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The Washington Post On European Crisis and Euro


 

Over the last few years, the word collocation “European crisis” has turned into a set expression. It’s been almost 5 years since it began. Europe seems to have suffered most of all form the global crisis. 2 years ago a new wave of crisis broke out, thereby turning into a severe debt and banking crisis in the EU and the eurozone.
 
Good news are scanty while bad news keep coming from Europe almost every day. Yet, the world cannot ignore it because Europe accounts for nearly 20% of the entire global economy. Even though everyone seems to get used to unexpected (sometimes shocking) and controversial news from the area, they are still worried about the destiny of the Old World? A complete downfall or a renaissance?
 
Publication date: 13 May 12:48 PM

Russian Premier Medvedev On Cyprus Crisis

 

On March 20th Dmitry Medvedev, Premier Minister of Russia, expressed his opinion on the current situation in Cyprus . This instantly became one of the top news in the Russia-speaking internet community.
 
What does the banking crisis in Cyprus mean? What are the reasons for it? What may be the consequences of the Cyprus crisis for the country and the entire eurozone? Let’s ponder on these questions together.
Publication date: 21 March 09:54 AM

Tusar Forex: Broker that Returns Commission Fee?

In addition to the opportunity of earning profit, modern Forex market is characterized by certain nuances. Neglecting them means operating at a loss. First of all, this concerns risks. The difference between a professional trader and his less experienced colleague is the fact that the former approaches every transactions with a well-thought system of risk management.

Publication date: 21 March 06:27 AM

Cyprus Question: Is It Beneficial To Purchase Euro Amid Market Uncertainty?

Since entering the eurozone, Cyprus has been some of the most offshore places in Europe for businesses, investments and banking activities. However, Cyprus is currently in panic as people are standing in endless lines in front of ATMs and are hoping to withdraw some cash. The Bank of Cyprus has paralyzed the country’s banking system by banning any payments and transactions. In this aspect, more and more experts and common people ask a lot of related questions.  
 
What will happen to Cyprus and its banking system in the near future? Will it avoid a default? How will the situation influence the Euro exchange rate? 
 
Let’s try to ponder on these questions together with Masterforex-V Academy.
 
Publication date: 18 March 11:15 AM

Nouriel Roubini Forecasts Major Disappointments In Late 2013

 

According to Nouriel Roubini, A major American economist who predicted the 2008-2009 global crisis, says investors should get ready for major disappointments later this year. He made such a statement during the recent Ambrosetti Forum in Italy.
 
Publication date: 11 March 08:22 AM

Tusar Forex: How Can a Trader Get Deposit Interest

 

Modern forex market suggests numerous ways of earning money, including by means of passive income. Some inexperienced traders, for example, willingly answer the first suggestion they receive to gain additional means by depositing. In general, interests on the client’s unused capital vary from 10% to 15%, and in some cases even higher than annual rate.

Publication date: 10 March 01:10 PM

Presidential Election In Venezuela Scheduled For April 14th

 

Presidential Election In Venezuela Scheduled For April 14th
 
Publication date: 09 March 04:41 PM

US Tax Service will not Receive a Cent from Facebook for 2012

 

Bloomberg Businessweek has informed that Facebook social network will not pay a cent of taxes to the USA for its transactions during 2012.
 
Thus, according to relevant data, Facebook social network, managed by Mark Zuckerberg, will not pay tax charges to the states of its employees’ operation. In addition, according to one public organization, which follows the company’s financial position reporting, Facebook may receive about 429 mln. dollars from American tax authorities.
Publication date: 03 March 07:55 AM

Masterforex-V Academy On Euro Prospects

 

 Western mass media, including such major editions as The Wall Street Journal and The Financial Times, report that 2013 is going to be the 4th consecutive year of economic and financial weakness of the eurozone.
 
2013 is expected to bring more troubles to investors:
 
First of all, Spain is expected to emit a record amount of bonds estimated at 145bn.
Secondly, more analysts expect Spain to ask for external financial aid within a couple of months.
Political risks are expected to escalate as well. Italy is nearing elections.
 
What are the near-term prospects of the eurozone and its currency?
Publication date: 24 February 08:03 PM

Hackers Attack Apple’s Internal Network, Chinese Suspected.

Yesterday, hackers attacked Apple’s internal network.

Publication date: 20 February 08:19 AM

G20 In Moscow: Currency Wars?

 

The recent summit of G20 finance ministers and central bank governors in Moscow couldn’t but become the key newsmaker for mass media (The Financial Times, Le Figaro, The Wall Street Journal, Manager magazin etc.)
 
This was a major even in the economic and financial life of the entire world. It is not a secret that G20 accounts for 90% of the global GDP and 70% of the global population. Yet, G20 unites different countries, from Argentina and South America to the USA and Germany. This summit attracted a lot of interest because it was conducted amid global instability and uncertainty along with increasing public debts, debt crises and economic slowdown. There were rumors that G20 members may start currency wars with each other (i.e. artificial weakening of national currencies aimed at reviving their national economies by means of boosting their exports).
 
However, Christine Lagarde, Managing Director of the IMF, says that all the talks about currency wars are nothing but rumors.
 
What are the results of the G20 summit in Moscow? Will there be any currency wars? Let’s try to find the answers to these questions together.
Publication date: 19 February 11:54 AM
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