10 reasons to buy crypto-currencies other than Bitcoin

WASHINGTON, January 12, 2018.: The sudden, perhaps unexpected spurt in the price of Bitcoin is leading investors to show interest in other crypto-currencies. While demand for about a dozen other crypto-currencies of the world remains slightly muted, indications are, their prices would also soar in coming months. Several reasons have led to the exponential increase in… Please follow and like us:

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Technology – Apple faces probe by Paris prosecutors over ‘planned obsolescence’

Paris prosecutors have launched a probe of US tech giant Apple over suspected “planned obsolescence” in some of its iPhone models. It comes after a complaint by the association Stop Planned Obsolescence (HOP or Halte a l’Obsolescence Programmee) that followed Apple’s admission last month that it intentionally slowed down older models of its iPhones over time.… Please follow and like us:

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PBOC to check money laundering

BEIJING – A senior central bank official has stressed the need for increased efforts to combat money laundering. Yin Yong, vice-governor of the People’s Bank of China, said authorities should fight money laundering as an important task in “preventing and controlling financial risks and safeguarding financial system security.” China faces a “severe and complicated” situation concerning… Please follow and like us:

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IMF Harps On Need to Step Up Fight Against Money Laundering

Corrupt officials, tax cheats, and the financial backers of terrorism have one thing in common: they often exploit vulnerabilities in financial systems to facilitate their crimes, the International Monetary Fund has noted. IMF’s Managing Director, Christine Lagarde, stated this in an article on the fund’s blog. According to Lagarde, money laundering and terrorist financing can threaten… Please follow and like us:

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Google settles Italy tax evasion case, will pay 306 million euros

Rome (dpa) – Google has agreed to pay a near-record fine of more than 306 million euros (334 million dollars) to settle a tax controversy in Italy, officials said on Thursday. The settlement with Google’s Italian and Irish subsidiaries covers the 2002-06 and 2009-15 periods and puts an end to investigations conducted by Milan prosecutors, the… Please follow and like us:

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How Indians dodged government’s ‘black money’ clampdown

New Delhi, India – On November 8, 2016, India’s Prime Minister Narendra Modi in a shock decision declared all 500 and 1,000 rupee notes to be “worthless pieces of paper” from midnight onwards. This surprise demonetisation sucked out 86 percent of cash from circulation, ostensibly in an attempt to flush out unaccounted wealth, or “black money”.… Please follow and like us:

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