![]() | The central banks of developing countries can begin 2020 with a new easing of monetary policy, which is likely to support the global economy, as developed countries have almost exhausted the possibilities of monetary policy. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/4ndnlekwzja41.png?width=1573&format=png&auto=webp&s=017340e9bc570d151cd7511a6f9f231a0880867d Regulators in Thailand and Argentina recently made it clear that they intend to act, while economists predict further easing of policies, albeit limited, in Indonesia, Russia, Turkey, and other countries. The head of the central bank of Thailand noted in an interview last week that additional measures would be taken to ease restrictions on capital outflows to stop currency appreciation. The new president of the central bank of Argentina promised to lower the rate again in order to support the free-fall economy. The rate in this country, however, is at 58% and keeps the highest in the world. The World Bank's published forecast promises a modest acceleration of global economic growth in 2020 up to 2,5% from last year of 2,4%. It happened mainly due to stabilizing the growth of a small number of large emerging markets countries. Only eight markets should provide approximately 90% of the expected acceleration: Argentina, Brazil, India, Iran, Mexico, Russia, Saudi Arabia, and Turkey. The Bank of Russia, where sluggish consumer demand and the ruble rally determine the dynamics of inflation, probably to lower the rate again at the beginning of this year. In order to keep up with the latest news regarding bank system in the world, visit ITRADER. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | The end of the year is coming, so financiers are very fond of summarizing, evaluating which assets showed the best dynamics and which the worst. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/n0f9zz7x80541.png?width=470&format=png&auto=webp&s=e403648d7e7606f46217dd8fe4a21904ff4a4fbf The American stock market has updated historical records again. At the same time, Bank of America experts notes that over the week, $ 1,7 billion was withdrawn from funds investing in the S&P 500 index, and the influx into the bond market amounted to more than $ 9 billion. Nevertheless, this did not prevent the broad market indices from growing, which is explained by the non-stop buyback of Apple shares. Papers of the IT giant have a very high weight and are able to move indices almost single-handedly. Regarding the results of the decade, the Central Bank of Brazil became the most active central bank during this time. It reduced the rate 25 times and raised it 24 times. The Bank of Japan became the most passive Central Bank: only one increase and no more action. In terms of population growth since 2010, India has become the leader. It showed plus 149 million people, but Syria has become an outsider. The country recorded a record population decline at minus 4 million. The labor market is worth noting America. If in the period from 2000 to 2010 Since the number of jobs decreased by 1 million, over the past ten years, the U.S. economy has created 22,4 million jobs. The most interesting point is the negative rates. In 2010, hardly anyone could have imagined that after a short time in the world will appear bonds with negative yields. Then there were no such papers. However, in 2019, bonds with a rate below zero reached $ 17 billion. Of the government bonds for ten years, 30-year treasuries showed the best dynamics: the yield on them at the beginning of the decade was approximately 4,65%, and now it is 2,26%. Traditionally, the best stock assets were U.S. stocks. For every dollar invested, investors would now receive $ 3,46. However, investors in Greek stocks failed. From the invested dollar, they would receive only 61 cents. Among commodity assets, oil shows the worst dynamics. Only 71 cents is left from the invested dollar, but golden was able to be gainful. The cost of an ounce of yellow metal increased by 34%. Even with an impressive correction, Bitcoin remains the absolute leader among all assets. The $ 1 invested in this digital coin turned into $ 90. The most unprofitable currency of the decade was the Kyat of Myanmar. It almost completely depreciated against the dollar. If $ 1 were invested in this currency in 2010, now only $ 0,004 would be left from it. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | The new leadership of the European Union plans to announce next week the launch of the world’s most ambitious program to combat climate change, for which radical economic reforms will be carried out. