Category: Currency

In the midst of anemergency, you would prefer not to shake some coins out of a piggy bank. Havingfinancial safety net set up can guarantee safety during a financial crisis. Oneapproach to achieve this is by setting up a financial reserve, a pool of accessiblefinances which might help you take care of any upcoming crisis. What amount issufficient? Most financial expertspropose that you need three to a half year of everyday finance as yourfinancial saving. The authentic sum that you have to save ought to be assessedas per your current financial situation. Do you have a home loan? Do you […]

The Dynamics of External Commercial borrowings. After independence from British, India followed a restrictive economic policy, because the fear of foreign rule hadn’t left us. This led to an inefficient and underdeveloped economy. The changes in world business combined with the economic crisis of 1991 left the government no option but to bring in reforms to open up the economy. This woke up the Indian Organizations as there was a threat to them due to Multi-National Companies coming in and competing with them. The Indian Organizations started venturing into foreign markets in both equity and debt segments. External Commercial Borrowings […]

By Abigail LevandoskiThe internet exists as a place where users can freely exchange information. Using the internet, we can move and store information as we wish. However, in order to exchange something of value such as money, data or documents, that exchange requires the use of a 3rd party such as a bank, payment processors, auditor, legal services or even notaries. Blockchain, the innovative technology which currently secures the use of the digital currency, bitcoin, will allow users to exchange transactions, in real time without the use of a third party.The problem with intermediaries in exchanges of valueBanks and payment processors […]

Prime Minister Narendra Modi announced cancellation of Rs. 500 and Rs.1,000 banknotes as a legal tender (i.e. demonetizing) onNovember 8th 2016 . Demonetization policy by PM Narendra Modi has been seenas the greatest financial reform that intent to curb the black money,counterfeit currency notes corruption.The government wanted to cease the usage of illegaland forged money which was used to fund illegal activities. November 8, 2016,is being marked as “anti-black money day,” by the government and theBJP. This announcement was abrupt and impulsive. On November8, 2016, there was a live television address at 8PM. After demonetization, Indiaconfronted severe cash shortages with […]

LITERATUREREVIEWSAswe already know, the UK has definitely decided to leave the EU. Our study isabout understanding and predicting the impact of that decision on UK’s exchangerate in the short and long run. Below are different writings and proposedliterature related to our topic that we will try to describe and evaluate basedon our objectives and hypothesis of study.·       InternationalJournal of Financial ResearchDiscussing the terms of exitis still in a primary state with many unknown results and consequences. Directly,after the referendum, the value of the British pound fell against the euro anddollar and has kept on decreasing compared to the period before the […]

Additionally, ifwe consider bitcoin getting involved in the process of money laundering, it canbe a great helping hand in creating a camouflage for any kind of prohibitedactivities as well as holding back any transactions incorporated during suchmechanism. For a layman, bitcoin might seem to be a digital currency that hasonly two possibilities of either reforming the world trade system or demolishit drastically, but the unquestionable wreckage caused by bitcoin can actuallybe easily tackled with due diligence and common sense.          Moving further to an utmost importantaspect which cannot be neglected at any cost, that are the regulations againstmoney laundering. Regulations are […]

We live in a world which is prosperous to a few and not too many. Theaverage citizen of the U.S., is nearly 10 & 40 times wealthier whencompared to counterparts in Central America & some African nations.                                    As described by Daron Acemoglu & James “a nation’s economic problemsare fundamentally caused by a lack of inclusive political rights”. Plainly put, poor countries are poor because those that have power makechoices that create poverty and organize the functioning of society for theirown benefit, with the expense of its citizens. The present model either forsuccess (or) failure of nations depends on the interlinking of […]

   Introduction:Chad is a Landlocked country in central Africa. It is an LEDC country suffering from poverty, droughts, inadequate structure, healthcare and many more. As of today Chad population is 15.3 mil. Chad Major religion includes Christianity, Muslim and Islam. Chad has became an oil producing nation since 2003. Chad post independence has caused many suffering from violence and instability. Government: Type: RepublicA republic political system let the citizens choose who’s the government. President: Idriss Deby As of 2016 Mr. Deby has started his 5th term as the president of Chad republic. Mr. Deby came to the office in 1990 after […]

The Haitian Revolution has usually been known as the largest and most successful slave rebellion up to today.  Slaves began the rebellion in 1791 and by 1803 they would succeeded in ending not just slavery but also French control over the colony.  The Haitian Revolution, however, was way more complicated, consisting of many revolutions occurring at the same time. These revolutions were influenced by the French Revolution of 1789, which might come back to represent a brand new concept of human rights, universal citizenship, and participation in government. In the eighteenth century, Saint Domingue, would become France’s richest overseas settlement, […]

AAPL’s 10K indicates that its exposure to changes ininterest rates primarily relates to its investment portfolio and outstandingdebt. That said, it also indicates that AAPL’s interest income and expense are bothvery much sensitive to fluctuations in U. S. interest rates. Changes in U. S.interest rates will affect AAPL in a couple of ways: a) interest earned on AAPL’scash, cash equivalents and marketable securities, b) fair value of thosesecurities, as well as costs associated with hedging, and finally c) interestpaid on the AAPL’s debt. We can also find from the 10K that AAPL typicallyinvests in highly-rated securities, and the company’s investment […]