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Views: 288774 public information معلومات عامه
Whether they're students or businesses, lots of people have to take out loans from the bank. For cheese farmers, there's a bank in Italy that will literally accept *cheese* as collateral for loans. This is the story of three men and millions of dollars worth of that proverbial cheddar. SUBSCRIBE: https://goo.gl/vR6Acb This story is a part of our Flavors series, where we do so much more than play with our food. Come with us as we dive into deliciously different and tastefully off-beat stories in the culinary world. Got a story idea for us? Shoot us an email at hey [at] GreatBigStory [dot] com Follow us behind the scenes on Instagram: http://goo.gl/2KABeX Make our acquaintance on Facebook: http://goo.gl/Vn0XIZ Give us a shout on Twitter: http://goo.gl/sY1GLY Come hang with us on Vimeo: http://goo.gl/T0OzjV Visit our world directly: http://www.greatbigstory.com
Views: 1065427 Great Big Story
Bank of Italy Official: Central Banks Not Ready to Issue Digital Currencies Central banks aren't ready – at least in the short-term – to handle the implications of launching wholly digital currencies, the deputy governor of the Bank of Italy said Thursday. Fabio Panetta delivered the keynote address for the SUERF and BAFFI CAREFIN Centre Conference held at Bocconi Universit... ► SUBSCRIBE FOR MORE VIDEOS: https://goo.gl/NYaHq2 ► Bitcoin News -Alt Coin news - coin telegraph - coindesk - coin market cap https://goo.gl/45UVFu ★★★ Thanks for watching! Please leave a like if you enjoyed and tell me what you think in the comments! Thanks ★★★
Views: 9 CoinKorea
Let's talk money in today's episode! In particular exchanging currencies and withdrawing cash abroad without the massive fees! It is a good idea to exchange a small amount of cash before you leave so you have some funds for taxi’s or a cheeky coffee at the airport. But don’t take too much cash, only enough to cover your first couple of days. Don’t carry anymore than you are willing to lose! Using ATM machines abroad can vary. Some countries will have next to zero ATM machines which will accept foreign cards, like Japan, which is why it’s good to have cash on you till you find somewhere to withdraw. Taking a travel card is a good idea which is where you pre-load money onto the card and spend it in different locations across the world. Some Travel Cards may freeze the exchange rate or have it flexible so you get the best exchange rate when you spend! Using your home bank card is a popular option but can incur some hefty fee’s. Here are some tips: If you need to withdraw cash then don’t take out $50 at a time. Cover yourself for a few days and try not to use EFTPOS machines! --------------------- Important stuff --------------------- Support me on Patreon: https://www.patreon.com/psychotraveller DON'T FORGET TO BECOME A LITTLE PSYCHO: http://goo.gl/GnWOIt --------------------- Social media is sexy --------------------- Facebook: http://goo.gl/K0u8pa Twitter: http://goo.gl/FsbWJR Pinterest: http://goo.gl/qgRD4v Instagram: http://goo.gl/abzups SnapChat: @PsychoTraveller My blog: http://goo.gl/5zP0dG Business email: psychotraveller22 at gmail dot com --------------------- What I Film My Videos With --------------------- GoPro Hero 4 Silver: http://goo.gl/9AE4Yu Sony A5100: http://goo.gl/Fo1DDY --------------------- Some Sexy Stuff Right Here!! --------------------- Get $30 off your first stay on Airbnb: https://www.airbnb.com.au/c/aford34?s=8 Get $10 off GoPro accessories with the code “PsychoTraveller” here: http://www.sandmarc.com/ (Above are affiliate codes/links which mean if you sign up/buy a product, at no extra cost to you, I make a little bit of money to help me maintain my channel and blog!)
Views: 54393 PsychoTraveller
http://www.woltersworld.com What is a euro? What does a euro look like? What are the Euro bills? What do the bills look like? This video helps answer a lot of the basic money questions that travelers to Europe may have. visit Europe, travel Europe, travel advice for Europe, Filmed in Obidos, Portugal Copyright Mark Wolters 2013
Views: 116302 Wolters World
Italy is the only country, alongside with Greece, that is poorer now than before having the EURO as their official currency. In fact, their economy has been stagnated for two decades and they are one of the biggest indebted economies, with a debt bigger than 130% of their GDP. Many European pundits call this country “the sick man in Europe”. Nevertheless, 20 years ago, Italy was one of the wealthiest economies on the planet. Their citizens were even richer than those from Great Britain and their industry was the second biggest in all across Europe. The entire world enjoyed the music of Eros Ramazzotti or Luciano Pavarotti, the Spaguetti Western movies and... well, the Rocco Siffredi movies too. Now those days are gone. This is why many Italian politicians suggest that leaving the Euro would be a solution to get back to the golden years of the Italian economy. But is it right? Is the Euro the problem in Italy? Why are they in such a big crisis? And why did Italy become so rich in the 80s and the 90s, despite the corruption, the red tape and the political unrest? In this video we will answer all of those questions. *ERRATUM Min 8.40: There is a mistake in the chart. It says "1 It LIRA = 400 DM" and "1 It. LIRA = 1300 DM". We meant it the other way around. I should say "1 DM = 400 It. LIRA" and 1 DM = 1300 It. LIRA". Sorry for the inconvenience. And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/ Other videos from VisualPolitik: Why is GERMANY such an INDUSTRIAL model?: https://www.youtube.com/watch?v=CAbcHMOwobg&t=7s Why is GERMANY growing more than JAPAN?: https://www.youtube.com/watch?v=vou96yLuWXw&t=25s Can MACRON save FRANCE from its CRISIS?: https://www.youtube.com/watch?v=jskeZMDsDhM&t=397s Interesting Links: Italian shadow economy: https://www.economist.com/news/finance-and-economics/21603073-italys-inclusion-illicit-activities-its-figures-excites-much-interest-sex The Italian Lira, the Exchange rate and employment: http://bruegel.org/2017/01/the-italian-lira-the-exchange-rate-and-employment-in-the-erm/ How mittlestand model could boost Italian SMEs: https://www.linkedin.com/pulse/how-mittelstand-model-could-boost-italian-smes-marzio-perrelli/ Italian red tape: http://www.theflorentine.net/news/2006/01/beyond-the-red-tape/ Italy needs to get rid of red tape: https://www.reuters.com/article/us-italy-bureaucracy/analysis-italy-needs-red-tape-bonfire-before-labor-reform-idUSBRE8320M420120403 Bushwick Tarantella is made by Kevin MacLeod and it us under a Creative Commons Attribution (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1300002 Artist: http://incompetech.com/
Views: 264949 VisualPolitik EN
How to Make an International Money Transfer // http://bit.ly/2EGUBer If you are sending money overseas, or making a wire transfer, using money transfer services can help you get a better exchange rate. They can help you send money online and make sure you can send money overseas as quickly as possible. 3 Minute Read - for more information read our 37 Practical Guides to Transferring Money Overseas: http://bit.ly/2yF3Ips ____________________________________________________________________ Subscribe here: http://bit.ly/2yrSi7B Facebook: https://www.facebook.com/TheCurrencyShop LinkedIn: https://www.linkedin.com/company/the-currency-shop/ Website: https://www.thecurrencyshop.com.au ____________________________________________________________________ Contact us: 1800 004 930 [email protected] ____________________________________________________________________
Views: 67313 The Currency Shop