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/m92ibiyc9s241.png?width=1000&format=png&auto=webp&s=d0d9ad6e3dffe8d1f1b2009cecf4fd338048e3de The union’s leaders pledge to reduce greenhouse gas emissions to zero by 2050, the draft joint statement said for the EU leaders’ summit scheduled for December 12-13 in Brussels. To achieve this goal, the EU promises more green investments and policy adjustments, including easing the ban on government subsidies, changing public procurement rules, and increasing the tax on imports from countries that do not comply with environmental standards. “If our goal is to become a climate-neutral continent by 2050, we must act today. This is a generational transition that we must make.” European Commission President Ursula von der Leyen asserted at a United Nations climate conference on Monday. The EU plan, to be approved at the climate conference in Madrid (COP25), which will open in Madrid, will make Europe the greenest of the rest of the world. Countries such as China, India, and Japan have yet to fulfill their commitments under the Paris Climate Agreement of 2015. President Donald Trump, as you know, announced the U.S. withdrawal from the Paris Treaty. The European Commission, the EU regulatory body, will develop rules that transform the European economy as soon as national leaders sign climate goals for 2050. The wording of the draft communiqué of the Brussels summit, which is still subject to change, reflects the initial set of proposals that should be submitted by the commission the day before meeting leaders. To ensure that coal-dependent Poland does not veto climate goals, EU leaders intend to offer Warsaw a “favorable program” that will include financial support. According to the latest assessment of the European Commission after 2030, projects related to combating climate change may require additional investments in energy and infrastructure in the amount of 290 billion euros ($ 321 billion) per year. According to the plan, the European Investment Bank will become the primary source of financing. This financial institution is ready to provide up to 1 trillion euros over the coming decade. Moreover, the bank will stop financing projects related to fossil fuels since 2021. Von der Leyen said in Madrid that the European Commission in March would propose a new EU law that will make the transition to climate neutrality irreversible.” She also indicated that the measure would expand the scope of emissions trading and would include a “farm-to-fork” strategy and biodiversity measures. Next week, EU leaders will also discuss the long-term budget of the bloc. The project provides for the allocation of at least $ 300 billion (or a quarter of the total budget) for climate initiatives from 2021 to 2027. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments.. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | Japanese automaker Honda cut its annual earnings forecast by about 10% to a four-year low, citing a stronger yen, and said it would buy back $915 million shares over the rest of the financial year. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/4fm7wlanu9y31.png?width=799&format=png&auto=webp&s=1d8d8489d57864fd4e7d17b8ce028692cb51956c Honda currently expects operating income of 690 billion yen for the year to March 2020, the lowest since late March 2016, compared to 770 billion yen earlier. The yen is expected to average 107 against the dollar over the period from the previous assumption of 110 yen. Honda also suffered a nearly 20% decline in motorcycle sales six months before September in India. Honda joins compatriots Suzuki Motor, Subaru, Mazda Motor and Mitsubishi Motors in declining earnings forecasts in recent days. Honda said it would buy back up to 33 million shares worth up to 100 billion yen over the rest of the fiscal year. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance and forecast are not a reliable indicators of future results. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | Sources also say the company is preparing to leave the markets of China, India, and parts of Latin America. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/b90zjqvhrhu31.png?width=692&format=png&auto=webp&s=0fa7994f2883946692ecb0d5a5207d935817582a The WeWork coworking network will lay off 30% of employees - up to four thousand people. A thousand cuts will fall on the cleaners, according to the Financial Times, citing sources. The reductions are part of the plan of the Japanese holding SoftBank, which on October 22, 2019, received a controlling stake in WeWork. SoftBank provided the company with new financing for $ 5 billion, and also redeemed shares of WeWork founder Adam Newman for $ 1 billion. Besides, SoftBank allocated Newman another $ 500 million in credit to pay off debts and paid $ 185 million as compensation. In total, about 14 thousand people work in WeWork. Due to the reductions, the company wants to increase profits, SoftBank Executive Director Marcelo Clare told employees. