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News Analysis

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New Deloitte Report Looks at Facebook’s Impact on Global Economy, Jobs

20/01/2015(0)
In a more open and connected world, it’s not just easier for friends and family to stay in touch. New economic opportunities are being created too. A new report ... Read More
swiss banks

Newspapers condone Swiss National Bank’s decision

19/01/2015(0)
The Swiss National Bank’s decision on Thursday to do away with a lower limit of CHF1.20 on the exchange rate for the euro dropped like a bomb on pretty ... Read More
The world bank

World Bank cuts global growth forecast

14/01/2015(0)
The World Bank has cut its global growth forecast, warning the US alone cannot drive an economic recovery. In its bi-annual report, the Bank predicted global growth of 3% ... Read More
ECB

Is the ECB allowed to buy sovereign bonds?

13/01/2015(0)
The European Court of Justice is looking into whether the ECB’s plan to buy sovereign bonds is really within its mandate. Experts expect the central bank to start its ... Read More
Russian-Flag

Russia faces wave of bankruptcies if interest rates don’t fall

13/01/2015(0)
The pressure is building on Vladimir Putin: Russia will be hit by a wave of bankruptcies unless it cuts interest rates very soon, a top financial official warned Monday. ... Read More
greece - EU flag & parthenon

Greece will need EU/IMF consent to cover funding needs via T-bills

12/01/2015(0)
Greece‘s leftist opposition Syriza party will need EU/IMF approval to issue short-term debt to cover funding needs in the first quarter if it takes power after a January 25 ... Read More
snapchat-founder

Snapchat reveals $485m of funding at a reported $10bn valuation

02/01/2015(0)
Messaging app Snapchat has raised its latest round of funding, $485.6m, which may value the US-based company at more than $10bn. The funding was revealed in a filing with ... Read More
goldman_sachs_logo_door

Goldman Sachs sparks outrage by paying staff highest UK bonuses

02/01/2015(0)
Goldman Sachs has paid the highest bonuses to senior staff among banks operating in the UK, sparking outrage and leading to calls the firm must return to “planet earth”. ... Read More
lithuania-euro

Lithuania is 19th country to adopt the euro, but currency union remains deep in crisis

02/01/2015(0)
Lithuania has become the 19th European country to adopt the euro – but enters a currency union deep in crisis. The former Soviet republic is the last of the Baltic ... Read More
EUROs

Lithuania Readies Itself For The Euro As Russia Growls Across The Border

22/12/2014(0)
Geopolitics plague Lithuanians at this frozen Russian border post, where a return trip by car can mean 48 hours of queuing. It is a reminder for some of why ... Read More
Broker Cyprus TopFX