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Money has become virtual with the introduction of virtual currencies such as bitcoin and ripple. Through sites such as bitcoin and ripple, which were the forerunners for online currencies, people can invest, transfer and convert money on the web with ease. It is simple and efficient. It is similare to an online bank. Bitcoin producer states that he made bitcoin to provide a more efficient "way to send money around the world". True to his word, it is efficient. A person interested in sending money online can open a bitcoin account. The individual would than transfer the amount of money he/she wishes to send to his account and send it to the designated individual person or place. Of course this transaction is not free, it requires bitcoins. A bitcoin is essentially 1/1000 of a penny. Amazing right. However, virtual currency is not real. If the police and government decide to crack down , the system will have to shut down. But for the most part, it seems they dont have the intention to.

Money has become virtual with the introduction of virtual currencies such as bitcoin and ripple. Through sites such as bitcoin and ripple, which were the forerunners for online currencies, people can invest, transfer and convert money on the web with ease. It is simple and efficient. It is similare to an online bank. Bitcoin producer states that he made bitcoin to provide a more efficient "way to send money around the world". True to his word, it is efficient. A person interested in sending money online can open a bitcoin account. The individual would than transfer the amount of money he/she wishes to send to his account and send it to the designated individual person or place. Of course this transaction is not free, it requires bitcoins. A bitcoin is essentially 1/1000 of a penny. Amazing right. However, virtual currency is not real. If the police and government decide to crack down , the system will have to shut down. But for the most part, it seems they dont have the intention to.

This articles states that the slowing down of gold imports has made "India's current-account deficit... the lowest level since 2010... offering a potential boost for the nation's currency."

This article talks about how taxes on gold imports have decreased the imports and led to a decrease in the current account deficit.

The current account deficit in India has improve somewhat, to its lowest percentage of GDP in several years, due mostly to an increase in exports accompanied by a sharp decrease in the importing of gold. However, this improvement has been met by a similar change in the capital account, which has decreased and is expected to decrease further in the future due to a variety of factors involving foreign direct investment, commercial banking, and portfolio investment.

this article explores how china's central bank pledged to push forward with market-driven reforms on interest rates and capital account opening in a pilot free-trade zone set up in Shanghai.

China's central bank has resolved to push market driven reforms on interest rates and capital accounts. Residents will be allowed to do cross-border investments.

this article is about the differences in current account values across a certain amount of country's. I also think that it is very well visualized which is another reason why i chose this article.

Another merger that was going to and is in the process of happening is one between Corona beer and Budweiser. Both brands wanted to merge and this is obviously already in an oligopoly market therefore they would account for nearly 46% of sales. However this has been met with opposition, with appeals from the government.

The U.S. has had a current account deficit since 1999. Lately, a growing U.S. economy is not contributing to the global trade market as much as it had in the past. This is causing people to become worried about a global economic storm that might emerge in the near future.

This article takes about the Reserve Bank has turned to a growth. The author explains how the aggregated demand (even not visible) isn't the main factor.

This article is fairly recent and introduced me to another way of measuring economic growth in industries. the IIP stands for the Index for Industrial Production and it is discussed in the article that this value has corresponded to what has been expected, a negative number that is close to zero. This however is because there are many factors that are affecting aggregate supply, such as wage price inflation and the increase in land, a factor of production. However the author doesnt seem to be too worried about aggregate supply, rather He is worried that aggregate demand is on its way down.

This article talks about an increase in wages in India and that land prices is a key factor in wage changes. Also they are talking about a reserve bank, how it turned to grow and essential role of aggregate demand in it operating.

The U.S. justice department has blocked Anheuser-Busch InBev from buying Grupo Modelo, saying that this would give Anheuser Busch a beer monopoly. Anheuser Busch has been constantly raising its beer prices, and the DOJ is afraid that if they continue, then Grupo Modelo would follow suit. The two companies account for 76% of beer sales, so the reason for worry seems necessary.

Although there are many brands of beer, the truth is that one company brews many of them. This article talks about how Anheuser-Busch InBev was stopped from buying Grupo Modelo for $20.1 billion. Although on the outside it just seems like one company buying another, Anheuser-Busch InBev is the producer of 46 different beer brands. Buying Grupo Modela would increase that number to 54. The purchase was blocked because the government feared that it would create a beer monopoly, allowing the company to set the price at whatever they want.

This article explains how much Brazil depended on foreign investments to aid the Brazilian economy. It also explains how there was much more of an account deficit than anticipated and thus the investments made in Brazil could not rebalance the economy.

NEW DELHI got caught off guard by recent appreciation of the rupee, particularly against the euro, the majority of the exporting firms surveyed by FICCI want the Reserve Bank to peg a fixed currency exchange rate. They took a cue from China, which has pegged a fixed rate of yuan against the US dollar.An overwhelming 88 per cent of the 278 exporting firms participating in the survey, said the sudden appreciation in rupee has affected their margins. They lost on account of forward contracts that were booked to hedge currency risk.

this article talks about the balance of payment in china, and also explains how that for the first time in a very long time (1999) the country is experiencing more money leaving the country than enters it.

The article is talking about China which starts as for the first time since 1998 more money leaves China than enters it mainland China can now boast over 1m wealthy citizens (qianwan fuweng) each with over 10m yuan ($1.6m), says the latest edition of the "Hurun Report", which keeps track of China's capitalist high-roaders. But the mainland seems to be having trouble keeping them. According to the report, published on July 31st, more than 16% of China's rich have already emigrated, or handed in immigration papers for another country, while 44% intend to do so soon. Over 85% are planning to send their children abroad for their education, and one-third own assets overseas.