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.16% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | To invest in a country, it must comply with certain conditions. In a 2011 report, World Bank Group experts identified four important factors: the country's population, its environmental situation, relations, and the legislative framework. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/v9qvqtkrc5n31.jpg?width=750&format=pjpg&auto=webp&s=c2d1670c378cd0d5a1f6c553bcec3cd3f4d6c45f These factors play a role in investing in a country, considering its natural resources, markets, technologies, and brands. Based on this report, U.S. experts News & World Report Named Top Countries for Investment in 2019 To identify these countries, experts interviewed over 21 thousand people from 80 countries, using 65 different parameters that indicate factors such as cultural influence, business environment, and quality of life in the country. There are ten countries, which comply with the requirements: Chile. GDP: $ 277.1 billion. GDP growth: 4.0% The country's principal industry is mining (copper and other metals), Chile is the world's largest exporter of copper, which is mined and smelted by the national company CODELCO. Slovenia. GDP: $ 48.8 billion. GDP growth: 4.5% Of all the Slavic countries and countries with the former communist planned economy, Slovenia has the highest nominal GDP per capita and the second-highest PPP GDP after the Czech Republic per capita. Slovenia has a well-educated workforce and well-developed infrastructure. It is located at the crossroads of major transport routes. Vietnam. GDP: $ 223.9 billion. GDP growth: 7.1%. Vietnam is an agricultural country with an industrializing. The market is small. These are mostly small enterprises. The main industries: food, light, machine-building, mining, cement, chemical fertilizers, oil, etc. Qatar. GDP: $ 167.6 billion. GDP growth: 1.4% According to the IMF, Qatar, over the past few years is has been leading in a large margin in terms of GDP per capita. Qatar is the third-largest natural gas producer, the sixth exporter of natural gas and a significant exporter of oil and petroleum products. Poland. GDP: $ 524.5 billion. GDP growth: 5.1% The sixth-largest economy in the European Union and the largest among the former members of the eastern union and the new members of the European Union. As at 2019, the Polish economy has been growing steadily over the past 28 years, which is a record high in the EU. India. GDP: $ 2.6 trillion. GDP growth: 7.0% India, due to many English-speaking professionals, has become an outsourced destination for many multinational corporations and a popular destination for medical tourism. India has also become a significant exporter of software, as well as financial and technological services. Luxembourg. GDP: $ 62.4 billion. GDP growth: 2.6% Luxembourg is one of the richest countries in Europe with the highest standard of living. Because of favorable conditions and an offshore zone, about 1 thousand investment funds and more than 200 banks are located in the capital of the country, which is more than in any other city in the world. Costa Rica. GDP: $ 57.1 billion. GDP growth: 2.7% Costa Rica's economy is based on tourism, agriculture, and the production and export of electronics: microprocessors and medical devices. Foreign investors are attracted by political stability, workforce qualifications, and tax incentives. Saudi Arabia. GDP: $ 683.8 billion. GDP growth: 2.2% The economy of Saudi Arabia is based on the oil industry, which accounts for 45% of the country's gross domestic product. 75% of budget revenues and 90% of exports are came from product exports. Uruguay. GDP: $ 56.2 billion. GDP growth: 1.6% The economy of Uruguay is export-oriented, especially on livestock products, to a lesser extent - agriculture and fisheries. Livestock export is developed the breeding of meat breeds of cattle and woolly sheep. The main crops: wheat, rice, sugarcane, corn, oil flax, sunflower, forage grasses for livestock. Grapes and citrus fruits are also grown. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments.. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | The company leads to a unified standard for the quality of rooms and services in partner hotels and hostels and then exposes the premises at its facility. