India’s economy may overtake economic powerhouses like the UK and France and become the world’s fifth largest economy by next year, according to a report by the Centre for Economics and Business Research’s 2018 World Economic League Table.
The largest Japanese financial enterprise Mitsubishi says it will offer a regulatory framework for bitcoin trading, aimed at reducing the risks and suppressing market volatility, whilst extracting a substantial profit from the scheme.
The Red Sea Suakin port used to be Sudan's major harbor when it was ruled by the Ottoman Empire, but during the last century came into disuse after Port Sudan had been constructed 35 miles (60 km) to the north.
Last week, the UN Security Council unanimously voted in favor of the resolution to introduce new sanctions against North Korea for its continuing ballistic missile tests.
Reddcoin was designed for small transactions and other uses on social media. On December 25, its market cap reached $648 million.
MOSCOW (Sputnik) – The Russian Finance Ministry is planning to place an issue of bonds in yuan worth $1 billion on the Russian domestic market in 2018, Minister Anton Siluanov said Tuesday.
Russia's Rosselkhoznadzor has lifted restrictions on Sri Lanka tea supplies, imposed earlier because of a dangerous pest of grains and seeds, discovered in a tea shipment.
The statement came as the world's largest cryptocurrency lost over 25 percent of its value last week.
MOSCOW (Sputnik) - The UK shale gas companies expect to launch a large-scale fracking of gas in the northern English counties of Yorkshire and Lancashire in 2018 amid protests of environmentalists against the authorities’ decision to grant permission for such activities, the Guardian newspaper reported Monday.
MOSCOW (Sputnik) - Governments should educate people about the risks associated with cryptocurrencies and learn more about the blockchain technology before attempting to regulate its currency by-products, experts told Sputnik on the sidelines of an international conference "First Global Convention of Miners" held in Moscow.
Earlier this month, the chairman of the Israel Securities Authority (ISA), Shmuel Hauser, said that bitcoin-based companies wouldn't be included in TASE indexes, adding there was a need for a regulatory framework for such instruments.
While Bitcoin continues to slide after a brief recovery, dogecoin seems to be gaining grounds at the cryptocurrency market.
MOSCOW (Sputnik) - Tehran and Moscow are conducting tests to link their bank card systems and are in negotiations over a formal accord between the central banks in order to overcome legal issues, Director of the Payment System department of the Central Bank of Iran Davood Mohammad Beigi said Monday.
NEW DELHI (Sputnik) - Russia and India have approved the creation of a mechanism that will eliminate existing limits and barriers in bilateral trade, Russian Deputy Economic Development Minister Alexey Gruzdev told reporters on Sunday.
German financial regulators say they have no plans to introduce a European Central Bank (ECB)-backed cryptocurrency in the near-term, citing their concern with a lack of understanding of digital currency market mechanisms, and associated risks and costs.
The ongoing improvement in consumer and business spending lifts prospects for 4Q17 GDP growth, however, a decline in household savings might indicate this is the last hoorah of the Obama-era debt-driven economic growth model.
The Federal Reserve Bank of New York is calling attention to the ongoing rise in auto loan delinquencies, as well as surging household debt levels, which pose potential hazards to the bond market and the broader economy.
Digital currency bitcoin regained some of its value as the tumultuous week draws to its end, not least due to the allegedly controlled disruptions in trading aimed at preventing an even steeper selloff.
It’s been a turbulent week on the cryptocurrency market, where the spectacular gains made over the last month have evaporated in the space of a dramatic seven days.
A cryptocurrency crash seems to have swept the markets this week, culminating with a massive drop during Friday’s trading.
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