Support My Work: https://www.patreon.com/themoneygps PayPal: https://goo.gl/L6VQg9 BitCoin/Tip.Me: http://themoneygps.tip.me Look In My Book!: http://book.themoneygps.com My Free eCourse to Unveil the TRUTH: http://themoneygps.com/freeecourse Tools You NEED to Prepare for the COLLAPSE: http://themoneygps.com/store ******************************************************************** Sources: Italians to pay three-quarters of bank bailout bill https://www.yahoo.com/news/italians-pay-three-quarters-bank-bailout-bill-220702581.html Italy Debt Tops 150% of GDP Without Underground, Illegal Economy - Bloomberg https://www.bloomberg.com/news/articles/2016-10-14/italy-debt-tops-150-of-gdp-without-underground-illegal-economy Italy antitrust chief urges EU to help beat fake news https://www.ft.com/content/e7280576-cddc-11e6-864f-20dcb35cede2 Ageing population: Why Spain’s population is shrinking by 72 people every day | In English | EL PAÍS http://elpais.com/elpais/2016/12/16/inenglish/1481895459_844168.html?id_externo_rsoc=TW_CC Egypt unpegs the Egyptian pound from US dollar - Business Insider http://www.businessinsider.com/egypt-unpegs-the-egyptian-pound-from-us-dollar-2016-11
Views: 9501 The Money GPS
Thanks for watching❤! SUBSCRIBE to receive more videos for free. Bank of Italy Official: Central Banks Not Ready to Issue Digital Currencies ▶ About copyright: If someone has a problem with any upload, please contact us and we will delete the video immediately. Thank you for your cooperation. If there is a problem related to content copyright, images... please contact us to resolve it. We will work together quickly and in the spirit of best cooperation. ▶ Make sure you do not re-upload the video (the video takes a lot of time). Any violation will result in termination of your account. ▶ Thank you and best regards
Views: 0 Coin News
20 years ago, on 1 January 1999, 11 EU countries striving for one common single market fixed their exchange rates, adopted a shared monetary policy under the European Central Bank, and launched a new common currency on world financial markets: the euro. Three years later, euro notes and coins entered into circulation. Today the euro is the currency of 19 EU countries, over 340 million EU citizens and the second most important currency in the world. Euro notes and coins are tangible, every day reminders of the freedom, convenience and opportunities that the European Union makes possible.The euro makes it easy to travel - The euro has eliminated currency exchange costs and fees, making it easier and cheaper to travel throughout the 19 countries of the euro area. More info: https://europa.eu/!PB46mc The video is available in all 24 official languages here: https://europa.eu/!gu87qg #EUROat20
Views: 121 European Commission
The Euro is a strange animal amont the currencies. It does not represent a single country but several of them instead: all the members of the so-called Eurozone. So different economies have made so many famous economist such as Milton Friedman or George Soros have severe concerns about the future of this currency. During the financial crisis of 2009, many suggested the possibility of two different euros: a strong one for the rich EU countries and a weaker one for the poor, southern ones. Nonetheless, far from having disappeared, the Euro is one of the most stable and most commonly used currencies in the world. 30% of the international trade is done with it. And the European Central Bank has demonstrated to be as responsible as the American Federal Reserve But… Could the EUR substitute the USD as a reserve currency? What are its advantages against other currencies like the Chinese Yuan? In this video, we will answer to all of this questions. Interesting links: https://www.imf.org/en/News/Articles/... https://www.scmp.com/news/china/econo... https://www.bloomberg.com/view/articl... Other videos at VisualPolitik Why is the DOLLAR the World’s reserve currency? https://www.youtube.com/watch?v=CQMiNu6FI4M&t=1s CHINA vs FRANCE: The battle for AFRICA? https://www.youtube.com/watch?v=rY8pCRSBd_o Is EU ending protectionism in AGRICULTURE? https://www.youtube.com/watch?v=vcE8VMe7r8Y Support us on Patreon! www.patreon.com/visualpolitik And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/
Views: 273190 VisualPolitik EN
LOOK THROUGH MY BOOKS!: http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 BITCOIN: 1MbAUXsHa8XRFMHjGurd7L5nRDYJYMQQmq ETHEREUM: 0xece0Dd6D0b4617A8D94cff634C64155bb1cD8C2C LITECOIN: LWh6fji4WrJT7FAbFvFSZ9jVNCgVM3dHod DASH: Xj9RXrvhXbaL3prMDvdzAxM8gDB2vDiZrh MONERO:47q5qDPkDBLRadwcSXDsri3PNniYRYY1HYAhidXWAg8xXHFFZHFi7i9GwwmZN9J5CJd8exT4WARpg2asCzkuoTmd3dfcXr6 ******************************************************************** STEEMIT: https://steemit.com/@themoneygps DTUBE: https://d.tube/c/themoneygps T-SHIRTS: http://themoneygps.com/store ******************************************************************** Sources Used in This Video: https://goo.gl/UpprQe
Views: 80479 The Money GPS
(15 Dec 2011) Rome, Italy 1. Mid of foreign exchange counter showing rates on board 2. Close of exchange rates showing 1.376 euros to the US dollar 3. Mid exterior of exchange bureau New York, US 4. SOUNDBITE: (English) Stephen Wood, Chief Market Strategist, Russell Investments: "In the US we've got our own issues as well, and the dollar is not overly strong. This is more an issue of the euro getting very weak due to political problems in Europe. But the US economy and the European economy, you know, they're not perfectly linked. Europe is close to if not in a recession right now, but we think the US avoids a recession. So there's going to be an imperfect relationship but this could benefit, to some small extent, European exports into the US." Rome, Italy 5. Wide of Colosseum 6. Actors dressed as gladiators in front of Colosseum, with tourists in foreground 7. Wide of tourists walking on ancient Roman ruins 8. SOUNDBITE: (English) Laura Callaghan, American student living in Rome: "I am here in Europe for a long time, so that does make me happy, because it will be cheaper. It will be good for me." 9. Wide of Spanish steps 10. SOUNDBITE: (English) Dan Waldman, tourist from San Francisco, visiting daughter who lives in Rome: "For tourists it's very good of course because more Americans will come here, they will spend more money here. So it's good for them but for Europeans it's not as good." 11. Tourist taking photograph 12. SOUNDBITE: (English) Gina Bublil Waldman, tourist from San Francisco, wife of Dan Waldman: "It is on the one hand good news, but very bad for the economy of Europe, because we don't wish that we should benefit from the economy of Europe going bad." 13. Wide of street with Christmas shoppers 14. Wide of Pantheon STORYLINE Signs of a global economic slowdown and stresses in Europe's financial system kept investors cautious on Thursday, keeping the euro near 11-month lows. Concerns over Europe's debt crisis are squeezing credit conditions for banks in the region. The fear that a bank might not be able to withstand losses on its holding of shaky government bonds makes the banks less inclined to lend to each other, as they normally do to fund their hugely expensive daily operations. Many banks are relying on cheap credit from the European Central Bank for that money, but in the meantime they are cutting down on lending to businesses and households. As a result, the real economy in Europe is sliding toward recession. Although the American dollar is not "overly strong", currency analyst Stephen Wood believes the relative weakness of the euro "could benefit, to some small extent, European exports into the US". American citizens living in Italy could benefit from the imbalance, as they can get more euros for their dollars. "I am here in Europe for a long time, so that does make me happy, because it will be cheaper," said Laura Callaghan, an American student living in Rome. Dan Waldman, an American tourist, said that with such a low exchange rate more Americans would be likely to travel to Europe "and they will spend more money here." "So it's good for them but for Europeans it's not as good," he added. Waldman's wife Gina Bublil Waldman, took a more altruistic approach. "We don't wish that we should benefit from the economy of Europe going bad," she said. The couple from San Francisco are visiting their daughter who lives in Rome. Italy had to pay higher interest rates in its last bond auction of the year on Wednesday. The longer the country's borrowing rates remain high, the bigger the financial burden will be. The higher rates reflect rising doubts that the country will be able to repay its debts. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/85afa77daa60041d070ad61c1d159be2 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 129 AP Archive
