Dollar advocates argued that the expected benefits of macroeconomic stability would outweigh El Salvador’s loss of economic sovereignty, monetary independence, and even seigniorage – the difference between the cost of producing coins and banknotes and their face value.Advertisement But purchasing power suddenly plummeted and left the economy even more dependent on remittances, which have averaged…
Month: June 2021
Jack Dorsey: Unpicking Twitter boss’s passion for Nigeria
Jack Dorsey: Unpicking Twitter boss’s passion for Nigeria By Nduka Orjinmo BBC News, Abuja Published 16 hours ago Share close Share page Copy link About sharing Related Topics #EndSars protests image copyright Getty Images Twitter CEO Jack Dorsey is no stranger to controversy but in Nigeria he has become embroiled in the battle between the…
UK regulator bans world’s largest crypto-currency exchange
Binance: Financial watchdog FCA bans cryptocurrency exchange By Mary-Ann Russon Business reporter, BBC News Published 44 minutes ago Share close Share page Copy link About sharing image copyright Alamy Binance, the world’s biggest cryptocurrency exchange, has been banned by the UK’s financial regulator. The Financial Conduct Authority (FCA) has ruled that the firm cannot conduct…
Hackers Are Erasing Western Digital Hard Drives Remotely
Save Story To revist this article, visit My Profile, then View saved stories . An array of ATMs and point-of-sale terminals can be hacked with a wave of your phone, according to research released this week about vulnerabilities in near-field communication card readers.And flaws in a well-intentioned Dell firmware update mechanism left 128 recent, popular…
Again, Naira Falls at I&E, Closes Flat at Black Market
Again, Naira Falls at I&E, Closes Flat at Black Market Published Tweet By Adedapo Adesanya The Naira extended its stay in the danger zone at the Investors and Exporters (I&E) window of the foreign exchange market on Thursday.At the session, the Nigerian currency further depreciated against the US Dollar by 17 kobo to close at…
Bitcoin hits $35K after Biden reveals infrastructure deal, Paraguay proposes BTC bill
Mainframe AI June 25, 2021 Share Bitcoin hits $35K after Biden reveals infrastructure deal, Paraguay proposes BTC bill Bitcoin ( BTC ) price received a boost as news that lawmakers in Paraguay plan to present a bill to make BTC legal tender spread across Twitter.Shortly after the unconfirmed news surfaced on Twitter, Bitcoin price rallied…
Bitcoin to Become Legal Tender in El Salvador on September 7
Home / Bitcoin News Wire / Bitcoin to Become Legal Tender in El Salvador on September 7 Bitcoin to Become Legal Tender in El Salvador on September 7 Posted by: Bitcoin News Editor in Bitcoin News Wire 1 min ago Salaries and pensions will continue to be paid in US dollars, said El Salvador’s President…
FDs, mutual funds, shares or what? An investor’s dilemma
PAN-Aadhaar linking deadline extended! Your PAN may become inoperative if not linked by this date A typical matrimonial advertisement in a newspaper would look something like this.In a country where people expect their spouses to have the ultimate qualities, it is not surprising to see them expecting the same from their investments.They want it to…
Private equity firm poised to sweeten UDG bid after investor opposition
Private equity firm poised to sweeten UDG bid after investor opposition (Adds deal details, background) June 25 (Reuters) – Private equity firm Clayton, Dubilier & Rice (CD&R) was planning to increase its offer to buy UDG Healthcare to 2.72 billion pounds ($3.79 billion), the London-listed company said on Friday, following investor opposition to a previously…
My friend has tricked me into paying her medical bills, what can I do? | Relationships
The question Last year, a friend asked me to become part of a Go Fund Me drive to raise money for her medical treatment.At first I and other friends sprang into action, but later we began to question our (and her) actions. Many years ago, this friend had an illness she recovered from after gruelling…