Archive for March 2018
West African Countries Move Toward Single Currency in 2020
On February 21 of this year, the fifth meeting of the presidential task force on the ECOWAS Single Currency Programme was held at the Accra International Conference Centre in Accra, Ghana, a small country located on Africa’s West Coast. As the name of the conference confirms, the purpose of the meeting was for West African…
Read More3 Cryptocurrencies to Watch that Aren’t Bitcoin
These days, practically everyone has heard of Bitcoin. But did you know that Bitcoin is hardly the only cryptocurrency? According to the website Cryptocurrency Market Capitalizations.com there are – or have been – more than 1,500 cryptocurrencies in existence. Collectively, they have a total market capitalization of nearly $500 billion. Now to be fair, most of them are…
Read MoreCryptocurrency vs The Stock Market – Which is More Volatile?
In just one week in late March, we saw the Dow Jones Industrial Average fall by more than 700 points one day, and by more than 400 the next. That’s after nine years of a near stairstep pattern higher. Is the sudden volatility telling us something? The world seems to be a lot less stable now…
Read MoreThe Recent Rise of the Iraqi Dinar – Why it Rose and What You Should Know Before Investing
To the surprise of many currency traders, the Iraqi Dinar has been staging a gradual but noticeable improvement in value against the US dollar. Many mainstream investment advisors have been casting doubt on this possibility for a long time. But the rise in the value of the dinar has become a distinct reality. Will it…
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