New Ebook : Banks,Dollars,War, Energy, Euro - World Predictions 2018 and 2019 : Foreign minister of China,Central bank of Argentina), Bank ofItaly, Bank of Japan, Bank of England, Bank of Russia,Idlib Syria, HSBC By Clairvoyant : Dimitrinka Staikova, Ivelina Staikova, Stoyanka Staikova Published : September 18, 2018 Ebook with more than 100 pages with Clairvoyant/Psychic predictions about Banks, Money, Finances, Politics and more World Predictions for year 2018 and 2019. Order your Ebook today, pay with PayPal and You will receive the PDF file in the next 24 hours with Email delivery. https://sites.google.com/site/dimitrinkastaikova/psychic-news Buy the Paperback book only from Amazon UK: https://www.amazon.co.uk/dp/1723813435 Table of Contents : 1. Wang Yi (State Councillor and Foreign minister of China) - Clairvoyant reading August 30, 2018 - by Clairvoyant House "Dimitrinka Staikova and daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna. 2. Luis Caputo (President of the Central bank of Argentina) - A court, Money : the Dollar - Peso rate for each month until the end of year 2018, Hyperinflation, New money, A revenge, Financial stabilization - when? New financial reforms - when? Clairvoyant predictions August 31, 2018 - for year 2018 and 2019 - by Clairvoyant House "Dimitrinka Staikova and daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna. 3. Ignazio Visco (Governor of Bank of Italy) - "All roads lead to Rome" - His health, Internal problems, Mafia war, Truce - when? A new business, Bankruptcies. When Italy will be in a heavy crisis? - Clairvoyant reading September 3, 2018 - by Clairvoyant House "Dimitrinka Staikova and daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna. 4. Haruhiko Kuroda (Governor of Bank of Japan) - Clairvoyant reading and World predictions to Japan 2018 - September 5, 2018 - by Clairvoyant House "Dimitrinka Staikova and daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna. 5. Mark Carney (Governor of the Bank of England) - A Gold Scandal, Political changes, Nationalist movement, A coup in the coup, Brexit, New contracts with the European union, Libya.... - Clairvoyant/Psychic predictions September 12, 2018, 3pm - by Clairvoyant House "Dimitrinka Staikova and daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna. 6. Elvira Nabiullina (Governor of the Central Bank of Russia) - Stages of stabilization of the Russian Ruble. The future of Russia and the World until January 2020 - Clairvoyant/Psychic predictions September 14, 2018, 10am - by Clairvoyant House "Dimitrinka Staikova and daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna. 7. UN Special Envoy for Syria - Staffan del Mistura - Hottest News Predictions about Idlib Syria - Clairvoyant/Psychic predictions September 15, 2018 - by Clairvoyant House "Dimitrinka Staikova and daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna. 8. UN Special Envoy for Syria Staffan de Mistura - Clairvoyant reading about Syria and Idlib September 15, 2018 - by Clairvoyant Stoyanka Staikova - part of Clairvoyant House "Dimitrinka Staikova and daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna. 9. Jerome Powell (Chairman of the Federal Reserve) - Is it possible to be avoided the surgery of thyroid gland? Contracts connected with war, Elections for Congress 2018, The Family and Trump Organization, Changes in the Police. A turbulent life filled with courage. The Elections for Congress 2018 - a failure for Trump, An internal coup in the Republican Party - Clairvoyant/Psychic predictions September 17, 2018, 10 am. - by Clairvoyant House "Dimitrinka Staikova and daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna. + Plus Our Ebook : Wars - Trade, Steel, Banks,Energy, Nuclear and energy from Antimatter - Clairvoyant/Psychic predictions: MH370, Benjamin Netanyahu - EastMed,Greece, Cyprus, Iran, Deutsche bank, HSBC bank, ThyssenKrupp , CERN and Xi Jinping - by Clairvoyant Dimitrinka Staikova Published - May 23, 2018 Clairvoyants : Dimitrinka Staikova, Ivelina Staikova, Stoyanka Staikova Plus our Ebook : Banks,Bankruptcies, Money, Finance, Politics – Year 2017 to year 2019 – Clairvoyant/Psychic predictions : J.P. Morgan Chase, Bank of England, Central Banks of Turkey, China, Russia, Qatar, Albania, The World Bank, The European Central Bank, OPEC… Clairvoyants : Dimitrinka Staikova, Ivelina Staikova, Stoyanka Staikova And more Hottest News Predictions by Clairvoyant House "Dimitrinka Staikova and Daughters Stoyanka and Ivelina Staikova" - from Europe, Bulgaria, Varna.
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Views: 167996 PH PLUS
Click here to join my bestselling udemy course for FREE https://www.udemy.com/entrepreneurs-entrepreneurship-tips-tricks-and-more/?couponCode=YOUTUBE%28FREE%29 Calculate live currency and foreign exchange rates with this free currency converter. XE claims to be the world's favorite currency site. As of early 2013, independent ranking site Alexa ranks XE in the top 500 of all sites worldwide by traffic, and a top 100 traffic site in Ireland, South Africa, and the UAE. Watch the video to find out the euro exchange rate today euro exchange rate today euro exchange exchange rate today Contact: Christos Pittis website: http://www.christospittis.com/ https://www.udemy.com/u/christospittis/ twitter: https://twitter.com/CPITTIS facebook page: https://www.facebook.com/christoscpittis email: [email protected] https://www.udemy.com/u/christospittis/ YouTube: https://www.youtube.com/channel/UClqulZeiMIfgPv_LirylA0g/videos
Views: 96698 Entrepreneurship pdf
LOOK THROUGH MY BOOKS! http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 OTHER: http://themoneygps.com/donate ————————————————————————————————— MY FAVORITE BOOKS: http://themoneygps.com/books ————————————————————————————————— AUDIOBOOK: http://themoneygps.com/store STEEMIT: https://steemit.com/@themoneygps T-SHIRTS: http://merch.themoneygps.com ————————————————————————————————— Sources Used in This Video: https://goo.gl/YpU9nm ————————————————————————————————— #money #stocks #invest
Views: 16857 The Money GPS
Greece is in a state of economic and financial crisis that's dominated global headlines this week. Vox's Matt Yglesias explains the real roots of the crisis. For our more on the Greek crisis: http://www.vox.com/cards/eurozone-crisis Subscribe to our channel! http://goo.gl/0bsAjO Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app. Check out our full video catalog: http://goo.gl/IZONyE Follow Vox on Twitter: http://goo.gl/XFrZ5H Or on Facebook: http://goo.gl/U2g06o
Views: 2339753 Vox
In some countries central bank planning to issue digital currencies. The concept of central bank-issued digital currencies or in short CBDC has attracted many governments across the world. Some of them have already rolled out their virtual currencies, some keep researching their economical impact. In this video I will explain why major governments choose to implement or deny this idea. ================================================= 💰Patreon: https://www.patreon.com/Aimstone 🚀Let’s connect on Steemit: https://steemit.com/@astakhiv92 =================================================== 💰Get a Coinbase Wallet! - https://www.coinbase.com/join/5a4bf25... Sign up! 💰Get a Binance Wallet! - https://www.binance.com/?ref=21867060 Sign up! =================================================== ★ Any donation is highly appreciated. 🔑 BTC Wallet Address: 16EtKHG2rwH2NqA4MniK4JRhzPyv5AeiER 🔑 ETH Wallet Address: 0x1db0fa9a379e46cb205a39a0766e30d3e3d0d11e 🔑 LTC Wallet Address: LRcmBavhskBURqmw1sujV5LS8WUPvfaNj8 =================================================== ➤ How Stock Market Crash Impacts BTC: https://www.youtube.com/watch?v=DgywPKKqbgw ➤ Cool things to buy with BTC: https://www.youtube.com/watch?v=cp6oYpy9l-Q ➤ Elon Musk Accepts Crypto: https://www.youtube.com/watch?v=H2nwZdAs8Xg ==================================================== Thank you so much for watching! ====================================================
Views: 2703 Aimstone
Nicolas Véron says Italy’s banking problems have been simmering for quite some time and that fears associated with Brexit and controversial efforts by the Italian authorities to rescue domestic banks have further complicated the issue.
