Search Results for: Member States
Switzerland bows to pressure; Tightens money-laundering rules
December 15th, 2014
The Swiss Parliament has bowed to international pressure, tightening the country’s money-laundering rules. There will be a CHF100,000 ($104,000) cap on cash transactions, and not just foreign dictators, but also senior politicians and officials like Sepp Blatter, will be ...
BITCOIN NEWS IN REVIEW: MASTERCARD, MINING DIFFICULTY, SILK ROAD, AND MORE
December 9th, 2014
“For Everything Else, There’s Bitcoin” This week, payments company MasterCard argued for tighter regulations against bitcoin in Australia. According to MasterCard, “Any regulation adopted in Australia should address the anonymity that digital currency provides to each party in a ...
How Did Germany Limit Unemployment in the Recession?
December 8th, 2014
Here’s a puzzle: During the Great Recession, the total contraction in economic output was noticeably larger in Germany than in the United States, but the rise in the unemployment rate was noticeably higher in the United States than in ...
Australia probes bitcoin crime links as currency craves legitimacy
December 3rd, 2014
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business. The investigation into bitcoin’s crime ...
Bitcoin: Luxembourg Researchers find a way to unmask Bitcoin users
December 1st, 2014
According to CryptoCoins News, one of the stated strengths of Bitcoin has, from the beginning, been its ability to provide anonymity and a sense of security on the same level that cash transactions do. When one spends and is ...
Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit
November 28th, 2014
Goldman Sachs Group Inc (GS.N), Germany’s BASF(BASFn.DE) and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff’s law firm called the first nationwide class action over alleged price-fixing of the metals. In a ...
Legal Fight Pits Sellers of Energy Against Buyers
November 27th, 2014
Over the past few years, the federal government has nurtured the growth of an odd kind of player in the energy markets: companies that recruit consumers to unplug themselves when electricity use is high, in exchange for a price ...
Saudi, UAE signal no push for OPEC oil cut
November 26th, 2014
OPEC leader Saudi Arabia and fellow member the United Arab Emirates signalled on Wednesday they were unlikely to push for a major change in oil output at the group’s meeting this week to prop up prices that have collapsed by a ...
Obama unveils U.S. immigration reform, setting up fight with Republicans
November 21st, 2014
President Barack Obama imposed the most sweeping immigration reform in a generation on Thursday, easing the threat of deportation for some 4.7 million undocumented immigrants and setting up a clash with Republicans who vow to fight his moves. In a White ...
3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?
November 19th, 2014
Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and ...