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/9xi6h3qtubr31.png?width=870&format=png&auto=webp&s=de211c698dbd06fc5949421e67858bbe83f02a16 One of the largest Indian startups, Oyo Hotels and Homes, plans to raise $ 1.5 billion at a new stage of financing. The company's valuation reached $ 10 billion, writes Bloomberg. After financing, the startup plans to expand its position in the US and Europe. The 25-year-old founder and CEO of the company, Rites Agarwal, said he would invest $ 700 million out of $ 1.5 billion, increasing his stake in the company. Current investors - SoftBank Group, Lightspeed Venture Partners, Sequoia India - will also take part in a new round of financing. This is the most significant investment phase for Oyo since opening in 2013. Before this, the startup attracted only about $ 1.7 billion. At the same time, the company received the bulk - $ 1 billion - in 2018. his material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.16% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | There are many billionaires who have achieved extraordinary success by themselves and know very well what it means to be very poor. submitted by Itrader_com to u/Itrader_com [link] [comments] Today ITRADER will talk about successful CEOs of American companies that were immigrants, but their success led to the success of American business. Sundar Pichai https://preview.redd.it/zbbmgkwnskg31.png?width=770&format=png&auto=webp&s=7ae6f7744511214c78648352bccc15128d304d68 Pichai was born in Chennai, (India). He received a bachelor's degree in technical sciences from the Indian Institute of Technology in Kharagpur in the field of metallurgy (Bachelor of Technology). He got a master's degree from Stanford University in materials science and engineering and an MBA from the Wharton School of Business. There he became the talented students Siebel Scholars and Palmer Scholar. Pichai switched to Google in 2004, where he led the management and innovation areas of Google's customer-oriented product lines, including Google Chrome and Chrome OS, and was primarily responsible for Google Drive. Elon Musk https://preview.redd.it/s8i9ucbqskg31.png?width=1024&format=png&auto=webp&s=9d4ebf9268a98b4d122f85bf5afd45dbf4bd40ef Elon Musk is a co-founder of PayPal. A founder, co-owner, CEO and chief engineer of SpaceX. Tesla CEO and ideological mastermind. He also served on the board of directors of SolarCity, a company founded by his cousins, before its merger with Tesla. Musk was born and raised in Pretoria (South Africa) in the family of engineer Errol Musk. Only in 1989 did he receive Canadian citizenship. In Canada, the future millionaire lived on $ 1 per day. Musk became a US citizen only in 2002. He received a bachelor's degree from the University of Pennsylvania. Then he entered Stanford University but did not finish his studies at Stanford. Sergey Brin https://preview.redd.it/yrlmljosskg31.png?width=800&format=png&auto=webp&s=e519daff849b492447261d8fd95b256f02f00158 Sergey Brin is an American entrepreneur and scientist in the field of computer technology, information technology, and economics, a billionaire (20th place in the world), the developer and founder (together with Larry Page) of the Google search engine. Lives in the city of Los Altos (California). Sergey Brin was born in Moscow into a Jewish family of mathematicians who moved to the United States for permanent residence in 1979 when he was five years old. Sergey Brin's parents are graduates of the Faculty of Mechanics and Mathematics of Moscow State University (1970 and 1971). His parents emigrated to the United States when Sergey was a child. He was six years old. You can find more information about the stock market, commodity market, and FOREX on the ITRADER site. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.16% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | Tea is the most popular drink in the world. In the U.S. alone, tea imports have grown by more than 400% since 1990. submitted by Itrader_com to u/Itrader_com [link] [comments] This drink has been favorite for a thousand years. It is believed that the use of tea originated in China, and tea was considered a medicinal drink. https://preview.redd.it/rp8sefvi5p731.jpg?width=1280&format=pjpg&auto=webp&s=685ff6b5dd2ce8505898cb0dd156bffcdc5d346e In the 17th century, tea began to be drunk in Great Britain, where it gained immense popularity, which persists. ITRADER will tell you about top tea producing countries: Kenya (439,857 tons) Unlike other tea producing countries, Kenya does not have large plantations. Almost 90% of tea is produced on small farms. Such a result is very high productivity because Kenya produces 439,857 tons of tea per year. To compete strongly for tea markets, Kenya has focused on innovation, research, and industry development. India (1,325,050 tons) India is the second largest tea producer in the world, with annual production reaching 1,325,050 tons. Commercial production of tea began in India after the