
Canada to Mint Its Own Crypto-Currency
• Tom Simonite via TechnologyReview.comThe Royal Canadian Mint has invented a new, digital currency called MintChip intended to be an alternative to using debit and credit cards.
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The Royal Canadian Mint has invented a new, digital currency called MintChip intended to be an alternative to using debit and credit cards.
Struggling with money has proven to be an unbearable burden for a Greek pensioner - who has shot himself dead in a square in central Athens.
How do you create your own monsters? Over the past month the US and Europe have been telling us they will agree to release oil reserves into the market to drive down prices.
A a 77-year-old retired pharmacist shot himself in the head Wednesday in central Athens
Spanish Prime Minister Mariano Rajoy warned Wednesday that his country was facing “extreme difficulty” as its cost of borrowing money on global markets jumped and doubts increased about whether the government can stick to the strict austerity program
This was a really ugly day for Spain.
Six centuries ago, when London and Paris were irrelevant, plague-infested backwaters, and New York City wasn’t even on the map, the greatest city in the world was Nanjing– the capital of the Great Ming.
Hats off to Ngozi ... A golden opportunity for the rest of the world to show Barack Obama the meaning of meritocracy
Who would know better the dangers of money printing and inflation than the Argentinean government ?
According to the Asahi Shimbun, six of Japan’s utilities will release their largest net losses on record.
European stocks markets surrendered early gains Monday and the euro was lower against the dollar after investors were disappointed having dug deeper into a manufacturing report out of China and data from the euro zone
"Workers coming into the resources industry in Australia at the moment will be among the best paid workers in the world. The large amount of construction occurring in Australia in developing mines, railways and ports is putting huge demands on us."
Bailouts appear to be the medicine du jour prescribed across Europe for debt-stricken nations.
More than half of young Spaniards (over 51%) are out of work, creating a lost generation that has been hardest hit by Spain's economic woes.
Another week, another bout of social unrest in a Euro peripheral nation, if the fourth largest economy in the area (Spain) can even be called that. Yesterday's action saw more than a million people take to the streets...
Given more mixed news in March, and the likelihood that weather-related boosts will fade in the month or two ahead, the stakes have been raised for the releases over the next 24 hours.
Ecuador's economy grew 7.8 percent in 2011 from a year earlier as stronger oil prices helped OPEC's smallest member double its growth rate from 2010, the central bank said on Friday.
So great to know that Europe's problems have finally been solved...
“I think that unless we see legislation, somewhere, that is rational and recognizes that gold and silver are really different forms of money, and that this whole scheme of paper is unworkable, then the world is going to go down in flames."
A Moroccan worker in Italy set himself on fire on Thursday in protest at not being paid for months, a day after an Italian businessman set himself alight over a tax dispute, police said.
The French prime minister has said that there's a “good chance” the United States and Europe will agree to release oil reserves into the market to drive down crude prices, but discussions are still ongoing.
Labor unions shut down transportation, businesses, and government offices to protest austerity measures, unemployment
It is wrong to idealize the Chinese success, let alone fear Chinese economic dominance in the future. It is not coming
Seven months after the official announcement on 9/21/11 of “Operation Twist” not much progress has been made at the long end of the market to reduce yields.
It is rather surprising that in a world in which anything and everything is only about money, it is next to impossible to find a consolidated balance sheet of the world's insolvent economies (i.e., the developed countries: US, Japan and the Euro Area
The US has pressured SWIFT, the international financial messaging service, to drop Iran from its network. According to legendary gold investor Jim Sinclair this will backfire with dire consequences for the dollar.
Entered By: Glenn JacobsThis is the conversation over whether a handful of people should have the moral and legal right to preside over the disbursement of trillions of dollars via central banking.
Examine how the Federal Reserve bails out European banks, propping up spendthrift European governments in the process. Unfortunately this bailout comes at the expense of American citizens, in the form of higher prices and diminished savings down the
Just a few years ago Latvia showed rapid economic growth in the forefront of the EU accession, but the recent economic rollercoaster ride has reduced unjustified expectations to begging for a bailout.
Bills and coins represent only 3 percent of Sweden's economy, compared to an average of 9 percent in the eurozone and 7 percent in the U.S., according to the Bank for International Settlements, an umbrella organization for the world's central banks