Search Results for: Europe
Payments panic and the ending of fiat currencies
March 24th, 2020
The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task ...
Cryptocurrency value rises over $14 billion in 24 hours as bitcoin rallies 10%
March 24th, 2020
Cryptocurrency prices rallied on Tuesday even as equity markets continue to come under pressure due to coronavirus fears weighing on investors’ sentiment. Bitcoin was up over 10% from 24 hours previously, trading at $6,569.17 at around 11:57 a.m. Singapore ...
Coronavirus adds an extra layer of challenge to health data under the GDPR
March 24th, 2020
The EU General Data Protection Regulation (GDPR) has very strict conditions regarding the collection and handling of sensitive health data; these terms remain in effect even as Europe adopts extreme measures to combat the coronavirus (Covid-19) outbreak. As various ...
The dollar slipped on Tuesday; The euro to dollar gained 0.8%
March 24th, 2020
The dollar slipped on Tuesday on signs tight funding conditions are easing slightly after the U.S. Federal Reserve pulled out all stops to supply much needed greenback liquidity. The Fed announced unlimited quantitative easing and programs to support credit ...
Alert! Criminals taking advantage of coronavirus anxiety to defraud victims online
March 18th, 2020
INTERPOL is encouraging the public to exercise caution when buying medical supplies online during the current health crisis, with criminals capitalizing on the situation to run a range of financial scams. With surgical masks and other medical supplies in ...
Bitcoin down 77 per cent in the past month; alt-coins follow
March 16th, 2020
Bitcoin’s (BTC) price has dropped 77 per cent over the past 30-days as the market responds to sharp falls in the global financial markets. Alt-coins (digital assets launched after BTC) XRP and Ethereum (ETH) have followed suit, with 103 ...
ESMA recommends action by financial market participants for Covid-19 impact
March 16th, 2020
The European Securities and Markets Authority (ESMA), together with National Competent Authorities (NCAs), is closely monitoring the situation in view of the continuing impact of the COVID-19 outbreak on financial markets in the European Union (EU). Following a Board ...
The SIM hijackers: How criminals are stealing millions by hijacking phone numbers
March 16th, 2020
It is a common story: the signal bars disappears from their mobile phones, they call the phone number – it rings, but it’s not their phone ringing. They try to login to their bank account, but the password fails. ...
False claim: “free stuff” is funded by these high tax rates in “socialist” EU countries
March 16th, 2020
Multiple accounts on Facebook are circulating an image which makes the claim that high tax rates in European countries are behind “free stuff” advocated for by “socialism”. The image gives a breakdown of income, VAT, and gasoline taxes in ...
The dollar fell against a broad range of currencies on Monday
March 16th, 2020
The dollar fell against a broad range of currencies on Monday after the U.S. Federal Reserve made another surprise interest rate cut and major central banks took steps to relieve a shortage of dollars in financial markets. The U.S. ...