Views: 6935 PetersonInstitute
http://www.theforexnittygritty.com/forex/promising-italian-debt-auction - Promising Italian Debt Auction The servicing costs for Italian debt just went down after a promising Italian debt auction. Just last month Italy had to offer over six percent interest in order to sell bonds to refinance its debt. This month the rate fell to five and a half percent. European Central Bank loans were believed to be largely responsible for the promising Italian debt auction. At the time of a Moody downgrade of European national debt ratings the European Central Bank issued half a billion Euros worth of loans to banks on the continent. Some of this increase in liquidity was apparently responsible for the fall in interested rates from the last Italian bond auction. Italy sold €3.75 billion worth of ten year bonds. Sale of all bonds came to €6.25 billion. The promising Italian debt auction is good news for the European Union and for the Euro. Last fall many wondered if Italy would follow Greece into default and cause in irreparable rupture of the fabric of the European Union itself. Stabilization of the debt picture in Italy as well as the rest of the so called PIIGS group (Portugal, Italy, Ireland, Greece, and Spain) could bode well for a stronger European economy and a stronger Euro. As Italy continues to refinance its debt, Forex traders will watch to see if it is able to convert more and more of its debt to longer terms. Other issues for those wishing to trade the Euro will be a continued low European Central Bank rate. The European Central Bank seems to be following the lead of the United States Federal Reserve by purchasing government notes. This serves to drive down interest rates and in turn provides a necessary economic stimulus. Over the long haul the effect of printing money to buy bonds, stimulate the economy, and pay off national debts may have the effect of driving the value of the Euro downward. However, currencies are traded in pairs and if everyone else is using the same strategy the Euro may not suffer. The Euro, dollar, Yuan, pound, and other currencies may fall versus commodities but not versus one another. Another issue that looms over the promising Italian debt auction in Europe is fiscal austerity that countries across the continent are adopting in order to manage their debt burdens. Many believe that the end result of too much belt tightening will be a recession in the coming year or two. There are those who believe that a Euro Zone debt resolution will only come paired with a recession. However, a cheaper Euro will make European products more competitive on the world stage. Stronger exports by Europe could be the ticket to an economic recovery. Certainly exports have been the answer for economic growth across Asia. A promising Italian debt auction could be just the beginning of a fall and then long term recovery of the Euro. As always we are not suggesting that Forex traders trade the Euro or ignore the currency in trading. We offer this dissertation as an example of thinking through the factors that drive currency rates. http://www.youtube.com/watch?v=FtSYCyHYNGs
Views: 49 ForexConspiracy
UBS in settlement talks with SEC over mortgage bond deal (Reuters) - UBS AG is in talks with the Securities and Exchange Commission to settle allegations the bank defrauded investors in a mortgage bond deal that soured during the financial crisis, the Wall Street Journal reported, citing people familiar with the matter. The SEC's investigation focuses on allegations UBS defrauded investors in the sale of more than $748 million in notes tied to a collateralized debt obligation the bank created in 2007, the paper reported. ... http://news.yahoo.com/ubs-settlement-talks-sec-over-mortgage-bond-deal-145104336--sector.html Bank of Italy warns political impasse dents economic recovery Italy's political stalemate and renewed financial market turbulence could undermine the country's recovery from its longest recession in two decades, a Bank of Italy official said on Saturday. Italian ... http://us.rd.yahoo.com/finance/news/rss/story/SIG=14m7s68nn/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12j3np6af/*http%3A//finance.yahoo.com/news/bank-italy-warns-political-impasse-124001953.html?l=1 FAA says will close 149 control towers to meet budget cuts WASHINGTON (Reuters) - The Federal Aviation Administration on Friday said it will close 149 air traffic control towers effective April 7 to meet required automatic spending cuts. http://feeds.reuters.com/~r/Reuters/domesticNews/~3/9Bu2i94Whys/story01.htm Julius Genachowski, FCC Chairman, To Step Down NEW YORK — The chairman of the Federal Communications Commission, Julius Genachowski, on Friday announced his resignation in the "coming weeks." The country's top telecommunications regulator told a staff meeting of his decision Friday morning. http://www.huffingtonpost.com/2013/03/22/julius-genachowski-fcc-stepping-down_n_2932543.html http://www.wochit.com
Views: 23 Wochit Business
Learn How To Use Crypto Currencies Join The Crypto School Watch Crypto Traders Trade http://x22reportschool.com X22 Report Is An Affiliate Of The Crypto School w/ Remain Calm LLC Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rnp-CySclyhxyjA4f14WQ Join the X22 Report On Steemit: https://steemit.com/@x22report Get economic collapse news throughout the day visit http://x22report.com Report date: 06.07.2018 Coinbase acquires a financial services firm, it plans to become SEC-regulated broker dealer, all transactions will be reported to the government. Putin says that US trade tariffs are hidden sanctions on countries. Italy was working on a plan to have parallel currencies with the Euro, the plan still might be moving forward but in a different way and other countries might follow. If this happens the Euro is doomed. All source links to the report can be found on the x22report.com site. Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Video Music: YouTube Free Music: Cataclysmic Molten Core by Jingle Punks Intro Music: YouTube Free Music: Warrior Strife by Jingle Punks Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo. The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence before making any significant investing decisions.
Views: 26783 X22Report
Josh Sigurdson talks with author and economic analyst John Sneisen about the 20th birthday of the Euro. On January 1st, 1999 the Euro was implemented and enforced. The currency has since shown itself to be like any other fiat currency. Worthless. In the past 20 years, the Euro has lost a vast amount of its purchasing power and while many countries use the terrible note, its relevance is dwindling. As Britain voted to leave the EU with the historic Brexit vote, there will be another vote coming up in March. Isn't it interesting that if the establishment doesn't get what they want, they'll just do it over and over again until they benefit. If the Euro falls, most believe that the country will fall too. They forget the power of free market competing currencies and how they've prevailed over time. No debt servitude. No enforcement of legal tender laws. On top of that, we constantly hear about the dollar or krone or peso or euro doing better than another currency. No, they're all rapidly devaluing. Some are just devaluing faster than others. It's a race to the bottom as we've seen with all fiat currencies throughout history going back nearly 1,000 years to 1024 AD in China. When will people learn? As stock markets crumble around the world and the everything bubble pops... As the Dax in Germany sees its worst annual decline in 10 years and Deutsche Bank gets ready to crash completely... As currencies devalue into nothing throughout the world, we must decentralize everything. We must rule ourselves. We must be independent, self sustainable and most importantly, responsible. Freedom and responsibility are hand in hand. You cannot have one without the other. There are solutions, but it takes you as an individual breaking outside of that system before it is completely desecrated and you end up on the street. Stay tuned as we continue to cover this issue closely! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU Buy Stefan Aarnio's NEW book 'Hard Times Create Strong Men' here: http://stefanaarnio.com/strongmenjosh https://anarchapulco.com/buy-your-tickets/ Use Promo Code: wam to save on your tickets! World Alternative Media 2018 "Find the truth, be the change!"
