On Olympics and Bankruptcy

The Olympics have come a long way since the first modern games were held in 1896. The thought of becoming a global city is alluring to many but also demands a cost only a few can afford to pay. Thus, in earlier times the western countries hosted mega sporting events like the modern world fair to cement their global status as that of teeming cultural and economic hubs. However, such extravagant affairs were more like open demonstrations of power than anything else.

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Cryptocurrency : Is it the future or an overhyped bubble?

Over the past few years, the web has developed exponentially and has helped mankind evolve in many ways. Cryptocurrency is one of the products of this process which might go on to influence the development in other sectors like finance and investment. As of recently, there is a rise in the popularity of cryptocurrency since they have started taking the market by storm since 2021.This made many countries consider the legality of these digital assets, with some countries choosing to ban them all together.

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‘tis but a scratch!

On March 7th 2022, the official currency of the Russian federation (ruble) had fallen to its lowest at 150 roubles per dollar. The President of the United States, Joe Biden, also made a triumphant speech on how the rouble had been reduced to rubble as a result of the sanctions imposed on Russia. Moving forward a few weeks, the rouble had gained back the value it had lost by the end of March. By 8th April, the rouble was at its highest since November 2021. The reasons for the rise and fall of the rouble lie behind the loopholes present in the sanctions imposed and steps taken by the Russian government. 

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A Guide To Grand Slam Tournaments

A Grand Slam in tennis is the achievement of winning four major championships in one calendar year. The Grand Slam tournaments in tennis are the world’s four most important tennis events held annually. These tournaments offer a huge amount of prize money and the most ranking points both in men’s and women’s tennis. Winning these tournaments in a calendar year is called a Grand Slam or also known as  Calendar Slam. Whereas, winning these tournaments consecutively but not in a calendar year is called a non-calendar year Grand Slam. Lastly, achieving  these four events or majors within the course of any player’s career is known as Career Grand Slam. These majors are overseen by the International Tennis Federation(ITF). 

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