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Donald Trump's Dangerous Game Philipps' most important customers, Airbus and Boeing, sell the majority of their aircraft in dollars, and their sheer power in the marketplace allows them to pass the currency risks on by also paying suppliers in dollars. If the dollar loses value against the euro, Aircraft Philipp's profits also drop because the ...
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Iran arrests currency traders as rial collapses Tehran (AFP) - Iranian police arrested around 100 money changers on Wednesday as it scrambled to contain the decline of the rial, which has lost a quarter of its value in six months. A video by state broadcaster IRINN showed dozens of currency hawkers, who normally ply their trade across the road ...
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Virtual currencies used not as money, but as target for speculative trading The Yomiuri ShimbunWith their values fluctuating wildly, virtual currencies have become something more like targets of speculative trading in expectation of price rises, than being used as means of payment for shopping. The policy line of the Financial Services Agency, which has prioritized promoting ...
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Crypto-currency craze 'hinders search for alien life' Scientists listening out for broadcasts by extra-terrestrials are struggling to get the computer hardware they need, thanks to the crypto-currency mining craze, a radio-astronomer has said. Seti (Search for Extraterrestrial Intelligence) wants to expand operations at two observatories. However, it has found ...
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