Russian State Banker Exits As Crisis Bites
MOSCOW — The head of Russia’s government-owned State Corporation Bank for Development and Foreign Economic Affairs stepped down Thursday amid fractious negotiations over a giant bailout for the troubled lender that could require $20 billion of government funds over four…
China doom-sayings are based on separating facts and rhetoric
A photo illustration shows a $100 banknote placed above Chinese 100 yuan banknotes in Beijing in this May 10, 2013 file photo. [Photo/Agencies] For three decades now many of the world’s most insightful observers have predicted imminent demise to China’s…
Social media giants throw weight behind Apple
Facebook and Twitter are siding with Apple in its fight against a court order demanding the company help investigators break into an iPhone used by one of the San Bernardino attackers. A US magistrate ordered the firm to produce software…
The global story behind Venezuela’s 6,000 percent gas hike
Already dealing with triple-digit inflation, Venezuelans have just been hit with about a 6,000 percent hike in gasoline prices and a 37 percent currency devaluation. Venezuelans will still pay next to nothing for gas, but the move highlights just how…
How to address cloud security threats with technology
Cloud services constitute a broad category, including models such as Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (Saas). If it isn’t clear already, a lot of jargon and acronyms are involved with…
Democracy’s soft spot for corruption
The day our Prime Minister was lambasting NAB for harassing public officials and rich men without proof, and threatening to clip its wings if it did not mend its ways, a 55-year old woman died in the pursuit of her…
High risk of bankruptcy for one-third of oil firms this year: Full Deloitte Report
In a report “heard around the world”, Deloitte recently reported that there was a high risk of bankruptcy for one third of all oil firms this year The news was reported by Reuters (and which was subsequently cited by many…
How Negative Interest Rates Impacts Banks – A Quick Look At Danske Bank
How Negative Interest Rates Impacts Banks – A Quick Look At Danske Bank By Sam Walker, Financial Markets Enthusiast, Contributor to investbrain.net Danske Bank Negatives interest rates has been a popular topic in 2016 and a source of incremental consternation…
ShareBits: Tip Anyone Crypto Tokens via Twitter in Seconds, New Blockchain Tech From BitShares, OpenLedger, CCEDK and Beyond Bitcoin
Bitcoin Press Release: The ShareBits joint initiative between exchange CCEDK and crypto community BeyondBitcoin.org offers individuals, businesses and NGOs the ability to leverage blockchain technology for viral marketing, by distributing crypto tokens easily created on OpenLedger via social media including…
The Gordon Gekko Effect: The Role Of Culture In The Financial Industry
The Gordon Gekko Effect: The Role Of Culture In The Financial Industry by Andrew W. Lo Abstract Culture is a potent force in shaping individual and group behavior, yet it has received scant attention in the context of financial risk…