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markobulatovic

Bitcoin Prices Jump - Virtual Currency Has Doubled In Value Since Its Crash, Inching Cl... - 0 views

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    This Article talks about the change in Bitcoin prices. The currency has more than doubled its value since January. And is reaching prices of 500 dollars for one bitcoin to which it was equivalent before. It is very interesting to look at the ways a virtual currency is not stable and becomes stronger or weaker.
Weisman Khidra

Currency depreciation, inflation push Nigeria's debt stock above N12 trillion - 0 views

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    Nigeria is experiencing currency depreciation, losing the value of it's currency. Its debt will be raised, which is already large due to foreign lending. The loss of value can also be attributed to its central banks deliverate devaluation as a result of trying to set an exchange rate.
Aminu  Saeed Dasana

Venezuela sues currency website over claims of cyberterrorism - 2 views

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    Venezuela's central bank has filed suit in the US against a website widely used to track the plummeting black market value of the country's currency. In an unusual complaint filled with images, high-flown language and even links to journalists' personal websites, the bank alleged that managers of the site DolarToday are committing cyberterrorism and sowing economic chaos.
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    It is interesting how technology can be used for economic terrorism, its a factor that with the development of technology and the furthering of cyber banking systems is only likely to increase.
Chung  Hon Man

Obama Administration Softens Criticism of China's Currency Policy - 1 views

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    The Obama Administration originally criticized China on the devaluation of the Yuan, saying that it was undervalued, meaning that China would have gotten a trade advantage over the other countries. China has since allowed others to have more control over the value of the Yuan and therefore the Obama Administration has softened it's criticism.
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    Great to hear how USA's critics on China's evaluation resulted, maybe that means the United States doesn't want to spark international tension with it's number one country for imports.
Stamenkovic Andjela

Business Newswires : euronews : the latest international news as video on demand - 0 views

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    The Chinese government hope on securing a place for the yuan in the basket alongside the U.S. dollar, the euro, the British pound and Japanese yen as part of its goal of raising the international profile of the currency. However, this may add a further depreciation pressure on the yuan, complicating Beijing's attempts to hold the currency stable without draining its foreign exchange reserves too rapidly.
Sinmaz Sinem

Sharp Drop in Currency Adds to Growing List of Woes in Brazil - The New York Times - 0 views

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    The weakness in the real is causing companies to delay plans, and the market for initial public offerings has been effectively frozen. The country is in political turmoil and president Dilma Rousseff struggles to get a budget through Congress. The real has fallen 33% this year against dollar and this had huge effects on domestic companies. These are talked through this article
Hashi Mohamed

Aircraft Order Drought Fails to Dent Production Plans - 0 views

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    Difficult economic conditions in some plane-buying markets, but demand in U.S., China, remains resilient. Currency fluctuations have contributed this as well.
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