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| China and Japan to revive currency swap line as relations thaw BEIJING -- China and Japan are moving to resume bilateral currency swaps in case of a crisis as they look to strengthen cooperation in the financial sector and improve diplomatic relations. Chinese Premier Li Keqiang and Japanese Prime Minister Shinzo Abe are expected to agree to quickly work out ...
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| What does the trade deficit have to do with it? A country that runs a trade deficit—meaning it imports more than it exports—is by definition consuming more than it produces. That doesn't mean Americans are bad at saving or wanton materialists. It does, however, mean that the US is forced to borrow to finance its purchases. Countries like the US that ...
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| Bitcoin: London police make first cryptocurrency seizure from prolific hacker But West's arrest was a milestone for Scotland Yard: The 25-year-old was the first cybercriminal taken into custody and had his Bitcoin currency, worth about $700,000, seized by London Metropolitan Police. "These people generally feel they can operate with impunity, that they can't be touched. We have ...
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| India: The Legality Of Crypto-Currency And Its Repercussions On The Crypto-Currency Exchanges ... In order to better understand the legal commotion surrounding crypto-currency, it is important to review the factors that have led to its development and growth in the recent past. At the root of most path breaking innovations in the world of finance is the fundamental rule of economics, that is, the rule of ...
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| Currency snapshot (major pairs) Dollar index trading at 92.36 (-0.10%). Strength meter (today so far) – Euro +0.07%, Franc +0.09%, Yen +0.03%, GBP +0.34%. Strength meter (since last week) – Euro -1.06%, Franc -0.88%, Yen -0.76%, GBP -0.86%. EUR/USD –. Trading at 1.20. Trend meter –. Long term – Buy, Medium term – Buy, ...
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