Central Banks can’t ignore the cryptocurrency boom
Businessam Staff
August 30, 2017
When the cryptocurrency Exio Coin starts a round of fundraising on Sept. 7, its founders say the unit will come with a unique distinction: the first to be endorsed by a sovereign nation. The identity of the government backer won’t be revealed until October, and Bloomberg News has no way of verifying the claim of support. According […]
China warns against ‘trade war’ with US
Businessam StaffAugust 14, 2017
China warned Monday that nobody would win in a “trade war” with the United States as President Donald Trump prepared to launch an investigation into Chinese intellectual property practices. According to AFP’s report, Trump was due on Monday to sign a memorandum directing US Trade Representative Robert Lighthizer to determine whether any Chinese laws, policies […]
Global demand for oil remains strong, as new market entrant, Uganda poised to increase supply by 2020
Oluwafemi OgunjobiAugust 7, 2017
Global demand for oil remained strong above projections in half year 2017 on robust economic growth, said Goldman Sachs, an American-based leading global investment banking, securities and investment firm. This is just as a new market entrant, Uganda, is poised to increase global supply by 216,000 barrels per day in 2020. The investment firm said […]