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Western Union Under European Commission Investigation

Western Union Under European Commission Investigation

Western Union is under fire from the European Union’s antitrust regulators over allegations of collusion in order to drive away competition. The former “king” of money transfers is said to be cooperating. Strong competition Paypal, Moneywise, Square and Facebook to […]

China Government Bonds

China Government Bonds

China Government Bonds via LST The following got my attention: The People’s Bank of China said in a statement on its website Wednesday that most types of overseas financial institutions will no longer require quotas to invest in the interbank […]

Why Negative Interest Rates Will Lead To A Spectacular Crash

Why Negative Interest Rates Will Lead To A Spectacular Crash

Why Negative Interest Rates Will Lead To A Spectacular Crash Despite zero-interest-rate-policy (ZIRP) and multiple quantitative easing programs — whereby the central bank buys large quantities of assets while leaving interest rates at practically zero — the world’s economies are […]

Adult Use Marijuana Sales

Legal Marijuana Businesses Must Pay 70% Federal Tax

Legal Marijuana Businesses Must Pay 70% Federal Tax Several states — including Colorado, Washington, Oregon, and Alaska — have, for now, successfully nullified the federal prohibition on the possession, sale, and production of marijuana. But that doesn’t mean the federal […]

Electric Car War

Electric Car War Sends Lithium Prices Soaring

Electric Car War Sends Lithium Prices Sky High With lithium prices skyrocketing beyond wildest expectations, talk heating up about acquisitions and mergers in this space and a fast-brewing war among electric car rivals, it’s no wonder everyone’s bullish on this […]