Editor's Picks

Why Coca-Cola Has Been In Warren Buffet’s Portfolio For 33 Years?

Why Coca-Cola Has Been In Warren Buffet's Portfolio For 33 Years?
by Zack Smith
April 6, 2021
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Why Coca-Cola Has Been In Warren Buffet's Portfolio For 33 Years? Beverage giant Coca-Cola (NYSE: KO), with Berkshire's annual yield of 52 percent on an initial investment basis, has been in Buffet's investment portfolio for 33 years. Coca-Cola is making history as Buffet's longest affiliated holding. 400 million shares owned by Berkshire cost $ 1.299 billion, which makes $ 3.2475 per share. Coca-Cola has increased its dividend amount to $ 1.68 in the report announced in February, and the annual dividend amount it has increased for 59 consecutive years is a feature that cannot be underestimated. Buffett and his team predict...

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Bank Of China Continues To Support The Digital Yuan

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by Zack Smith
March 26, 2021
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Bank Of China Continues To Support The Digital Yuan The People's Bank of China (PBoC) Digital Currency Research Division announced that the digital yuan is required to support Alipay and WeChat Pay. Speaking at the Bank for International Payments (BIS) seminar on Thursday, Mu Changchun said that Alipay and WeChat Pay combined make up 98 percent of China's mobile payments market, and that one of the main reasons why China's Central Bank is developing its own digital yuan is to support these payments. Mu suggested that a financial or technical disruption to Alipay and WeChat Pay could have a negative impact...

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Eth 2.0 Promises 8 Percent Annual Yield!

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by Zack Smith
March 26, 2021
0

Eth 2.0 Promises 8 Percent Annual Yield!   Ethereum 2.0 is a new generation version of the Ethereum blockchain. It is aimed to overcome the scaling problems in Ethereum's first version 1.0. In the current state of Ethereum, an average of 15 transactions can be made per second and this capacity is insufficient. Ethereum, the world's second largest cryptocurrency by market cap, is scheduled to be upgraded to ETH 2.0 next year. One of the advantages for investors is that they will be able to receive "staking rewards" similar to interest payments. It corresponds to approximately 8 percent per year.. This...

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Bitcoin Traders Continue To Buy From The Dips!

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by Zack Smith
March 26, 2021
0

Bitcoin Traders Continue To Buy From The Dips! According to digital market analysts, Bitcoin traders are preparing to make purchases in the recent price drop and hold their BTC for the long term. The surge in withdrawals from exchange platforms caused BTC to move closer to $ 50,000, rising from $ 56,783.86 in the last 24 hours on Thursday. Bitcoin analyst Willy Woo tweeted on Thursday, said "Today we hit an all-time high at the BTC output level on exchanges in 2021, and we now have a new bottom-buy award." According to Glassnode, the monthly net supply change held by higher...

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3 Bargain Stocks – CVS Health

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by Zack Smith
March 25, 2021
0

3 Bargain Stocks – CVS Health 3- CVS Health CVS's stock is trading with a forward Price/Earnings ratio of less than 10, it could be an underestimated opportunity buy. In 2020, CVS reported a 7.7 percent higher earnings per share (EPS) rate than the previous year. (5.47 USD) Earnings per share is predicted to increase by 13.7 percent to 6.22 USD for 2021. The company relies on its strength in the healthcare, retail and long-term care segments, with sales of $ 268.7 million last year, up 4.6 percent from the same period last year. Revenues from the pharmacy business fell 1.9...

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Turkey Outperformed Its Rivals In Geothermal Energy

Eylem Özer by Eylem Özer
April 7, 2021
in EN, Markets, News
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Turkey Outperformed Its Rivals In Geothermal Energy

Turkey Outperformed Its Rivals In Geothermal Energy

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Turkey Outperformed Its Rivals In Geothermal Energy

Turkey outperformed its rivals in geothermal energy. Turkey has increased its capacity to 1613 megawatts.

Last year, Turkey increased its geothermal power installed capacity to 1613 megawatts with an additional capacity of 99 megawatts, making it the country with the highest capacity increase.

During the period in question, the country with the most geothermal energy capacity was the USA with an installed power of 2 thousand 587 megawatts. The USA was followed by Indonesia with 2 thousand 231 megawatts, the Philippines with 1928 megawatts, and Turkey with 1613 megawatts.

Despite the uncertainty and production disruptions caused by the coronavirus epidemic in economies in 2020, the country with the highest capacity increase in the field of geothermal energy was Turkey with an additional power of 99 megawatts.

Following Turkey, the countries with the highest capacity increase in geothermal energy were New Zealand and the USA with 32 megawatts of additional power, and Italy with 30 megawatts of additional power.

Ufuk Şentürk, Chairman of the Geothermal Power Plant Investors Association (JESDER), stated that despite the global epidemic that has been going on since last year and negatively affecting all sectors, Turkey has successfully progressed in geothermal energy.

Stating that some projects were completed last year and some of them will be completed this year, Şentürk said:

“Geothermal energy investments can take a long time due to their nature. We reaped the fruits of these investments last year. More geothermal capacity was added to our electricity system. However, our speed will decrease this year compared to previous years. The main reason for this is that the details of the Renewable Energy Resources Support Mechanism do not meet the expectations of the sector. However, as Turkey is a country with an ever-increasing need for production, the upward trend in energy production on geothermal power will continue.”

 

 

 

Source: TRT

Tags: economy newsfinancial newsGeothermal Energyturkey
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