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How can you make millions the easy way? If you want to do what these guys did, first of all you need to be damn smart, you need to be ultra organised, you need impeccable discipline, you need to train hard and rehearse, you need to scope out the place, and you need to go to Las Vegas! This is the f Read More
The past week in monetary policy saw three central banks announcing interest rate changes: Poland increased 25 basis points to 4.75%, Malawi hiked rates 300bps to 16.00%, while Belarus cut rates -200bps to 34.00%. Those that held interest rates unchanged were: UK 0.50%, Russia 8.00%, Indonesia 5.7 Read More
The past week in monetary policy saw 9 central banks announce interest rate decisions. The only bank to change rates was the National Bank of Georgia, cutting 25bps to 6.25%. Those that held interest rates unchanged were: Israel 2.50%, Hungary 7.00%, Japan 0.10%, New Zealand 2.50%, US 0.25%, Hong Read More
The past week in monetary policy saw two major emerging market economy's central banks cut rates; with India cutting by a surprise 50 basis points to 8.00%, and Brazil cutting an expected 75 bps to 9.00%. The only other bank to adjust rates was Mongolia; hiking 100bps to 13.25%. Meanwhile those t Read More
The past week in monetary policy saw 12 central banks announce interest rate decisions. Those that cut rates were: Vietnam -100bps to 13.00% and Mozambique -25bps to 13.50%, while Ghana increased +100bps to 14.50%. Those that held interest rates unchanged were: Russia 8.00%, Japan 0.10%, Armenia Read More
The past week in monetary policy saw 8 central banks announcing monetary policy decisions. Of those that changed interest rate levels, Mauritius cut its rate -50bps to 4.90%, and Ukraine cut -25bps to 7.50%, while Iceland increased +25bps to 5.00%. Those that held interest rates unchanged were: N Read More
Past and next week events, US inflation, RBA forex moves, India policy troubles, central bank gold buying, and UK bankers demanding Yuan swaps... Read More
The past week in monetary policy saw 13 central banks reviewing policy settings, with 3 banks changing rates; Vietnam -100bps to 14.00%, Mozambique -125bps to 13.75%, and Norway -25bps to 1.50%. Meanwhile those that held rates unchanged were: Japan 0-0.10%, Russia 8.00%, USA 0-0.25%, Hong Kong 0.5 Read More
Inflation warnings and exit plans, central bank activity, staff changes at the PBOC, and the fed joins Twitter... Read More
The below infographic details the history of the personal check (also known as cheque), an instrument which has been a pivotal component of historical and modern banking, and the payment system. While checks have become marginalized and even phased out in some countries, in preference of electroni Read More
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Share your small business tips with the community!