British colonialists brought tea from China. Currently, India produces tea in large quantities. There are more than 1 billion consumers of tea in the country, while more than 70% of the tea produced is consumed domestically, and a smaller share is exported. China (2,473,443 tons) China is the largest tea producer in the world. Its share is about 30-35% of the total tea produced in the world. The number is not surprising, because China has a strong tradition of drinking and growing tea. According to legend, tea began to be consumed in China as early as 2737 B.C. This drink was considered healing, as well as used in various rituals. You can find more information about the stock market, commodity market, and FOREX on the ITRADER site. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | The Chinese company ByteDance, the owner of the social network TikTok, plans to launch a music streaming service which could become a competitor to Spotify and Apple Music. Bloomberg writes, citing sources familiar with the question. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/an7wqpimfxz21.png?width=1612&format=png&auto=webp&s=981c77381204f0d5e50ee21e4b571f8b899246b3 ByteDance is going to introduce a new application in the autumn of 2019. It will be launched mainly in poor countries where paid music services are not yet popular, the agency interlocutors say. According to sources, the new application will not completely copy Spotify or Apple Music. ByteDance has already received rights to two major Indian labels - T-Series and Times Music, the leaders of these companies said. According to TechCrunch, the application will include paid and free versions. It may be launched at the end of June 2019, sources say. As a key market for the new service ByteDance considers India, according to TechCrunch. ByteDance declined to comment. ByteDance was founded in 2012. In 2018, Bloomberg called the company the most expensive private start-up in the world with an estimate of $ 75 billion. The first application of the company was the Toutiao news aggregator. In 2016, TikTok was launched. As of the end of last year, the audience of the service in Russia, according to Mediascope, was 1.5 million people. You can find more information about the stock market on the ITRADER site. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | More than half a billion people just in China will pay for their purchases using mobile phones this year, according to research by Statista Digital Market Outlook. submitted by Itrader_com to u/Itrader_com [link] [comments] However, as noted in the study, the annual transaction cost per customer in China will be lower than in the United States, the United Kingdom, and France. Below ITRADER will tell about three countries that are leading in the world in mobile payments: 3rd place: Indonesia https://preview.redd.it/jjmh3wrndv331.jpg?width=852&format=pjpg&auto=webp&s=a3c3bb65c97c8d2b7e7c20ddb77d7cbcd3817d4c Dissemination: 15,9% Indonesia is currently experiencing a transformation of online commerce. The population of the region is passionate about the innovation of mobile devices and the expansion of their use. Therefore, it is not surprising that mobile payments or electronic wallets are considered the most popular payment method in the country. 2nd place: India https://preview.redd.it/7jv0aqwudv331.jpg?width=800&format=pjpg&auto=webp&s=7ed3e9899fb5fb3416a0288b7d96add07062adeb Dissemination: 29,5% The Unified Payment Interface (Unified Payment Interface) launched on April, designed for mobile devices. Now sending and receiving money will be as easy as sending an e-mail or SMS-message. The National Payment Corporation of India developed the project. Mobile payments will boost e-commerce and the spread of financial services. 1st place: China https://preview.redd.it/c8q7lzx1ev331.jpg?width=852&format=pjpg&auto=webp&s=c4eab679614d8572d4c1980ac1480e2360577bb4 Dissemination: 35,2% Mobile payments in China have become so commonplace that cash payment now seems something strange. The Chinese mobile payment market is dominated by two services - WeChat Pay and Alipay. Their active user base is in the hundreds of millions. Bank cards in China have not taken root as in the rest of the world. However, mobile payments in just a few years have become an integral part of life. You can find more information about the cryptocurrency, stock market, and FOREX on the ITRADER site. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | The largest social network Facebook can announce the launch of its own cryptocurrency in the third quarter of this year, reports Bloomberg, citing sources familiar with the situation. