Europe’s economy is now hitting its stride, according to the International Monetary Fund. But, as Ciara lee reports, a disruptive Brexit could result in “appreciably” lower growth for Britain and the euro zone. Continue reading
China Central Television (CCTV) – More irregularities about the concocted online payment unit, bitcoin, have aroused more concerns of monetary regulators everywhere. Continue reading
The U.S indicts Alexander Vinnik, a Russian man accused of laundering $4bn in bitcoin through the BTC-e crypto-currency exchange. David Doyle reports.
Fifty-five thousand pound (25,000KG) truck is swallowed by a sinkhole off of a highway in Georgia.
The United States Mint unveils a $100 gold coin featuring an African-American woman as the face of Lady Liberty for the first time in the history of U.S. currency.
Britain is $1.5 trillion poorer in dollar terms due to the fall in the pound since the vote to leave the European Union, according to a new study on global wealth. But Credit Suisse also predicts that around 945 billionaires will be minted around the world in the next five years.
Zimbabwe’s fragile economic situation is lurching towards fresh depths amid indications that United States dollar denominations are disappearing from circulation. The development has triggered speculation of a conspiracy to wipe out US dollar notes to pave way for the planned introduction of bond notes, a local currency by the government. Last week Zimbabwe cleared its 15-year-old financial arrears with the International Monetary Fund, a first step towards a new IMF loan program for the cash-starved country.
LUSAKA (Reuters) – Zambia’s kwacha weakened more than 1 percent on Tuesday on tight dollar supply, sending the currency of Africa’s second-largest copper producer down 1.25 percent to 11.25 per dollar by 1302 GMT.
International Monetary Fund chief Christine Lagarde announces the Chinese Yuan will be added to the Special Drawing Rights (SDR) basket alongside the dollar, euro, pound sterling and yen.
(AL-HAYAT MEDIA CENTRE OF IS) – Like most Islamic State videos, it’s a slick production… this time announcing the creation of a new currency.