U.S. venture capital firms are lining up for a piece of the digital currency market but some of the hot tech startups don’t need their money. Chris Dignam reports. Continue reading
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.
Greek Finance Minister Yanis Varoufakis says it would be “catastrophic” if Greece left the euro, predicting it would herald “the beginning of the end of the common currency project”.