Commerce Minister Gao Hucheng said expanding a currency swap between the two nations and making increased use of yuan for bilateral trade would have the greatest impact in aiding Russia, as Bloomberg reports...
Published around the 21st of each month, the Conference Board’s Index of Leading Economic indicators is made up of 10 sub indices which tend to move ahead of the overall Economy. The 10 sub indices are: 1...
PeerNova is not new to Bitcoin; however, in order to strengthen its presence in the ecosystem, the company recently organized a fund raising event and even managed to bag $8.6 million. The company announces that it is focused towards expanding the business on Blockchain-based enterprise products...
Russian Ruble lost more ground against the dollar on Thursday before President Vlamidir Putin's end of year conference, expected to be dominated by what a government minister called a “perfect storm” hitting the economy...
Monday, December 15, 2014 Russia Shocks With Emergency Rate Hike, Boosts Interest Rate From 10.5% To 17% EES: Russia raises rates from 10% to 17% EES: Is there ANY REASON why an investor would not want 17% return on their money? No more comment... From Zero Hedge...
Minutes of the Bank of England’s December meeting showed policy makers voted 7-2 to keep interest rates at a record low. This sent the pound sterling down versus the dollar...
The Russian ruble collapse has set off spectacular moves in currency markets and paved the way for a fresh four-year low for the Aussie as the rout in commodity prices proves unrelenting...
As the international sales were not on the expected lines, the international retail giant Overstock.com is reporting that it expects to complete $3m in total Bitcoin sales for 2014 which are below than the expectations...
The Russian currency plunged for a seventh day, reversing its biggest advance in 16 years, as slumping oil outweighed Russia’s attempt to defuse a currency crisis with the largest interest-rate increase since 1998...
Russia took its biggest step yet to shore up the ruble and defuse the currency crisis threatening its stricken economy. In a surprise announcement just before 1 a.m. in Moscow, the Russian central bank said it would raise its key interest rate to 17 percent from 10.5 percent, effective today...
Fiscal policy can be defined for our purposes very simply as anything relating to government spending and taxation. Before looking at the fiscal policy role of government in trying to influence the economy, one must first have an understanding of the business cycle...
In a testimony before the US Senate Committee on Agriculture, Nutrition and Forestry the chairman of the US derivatives regulator has said that digital currency derivatives fall within his agency’s remit...
Peter Chasse: "when Bitcoin is used for donations there are no scopes for manipulation by the banks"
Peter Chasse, President of the Water Project Says Bitcoin Donations Could be Game-Changer In a recently held ‘Giving Tuesday’, Peter Chasse, President and Founder of the Water Project, a nonprofit that does work in Africa and accepts Bitcoin for donations, says that Bitcoin could be game-changer...
Resistance Support 0.7899 0.7809 0.7954...
Boost VC Announces a New Bitcoin Fund Boost VC (the venture firm based in California), announced a new fund called Bitcoin Boost Fund 2, which promise to give an additional 300 BTC to each Tribe 5 Bitcoin Startup. This fund is one of the many recent announcements by Boost VC...
The increasing strength of the dollar represents a threat to the stability of emerging economies, the Bank for International Settlements (BIS), a global financial watchdog has warned. At the same time, the bank is being positive about oil...
Although there has been much press recently about the US Dollar loosing its status, there is no doubt that as of this lesson and most likely for the foreseeable future, the US Dollar still reigns supreme over all other currencies of the world...
The US Marshals Service (USMS) received more than two dozen bids for 50,000 Bitcoin seized during the FBI’s raid on Silk Road wallets. Lynzey Donahue, a spokesperson of USMS, revealed that that government received 27 bids from a total of 11 bidders. The winning bids will be announced today...
The yen was flat and the Aussie dipped on Friday in early Asia with the focus on key U.S. jobs data ahead. The euro was almost unchanged against the U.S...
