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Friday, 18 September 08:50 (GMT -05:00)



Business And Politics News

There were named primary dangers for the world economy, pointed in Optionova


The primary dangers for the world economy in the following couple of years, that IMF Chief Christine Lagarde named, are: low monetary development, high unemployment and geopolitical issues. This was reported in a discourse of Ms. Lagarge to the understudies at Georgetown University in Washington.

 

Director of the IMF accepts that the worldwide economy has entered another phase of improvement, when the low level of development will be watched for quite a while against the foundation of low expansion and high unemployment, figured out the specialists of the Binary Options Brokers Optionova (rated among the TOP Binary Option Brokers Masterforex-V World Academy). Case in point, such a circumstance is in the Euro zone.

 

Also, in the Fund they are worried about the expanding of patterns, for example, the stream of liquidity from the managing an account part in the unregulated, supposed "shadow" zone. In a few nations, this pattern has the fast development.

 

In the United States, the casual area of the economy is more noteworthy than the saving money one, and in European nations, this figure is about 50% of the managing an account part, while in China - around 25% - half of GDP.

 

Christine Lagarde likewise reviewed that after the emergency time of 2008 when the choice to change the worldwide monetary framework was made, and much was carried out, in spite of the fact that the fundamental result has not yet been attained.

 

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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

U.S. Labor Market Disappoints, Economy Slows Down

The employment rate in the United States increased by 167.000 people in July 2020. It's important to mention the fact that the data came in much worse than expected. According to Reuters, this increase was expected to reach 1.5 million people. At the same time, July's figures were much worse than those revealed in June 2020.

Publication date: 06 August 10:06 AM

iPhone as a Payment Terminal: Apple Bought a Startup For That

Apple has recently acquired Mobeewave, a startup specializing in online payments. The price of the deal is 100 million dollars. According to Bloomberg, the company's technology may allow Apple to turn iPhones into mobile payment terminals accepting mobile payments. To be more specific, Mobeewave developed a technology making it possible to make financial transactions between mobile devices through the built-in NFC module.
Publication date: 05 August 09:27 AM

China Makes Blockchain Professions Official

There are 1838 officially recognized professions in China. Now, there list is up by 2 professions - blockchain engineer and blockchain app operator. The Chinese Ministry of Human Resources and Social Security (MOHRSS) has recently confirmed that by updating the list of official professions.
Publication date: 20 July 11:42 AM

South Korea Invests Billions In Blockchain Technologies

By 2025, South Korea is planning to invest over 48 billion dollars in  blockchain. The goal is to digitize all of the industrial sectors of the national economy in this post-pandemic era. According to ZDNet Korea, the president highly rated some of the benefits this process may bring to South Korea.

Publication date: 18 July 09:40 AM

Black Lives Matter - Investors Keep Ignoring Major Riot In US In 50 Years. Why?

Everyone has probably heard of the #BlackLivesMatter riots, which have been going on in the United States for a while. However, international financial markets seem to have been underestimating this event, which happens to be the biggest riots in the USA in 50 years! Why is that?

Publication date: 18 June 07:56 AM

Donald Trump Influences Bitcoin Exchange Rate

Publication date: 05 June 04:42 AM

Only 4 Of All Existing Billionaires Made Their Fortunes With Cryptocurrencies

Forbes has recently published the list of 2095 billionaires from different parts of the world. It turns out that 4 of them owe it to cryptocurrencies. Who they are, the cryptocurrency billionaires?
Publication date: 13 April 11:54 AM

Life After Brexit: EU-UK Talks Are Underway

Publication date: 07 March 09:03 AM

USA May Take Steps To Support National Economy After COVID-19 Pandemic

Publication date: 07 March 08:15 AM