Views: 24397 World Alternative Media
T/I 10:54:23 STORY: LIRA LOCATION: BRUSSELS, BELGIUM DATE: 24 NOVEMBER 1996 DURATION: 2.01 Italians rejoin Europe's exchange-rate controls EU finance ministers agreed in Brussels on Sunday night (24/11) that the Italian lira will re-enter the European exchange rate mechanism (ERM) on Monday at a central rate of 990 lira to the German mark. The lira's return was agreed at the price of Italy accepting a reference exchange rate well above both its current market level value and the rate that the country's major exporters would have liked. The Italian government wanted an exchange rate against the German mark at or above 1,000. In a statement after agreement had been reached, EU finance ministers and central bank governors said they "warmly welcome the resumption of the lira's full participation in the Exchange Rate Mechanism." They also congratulated the Italian authorities on adjustments made to the country's economy to allow its re-entry into the ERM. EU finance ministers flew to Brussels for crisis talks on Sunday and the final decision emerged only two hours before trading resumed on the Tokyo money markets. German Bundesbank President Hans Tietmeyer warned against reading too much into the lira's ERM entry however, insisting that Italy would also have to fully meet the tough standards on budget deficits and public debt required by the EU's Maastricht Treaty. Currencies within the ERM are allowed to fluctuate 15 percent either side of their central rate. The lira's return to the system comes four years after the "Black Wednesday" currency crisis in which massive speculation forced both the Italian currency and the British pound out of the ERM. SHOWS: BRUSSELS, BELGIUM 24/11 Exterior of conference hall; SOT Italian finance minister Champi announcing agreement for re-entry to the ERM, and saying that Italy is very happy with the agreement; Head of German Bundesbank president Hans Tietmeyer getting up and leaving meeting and saying it is over, we are leaving; SOT French finance minister Jean Arthuis that it was important to find an acceptable and balanced agreement on the lira's re-entry to the ERM, that Italy had already made much progress with stability (of its currency) over the past few years. 2.01 You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/e05e225dd2f02711b9828977c65eda10 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 50 AP Archive
CERIS sample course "The euro crisis" delivered by Jean Arthur Régibeau (Diplomatic Advisor of the Belgian Prime Minister, former GD Belgian Ministry of Foreign Affairs)
Views: 403 CERIS-Official
Destabilization around the world is showing signs with global currencies “collapsing,” said Gerald Celente, publisher of the Trends Journal. “It’s beyond Italy. It’s going on in all the emerging markets and the developed nations,” Celente told Kitco News. Celente said that the new Italian government is reflective of the broader anti-establishment sentiment in Europe, with Brexit being a leading example. “This could be the beginning of the end of the euro. If that happens, because of what’s going on in Italy, you’re going to see destabilization everywhere,” he said. On gold, Celente said that the yellow metal needs to hit at least $1,450 an ounce before upward momentum can be seen. “Gold has to break above $1,450 an ounce, and then at that time we see a spike to $2,000 and above,” he said. __ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs Twitter - https://twitter.com/kitconewsnow Google+: https://plus.google.com/u/0/116266490328854474588 StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today-usa/ Live silver price and charts: http://www.kitco.com/silver-price-today-usa/ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Views: 24329 Kitco NEWS
So here it is people. Part 1 of my currency collection. In this video I show you the foreign bank notes I've collected throughout the years. In the next video I will show you the coins that my wife and I have collected! Exchange rate to USD included. Foreign Bank Notes in this video: Bolivian Bolivianos, Brazilian Real, Canadian Dollar, Chinese Renminbi Yuan, Chinese Wu Jiao, Chinese Yi Yuan, Danish Krone, European Euro, Haitian Gourde, Hong Kong Dollar, Hungarian Forint, Icelandic Krona, Indonesia Rupiah, Italian Lira, Jamaican Dollar, Japanese Yen, Mexican Peso, Mongolian Tögrög (Tugrik), Nigerian Naira, Swedish Krona, Philippine Piso, Polish Zloty, Singapore Dollar, South Korean Won, Norwegian Krone, Turkish Lira and the British Pound (United Kingdom) Pound. Social Media: ► Instagram: https://www.instagram.com/eliterb28/ ► Snapchat: www.snapchat.com/add/eliterb28
Views: 25668 The Angry Spud
http://www.globalchange.com Euro crisis in Greece. Monetary union constraints in high inflation or deflation. Role of European Central Bank in balancing needs of high growth and low growth economies. Impact on pound sterling and dollar exchange rates, and banking solvency. Regulation, capital adequacy, capital flight, run on banks, collapse of banking system. IMF rescue loans, European Central Bank financial support (ECB) and impact on Euro zone interest rates. Contrasts between Ireland, Greece, Portugal, Spain, Germany, France, Italy and countries which more recently joined. Loss of sovereignty to Brussels. Political issues in controlling budget deficits or imposing budget cuts on an unwilling nation. Political unrest and threat of strikes or instability. Challenges for the future. Comment by Futurist conference keynote speaker and author Patrick Dixon at London Stock Exchange UK Trade and Investment - Nordic Business Awards. European Union trends.
Views: 5119 Futurist Keynote Speaker Patrick Dixon - FUTURE
🔥Certified Forex & Binary Options Broker🔥 with Unlimited $1000 Practice Account! +💵 Trade CFD, Digital Options & Crypto with Profit up to 900%^ ➡ http://bit.ly/2xGlb1U THIS VIDEO IS NOT INVESTMENT ADVICE. General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose ^In case of successful trade on Digital options Binary and Digital options are prohibited in EEA Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money Open market currency rates in pakistan 2/24/2018. No need to scroll through endless lists - setup your personal currency list and have all important currencies at first glance... Open market currency rates in pakistan.Or aaj is video main aap se currency rates baat ki gai hai. 19-09-2018 open market currency exchange rates in pakistan | currency exchange rates | forex. Find currency rates in pakistan. 18) open market currency exchange rates in pakistan | currency exchange rates | forex. Watch the video to learn how to find currency rates today...Also find daily live and updated open market currency exchange rates. Open market currency exchange rates of us$ dollar.Currency exchange rates in pakistan (18. Open market currency rates in pakistan 1/9/2018.Open market currency rates in pakistan 2/24/2018.On this platform of currency exchange rates you can find some major international forex rates such as; euro (€ -eur) rates british pound rates (£-gbp) uae dirham rates (dh-aed) saudi riyal rates (riyal – sar) chinese yuan rates canadian dollar rates (cad) australian dollar rates (aud) qatari riyal rates (qar) malaysian ringgit rates (myr) hong kong dollar rates (hkd) and singapore dollar rates (sgd) respectively. Currency exchange rates all world hindi urdu# kese pata kare ret.Add and calculate all currencies in real time in excel sheet also update currency.... Convert open market currency rates in pakistan online with ease.Check out for the latest open market currency exchange rates in pakistan with the rest of the world exchange rates for instance: usd $ dollar rates (€ -eur) euro rates (£-gbp) british pound rates (aed) uae dirham rates and (riyal – sar) saudi riyal rates (cny) chinese yuan rates in pakistan...Individuals or investors may also find currency exchange rates archives or history and also up to date from today's open market currency exchange rates dollar rates forex articles & graphs for major cities of pakistan such as; open market currency rates in karachi exchange rates of pakistan in lahore money exchange..How to check any time currency rates for send to any country / urdu / hindi. Visit to learn more about mauritian currency and the latest exchange rates... Open market currency rates in pakistan 1/9/2018.
