NEWSWORTHY

Turkish central bank tries to contain currency crisis

Aug 13, 2018

Turkish central bank tries to contain currency crisis

Turkey's central bank announced a series of measures on Monday to free up cash for banks as the country grapples with a currency crisis sparked by concerns over President Recep Tayyip Erdogan's economic policies and a trade and diplomatic dispute with the United States. The ...

Where now for Venezuela, as it wrestles with 1,000,000% inflation?

Jul 27, 2018

Where now for Venezuela, as it wrestles with 1,000,000% inflation?

Whether Venezuela's projected 1 million percent inflation sparks a social revolution or forces the government to open up the economy, one thing is sure: It will heap more misery on a suffering population. This week, the International Monetary Fund made the stunning projection, adjusting its ...

France and Germany close to an agreement on eurozone reform

Jun 17, 2018

France and Germany close to an agreement on eurozone reform

Paris and Berlin are very close to an agreement on eurozone reform after months of divisions, French Finance Minister Bruno Le Maire has said. "An agreement is close at hand," Le Maire said on Twitter late Saturday after final negotiations on the subject with this ...

Unregulated ICOs threaten funding source for startups

Mar 29, 2018

Unregulated ICOs threaten funding source for startups

by Kazuaki Nagata

The rising cryptocurrency boom has sparked a fundraising scheme called initial coin offerings that have become a money-pumping machine for startups but also have a problematic reputation. Masahiro Yasu, 29, chief executive officer of Tokyo-based startup Alis Co., experienced the power of the ICO when ...