Search Results for: World Bank
Cyprus Can Boost Shipping’s Role in Economy, Wilbur Ross Says
December 28th, 2015
Government’s targets are achievable, billionaire investor says Cyprus to be more aggressive in seeking shipping business Cyprus’s target to increase the contribution that shipping makes to its economy by around two percentage points over the next three years is ...
The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’
December 28th, 2015
Did you know that 95 percent of all retail sales in Sweden are cashless? And did you know that the government of Denmark has a stated goal of “eradicating cash” by the year 2030? All over the world, we ...
Asia stocks slip but Japan bucks trend on oil bounce; dollar wobbles
December 28th, 2015
Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese shares managed to rise following a rebound in crude oil prices from multiple-year lows. Investors across asset markets were without some ...
Analysis – Record highs predicted for bitcoin in 2016 as new supply halves
December 23rd, 2015
2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason – slower growth in the money supply. Bitcoin ...
Zimbabwe to make Chinese yuan legal currency after Beijing cancels debts
December 23rd, 2015
Yuan becomes the latest currency to be approved for public transactions in Zimbabwe, as the southern African nation seeks to increase trade with Beijing. Zimbabwe has announced that it will make the Chinese yuan legal tender after Beijing confirmed ...
European stock markets lifted by rising mining shares
December 23rd, 2015
Shares up in last full session before Christmas break Mining stocks dominate list of top performers 2015 EU stock market performance reut.rs/1ZnkfVX European shares rose on Wednesday, lifted by gains in the mining sector on the back of stronger ...
The Most Profitable Work Will Be Automated: The Rest Will Be Left to Us
December 23rd, 2015
A new system is self-organizing before our eyes. We just have to stop obstructing its rise and start facilitating its expansion in self-evident ways. What’s abundant and what’s scarce? The question matters because as economist Michael Spence (among others) ...
China Unveils Economic Blueprint for 2016
December 22nd, 2015
Chinese leaders approved an economic blueprint for next year that emphasizes tackling long-term problems and reflects a realization that debt and investment can no longer power the world’s second-largest economy. The plan, laid out at a closed-door conclave of ...
BT helps ADS Securities extend institutional trading operations into North America
December 22nd, 2015
BT today announced that it is making it easier for institutions with a presence in North America to access foreign exchange, metals and commodities markets via the OREX trading platform of leading financial services company, ADS Securities. Abu Dhabi-based ...
Israel’s Flourishing Fintech Has Many Fathers
December 21st, 2015
Israeli finance technology has taken giant leaps in the last few years. Hundreds of local startups are developing new technologies for payment and security solutions, and multinational companies and banks are flocking to Israel for a piece of the action. Much ...
