Price controls and propaganda
February 5th, 2017
Most economists agree on one thing; price controls do not work. Many go on to say they create shortages of goods, which inevitably drives black market prices even higher than they would otherwise be. Price controls were last tried ...
CUSTOMER SUPPORT OFFICERS
February 3rd, 2017
New Customer Support Officers: ITALIAN, FRENCH, RUSSIAN, POLISH, HUNGARIAN, CZECH, DANISH, ARABIC, SPANISH, PORTUGUESE, GERMAN SPEAKERS: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest ...
IBM gives Watson a new challenge: Your tax return
February 2nd, 2017
In its first steps toward commercialization, IBM’s Watson took on grand, science-laden challenges like helping doctors diagnose cancer. But that is changing as IBM strives to build its artificial intelligence technology into a multibillion-dollar business. Today, companies including Geico, ...
Oil prices fall as rising U.S. output offsets OPEC-led cuts
January 31st, 2017
Oil prices fell on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent crude futures LCOc1, the international benchmark for oil prices, were ...
Global trade update
January 30th, 2017
The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Even before he had become President his anticipated presence in ...
Demand Soars for Colored Diamonds
January 28th, 2017
Last spring, Mahyar Makhzani, a Geneva-based fund manager, placed a 4.08-carat pear-shaped gem against special ultrawhite paper and peered at it through his eyeglass. He liked what he saw. Several days later, after 10 minutes of negotiation on the ...
MoneyGram Agrees to Merge with Ant Financial
January 27th, 2017
MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, and Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of Alipay, a global mobile payment platform, today announced that they ...
Yen Extends Slump on BOJ Move, Asian Stocks Advance: Market Wrap
January 27th, 2017
Mexican peso slides for second day, gold’s decline contines Greenback still set for monthly drop despite recent gains The yen extended its biggest decline in a week and Japanese bonds rose as the nation’s central bank stepped in to ...
Asian Stocks Extend Rally After Dow Tops 20,000: Markets Wrap
January 26th, 2017
MSCI Asia Pacific Index trading at highest since July 2015 Gold extends decline while bonds and dollar remain steady A global equities rally gathered speed as Asian stocks climbed to the highest level since July 2015 after the Dow ...
Trump faces lawsuit for violating Constitution two days after taking oath
January 23rd, 2017
An all-star team of lawyers, including two leading experts on presidential ethics and two of the most prominent constitutional scholars in the nation, will file a lawsuit on Monday challenging President Trump’s ongoing violation of an anti-corruption provision in ...
