Search Results for: BVI
Revealed: the $2bn offshore trail that leads to Vladimir Putin
April 4th, 2016
A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin. An unprecedented leak of documents shows how this money has made members of Putin’s close circle fabulously wealthy. Though the ...
Low Oil Prices Forcing Saudi Arabia To Modernize Economy
March 28th, 2016
The collapse in oil prices is forcing Saudi Arabia to undertake some deep and fundamental changes to its economy, reforms that no amount of browbeating from organizations like the IMF could induce. A new report from The Atlantic Council finds that ...
Apple preps one-touch shopping for the mobile Web
March 25th, 2016
Apple is preparing to bring one-touch online shopping to the mobile Web later this year, enabling consumers with Safari browsers running on the consumer electronic group’s phones and tablets to use Apple Pay and TouchID to make a purchase. ...
Elliott Wave Analysis On AUDUSD And USDCAD
March 17th, 2016
AUDUSD AUDUSD is trading nicely higher now above 0.7600 after sharp turn up yesterday, so obviously wave 4 has finished much earlier than we thought. It was sharp corrective retracement that put wave 5 in play now for 0.7700 ...
Shareholders of J.P. Morgan and Citigroup will vote about the potential the banks break up into smaller pieces
March 17th, 2016
The proposal will be included in the banks’ proxy filings at the request of a shareholder activist Shareholders of J.P. Morgan Chase & Co. and Citigroup Inc. will get to vote later this year on one of the most ...
OPEC Production Declines Despite Iran’s Efforts
March 16th, 2016
The OPEC Monthly Oil Market Report just came out. The charts are “Crude Only”production and do not reflect condensate production. Also the charts, except for Libya, are not zero based. I chose to amplify the change rather than the total. OPEC is ...
Why Our Financial System Is Like the Titanic
March 15th, 2016
The “unsinkable” global financial system is rushing headlong toward its encounter with the iceberg. Why did the Titanic sink, despite being considered unsinkable? The conventional answer is the design of its watertight compartments was flawed: the watertight bulkheads were ...
Draghi Defines His Era With Stimulus Measures Locked Into Next Decade
March 11th, 2016
Lending program can lock in ultra-low rates until next decade ECB action provides rebuttal to doubts over central bank power Whether Mario Draghi’s latest barrage of stimulus works or not, the European Central Bank president made one thing clear on ...
Majority of robo-advisers likely to ‘fall by the wayside’
March 7th, 2016
As the big financial services firms continue to move into robo-advice, it will become obvious that most start-ups in the sector are simply not viable, says Grail Partners. Speaking to Fintech Business, US-based Grail Partners managing partner and ARK Invest ...
Japan’s Negative Interest Rates Are Even Crazier Than They Sound
March 3rd, 2016
Yesterday Japan’s government borrowed money on terms that require the lenders to pay rather than receive interest for ten years. And not only was that bond issue snapped up, it was vastly oversubscribed. This raises a lot of questions, ...