Search Results for: World Bank
Here’s what Venezuela’s deepening crisis means for oil prices
April 21st, 2017
Venezuela and its worsening economic and political crisis may be an underappreciated wild card when it comes to the outlook for oil prices. The nation, which has the world’s largest oil reserves, is suffering an economic collapse that has ...
Bitcoin Price Can Reach $500,000 by 2030, Says Snapchat’s First Investor
April 11th, 2017
Bitcoin has been leading the list of cryptocurrencies in six of the past seven years, climbing from zero to a value of about $1,180. However, the potential of Bitcoin is much higher. Jeremy Liew, the first investor in Snapchat, ...
First Global Fintech Fund for the Underserved
March 6th, 2017
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets Three billion people around the world are underserved by the financial ...
ACCA kicked off February with the seventh global public sector conference
February 21st, 2017
ACCA (the Association of Chartered Certified Accountants) kicked off February with their seventh global public sector conference in South Africa. The two-day event held on 14 – 15 February, welcomed 150 guests from around the world and explored the ...
Euro could collapse in 18 months, predicts Trump’s pick for EU ambassador
January 26th, 2017
Brexiteer professor Ted Malloch, who is likely to become the United States ambassador to the European Union, has predicted the looming failure of the single European currency. In an interview with the BBC, Malloch predicts the euro “could collapse” ...
Future of payments: 4 trends to know in payment processing
January 23rd, 2017
The payments industry has been evolving rapidly, especially in the last few years with the growing shift to digital. The global payments ecosystem is constantly changing as new startups try to change the way we move money around the ...
PwC: Ireland Most Effective Place In EU To Pay Business Taxes
November 23rd, 2016
Ireland remains the most effective country in the EU in which to pay business taxes, according to the latest PwC/World Bank Paying Taxes survey. The report covered 189 economies worldwide, and considered all taxes paid by businesses. It analyzed ...
Middle East economies rise in doing business rankings; UAE and Bahrain among top 10 improvers
October 27th, 2016
A record 137 economies around the world have adopted key reforms that make it easier to start and operate small and medium-sized businesses, says Doing Business 2017: Equal Opportunity for All, the World Bank Group’s annual report on the ...
Asia Stocks Fall as Pound’s Flash Crash Supports Yen, Treasuries
October 7th, 2016
Sterling briefly sinks as much as 6.1%, most since Brexit Dollar gains as Fed rate-hike bets build before payrolls Asian stocks fell with U.S. equity index futures and the yen strengthened after a sudden plunge in the pound spooked ...
Turkey coup attempt: No immediate impact on oil and gas flows, but long-term concerns raised
July 18th, 2016
A failed coup attempt launched late Friday by Turkish army officers has had little or no impact on oil and gas flows through Turkey, industry officials told Platts. Some 265 people were killed in the violence. A spokesman for ...