The 5 business news to remember this Tuesday morning (8 billion earthlings, bitcoin, layoffs at Amazon, relaxation on Fed rates, Orpea)

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The world population will peak in the 2080s, at 10.4 billion inhabitants: a challenge for ecological transition

The world population exceeds 8 billion inhabitants on Tuesday, according to the official estimate of the United Nations, which sees in it “an important milestone in human development” and a reminder, in the midst of COP27, of “our shared responsibility to take care of our planet”. The vertiginous growth of the world population is indeed a considerable challenge to overcome in the fight against global warming. So much so that some ecological associations are asking to give up having children to save the planet.

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Cryptocurrencies: nearly three-quarters of Bitcoin buyers have lost money (BRI)

While the cryptocurrency ecosystem is rocked by the bankruptcy of FTX, a study by the Bank for International Settlements (BIS) estimates that between 73% and 81% of Bitcoin buyers have lost money on cryptocurrency investments. For the vice-president of the American central bank (Fed), Lael Brainard, the fall of the giant of cryptocurrencies FTX shows that the sector must be subject to the same regulation as the traditional financial sector, because it carries the same risks.

Stock photo of artwork that shows the ftx logo

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After Meta or Twitter, Amazon is preparing to delete thousands of posts

According to the New York Times, the online sales platform is preparing to lay off around 10,000 employees. It would then join other American tech giants who responded to the economic crisis with a large-scale social plan.

An Amazon fulfillment center in Staten Island, New York

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Rates: after repeated sharp hikes, the Fed will “soon” slow down the pace

The decline in US inflation, which fell to 7.7% over one year in October against 8.2% in September, is seen as a signal “reassuring” by the Fed, especially as the rise in the price of goods, excluding food and inflation, stabilizes. In an interview with Bloomberg, its vice-chairwoman Lael Brainard considered that a slowdown in the Fed’s key interest rate hike, which has been brutal since June, was for ” soon “. While ensuring that a rate cut was not on the agenda.

File photo of the headquarters of the Federal Reserve in Washington

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Orpea warns of a lack of liquidity in early 2023

Despite legal proceedings to restructure its debt, Orpea risks running out of cash “early 2023” according to the new management which presents this Tuesday a backup plan for the company which has already lost more than 90% of its stock market value since the beginning of the year. To find funds quickly, a program for the disposal of real estate assets for a total value of one billion euros is under study.

Logo of orpea a reze

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BONUS ITEM: Strategic metals: Europe’s sovereignty depends on the circular economy

Happy reading and have a great day.

The editorial staff of La Tribune