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Bitcoin is like Uber, Amazon, & Tesla.
09/20/2025

Bitcoin is like Uber, Amazon, & Tesla.

09/20/2025

IF YOU MISSED BUYING

$BTC IN 2013

$XRP IN 2014

$ETH IN 2015

$DOGE IN 2016

$BNB IN 2017

$LINK IN 2018

$MATIC IN 2019

$AXS IN 2020

$SOL IN 2021

$KAS IN 2022

$PEPE IN 2023

$AERO IN 2024

DON'T MISS _ IN 2025👇

The price people will be paying for the new iPhone 17 model varies widely as Apple’s pricing as well as taxes and duties...
09/17/2025

The price people will be paying for the new iPhone 17 model varies widely as Apple’s pricing as well as taxes and duties vary across the globe. Calculating the working hours needed to pay for the popular device based on average wage data from the International Labor Organization, an even bigger chasm appears.

The iPhone 17 was unveiled by Apple on last week and will start shipping this Friday in several countries around the world. Upgrades to the new models include a more powerful front-facing camera, more features for the regular camera and better scratch resistance, while the company’s lack of AI leadership - for example in photo editing - continues to be criticized.

In the United States, a base iPhone 17 model with 256 GB of storage costs $799 plus sales tax. In California, for example, its final price would be around $857. The most expensive phone of the line with a bigger screen, longer battery life and better hardware, the iPhone Pro Max, has a price starting of around $1,286 in the U.S. including tax. This price is already much different in Europe, where the base model price stands at $1160 in Portugal and $1,200 in Hungary, for example. The phone is slightly cheaper in Germany at around $1,110 and the United Kingdom at just $1,080. Some of the highest iPhone prices can be observed in Brazil at more than $1,480 just for the base model or Turkey, where the same phone sells for a converted $1,880.

In addition to high import duties levied by both Brazil and Turkey, extra costs are incurred by logistics security in the case of Brazil and luxury taxes applied in the case of Turkey. Weak currencies also add to operational uncertainty for Apple, which can manifest itself in price politics. The high retail price of the iPhone in both of these countries contributes to the fact that its local equivalent in average gross pay work hours is between 409 and 461 for a base model iPhone 17 and between 639 and 709 hours for a standard iPhone 17 Pro Max.

Despite the phone being cheaper in India and Vietnam at under $1,000 converted, workers in these two countries would still have to put in considerably longer hours to afford the iPhone 17. Average gross hourly wages are lower in these countries and only reach around $1 to $1.60, compared to around $4 in Brazil or Turkey. India used to be among the nations selling the most expensive iPhones, but since Apple factories have opened in the country, the price has come down considerably (at least in nominal terms) as high levies are being skirted.

In Europe, higher prices combined with lower wages make the iPhone expensive in locations like Portugal or Hungary, while it is somewhat cheaper in places like Germany, the United Kingdom or Scandinavian nations. South Korea, which like Japan is known for its nominally cheap iPhones, is actually costlier for locals than some Western European locations when taking into account wage levels.

Only 21 and 31 average gross pay hours are equivalent to the price of an iPhone 17 and iPhone 17 Pro Max in the United States. This is outdone by Switzerland, where a combination of relatively low prices and high incomes makes the new iPhone the cheapest for the average worker. Depending on tax levels and individual tax brackets affecting take-home pay, the actual hours worked for an iPhone might differ. Due to data availability issues, gross pay is used for this statistic.

09/12/2025

BNB hits ATH at $908.

09/12/2025

We gna be trippin’

07/18/2025

Just lightin’ the path for the real ones here and ahead.

05/21/2025

Margin trading increases your purchasing power by allowing you to borrow from your brokerage rather than using only your own money. Additional risks apply.

05/21/2025

Forex Today: Two Rate Cuts in One Day — What's Next?

Markets woke up to double rate cuts — from the Reserve Bank of Australia 🇦🇺 and the People’s Bank of China 🇨🇳 Both moves signal growing concern over global trade tensions and slowing growth.

🔻 RBA cut its rate by 25 bps to 3.85%, citing global risks. Governor Bullock hinted at possible further easing.
🔻 PBoC lowered its 1-year and 5-year LPRs, signaling support for the Chinese economy under pressure from US tech restrictions.

Coming up:
Canada CPI today — expected to slow to 1.6%
Yen gains as USDJPY dips below 144.50
EURUSD consolidates near 1.1250
Gold struggles to hold above $3,200

Trading idea:
Watch AUD/USD — the pair pulled back after Monday’s spike. A drop below 0.6400 could open the way to 0.6320.
Also keep an eye on USD/CAD after CPI — weaker data could pressure the CAD.

Global central banks are shifting. Are your trades ready? 👀
https://hw.online/

Be your own bank with   🟠
05/19/2025

Be your own bank with 🟠

05/18/2025

Pope Leo XIV affirmed traditional Catholic doctrine regarding marriage and defended the dignity of the unborn for his first major remarks as pontiff during a private audience with the Vatican's diplomatic corps on Friday.

05/18/2025

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