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/pz92vscr5zx21.jpg?width=696&format=pjpg&auto=webp&s=14818c8404f608ff13267da33615324939d5521b India will become the first country where the new stable coin will be tested by the company. By the way, ordinary payments are already being tested on the basis of WhatsApp Pay's Facebook service in the country. In addition, Bloomberg reported that the company attracts ex-employees of the payment giant PayPal to work on the project. Note, the blockchain division of Facebook is headed by former PayPal president David Marcus, who was also a member of the board of directors of the cryptocurrency company Coinbase. Marcus announced in a statement that he was “setting up a small group to explore how to best leverage blockchain across Facebook, starting from scratch.” At the moment, the team of this division consists of 50 people, but Facebook continues to actively search for blockchain specialists. “There is still a lack of clarity on what Facebook is going to do, but it looks like the long-term vision is creating a sort of marketplace model within Facebook,” said Harshita Rawat, a payments analyst at Sanford C. Bernstein&Co. Recall, the company itself has not yet made any official statements regarding the development of the stable coin. However, recently it became known that the initiative to create a coin on Facebook is called Project Libra, and a few days later the company acquired the Libra trademark. You can find more information about the stock market on the ITRADER site. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | Forbes counted 2153 billionaires in the world, estimating their combined state at $ 8.7 trillion in 2019. The number of billionaires and their total wealth declined by 55 people and $ 400 billion, respectively. However, for the owners of sports teams, the year was more successful, only six became poorer in the top 20 richest. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/rtsq6ximmrv21.jpg?width=600&format=pjpg&auto=webp&s=3fdda475d4ec670c114ce274837f7ecd750b49e5 ITRADER is going to tell you about the top 3 the richest owners of sports teams in 2019 referring to Forbes research. 1st place: Mukesh Ambani, India https://preview.redd.it/tkcrzvtnmrv21.jpg?width=712&format=pjpg&auto=webp&s=8fc83db861c8f4894a0980024f46c9fcbcb589ac №13 in the list of Forbes 2019 State $ 50 billion 61 years old Business Reliance Industries (petrochemistry, retail, telecommunications) Mumbai Indians team (cricket) Indians is one of the most successful teams in Indian cricket, which has won three times in the local Premier League but lost more than half of the matches in the 2018 season. However, the 2018th was very successful for Mukesh Ambani, who laid out $ 111.9 million for the cricket team franchise in Mumbai in 2008. Over the year, the state of Ambani, India’s richest man, has grown by $ 10 billion. 2nd place: Steve Ballmer, USA https://preview.redd.it/lwcetqermrv21.jpg?width=750&format=pjpg&auto=webp&s=e7910fc800c84ce11117c8952a0218aea43a28c8 №19 on the Forbes 2019 list State $ 41.2 billion 63 years old Microsoft business Team "Los Angeles Clippers" (basketball) Ballmer left the CEO position in 2014, but he retained most of the company's shares and did not lose. Shares have doubled, as has the state of a businessman over the past 4 years. The Los Angeles Clippers basketball team has risen a bit since then. Ballmer laid out 2 billion for the team in 2014 and it is estimated at 2,2 billion now. 3rd place: Alexey Mordashov https://preview.redd.it/fvrmrkeumrv21.jpg?width=1000&format=pjpg&auto=webp&s=896e5e0f7f9e1a58e317bfe7cb1beac8dce7c0c9 State $ 20.5 billion №48 on Forbes 2019 list 53 years old Business Severstal (metallurgy), TUI (tourism) Team Severstal Cherepovets (hockey) Severstal was planning to exclude from the KHL to the end of the 2017/18 season. However, the team reached the playoffs for the first time in 5 years and increased attendance (up to 3,773 spectators per game), thereby maintaining a place in the league and funding from the group Severstal. The bosses of the company will give the club a budget of 900 million rubles for the season if it remains in the KHL. You can find more information about the stock market on the ITRADER site. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | The Madras Supreme Court lifted the ban on TikTok video service in India after accepting the petition of the developer Bytedance, according to the Bloomberg publication. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/tnrp5b4w3sv21.jpg?width=1024&format=pjpg&auto=webp&s=12812c262dca7e66cff6a71da3cc648150112858 The court ordered TikTok to update the privacy policy, as well as to consider any content complaint within 36 hours. If the service does not fulfil these conditions, a case of contempt of court may be brought against it. Bytedance stated that the ban was an encroachment on the freedom of speech. The company estimated its losses due to a ban of $ 600 thousand per day. Recall, Google Play and the App Store blocked TikTok in India in April 2019. The application has been blocked due to suspicion of distributing child pornography and other illegal content. According to the company, TikTok has about 120 million active users in India. Past performance is not a reliable indicator of future results. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II). |
