How to keep your money from getting stolen

In January, a new wave of hackers launched a major attack against banks and other financial institutions around the world, using a new strain of ransomware that stole a significant amount of money from financial institutions.The ransomware attack is believed to have been aimed at banking institutions and was aimed at crippling those systems with […]

Why the Chinese government has done everything it can to prevent a global recession

The Chinese government is planning to boost growth to more than 10 percent next year and boost the value of its yuan by as much as 10 percent in 2020, according to a report in the Wall Street Journal.The plan will also see the government gradually ramp up spending, boosting its budget deficit to more […]

IMF suspends asset purchase program after Kazakhstan’s economic problems

Kazakhstan is suspending its program of buying foreign assets, including $3 billion worth of U.S. Treasury bonds, according to a statement posted to its website.The move comes after Kazakhstan has said that it would cut its deficit in half by the end of the year.The decision is the latest blow to the U.N. economic agency, […]

India’s $9 billion stimulus plan could be a boon to the struggling Bhutan economy

India’s economy is on the brink of a third recession since 2015.The central bank announced on Thursday that its economy is now growing by 2.3 per cent annually, the weakest pace since 2009.Its GDP growth was estimated at 1.7 per cent in the March quarter.In the first three months of 2017, GDP grew by 3.7% […]

What you need to know about the state of Venezuela’s economy

The Venezuelan economy is facing a huge economic crisis.As of last month, it has contracted by 8.4 percent since its peak of $1.2 trillion in 2016.That’s the worst in the world.The country is also facing a severe economic crisis that will likely lead to its bankruptcy, according to a report released Tuesday by the World […]

How the world’s leading exchange traded futures could be affected by the bitcoin collapse

What if one of the world\’s leading bitcoin exchanges, Bitstamp, collapsed?The answer may be pretty surprising.If Bitstamps collapse, how would it affect the world economy?How much would be lost?And what happens if Bitstampplase is the next exchange to collapse?Could it impact global financial markets?Could there be repercussions?We talk to CoinDesk\’s Jason Miller and Jon Wrobel […]

How to stay safe during the NHL trade deadline

The trade deadline is usually a time when teams start negotiating deals and are ready to move on.It’s also when teams are still dealing with the fallout from last season, when the NHL suspended three teams, including the Los Angeles Kings, for using performance-enhancing drugs.However, that hasn’t stopped teams from trading for players from the […]