Archive: July2016

Brexit loses UK nearly a Third of International Students

29 Jul 2016
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Almost a third of international students say they were not likely to study in the UK as a result of Brexit. According to a survey from college and careers service Hobsons, 32 per cent of the 1,014 respondents said they would prefer Canada, 21 per cent chose Germany, while 20 per cent picked American or […]

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Compare Trump and Clinton on Spending and Economy

29 Jul 2016
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The media circus that always accompanies Donald Trump was in stark contrast to the staid and comparatively dull Democratic National Convention(DNC). Trump managed to steal some of the focus from what is an historic event- the first woman to be nominated as a presidential candidate for a major party, saying: “Russia, if you’re listening, I hope […]

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Elon Musk’s Visionary Gigafactory

28 Jul 2016
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Tesla Chief Executive Officer Elon-who has been in negotiation to merge with solar company SolarCity, Inc- has recently said that the final designs for Tesla’s $35,000 electric Model 3 were finalised two weeks ago; the company is moving forward on schedule to begin production next summer. Musk said the Model 3 may bring in revenue […]

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British Luxury Yachts Brexit Exchange Rate Bargains

27 Jul 2016
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The British pound Sterling to US dollar exchange rate since Brexit means that the UK has become a bargain marketplace for foreign property and business investors with Wells Fargo buying up a pricey City block and British chip design firm ARM selling to Japanese company SoftBank for £24bn. The exchange rate is also increasing sales […]

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Proof That Big Banks Rob Clients: HSBC FX Exec Arrested

21 Jul 2016
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If you were transferring euros into pounds on December 7, 2011, after 2:56, then you got a poor exchange rate because a pair of currency dealers in the UK manipulated the market to cause the pound to spike in value.  This week saw the first arrest of an individual currency broker responsible for “ramping” or […]

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WikiLeaks and the Rising Costs of Turkish Coup

20 Jul 2016
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Described by political analysts as a bungled blunder, Turkey’s failed coup is now an excuse for Turkish president Recep Tayyip Erdoğan to strengthen his already autocratic control over the country. The increasing lack of democracy that prompted the coup will be but one of many casualties on top of the over 200 persons who were […]

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Italy’s Bank Crisis Threatens Euro

19 Jul 2016
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As Italy frantically tries to save its banks without forcing investors to absorb massive losses, the European Union’s top court ruled that it is not necessary that junior creditors and investors must suffer losses before a bank is rescued. The court didn’t immediately allow Italy to break with EU rules, but opened the door, which […]

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Amazon Currency Converter vs Your Credit Card

13 Jul 2016
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Amazon Prime Day Comes to India on August 8-10. The service has just opened in India as Amazon invests $5bn to target the large market and in a bid to increase subscriptions, Amazon is  wasting little time before launching a two day sale. Given the fact that issues with servers has spoilt the bargain shopping […]

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Theresa May Is Already Good for the Pound

12 Jul 2016
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Global markets are simply panting for good news and are pleased to see a pair of improvements that are soothing market uncertainty. Apparently, the news that Larry, the #1 mouser at Number 10 is a ‘remainer’, was also received with some relief. US Jobs Growth Buoys Global markets First the US Jobs report was released […]

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7 Signs that Your Currency Exchange Rate is About to Go Up

11 Jul 2016
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Can you Protect your Currency against Exchange Rate fluctuations? Yes! Speak with a currency transfer specialist. A specialist has insights about the trends of major currencies.  With the benefit of the latest market information, they are an invaluable in helping you make informed decisions about how and when to move your money. They may suggest […]

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