World Bank and International Monetary Fund launch experimental Cryptocurrency

World Bank and International Monetary Fund launch experimental Cryptocurrency

Washington: The world is moving from currency to cryptocurrency. The economists are claiming that cryptocurrency will be the future of the world. Reports of some countries moving towards cryptocurrency, also have been published. It has also been revealed that leading financial institutions and banks are seriously considering the use of cryptocurrency. But now the World […]

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The international economy has debts of $184 trillion; warns the IMF

The international economy has debts of $184 trillion; warns the IMF

Washington: The International Monetary Fund (IMF) has warned that the debt burden in the international economy has risen to $184 trillion. The IMF has also warned that the United States, China and Japan are the countries mainly responsible for this debt burden. In consideration of the international economy, this debt burden is 225% of the […]

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Argentina demands financial aid of $50 billion from the IMF

Argentina demands financial aid of $50 billion from the IMF

Buenos Aires: While the economies of the Latin American countries like Venezuela and Brazil are receiving shocks, dark clouds seem to be hovering over the Argentinian economy too. The Argentinian currency, Peso declined by about 7% on Wednesday and the warnings of this decline in the growth rate by 1% are being issued. Against this […]

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‘Rothschild Bank’ involved in financial malpractices, claim Swiss agencies

‘Rothschild Bank’ involved in financial malpractices, claim Swiss agencies

Bern: There are accusations that the Rothschild Bank was involved in the corruption and financial irregularities during the rule of former Malaysian Prime Minister Najib Razak. The ‘Financial Market Supervisory Authority’ (FINMA) from Switzerland has made this claim. Najib Razak had to step down because of the corruption in the ‘1MBD’ fund, known as the […]

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The final verdict on crypto-currency scheduled on 11 September by Supreme Court

The final verdict on crypto-currency scheduled on 11 September by Supreme Court

New Delhi/ Mumbai: The Reserve Bank of India (RBI) had declared a complete ban on the virtual Currency, Cryptocurrency transactions in India. Until then, the Supreme Court has postponed the next hearing on the petition is scheduled on 11th September. Accordingly, the court will announce its final verdict on this petition. The RBI had banned […]

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