Views: 10 Options FX 2018
वे देश जिनकी करेंसी के मुकाबले भारतीय रुपया है मजबूत Today Update about Indian currency For More Video क्या आप जानते है काँच मिट्टी से बनता है/काँच या शीशा कैसे बनाया जाता है https://www.youtube.com/watch?v=_TwedO72AUw चीन की विशाल दीवार का इतिहास और किस्से/China Great Wall History https://www.youtube.com/watch?v=N7ySTn4eOT0 दुनिया के वो अजूबे जो नष्ट हो चुके है/7 Wonders of the World 2017 in Hindi https://www.youtube.com/watch?v=S-t5hdC5YnI पूरी दुनिया खोज रही है इन रहस्यो को जानने के लिए देखिये यह विडियो/mysterious world in hindihttps://www.youtube.com/watch?v=-RzLYeufuKg अद्धभुत आकाशगंगा /Mysterious Galaxyhttps://www.youtube.com/watch?v=017-FExOYNQ ऐसा देश जिसे अमेरिका द्वारा पैसे देकर खरीदा गया https://www.youtube.com/watch?v=M_qTsVBgJOE धरती के अजीबो गरीब पहलू /रहस्यमय पृथ्वी / Mysterious earth facts in Hindi https://www.youtube.com/watch?v=h_-0YWUM1yw
Views: 1180324 Sab-Kuch Knowledge
European Central Bank Conference on Monetary Policy: bridging science and practice, 29-30 October 2018
Views: 642 European Central Bank
indian currency value in other countries || unknown facts about indian currency || Unknown Facts Telugu
Views: 872627 Unknown Facts Telugu
http://www.forex-trading-system-software.com Currency Connect Trading, Inc. Local forex currency exchange currency converter fx in Rome Italy Currency Connect is uniquely positioned in training Forex to tomorrow's entrepreneurs in how to capitalize on the some of the greatest market movements of our life time. Join us in finding out more about the recession proof Forex market and how you can participate. Free Webinars, Demo Trading Accounts, and Forex Tutorial Videos Online!!! foreign exchange quotes Rome Italy , exchange rate Rome Italy , forex trading system Rome Italy , forex trading strategies Rome Italy , currency exchange Rome Italy , learn forex Rome Italy , xe currency converter Rome Italy , forex trading software Rome Italy , forex trading strategies Rome Italy , forex trading systems Rome Italy , exchange rate calculator Rome Italy , forex course Rome Italy , forex education Rome Italy , currency convertor Rome Italy , forex trading Rome Italy , forex training Rome Italy , foreign currency trading Rome Italy , fx Rome Italy , currencies Rome Italy , forex Rome Italy , forex trading platform Rome Italy , currency converter Rome Italy , currency trading Rome Italy , fx trading Rome Italy , forex day trading system Rome Italy , forex currency trading Rome Italy , exchange rates Rome Italy , forex trading online Rome Italy , forex software Rome Italy , forex currency trading system Rome Italy . Local Search Engine Optimization vbl-seo.com
Views: 125 forextradingsystemfx
LOOK THROUGH MY BOOKS!: http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 BITCOIN: 1MbAUXsHa8XRFMHjGurd7L5nRDYJYMQQmq ETHEREUM: 0xece0Dd6D0b4617A8D94cff634C64155bb1cD8C2C LITECOIN: LWh6fji4WrJT7FAbFvFSZ9jVNCgVM3dHod DASH: Xj9RXrvhXbaL3prMDvdzAxM8gDB2vDiZrh MONERO:47q5qDPkDBLRadwcSXDsri3PNniYRYY1HYAhidXWAg8xXHFFZHFi7i9GwwmZN9J5CJd8exT4WARpg2asCzkuoTmd3dfcXr6 ******************************************************************** STEEMIT: https://steemit.com/@themoneygps DTUBE: https://d.tube/#!/c/themoneygps T-SHIRTS: http://themoneygps.com/store ******************************************************************** MY FAVORITE BOOKS: http://themoneygps.com/books
Views: 767779 The Money GPS
The US traded in the positive territory but had trouble with moving much higher. The minutes of the last meeting of American central bank was not very positive for the USD because the central bank wasn’t in a hurry to raise rates. If we look at the chart of the US dollar index, you will see that there’s resistance at 94.13 – 38.2% Fibonacci retracement of 2017-2018 decline. US President Donald Trump canceled a summit with North Korean leader Kim Jong Un. This can have a negative impact on relations between the United States and China. Bad news for market’s risk sentiment, although the situation improved a bit after North Korea said it was still open to resolving issues with the United States. The last trading week of May will be lively. The Bank of Canada will meet on Wednesday. Analysts expect the regulator to keep rates unchanged but make 2 rate hikes in the second half of the year. Canada will also release GDP on Thursday, while Australia will publish private capital expenditure figures. Friday will bring Britain’s manufacturing PMI as well as US Nonfarm Payrolls – a release which usually causes great moves of the market. Oil fell as could pump more stimulus into Britain’s economy if this year’s Brexit negotiations result in a bad deal. Have a look at the chart of WTI – it fell to the middle of the channel and may get even lower – to $66 a barrel. The decline of the euro continued. Italy’s debt outlook weighed on sentiment and German PMI data fell to a 20-month low in May. Accounts of the last meeting of the European Central Bank showed that it is worried. A close below 1.1680 will bring EUR/USD to 1.1590, 1.1550 and 1.1435. Various concerns may drive EUR/CHF lower, to 1.1475 and 1.1400. Worries over Brexit and further signs of weakness in Britain’s economy hit the pound. GBP/USD left its previous range and made a move down. The country’s GDP rose only by 0.1% in the first 3 months of the year. This is a very low growth. Bank of England’s Governor Mark Carney said that the Brexit vote has cost each UK household 900 pounds and that could pump more stimulus into Britain’s economy. As a result, our forecast for the British currency is negative. A fall below 1.33 will open the way down to 1.3250 and 1.3180. https://fbs.com/
Views: 425 FBS Analytics & Education
1. Street scene 2. Tilt down exterior of Barclays Bank 3. Mid shot of people counting money 4. Close-up of new bank notes on table 5. Mid shot of bundles of old bank notes on table 6. Close-up of man flicking through wad of new money 7. Screen of automatic teller machine (ATM) 8. Poster in window advertising new notes, with security in foreground 9. Wide shot of ATMs with security guard 10. Street scene 11. Exterior of Reserve Bank of Zimbabwe 12. People queuing near ATMs 13. ATM 14. Bank signs in street 15. Set-up of Shakeman Mugari, senior business reporter, Simababwe Independent: 16. SOUNDBITE (English) Shakeman Mugari, Senior business reporter, Simababwe Independent: "Basically on the impact, there is really no impact, there is at least no impact on inflation which is the basic reason why it should have been introduced. So really the problem is still there. The people of Zimbabwe are still suffering, there is still inflation, prices are going up, conditions are worse." 17. Cutaway 18. SOUNDBITE (English) Shakeman Mugari, Senior business reporter, Simababwe Independent: "But the point is that in Zimbabwe people took advantage, especially the wholesalers, retailers, shops, traders took advantage of the situation and upped their prices immediately after the revaluation of the currency, which means that people are in a worse-off position. Whilst there is convenience, they are in a worse off position than they were before. That means prices have gone up as people take advantage of the currency revaluation." 19. Various of people buying bread in supermarket 20. Shelf with two loaves of bread on it STORYLINE: Zimbabwe's old bank notes were on the verge of expiring on Friday, leading to panic at banks as citizens tried to trade in old cash for new, and at supermarkets as they tried to use up hoarded bills. Under the changeover rules, individuals are permitted to exchange a limit of 100 million old Zimbabwe dollars (US$40) - which become obsolete Sunday - for new currency in a single transaction. Those attempting to exchange more than 100 (m) million Zimbabwe dollars or those found with more are required to prove they earned or received the money legally. Police across Zimbabwe manned roadblocks Wednesday, searching cars for caches of cash. Last month, the central bank struck three zeros from the currency and issued new denominations to ease accounting difficulties - regular electronic calculators had become almost useless as inflation hovered around 1,000 percent - and to eradicate the need to carry large bundles of notes for routine purchases. The government also argues the change will help it stamp out cash hoards used in illegal currency deals. But Shakeman Mugari, a senior business reporter for the Simababwe Independent, said there would be little impact, particularly on inflation, and the problem would remain. "The people of Zimbabwe are still suffering, there is still inflation, prices are going up, conditions are worse," Mugari said. Mugari pointed out that Zimbabweans, particularly those in the wholesale and retail sector, increased their prices immediately after the currency revaluation. Zimbabwe's economy is in a state of collapse, with high unemployment, shortages of food, gasoline and most basic products and an inflation rate nearing 1,000 percent. Banks said they were under increasing pressure on Wednesday from lines of panicked customers who were demanding an extension to Sunday's deadline in fear of being left with large amounts of obsolete currency. Stores and supermarkets reported bulk buying of goods and disputes erupting at checkouts over change being paid in old money when supplies of new money were exhausted. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/b0708e58d5bc800e2097c4b13101f02b Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 324 AP Archive
Oct.03 -- 10 of the 22 central banks monitored in Bloomberg Economics’ quarterly outlook raised interest rates since the start of July and seven are predicted to do so again before the end of this year. Bloomberg's Simon Kennedy and JPMorgan's Nandini Ramakrishnan discuss the global central banking picture on "Bloomberg Markets: European Open."
