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Floating currencies
East Africa: States review loan deals as UK-based overnight credit facility looms
After the 2011 "scandal" of widespread allegations of manipulation, it became clear that the global benchmark Libor rate had been manipulated for years.
Kenya is revising its loan contracts before the London Interbank Offered Rate (Libor)…
Common misconceptions about Bitcoin
Bitcoin is the world's largest cryptocurrency by market cap and has been around since 2009. Yet there is still a lot of guesswork, disbelief, and outright myths circulating in financial circles.Some of these misconceptions can stand in the…
How aliases help create credit card rails for data
Very good security (VGS) CEO and co-founder Mahmoud Abdelkader told Karen Webster that the data alias leads to the optimization of payments - and ultimately the successful functioning of the connected economy, with the secure exchange of…
When the United States gave up gold
Fifty years ago next month, at a secret weekend meeting at Camp David, President Richard Nixon and his top economic advisers decided to pull the United States off the gold standard. The dramatic decision, announced by the…
What is forex ? • Forex Trading and how it works • Benzinga
Want to jump straight to the answer? The best forex broker for most people is definitely FOREX.com or IG.
If you've traveled overseas, you probably had to buy the local currency. Essentially, you have traded in forex, also known as…
EPCIC Segment Boosts Yinson Profits and Revenues in Q1
KUALA LUMPUR: Yinson Holdings Bhd's net profit for the first quarter ended April 30, 2021 (Q1) jumped to RM 112.0 million from RM 47.0 million in the same period a year earlier, mainly due to the engineering, procurement, construction,…
Tips for Students Applying for Study Abroad Loans
India has seen an increasing number of students go abroad for higher education. Data from the Ministry of Foreign Affairs shows that, until July 2019, more than one million students were pursuing their studies in foreign countries.…
Household wealth in India fell 6.1% in 2020: Credit Suisse
MUMBAI: Credit Suisse's Global Wealth Report released on Monday showed that Indian household wealth fell 6.1% in dollars in 2020. In rupees, the decline was smaller at 3.7%. The decline occurred as a result of a sharp contraction in…
Blade Assault Preview – A Sleek Cyberpunk Thriller
Blade Onslaught Preview
The start of Blade Assault puts you right in the middle of a cyberpunk action movie. By that I mean the story opens with the young cyborg protagonist, Kil, already locked in the floating city of…
Tether is a cryptocurrency that is not volatile and pegged to the US dollar
Stablecoins are cryptocurrencies indexed to an existing fiat currency, such as the US dollar.
They aim to mitigate the volatility that normally accompanies other cryptocurrencies like Bitcoin or Ethereum.
Among stablecoins, Tether is…