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
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
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
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
Death of Socialism or Death of Europe
In the first part of our reviews on how the world is changing through the crisis, we tried to describe the degree of the preparedness of countries to the intellectual economy, highlighting those that, in our opinion, are leaders in building the new economy. Now we want to share our views on what countries will Read more
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
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
What is a Stock Exchange?
Questions about what stock exchange is and what features are a part of its notion, of course, is primarily important for the legislation. There is a particular need for a legal definition and differentiation of various trade associations, because the economic importance and the effectiveness of the exchanges are just obvious (it is sufficient to Read more
Forex
Forex Market has recently become known. And if you’re reading this article, then you too have been intrigued by its profitability. You will probably want to learn how to make profit on it. It is not necessary to write about when it was formed, its turnover. More importantly, we need learn how to earn on Read more
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
The War of Nerves Around Opel
It seems that buying Opel by the Canadian-Austrian manufacturer of automotive components Magna – is a case that is resolved. However, the ongoing negotiations between Magna and the parent corporation of Opel – General Motors (GM) – is increasingly becoming a war of nerves. Thus, an information has been released from the depths of GM Read more
Volkswagen and Porsche Merge
Volkswagen has announced the final terms of the merging of Volkswagen and Porsche companies that looks more like an ultimatum to Porsche. Volkswagen will pay an amount of 3 to 4 billion euros to Porsche, after which the two automakers will proceed to merging, transmits Reuters. As a result of the deal, the shares of Read more
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
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