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One of the World’s most expensive Countries is discussing paying people $2,500 a month for doing nothing

May 23rd, 2016 (0)
The Swiss are discussing paying people $2,500 a month for doing nothing. The country will vote June 5 on whether the government should introduce an unconditional basic income to replace various welfare benefits. Although the initiators of the plan haven’t stipulated how ...

Unintended Consequences, Part 1: Easy Money = Overcapacity = Deflation

May 20th, 2016 (0)
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but positive inflation. And for ...

BetaShares launches Australia’s first European and Japanese currency hedged ETFs

May 20th, 2016 (0)
BetaShares announced the launch of Australia’s first currency hedged European and Japanese equity ETFs on the ASX. BetaShares WisdomTree Europe ETF – Currency Hedged (ASX: HEUR) and BetaShares WisdomTree Japan ETF – Currency Hedged (ASX: HJPN) provide access to ...

Asian stocks get a lift from higher oil prices

May 20th, 2016 (0)
A bounce in oil prices supported major Asian benchmark indexes on Friday, though the prospect of higher U.S. interest rates again weighed on some markets in the region. China-related stocks were up 1.5% in Hong Kong and the Hang ...

Teddy Sagi’s Xwise, a subsidiary of Playtech Cyprus Ltd is laying off 140-150 of its 200 employees

May 19th, 2016 (0)
Xwise provides supplementary services to customers who have purchased software from online gambling services firm Playtech, its parent company. Xwise, a subsidiary of Playtech Cyprus Ltd. (LSE:PTEC), whose largest shareholder is Israeli billionaire Teddy Sagi, is laying off 140-150 ...

About 27% of banks left Russian market in two crisis years — Sberbank expert

May 19th, 2016 (0)
According to the analyst the number of banks reduced from 922 (as of early 2014) to 697 as of May 2016 About 27% of banks left the Russian market in two crisis years, most of them are medium banks ...

The Endgame

May 18th, 2016 (0)
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...

ECommPay: Regulations of FOREX industry

May 18th, 2016 (0)
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...

Asian Stocks Slide Resumes as Dollar Strengthens; Oil Above $48

May 18th, 2016 (0)
Japan stocks, yen fluctuate after GDP growth beats estimates Dollar gauge rises to quarter’s high on rate-hike speculation Asian stocks fell for the first time in three days and the dollar strengthened against all of its major peers on ...

Moscow Exchange Announces Results for the First Quarter 2016

May 17th, 2016 (0)
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the first quarter (1Q) 2016. The quarter saw a significant increase in fee and commission income from the Money Market, FX Market and Derivatives ...
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