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Iran's currency crisis could bring it one step closer to economic collapse Iranians are scrambling for U.S. dollars as Iran's currency, the rial, plummets to historic lows amid economic and political uncertainty. The rial has lost one-third of its value this year alone and is now 60,000 to the dollar. The crisis threatens to strengthen hardliners and undermine political stability.
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Hong Kong intervenes to prop up its currency Hong Kong has been forced to intervene and support its currency after the Hong Kong dollar slumped to its weakest level since 2005. The Hong Kong Monetary Authority took the rare action of stepping in after the currency slumped to HK$7.85 against the US dollar, the weak end of its permitted trading ...
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Bitcoin bounce: Digital currency rallies 10% to two-week high Bitcoin rallied on Thursday to its highest level in two weeks, bringing the most actively traded cryptocurrency back above the $7,500 mark. The digital currency has had a tough run this year, tumbling from an all-time high above $19,000 reached towards the end of 2017. It rose 10.8 per cent on Thursday.
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Alexandre Mars: Purpose is the new currency It is not unusual for successful business people to spend their later years focused on charitable work. More novel is the entrepreneur who, by age 40, spends 90% of his time on a project that makes him no money. Alexandre Mars spoke to Alexandra Newlove about Epic, his non-profit start-up, and ...
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currency manipulation by John Feffer By slapping tariffs on Chinese imports, Donald Trump has once again proven to be the Disrupter-in-Chief. This week alone, he's brought John Bolton in as national security advisor over the objections of every sane person in the universe, threatened to go… Continue Reading ...
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Billon partners Igoria Trade on multi-currency cards Billon, the company that civilized blockchain to build business solutions for real money and smart data, has today announced a strategic partnership with Igoria Trade, the company behind IgoriaCard, which allows users to make payments in 150 currencies with low exchange costs and access to a ...
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