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January A Bad Month For Cryptocurrencies Amidst Facebook Ban And Other Teething Concerns

The month of January appears to be a bad one for cryptocurrency investors.   There has been a slip in almost all of the digital coins. Bitcoin is all set to record its worst monthly fall since February 2014. There are two drivers for this – Facebook planning to ban all advertisements related...

Challenge Of Counterfeit Goods Can Be Addressed With A New Product Marking System

The world's most secure marking system is being claimed to have been developed by researchers at the University of Copenhagen. This system would be able to fight against pirated goods – ranging from pirated pharmaceuticals, foodstuffs, designer merchandise and artwork.   And since the...

Earnings Of U.S. Oilfield Service Firms Will Be Hit By Venezuela’s Economic Troubles

The sanctions posed by the United States on Venezuela and on the state-run oil company PDVSA coupled with the economic debacle that the South American nation is going through has resulted in the country the U.S. oilfield service companies that are exposed to the country facing hits to earnings....

Including China And Russia In The WTO Was A Mistake, Says Trump Administration

China and Russia have failed to transform in to market based economies and therefore the United States believes that it had made some mistakes in including the two countries in the world trade organization (WTO, said the Trump administration.   Two reports were sent to the Congress on Friday...

Relations With Beijing Sought To Be Repaired By Google Through Tencent Patent Sharing Agreement

In what is being viewed as an attempt by Alphabet's Google to repair the soured relations with Beijing and to seek a way to register a greater presence in the massive online market of China, the U.S. based search engine has inked a patent-sharing agreement with Chinese internet giant Tencent...

Cloud IT Infrastructure To Draw More Shift From Traditional Infrastructure Spending In 2017:IDC

There is anticipated year-on-year growth of 20.9% in the spending on IT infrastructure products such as server, enterprise storage, and Ethernet switches, put to use in cloud environments in 2017 at $46.5 billion, claims a new forecast of the International Data Corporation (IDC) in its report...

U.K. Banks To Rein In Lending To Households As Inflation Cuts Into Wages

In the U.K., the average household is having a problem because the rate of inflation is around 3% while the rise in wages is no more than 2.5%.   And what is worse is that the average British household is now being denied cheap loans – which was a source that was used to boost the household...

Business Opportunities In China Being Explored By European Aerospace Firms

European companies functional in the aerospace sector is seeking to strengthen their presence in China due to the vast market there and the growing demand from the sector.   Enhancing production in localized facilities in China, implementation of new orders, new service contracts and...

Iraq To Remain Committed To OPEC Cuts Despite Reaching 5 Million Bpd Production Capacity

Iraq would remain committed to the targets of output that it has agreed to under the global pact to cut supplies despite the fact that the OPEC member’s output capacity is closing in on a total of 5 million barrels per day, said Iraqi Oil Minister Jabar al-Luaibi on Saturday.   Despite an...

Market Cap Of Virtual Currency Ripple Can Be Greater Than Bitcoin If It Touches Price Of $7

Many of the cryptocurrency watchers are now obsessed with market capitalization.    The term market capitalization represents the total value of all of one form of digital currency that is in circulation and is calculated multiplying of the total number of digital coins in circulation...

The World Economy Could Have Six Black Swans In 2018 According To Some Chinese Observers

Growth prospects in 2018 could be dampened by some "black swan" events according to some Chines observers even as a broad-based recovery has been witnessed by the global economy last year.   Events that are rare and which could result in catastrophic ramifications is called black swan...

Tighter Markets And Iran Tensions Drive Crude Oil Demand Ding Up Prices To Their Highest Since Mid-2015

The ongoing OPEC-led output cuts and the prevailing tensions in the key producer country Iran has driven the price of global crude prices to an all time high since the setting of the slump in commodity prices in the global markets in 2014/15 and the prices that were touched on Thi=ursday were the...
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