Invirohub company is going to lunch interactive electric meters on the market in order for the residents of South Africa could pay energy bills in bitcoins. This payment method holds a particular relevance for the country, as in some of its regions there is no...
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In Hungary there is a so-called “debtors’ ghetto” on the outskirts of the city of Ocsa. It is a small government-built development, housing just a few of the tens of thousands of indebted households; people who took out foreign currency loans before the economic crisis...
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If the authorities do not solve the problems of the banks' borrowers in Ukraine in the near future , there will be a new Maidan, - the head of the National lustration committee Fyodor Aleksyuk declared. The Ukrainian online media Polemika quoted him as...
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Argentina’s Economy Minister Kicillof, during recent talks with a special representative of the United States court on debt settlement, considered the judgement adopted in the favour of the depositors disagreeing with the restructuring of debt - unenforceable. An American court has annulled the payment made by...
Read MoreAfter a period of relative stagnation from 2008 to 2012, the British Empire's global speculative bubble took off like a rocket in early 2013, and is currently hyper-inflating at a rate of over 20% per year, writes in his article the editor of Executive Intelligence...
Read MoreIn January 2010 Obama promised that he should double US exports in 5 years in a bid to collapse the US trade deficit. It isn't quite 5 years later, but we doubt that anyone would have expected what the outcome of Obama's export boosting campaign would...
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Access to financial services is a decisive factor in fighting poverty and generating revenue among the rural households. However, financial institutions in rural areas are distant and the process involved in accessing them is not favorable for the rural semi-literates. Until December 2011, Yafeesi Kintu did...
Read MoreAccording to the Gallup Institute's research published on the eve of the independence day in the United States, fewer Americans believe their country to be free. The rate of believing in this has decreased from 2006 to 2013, from 91% to 79%. Of course,...
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France’s political and business establishment has hit out against the hegemony of the dollar in international transactions after US authorities fined BNP Paribas $9bn for helping countries avoid sanctions. Michel Sapin, the French finance minister, called for a “rebalancing” of the currencies used for global payments,...
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The more the US antagonizes the world with spying or huge fines on foreign banks, the quicker the process of abandoning the dollar as a reserve currency will be unraveled. As Peter Schiff, the president of investment house Euro Pacific Capital, told RT, European countries...
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