coordinate Global Policy
G-7 Countries Meet to Coordinate Global Policy

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G-7 Countries Meet to Coordinate Global Policy

G-7 leaders discussed how to tackle soaring inflation and prevent recession aswell as how to keep up pressure on Russia during its invasion of Ukraine.
Leaders discussed a potential price cap on Russian oil during the 3-day meeting, president Biden later announced banning the imports of Russian gold (a significant export that rakes in tens of billions of dollars for Russia).
Barclays is Buying Mortage Lender Kensington for $2.8 Billion

The deal is supposed to expand Barclays' reach of its offering in Britain's housing market.
Kensington has around 600 employees and has originated approximately $1.9 billion of mortgages in the year to March 31.
Meta Working on a Metaverse Wallet for Digital Items

According to CEO, Mark Zuckerberg, "in the future there will be all sorts of digital items you might want to create or buy" and "proof of ownership will be important, especially if you want to take some of these items with you across different services."
Social media giant Meta is working on a wallet for the metaverse as the company is expanding its NFTs test and launching new features for creators on Facebook and Instagram.
Quote of Wisdom:
“Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day if you live long enough-like most people, you will get out of life what you deserve.”

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.