The Greek government imposed capital controls late Sunday to prevent a run on the banks. The effect on the EUR/USD has been highly volatile with the currency pair falling sharply Monday morning. Greek banks are planned to re-open on July 7th, but for the meantime, Greeks can only withdraw €60 per day. The protests in Greece and […]
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The State of California Vs. Uber
Uber was fined $4,000 this past week by the State of California, on grounds that Uber must re-imburse Barbara Ann Berwick, a driver using the mobile app. Uber executives are now worried that the fine will pave the way to more litigation against it. Let’s take a step back to get to the root of the issue […]
Read this article »Donald Trump: “I will bomb the hell out of ISIS”
Donald Trump wants to be President of the United States. Trump says the first thing he will do as president is take down ISIS once and for all. “I say that you can defeat ISIS by taking their wealth,” said Trump. “Take back the oil. Once you go over and take back that oil, they […]
Read this article »Remembering Singapore’s Controversial Founding Father
There is an old Latin saying: “De mortuis nihil nisi bonum,” which means: “Don’t talk badly about the deceased.” The idea seems quite self-explanatory, but when it comes to modern-day politicians, today anything seems to be fair game. Last week, Lee Kuan Yew, the founding father of modern Singapore, passed away. Interestingly, the politicians and […]
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Debt and Drama: An Insider Perspective on the ECB Conference
We were very excited in the Banc De Binary offices last week as we were granted an exclusive entry pass into the much-anticipated European Central Bank press conference. Senior Analyst Lauren Carmouche was the lucky lady to attend, and live tweeted Draghi’s speech and its market-moving implications for our traders. We caught up with Lauren […]
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Everything You Need To Know about the Solar Power Revolution
So, if you haven’t already heard: we are in the midst of a revolution. No, not the type of revolution involving guns and dictators. This is the type of revolution that has been occurring very slowly, over the past couple of decades, in different parts of the world. It’s been dubbed: the Solar Power Revolution, […]
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Why CEO’s Are Interested In China
When choosing where to invest your money, it’s difficult to know where to start. An endless amount of numbers are just waiting to be picked up and analyzed. Meanwhile, more news is coming out by the minute, and the main job becomes what to filter out, and what to remember. In this piece, we’ll take […]
Read this article »Epic Fails: A Lesson for Leaders
As we enter 2015, technology is advancing at paces never before anticipated, and we seem to be walking naked into the land of uncertainty. And so, as we venture forward into the future, the least we can do is learn some lessons from the past. Here are three epic corporate fails business leaders should be aware of: […]
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Is America Pulling the Oil Strings?
The markets are open, and the currency market is hot. Up on the trading floor, we stopped by for a chat with Banc De Binary’s Senior Analyst, Raymond Reagon, to probe him on the falling Russian Ruble. BDB Blog: Raymond, what’s all the commotion about this morning? R. R.: The Ruble is falling. Traders need […]
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China Vs. USA
At this point in its history, China is experiencing extensive modernization. Where villages and farms once stood, cities and roads are being built. While education was once a luxury, it is quickly becoming a necessity. And the transformation is not yet complete. You’ve probably heard it said before at dinner tables that: “China is quickly […]
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