Search Results for: BVI
Ultra-low Interest Rates: Dangerous or Just a Price?
September 22nd, 2015
Two recent reports start by observing that long-term interest rates have been at extraordinarily rock-bottom levels for several years now. But from that common starting point, the analysis of the reports heads in different directions. The Council of Economic ...
Gold remains money
September 18th, 2015
We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts and pay our ...
Yet Another Election? Weary Greeks See Little Gain From Vote
September 17th, 2015
Greeks head to their third ballot in less than a year Greek voters say nothing is going to change for them Like many Greeks, Christi Psarra has no illusions about what the country’s third vote in less than ...
IG says 15 clients have filed Swiss franc cases with UK ombudsman
September 9th, 2015
Around 15 IG Group clients have filed cases with Britain’s Financial Ombudsman over losses incurred during a surge in the value of Swiss Franc in January, the online trading platform’s interim chief executive told Reuters on Tuesday. IG has ...
U.S. sanctions against Chinese firms could be next week
September 4th, 2015
The United States is preparing to sanction Chinese companies connected to the cyber theft of U.S. intellectual property as early as next week, the Financial Times reported on Thursday. The FT cited three U.S. officials as saying the sanctions ...
The danger of eliminating cash
September 4th, 2015
In the early days of central banking, one primary objective of the new system was to take ownership of the public’s gold, so that in a crisis the public would be unable to withdraw it. Gold was to be ...
History of Bitcoin: The journey of a virtual currency
September 3rd, 2015
The biggest thing to hit the global market since the invention of currency is the word “Bitcoin”. What started merely as an alternate electronic payment system soon became the seventh wonder of modern economy. But while most of us ...
What Gigantic natural gas discovery in Egypt’s coast promises means
September 3rd, 2015
Huge offshore gas field could end Egypt’s fuel crisis, but will take years to develop The discovery of a huge gas field off Egypt’s coast promises to ease a long-running fuel crisis and boost the economy after years of ...
Cooperation holds the key to oil’s future
September 1st, 2015
OPEC Bulletin Commentary July-August 2015 International crude oil prices in July suffered their largest monthly decline since Lehman Brothers collapsed in the United States in 2008, marking the onset of the global financial crisis. Today’s continuing pressure on prices, brought ...
Dow plunges after rollercoaster trading on ‘Black Monday’ for global markets
August 25th, 2015
Dow’s 586-point drop puts it on track for its worst month since February 2009 as White House seeks to reassure investors that US economy can withstand volatility Hundreds of billions of dollars were wiped off global stocks on Monday ...
