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IMF says Sudan must float currency to boost growth, investment The IMF said the end of sanctions was an opportunity for Sudan to strengthen its economic outlook but it required a currency float. "Fiscal policy should be tightened to eliminate the monetization of deficits, thus helping to reduce inflation and buttress macroeconomic stability," it said. It projected GDP ...
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Digital currency exchange operators Coinbase and Bitfinex report problems Bitcoin exchanges and wallets have a history of being hacked, and security experts say they become more vulnerable to cyber-crime as valuations rise. There have been at least three dozen heists on exchanges that buy and sell digital currencies since 2011, including one that led to the 2014 collapse of ...
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Some Bitcoin Investors Are Mortgaging Their Homes to Buy More Digital Currency As Bitcoin continues to soar in valuation, new investors are joining the craze, even if they don't initially have the money to pay for the cryptocurrency. Securities regulator Joseph Borg says he has seen people doing everything from running up credit card debt to mortgaging their homes to pour money into ...
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Proskauer Launches Blog on Blockchain Technology and Digital Currency Trending Topics NEW YORK--(BUSINESS WIRE)--Focusing on trending news and related legal issues associated with blockchain and its applications in all areas (including digital currencies) international law firm Proskauer is pleased to announce the launch of its newest blog, Blockchain and the Law. Available at ...
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Moody's affirms Rawbank's B3 local currency deposit rating; outlook changed to negative from stable London, 12 December 2017 -- Moody's Investors Service today affirmed Rawbank's local currency long and short-term deposit ratings at B3/NP respectively and changed the outlook on the long-term deposit ratings to negative from stable. At the same time, Moody's has affirmed the bank's baseline credit ...
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3M Issues FY18 Outlook; Targets Organic Local-currency Sales Growth Of 3-5% (RTTNews.com) - 3M ( MMM ) announced, for the full-year 2018, the company expects: GAAP earnings per share of $9.60 to $10.00, an increase of 6 to 10 percent; total sales growth of 5 to 7 percent; and organic local-currency sales growth of 3 to 5 percent. The company also reported that it is tracking ...
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Bitcoin, Monero, and Gold are "Allies" in the Private Currency War Bitcoin naysayers have often made the claim that bitcoin isn't backed by anything. While the same can be said for fiat currencies, as the gold standard ended decades ago in most parts of the world, things are about to change once more yet another of one of the largest precious metals dealers is now ...
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Three held with demonetised currency worth over Rs 13 lakh in Jammu and Kashmir SRINAGAR: Three people were today arrested for allegedly possessing demonetised currency notes with the face value of Rs 13.63 lakh in Nigeen area here, police said. The accused -- Bashir Ahmad Khan, Showket Ahmad Bhat and Bashir Ahmad Bhat -- were nabbed during a surprise inspection, the ...
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DRI Recovers About Rs 50 Crore of Demonetised Currency in Gujarat Bharuch, December 12: In a bid to curb the menace of black money from the system, the Directorate of Revenue Intelligence (DRI) has managed to recover about Rs 50 Crores of Demonetized Currency. DRI, a pioneer Intelligence Agency of the Government of India, zeroed in on office premises at ...
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Tabreed Wins Local Currency Loan Deal of the Year National Central Cooling Company PJSC (DFM: Tabreed), the leading regional UAE-based district cooling utility company won the local currency loan deal of the year at the Bond, Loans and Sukuk Awards Middle East held on December 7, 2017 at the Ritz Carlton JBR, Dubai. Tabreed secured a club ...
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