Sun, May 05, 2024

Amanda Hansen

Amanda Hansen is our senior reporter writing on Economy News. Ms. Hansen is a Georgetown graduate specializing in economic and political sciences. Her Ph.D. concentrates on the market impact on the global economy.

RoyalStox Review

RoyalStox Review

RoyalStox Review Content: General Information/Regulations and Licensing Account Types Conclusion RoyalStox Review RoyalStox is an offshore broker that passes itself as a UK based firm. They have lazily attached the word “Royal” to its name and put a picture of the Queen on their website, to insinuate some connection to the United Kingdom. However, this …

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CoinePro Review

CoinePro Review

COINEPRO REVIEW CONTENT: GENERAL INFORMATION FUNDS TRADING AND SECURITY TRADING ACCOUNTS TRADING CONDITIONS TRADING PLATFORM COINEPRO’S TRADING PRODUCTS CUSTOMER SERVICE CONCLUSION Broker Review: CoinePro General Information CoinePro is a new broker that started off on the wrong foot. The company was founded in 2020, and in less than a year, they’ve had to rebrand in …

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NorthState Review

NorthState Review

NorthState Review Content: General Information Regulations and Licensing Account Types Trading Services Conclusion A general overview NorthState is a brokerage offering services for a wide range of assets. This is not necessarily a good sign, though. A broker should focus on a small range of assets if they want to do well. Offering services in everything …

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Forex trading has grown exponentially in South Africa

Forex trading has grown exponentially in South Africa

The coronavirus lockdowns have caused millions of job losses. Lots of people have been forced to eat into their life’s savings to survive. However, the economic crisis caused a surge in the number of active Forex traders in South Africa. Their number has grown exponentially in recent months as people are looking for alternative ways …

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Bank of Namibia clarifies statement about online FX trading

Bank of Namibia clarifies statement about online FX trading

There was some confusion surrounding the statement of the Bank of Namibia recently, concerning accusations of them banning online foreign exchange trading. However, the bank clarified that they are not prohibiting online forex trading. It meant instead that the practice of collecting money from the public for investment in forex is unlawful.   Emma Haiyambo, …

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Ireland and cryptocurrency firms

Cryptocurrency Firms in Ireland and Country’s Government

On August 10, the government of Ireland approved a bill to transfer the criminal justice elements of the European Union’s Fourth Anti-Money Laundering Directive (AMLD5) into national law. As a result, cryptocurrency firms in the country will soon be regulated in accordance with the latest European legal framework. This will be done in order to …

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Is launching FX bourse answer for Iran’s currency dilemma?

Does launching FX bourse answer Iran’s currency dilemma?

Iran has a long-standing problem when it comes to foreign currency exchanges. However, many analysts criticized the Central Bank of Iran (CBI) policies in controlling the forex market after the recent increase in inflation indices. They claimed that the rising exchange rates were the main reason for the inflation hike. Analysts consider foreign currency rate …

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Germany and blockchain technology

Regulators and a Bill on Blockchain-Based Digital Securities

Last week, Germany’s Federal Ministry of Finance and the Federal Ministry of Justice and Consumer Protection introduced a draft bill on blockchain-based digital securities. Importantly, Federal regulators in Germany would like to modernize the country’s securities with blockchain technology. According to the official statement, the authorities outlined the importance of digital securities. Moreover, the adoption …

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Ridesharing company Lyft and second-quarter earnings

Ridesharing Company Lyft Reported Second-Quarter Earnings

On August 12, a ridesharing company, Lyft, reported its second-quarter earnings. It is worth mentioning that the revenue in the second quarter fell by 61% in comparison to the same period of time last year. According to the president and co-founder of Lyft, John Zimmer, the company may need to suspend its ride-hailing operations in …

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Dollar

First-Time U.S. Weekly Jobless Claims Fell Below 1 Million

The U.S., the world’s largest economy, is struggling to cope with the economic impact of the coronavirus pandemic. Thankfully, first-time jobless claims fell below 1 million for the first time since mid-March. This means the labor market is continuing its recovery from the coronavirus pandemic. Interestingly, there were total claims of around 963,000 for the …

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The president of Venezuela and crypto

Bolivarian Council of Mayors, Petro, and Taxes

The population of a country with the largest proven oil reserves in the world is struggling to make ends meet. This country is Venezuela. Recently, the Bolivarian Council of Mayors in Venezuela signed the so-called “National Tax Harmonization Agreement. As part of the agreement, municipal governments will be able to collect taxes and sanctions by …

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