Switzerland is one of the richest countries in the world, and while its economic policies and practices largely conform with EU standards, the country's population rejected accession negotiations with the EU in March of 2001...
When Professor Kevin Dowd, a professor of Economics and Finance at Durham University, wrote a piece titled “Bitcoin is bust: Why investors should abandon the doomed cryptocurrency,” a lot of debate took place whether this libertarian and fierce advocate of private money over government-issued and...
Online payments expert Stripe added Bitcoin payment support to its API, following which users will able to accept payments in digital currency alongside credit cards. The new-feature is scheduled to come out of beta testing in January 2015 and will charge a fee of 0.5% per transaction...
Bloomberg recently voted Bitcoin as the 2014’s worst investment, thus beating Russian Ruble and Ukrainian Hryvnia in terms of maximum drop...
Located inside Mission Market Express in the station’s Grand Foyer, ZenBox gives the station’s 10,000-plus daily commuters a familiar way to acquire digital currency...
Charlie Shrem Found Guilty of Abetting Illicit Transactions Charlie Shrem (founder of BitInstant and former board member of the Bitcoin Foundation) was found guilty of abetting illicit transactions to online drug bazaar Silk Road...
On Tuesday the greenback was soaring near nine-year highs versus the other major currencies, ahead of highly anticipated U.S. third quarter growth data and as expectations for a U.S. rate hike by next year continued to lend broad support to the dollar. The U.S...
The scheduled Bitcoin Expo 2015 is expected to become a huge success for the digital currency in London: according to the organizers of the event, “The year of 2015 will begin in a grand style in London...
On Monday the US dollar was little changed against the other major currencies, moving towards five-year highs as expectations for a U.S. rate hike next year continued to support demand for the greenback. The Russian ruble gained ahead of major month-end tax payments in Russia...
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...
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...
