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Coping with Rising Costs – Online Investment Options

Having a job and get salary from it usually not enough to cover up all of your expenses, especially if you have lots of debts and kids. People, who get trapped in this rat race, often try to figure the best way to escape it. The best idea that they could come up with is Read more

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Utilizing the Virtual Trading Account in Forex Trading

Foreign Currency Trading, often called by Forex is an alternative to make money in the market. If you’re often to trade stocks, bonds, or options, you probably like this one. Forex trading is quite different with other traditional trading because you could do it online, get in and out of the market in a matter Read more

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Investment Options For Better Retirement Planning

When you retire, usually you’ll end up by having less money than your working day. It’s because you have no source of income anymore, and you’re forced to use your retirement investment for your daily expenses. The investment, at some point might be the best choice for you. However, when the products price rise up, Read more

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Individual Retirement Account – Your Gold Eggs During Retirements

When it comes to saving money and planning your retirement, nothing is too early. To prepare for your retirement, you could setup an Individual Retirement Account (IRA) The IRA will be your retirement savings plan. Either you work as an employee or a self-employed; you could save some money and put it into your IRA. Read more

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Advantages and Disadvantages of Direct and Indirect Exports

With the opening of Eastern European markets exports and imports became the domain of not only large state-owned trade associations, but also production companies and trading firms. Export as a whole should be distinguished between direct and indirect, because the mechanisms and tools of development are different. The simplest form of acts is indirect or Read more

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Exchange Crises

Exchange crises are a kind of reaction of the securities market on the excessive “swelling” of fictitious capital. One such crisis occurred in October 1987, when stock prices fell sharply on the stock markets of the capitalist countries. Thus, in comparison with the maximum level of August 25,1987, in October 19, 1987, they fell on Read more

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Peugeot Citroen is buying the Russian unit of AIG

American financial and insurance group American International Group, Inc. (AIG) is selling its banking unit in Russia – “AIG Bank”, is reported in the press release of the company on June 29. Banque PSA Finance SA, registered in June 2008 as the financial branch of French auto concern PSA Peugeot Citroen, is going to buy Read more

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The War of Nerves Around Opel

It seems that buying Opel by the Canadian-Austrian manufacturer of automotive components Magna Рis a case that is resolved. However, the ongoing negotiations between Magna and the parent corporation of  Opel РGeneral Motors (GM) Рis increasingly becoming a war of nerves. Thus, an information has been released from the depths of GM Read more

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Brazil is not Against the Gradual Dedollarization in the World Economy

Brazil is not against dedollarization of the global financial system and trade, but this process should take place gradually, through a “safe action”, said Minister of Foreign Affairs of Brazil Celso Amorim. “I do not know whether the world is ready to say “let’s replace the dollar with special drawing rights (SDR) or something similar”, Read more