Search Results for: US economy
Euro hovers near 9-yr lows, undermined by ECB QE bets
January 8th, 2015
The euro extended losses into a sixth straight day to trade near a nine-year low on Thursday, as investors bet the European Central Bank was getting closer to adopting quantitative easing to ward off deflation. A slump in German ...
Introduction to Money Laundering
January 7th, 2015
Definition of money laundering Money Laundering is the process by which criminals attempt to conceal the true origin and ownership of the proceeds of their criminal activities. If undertaken successfully, it allows them to maintain control over those proceeds ...
Euro hits fresh low before inflation trial, bonds boom
January 7th, 2015
The euro hit a nine-year trough today as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt. From Japan to Germany to Australia, government borrowing costs reached all-time lows as oil fell 10 percent in just ...
Oil hits five and a half year low under $55 on supply glut
January 5th, 2015
Oil prices dropped to fresh 5-1/2-year lows on Monday on worries about a surplus of global supplies and lackluster demand. Russia’s oil output hit a post-Soviet high last year, averaging 10.58 million barrels per day (bpd), up 0.7 percent ...
Emerging global cyberlaw trends in 2014
January 5th, 2015
2014 was the year when dark web started emerging, primarily due to the iCloud hacking of celebrities’ pictures Globally, the year 2014 was a year that was dedicated to cybercrimes and hacking. In fact, cybercrime as a phenomenon loomed ...
General election top concern for UK companies in 2015
January 5th, 2015
Political uncertainty ahead of May’s general election and the weakening eurozone economy are hitting confidence across British businesses. Two surveys on Monday show that firms began the new year fretting about domestic political upheaval and the possibility that geopolitical ...
ECB President Draghi says that the Eurozone Is Facing ‘A Long Period Of Weakness’
January 2nd, 2015
The eurozone faces a growing risk of unstable prices, the head of the European Central Bank said in an interview published Friday, at a time when concerns are mounting the bloc could slip into deflation. “The risk that we ...
Digital tax increase to take effect in Europe
January 2nd, 2015
A change in fiscal rules in the EU is raising the tax on many purchases of digital content, such as e-books. Europe’s tax showdown could be headed straight to people’s wallets. With the new year, a change in fiscal ...
Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low
January 2nd, 2015
The dollar extended gains against its major peers after posting its best year since at least 2005 amid speculation the Federal Reserve will raise interest rates this year. The euro slumped to the lowest level in more than two ...
Latest on Digital Currencies
December 31st, 2014
India’s Central Bank Could One Day Use Digital Currency, Chief Says Reserve Bank of India (RBI) governor Raghuram Rajan spoke out on bitcoin at a televised event organised by the NDTV network late last week. During the discussion, which ...