![]() | The second richest man in India, billionaire Azim Premji, who heads the technology company Wipro (WIT), has transferred his company's shares amounted to $ 7.5 billion for his charity fund, according to the CNN publication. submitted by Itrader_com to u/Itrader_com [link] [comments] https://preview.redd.it/qrpxxlco7wm21.jpg?width=1200&format=pjpg&auto=webp&s=f04657efe3e958ae575ff614a8fa75a2dddcea40 The tycoon has donated approximately $21 bn to the Azim Premji Foundation over the past few years. It should be noted that 73-year-old Premji has a wealth of more than $18 bn, according to the Bloomberg Billionaires Index. In addition, the businessman became first India`s citizen who had joined the Giving Pledge. ITrader recalls that it is campaign launched by Warren Buffett and Bill and Melinda Gates which aims to encourage billionaires around the world to give most of their wealth to charity. Interesting fact, Azim Premji was forced to drop out of Stanford and return to India to continue the matter of his father who died unexpectedly. The young man had to start without any experience. He received from his father a small fats and soap production firm. He realized in time that computer technology is the future. Also, the then authorities exiled American IBM and Indian businessman succeeded in successfully occupying a free niche. Kiran Mazumdar Shaw of Biocon spoke to NDTV about Mr. Premji's generosity. She said "Azim Premji is an exemplary philanthropist - someone who has inspired us and we are proud of what he has done. I think he is a true nation builder." "Philanthropy is not something new to our nation because India is a nation that is built through great philanthropy of Tatas, Birlas, and others. Among the next-generation entrepreneurs of India, I think, Azim Premji leads the way. He has taken philanthropy to the next level," she added. Currently, Wipro's field of activities includes medical technology, food, lighting, childcare facilities, and much more. At the same time, 80% of the company's revenue is secured by high technologies. You can find more information about stock market on ITrader site. Disclaimer: The past performance is not a guarantee of future results. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 89.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the company Full Risk Disclosure Statement. Legal Information: ITRADER is a trade name of Hoch Capital Ltd., registered as a Cyprus Investment Firm CIF and licensed by the Cyprus Securities and Exchange Commission CySEC under license number 198/13 in accordance with the Markets in Financial Instruments Directive MiFID II |
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I'm well aware that Forex trading is effectively outlawed by the reserve bank of India, but since it's legal to transfer foreign exchange for any asset, share, etc. - just curious where CFDs stand with respect to the law? Logically, CFDs have a guaranteed two-way quote, so they don't require deposits of "margin money" in some sense. How does CFD trading work? A contract for difference (CFD) is a type of trade that allows traders in India to speculate on asset price movements. Indians involved can take either a long position (the asset price will go up) or a short position (the asset price will go down) when purchasing CFDs. Meanwhile, you should note that CFD platforms are not legal in India. Thus from a broader perspective trading on leverage is not allowed in India. You as a trader should know your limits and act accordingly. Forex trading. in India as well as the biggest industry on the Reserve Bank of India, lifted thousands of people from trading in India is absolutely legal if carried out within the legal tender of the country. RBI must ease their limits in the coming period.. one can tell you. Essentially, India has made it illegal to trade legally. Forex trading in India effectively. only through Indian SEBI registered broker. Now, RBI claims the restrictions are there to prevent retail investors/traders from losing big time. However, Forex is the largest market in the world with over 5 trillion dollar worth of average daily trading volume.
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