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Friday, 18 September 12:41 (GMT -05:00)

Business And Politics News

Raygan's Former Advisor Accuses the Fed of a Big Fraud

The former budget advisor under Ronal Raygan's administration, of the founders of the so-called Rayganomics, David Stockman, is a big adversary of the Federal Reserve's policies. He thinks that artificial interest rate cuts coupled with uncontrolled QE (money printing) creates madness in financial markets, thus separating asset evaluation from their intrinsic value of those assets.

Publication date: 23 August 07:32 AM

Cyprus Question: Is It Beneficial To Purchase Euro Amid Market Uncertainty?

Since entering the eurozone, Cyprus has been some of the most offshore places in Europe for businesses, investments and banking activities. However, Cyprus is currently in panic as people are standing in endless lines in front of ATMs and are hoping to withdraw some cash. The Bank of Cyprus has paralyzed the country’s banking system by banning any payments and transactions. In this aspect, more and more experts and common people ask a lot of related questions.  
What will happen to Cyprus and its banking system in the near future? Will it avoid a default? How will the situation influence the Euro exchange rate? 
Let’s try to ponder on these questions together with Masterforex-V Academy.
Publication date: 18 March 07:15 AM

Nouriel Roubini Forecasts Major Disappointments In Late 2013


According to Nouriel Roubini, A major American economist who predicted the 2008-2009 global crisis, says investors should get ready for major disappointments later this year. He made such a statement during the recent Ambrosetti Forum in Italy.
Publication date: 11 March 04:22 AM

Tusar Forex: How Can a Trader Get Deposit Interest


Modern forex market suggests numerous ways of earning money, including by means of passive income. Some inexperienced traders, for example, willingly answer the first suggestion they receive to gain additional means by depositing. In general, interests on the client’s unused capital vary from 10% to 15%, and in some cases even higher than annual rate.

Publication date: 10 March 09:10 AM

Presidential Election In Venezuela Scheduled For April 14th


Presidential Election In Venezuela Scheduled For April 14th
Publication date: 09 March 12:41 PM

US Tax Service will not Receive a Cent from Facebook for 2012


Bloomberg Businessweek has informed that Facebook social network will not pay a cent of taxes to the USA for its transactions during 2012.
Thus, according to relevant data, Facebook social network, managed by Mark Zuckerberg, will not pay tax charges to the states of its employees’ operation. In addition, according to one public organization, which follows the company’s financial position reporting, Facebook may receive about 429 mln. dollars from American tax authorities.
Publication date: 03 March 03:55 AM

Masterforex-V Academy On Euro Prospects


 Western mass media, including such major editions as The Wall Street Journal and The Financial Times, report that 2013 is going to be the 4th consecutive year of economic and financial weakness of the eurozone.
2013 is expected to bring more troubles to investors:
First of all, Spain is expected to emit a record amount of bonds estimated at 145bn.
Secondly, more analysts expect Spain to ask for external financial aid within a couple of months.
Political risks are expected to escalate as well. Italy is nearing elections.
What are the near-term prospects of the eurozone and its currency?
Publication date: 24 February 04:03 PM

Hackers Attack Apple’s Internal Network, Chinese Suspected.

Yesterday, hackers attacked Apple’s internal network.

Publication date: 20 February 04:19 AM

G20 In Moscow: Currency Wars?


The recent summit of G20 finance ministers and central bank governors in Moscow couldn’t but become the key newsmaker for mass media (The Financial Times, Le Figaro, The Wall Street Journal, Manager magazin etc.)
This was a major even in the economic and financial life of the entire world. It is not a secret that G20 accounts for 90% of the global GDP and 70% of the global population. Yet, G20 unites different countries, from Argentina and South America to the USA and Germany. This summit attracted a lot of interest because it was conducted amid global instability and uncertainty along with increasing public debts, debt crises and economic slowdown. There were rumors that G20 members may start currency wars with each other (i.e. artificial weakening of national currencies aimed at reviving their national economies by means of boosting their exports).
However, Christine Lagarde, Managing Director of the IMF, says that all the talks about currency wars are nothing but rumors.
What are the results of the G20 summit in Moscow? Will there be any currency wars? Let’s try to find the answers to these questions together.
Publication date: 19 February 07:54 AM

Confrontation Between NYT and Herbalife: Market Reaction


Media may have serious impact on companies worldwide. Any information that enters media either raises a corporation’s rating and popularity, or has a destructive impact on it by creating a negative image, which has a direct impact on capitalization of the company and its shares. Last week New York Post published information that has cast serious shadow on world-known company Herbalife. It is evident that the newspaper and Herbalife will have long and serious handling in future. There emerges a question: should have the highly-authoritative publishing house have raised the issue at the drop of a hat? What is more, the topic has not even been officially proved?
Publication date: 16 February 02:21 AM

Experts On Russia’s Gold Reserve


From now on, Russia is the world’s biggest gold buyer apart from being the world’s biggest oil producer. According to the IMF, over the last decade Russia purchased over 570 tons of the precious metals.
At this point, the total mass of Russia’s gold reserves is 3 times as big as the one of the Statue of Liberty in New York.
China is the second biggest buyer of gold. Russia has outpaced China by ¼ of the purchase.
Publication date: 15 February 03:09 AM
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