Economic News
Another Deutsche Banker And Former SEC Enforcement Attorney Commits Suicide By Tyler Durden Back on January 26, a 58-year-old former senior executive at German investment bank behemoth Deutsche Bank, William Broeksmit, was found dead after hanging himself at his London home, and with that, set off an unprecedented series of banker suicides throughout the year which …
Bitcoin Exchange Goes Live in Sydney as Australian Interest Soars By Andrew Saks-McLeod Establishing in Sydney, new Bitcoin exchange Independent Reserve seeks to bring secure and robust means of conducting business via virtual currency There has been a recent drive toward acceptance of Bitcoin by Australian enterprises, following in the footsteps of North America, Israel, …
Bitcoin Exchange in Sydney as Australian Interest Soars Read More »
The Swiss Want Bars.. Of Gold Not Chocolate! By Chirag Mehta India is a country at stark contrast to Switzerland. We are not talking about the obvious reference to development, or who makes better chocolate, but in terms of how the two nations exhibit democracy. India is the largest democracy in the world, Switzerland, nowhere …
Entrepreneur Creates Super Low Cost, Cashless Grocery By Joshua Cook An entrepreneur in Great Britain is creating the first cashless supermarket, appealing to people on government aid and in poorly-paid jobs. Stelios Haji-Ioannou is the creator of easyFoodstore budget supermarket. He also created bargain airline easyJet and windowless rooms at easyHotel. The no-frills food and …
Entrepreneur Creates Super Low Cost, Cashless Grocery Read More »
One of Five Companies will run the Gold Fix By Cecilia Jamasmie Five are the groups that have been shortlisted by the London Bullion Market Association (LBMA) to manage a new electronic gold fix that will replace the century-old price setting mechanism. Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. …
Switzerland Is Only Country That Would Vote For Bigger Gold Reserves By Neils Christensen, of Kitco News If there is one country in the world that would vote yes in a referendum to force its central bank to increase its gold reserves, it would be Switzerland, said one Liechtenstein fund manager. Ronald-Peter Stoeferle, fund manager …
Switzerland Is Only Country That Would Vote For Bigger Gold Reserves Read More »
Forget Ebola – Here’s Why US Banks (and your savings) Are Now Extremely Vulnerable by Simon Black For a casual observer of the US economy (most “experts”), you could say that things look pretty good. Unemployment is at its lowest rate in six years. Earnings of S&P 500 companies are higher than ever, while their …
Here’s Why US Banks Are Now Extremely Vulnerable Read More »
STOCKS PLUNGE AGAIN: Here’s What You Need To Know by Myles Udland Stocks finished lower for the third straight day on a Columbus Day holiday trading session that saw US equity markets remain open while bond markets and banks were closed for the day. Stocks bounced around for most of the day before nosediving into …
