Author Archives
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As Retail Investor Pile In, Global Bitcoin Prices Driven By Japan And South Korea
With the digital currency bitcoin more than doubling its value since the start of the year, Japanese and South Korean buying helped drive the price of bitcoin to an all-time high this week, analysts and market practitioners said. Website outages… Read More ›
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IMF Official Says Within 3 Weeks, Greece On Track To Reach A Deal With Creditors
An IMF official reportedly told the media that the upcoming payment deadlines that will force through a deal, is the biggest guarantee that Greece and its creditors will finally reach an agreement on its debt burden. Certain economic forecasts –… Read More ›
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This Is Where The New Economic Risks Are In A Post-Crisis World: RBI Ex-Chief Rajan
Raghuram Rajan, the former governor of the Reserve Bank of India, said that economic risks have spread elsewhere even though the world’s banks have become safer since the global financial crisis. “Almost certainly lightening doesn’t strike twice in the same… Read More ›
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Production Cuts Extension For Nine Months Agreed Upon By OPEC And Non-OPEC Members
After November’s landmark deal failed to clear a global supply overhang, OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday. The 1.8 million barrel per day supply cut will roll over until… Read More ›
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‘More Opportunities, Rather Than Less’ Will Be The Result Of The Rise Of Machines
It’s no surprise that people are wondering if machines will someday replace humans with computers stronger than ever and robots popping up on factory assembly lines. But Google executives say that it’s nothing to be afraid of. That’s because freeing… Read More ›
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ECB’s Constancio Says A Violent Reaction In Bond Prices Could Be Triggered By Reflationary Risks
A volatile reaction in bond prices could be sparked in Europe and could also spillover throughout the continent if there is a revival of reflationary pressures in the U.S., said the European Central Bank vice-president Vitor Constancio during a TV… Read More ›
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Rival Ethereum Is Up 2,000 Percent Compared To Bitcoin Which Has More Than Doubled This Year
Bitcoin has been outperformed by its closest rival Ether, which is up over 2,300 percent, even though the former has more than doubled in price this year alone. Bitcoin was trading at the day’s high of $1,003.25 on January 1…. Read More ›
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Moral, Political, Legal Duty To Meet Obligations Lies With The Lenders , Says Greece
Greece said that foreign creditors had a “moral, political and legal” duty to meet their obligations toward it and that the country and its government has done its part on reforms, the government said on Tuesday. Greece’s lenders aim to… Read More ›
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After Settling Patent Dispute, Nokia And Apple Are Exploring Working On Health Tech Together
Apple and Nokia said that they were exploring working together on “digital health initiatives” and they have already ended their patent dispute that started last year, the companies announced on Tuesday. During the term of the agreement, an up-front cash payment from… Read More ›
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Analysts Say The Biggest Political Risk In Europe Is Italy
Italy now presents the biggest political risk for markets and investors with several elections already out of the way in Europe, an investment analyst said very recently. According to Nandini Ramakrishnan, global market analyst at JPMorgan Asset Management, this is… Read More ›
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