Views: 1852 Bloomberg Markets and Finance
The European Commission has taken the first steps in fining Italy over its national budget, saying it deviates from the European Union's fiscal rules and commitments made by the previous government. The move comes as Italy, which received a European Commission request to adjust its 2019 budget to meet EU parameters, refused to make any substantial changes. The fear is that the row could escalate into a debt crisis that would hurt the bloc. "We're already seeing indications from the European Commission that they're not prepared to tolerate what are some fairly ambitious growth targets from the Italian government and a budget deficit, that this point in the cycle, is not consistent with getting their debt burden, which is about 130 percent of GDP, under control," explains Simon French, chief economist at Panmure Gordon & Co. "So what the European Commission's going to do is get the Italian government to come in with more realistic expectations of what can be done over the near-term in terms of fiscal stimulus but also balancing the long-term sustainability of their finances." It won't escalate into a wider debt crisis for the bloc, says French, "as the contagion risk around the eurozone is fairly limited, particularly with the European Central Bank still in its bond-buying programme. The issue is much more idiosyncratic to Italy rather than the presenting a structural risk of the type that we saw in 2011-2012." Being a member of the eurozone remains very popular among the Italian electorate ... But what they're uncomfortable with is the obligations that come with the privilege of being in the eurozone. Simon French, chief economist, Panmure Gordon & Co. According to French, Italy's an example of "a slow-burning crisis of what I would describe as democratic legitimacy of the eurozone project in Italy. Being a member of the euro remains very popular amongst the Italian electrocate - two-thirds still support ongoing membership. But what they're uncomfortable with is the obligations that come with the privalege of being in the eurozone." "The obligations are to be relatively austere in terms of their fiscal outlook and something that successive Italian governments have been fairly poor at doing. They've run an average deficit of 3 percent of GDP over the last 20 years. So to be asked to pair that back at this time towards 2 percent, at the same point as they've elected a coalition government who are wanting to be much more expansionary - comes with its democratic challenges rather than its financial challenges." "The problem is that having gone down the road of the last 20 years of eurozone membership with the economic policy prescription we've had, Italian growth has been less than 1 percent over the 20 year period. That's simply unsustainable." "What you need to see to break this impasse is the Italian government saying 'look we want to be more expansionary on the fiscal side, but we're also going to do a lot more on the structural reform side to raise the trend rate of growth in Italy', because ultimately that's what all sides of the discussion want to see." Cryptocurrencies sell-off This time 12 months ago, bitcoin mania was all around. But the crypto hype hasn't been matching reality lately. Bitcoin is down around 75 percent from its all-time high of nearly $20,000, depending on what exchange you are looking at. The other major digital coins are also feeling the pain. The sell-off is being blamed on regulatory pressure. As part of a bigger government crackdown on fraud in the digital currency industry, the US Justice Department is reportedly investigating whether last year's 1,500-percent bitcoin rally was due to manipulation. The securities and exchange commission also announced its first civil penalties this month against crypto founders who failed to register new coin offerings. Digital assets have now lost almost $700bn of market value since cryptomania peaked in January. While the value of cryptocurrencies has fluctuated over the years, "there's a growing acceptance and acknowledgement not just by technologists but also regulators that blockchain technology and cryptocurrency are very much part of the future architecture of our financial system," says Garrick Hileman, economist at the London School of Economics and head of research at blockchain.com. Regarding speculation of market manipulation last year, "academics and others looking at trades on certain exchanges that do look suspicious, I think there's a big question mark around that and there's questions around how much trading volume is real, how much is spoofed or is wash-trading." More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljazeera.com/countingthecost/ - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 5529 Al Jazeera English
LOOK THROUGH MY BOOKS! http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 OTHER: http://themoneygps.com/donate ————————————————————————————————— MY FAVORITE BOOKS: http://themoneygps.com/books ————————————————————————————————— AUDIOBOOK: http://themoneygps.com/store STEEMIT: https://steemit.com/@themoneygps T-SHIRTS: http://themoneygps.com/store ————————————————————————————————— ℹ️Sources Used in This Video ℹ️ https://goo.gl/UpprQe ————————————————————————————————— #turkey #italy #debt
Views: 16713 The Money GPS
The European traders are waiting for two major events for the euro and the pound. Their outcome will shape the further dynamics of these currencies. The most popular currency pair is approaching the level of 1.1600 gradually. EUR/USD pares gains as market participants are not expecting any groundbreaking changes from the ECB officials. On the back of political instability in Italy and intention of some European countries to gain trade independence from the United States, the ECB will likely refrain from adjusting its monetary policy. However, traders hope that the bank will announce the timing of tapering the quantitative easing program. As for the Bank of England, it is also expected to maintain status quo, bearing in mind that the interest rate has already been raised to 0.75%. Moreover, Brexit influences not only the exchange rate of the pound sterling, but also the monetary policy of the Bank of England. Unlike the euro, the British pound remains attractive to investors. The GBP/USD pair was trading near the level of 1.3060. The upcoming publication of the inflation data from the United States is also quite important as it has a major impact on the investor sentiment. https://www.instaforex.com FX Analytics - https://www.instaforex.com/forex_analytics Forex Calendar - https://www.instaforex.com/forex_calendar Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv Forex charts - https://www.instaforex.com/charts Instant account opening - https://www.instaforex.com/fast_open_live_account Forex Trading Contests - https://www.instaforex.com/forex_contests List of official InstaForex blogs: https://www.facebook.com/instaforex https://www.instagram.com/instaforex/ https://twitter.com/InstaForex #eur #gbp #forex_news
Views: 331 InstaForex
The European Central bank has cut its growth and inflation forecasts for the eurozone at its latest policy meeting. The news sent the euro to a two-week low. The bank left exchange rates unchanged, and said if the climate darkened further it would consider increasing its money-printing programme now and stimulate the eurozone economy beyond September 2016. "Economic growth in the euro area is likely to continue to be dampened by the necessary balance sheet adjustments in a number of sectors,… READ MORE : http://www.euronews.com/2015/09/03/ecb-trims-eurozone-growth-and-inflation-forecasts euronews business brings you latest updates from the world of finance and economy, in-depth analysis, interviews, infographics and more Subscribe for daily dose of business news: http://bit.ly/1pcHCzj Made by euronews, the most watched news channel in Europe.
