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Showing posts from July, 2015

Aboutme.SubinFinance - "Reform Will Fail Greece" Says Former Greece Finance Minister

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Google Apps For Work/Business Enhancement link: https://goo.gl/2Mdc3E Redemption Coupon For Google Apps [India Only]:   CMJ9QPUANVN6YF 3VMYVE6LMW4L3G  Aboutme.SubinFinance Aboutme.Finance "ECONOMIC REFORM WILL Fail GREECE" SAYS YANIS VAROUFAKIS “The huge bailout provided by creditors is going to fail” commented Former Greek Finance Minister Yanis Varoufakis to BBC News. This economic reform will take Greece to such a disastrous level; the country will have to suffer enough pain in history of the country. The German parliament has given a green signal to negotiations and the bailout package is considered to be Euro 86 Billion in exchange of austerity measures.  The Former Finance Minister has already resigned and Prime Minister Alexis Tsipras even believed in this bailout scheme. But Greece doesn’t have enough options left in the later hour. He also schuffled the cabinet who voted against him, took Ministers who have good view of the upcoming macroec

Aboutme.SubinFinance - United States Will Increase Interest Rate This Year

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Google Apps For Work/Business Enhancement link: https://goo.gl/2Mdc3E Redemption Coupon For Google Apps [India Only]:   CMJ9QPUANVN6YF 3VMYVE6LMW4L3G  UNITED STATES WILL INCREASE INTEREST RATE THIS YEAR Gold Lost Its Shine as USA Dollar Will Appreciate :- Gold Lost Its Shine As USA Dollar Will Appreciate Gold gave up initial gain after Federal Reserve Chair Janet Yellen said that they’re going to increase the interest rate this current year. The only point she said is though they’re planning to increase the interest rate but the only concern is the labor market which seems very weak. But they anticipate at least one rate hike will be there. Fed Reserve is having 4 remaining meetings in 2015.  Spot Gold was up 0/1%, and now it has reached a low at $1,146.75. United States delivery of Gold reached a low of $1,159 an Ounce. When this news came, United States Dollar started appreciating against all baskets of currencies. Due to Greece Crisis, Gold start

Aboutme.SubinFinance - Financial Bubble Burst in China

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Aboutme.Finance Aboutme.SubinFinance Introduction About World Finance Scenerio:   World News: What China's bursting stock bubble means for the US economy   When the western eyes firmly focused on Greece, on the other side, World’s Second biggest economy is zooming with financial crisis . Yet it means that Chinese market is facing the real crash of the history, where stocks crashed and economic catastrophe is looming high.    A mere 30% fall in Chinese Stock Market , compared to roughly the entire gross domestic product of UK’s economy last year after the stock has almost doubled in a year or so, made the front paper of every dailies in the world.        Economic Development – 1929 in United States of America and China today seems same.  Chinese News: China embraces the markets Chinese Government is intervening to stem the panic, by packing off 290 companies who mistreated the ongoing trading system. Now this figure has escalated to over 940 com