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| UPDATE 1-S&P downgrades South Africa's local currency debt to "junk" status JOHANNESBURG, Nov 24 (Reuters) - S&P Global Ratings downgraded South African local currency debt to "junk" territory on Friday, citing a further deterioration in the country's economic outlook and public finances, sending the rand tumbling. But a decision by Moody's to only place South Africa on ...
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| AML BitCoin Creator Saw Early Weakness in Digital Currency World, Innovated Solution and Filed ... Back then, those few involved in digital currency were touting its anonymity and the potential of the blockchain ledger system upon which it was based. Almost no one predicted that Bitcoin's price would soar, as it has in recent weeks. And very few of the tech crowd were focused on the inherent problem ...
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| Political risks shape emerging-currency markets The currency is one of the worst performers among emerging-market currencies, tumbling more than 10% over the last three months. Such a steep fall cannot be explained with economic fundamentals alone, a top official at a Turkish asset management company argued. The main factor behind the fall ...
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