Views: 38 euronews Business
The euro (€) is the official currency of 19 out of 28 EU member countries. These countries are collectively known as the Euro area. The euro was launched on January 1, 1999, at first only for accounting and financial transactions, and then three years later as notes and coins. On December 31, 1998, on the eve of the euro launch, the definitive conversion rates are revealed by the new European Central Bank: one euro will buy 1.95583 Deutschmarks, 6.55957 French francs and 1,936.27 Italian lire. Tens of thousands of people in banks and European stock exchanges get to work over the New Year break to ensure everything is ready when financial markets reopen on January 4. Shops that displayed prices in both currencies with approximate exchange rates update their tags. This video includes footage which was recorded 20 years ago in Brussels and Luxemburg: - General Atmosphere in the City of Brussels (30.12.98), Launch of the Euro, Signature of the List of Proposed Official Euro Exchange Rates, Round Table of the Ministers in the Council Building, Summary of the Ecofin Council Open Session, Summary of Press Conferences given by the Austrian Presidency, the Commission and the European Central Bank, Launching of 3000 Euro Balloons, Graphics, Statements and European Commission President Santer in Luxembourg.
Views: 73 ProductiehuisEU
Watch Shaun Richards from Not A Yes Man Economics introduce Core Finance viewers to 'parallel currency systems" and then discuss the consequences of the parallel currency system in Italy. Core Finance is part of Core London, a TV production company based in Belgravia, London. Core Finance aims to provide it's viewers with insightful market commentary, helping investors navigate through global financial markets. Making the content provided invaluable to viewers. Our shows are closely followed by fund managers, day traders, retail investors, comapny CEO's, experienced investors and those new to the financial markets. Core Finance covers all asset classes ranging from currencies (forex), equities, bonds, commodities, cryptocurrencie, ETF's, futures and options. Views expressed are solely those of guests and presenters and do not contistute investment advice and are not the views of Core Finance or Core London. See More At: www.corelondon.tv Twitter: @CoreLondonTV Facebook: CoreLondon
Views: 362 Core Finance
In this webinar we will talk about what the SDR is, why the central banks want the SDR now and what has recently occurred with its make up and how this could affect the global financial system. As Jim Rickards puts it "the international monetary elite will await the next global liquidity crisis. When that crisis arrives, there will be massive issuance's of SDR's to return liquidity to the world and cause global inflation. The result will be the end of the dollar as the leading global reserve currency. Complete webinar "The New World Reserve Currency" https://www.itmtrading.com/blog/new-world-reserve-currency/ Also See Unseen by most, at midnight on December 31st, global power shifted from the US to the IMF. We believe this shift seals the fate of the US dollar as "The" World's reserve currency. The Crisis, The Bail In and The SDR - Full Webinar https://www.itmtrading.com/blog/the-crisis-the-bail-in-and-the-sdr/
Views: 23587 ITM Trading
Josh Sigurdson talks with author and economic analyst John Sneisen about the collapse of the German economy as the country sees another incoming recession following manufacturing numbers recently calculated as well as the continued fall of Deutsche Bank. Europe's major economic powerhouse, Germany is seeing the end of another cycle of centralization and debt. With the worst numbers since 2008, the year over year production dropped -4.6%. German industry itself dropped an incredible -1.9%. The concern is growing and with the loss of faith in the German economy and DAX, this will surely be met with the crash of the system in general. The only thing keeping it propped up is faith and that faith is false. This massive crash could easily affect Greece and Italy as well. The issue is, this behemoth of the European Union is part of a massive domino collapse worldwide as we see the end of the Everything Bubble approach and Deutsche Bank alongside countless other lenders crash. This was bound to happen eventually which is why it's so important to be prepared for the inevitable. All fiat currencies eventually fall. All propped up, manipulated markets eventually fall. Self sustainability is key! Stay tuned for more from WAM! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU Buy Stefan Aarnio's NEW book 'Hard Times Create Strong Men' here: http://stefanaarnio.com/strongmenjosh https://anarchapulco.com/buy-your-tickets/ Use Promo Code: wam to save on your tickets! World Alternative Media 2018 "Find the truth, be the change!"
Views: 16182 World Alternative Media
E.C.B. Asset Backed Currency Securities | Lithuania Joins Euro Article: http://globalcurrencyreset.net/ecb-update-asset-backed-securities/ FREE Newsletter: http://globalcurrencyreset.net/subscribe-newsletter/ https://en.wikipedia.org/wiki/European_Central_Bank ECB Twitter https://twitter.com/ecb In my article (click the link above) you will be able to read the actual documents I uncovered regarding the ECB plans on backing securities (possibly some unknown currencies) with assets. This is a huge breakthrough finding. Please read all of the supporting documents on my website. If you have questions, subscribe to my newsletter and comment below so we can have a discussion. If you like privacy, just create a fake name and subscribe so you can at least comment. I don't mind people who want to be private. If you check out my earlier YouTube videos, you will note I called myself Nick G for a long time before actually putting myself on camera and telling you my name was Nick Giammarino, but that's besides the point. I want you to be informed, please watch all of my videos and get educated. Thanks, Nick The European Central Bank (ECB) is the central bank for the Euro. It conducts monetary policy of the Euro-zone, which contains 19 EU member states as well as is among the most extensive currency areas worldwide. That is just one of the world's reserve banks and is among the seven organizations of the European Union (EU) noted in the Treaty on European Union (TEU). The capital stock of the financial institution is possessed by the central banks of all 28 EU member states. [outdated information] The Negotiation of Amsterdam established the bank in 1998, as well as this is actually headquartered in Frankfurt, Germany. As of 2011 the President of the ECB is Mario Draghi, past guv of the Bank of Italy. The bank occupied the Eurotower while brand new head offices were actually being created. The managers and also shareholders of the European Reserve bank are actually the reserve banks of the 28 member states of the EU. The main purpose of the International Reserve bank, as mandated in Write-up 2 of the Law of the ECB, is to sustain rate security within the Eurozone. The general jobs, as specified in Post 3 of the Statute, are actually to describe and also incorporate the financial plan for the Eurozone, to perform forex operations, to take care of the overseas reserves of the European Unit of Central Banks and also procedure of the economic market framework under the TARGET2 repayments device and also the technological platform (presently being built) for resolution of securities in Europe (TARGET2 Securities). The ECB has, under Write-up 16 of its own Law, the exclusive right to authorize the publication of european banknotes. Participant conditions could issue european pieces, but the amount should be actually authorized by the ECB ahead of time (upon the intro of the euro, the ECB likewise possessed exclusive right to release pieces). Google+ https://plus.google.com/+GlobalcurrencyresetNet/posts Twitter – https://twitter.com/globalresetguy Facebook – https://www.facebook.com/theglobalcurrencyreset YouTube – https://www.youtube.com/user/globalcurrencyreset/videos ECB: Asset Backed Currency - Asset Backed Securities https://www.youtube.com/watch?v=_rp5BqcfWd0
Views: 1197 Global Currency Reset