Category: Finance

German Banks Purposefully Misled the ECB in 2014, Report Shows

In the financial world, there are a lot of developments that were never allowed to see the light of day. A new report issued by several experts confirms that the ECB was fooled by several German banks in 2014.  Every so often, the ECB will conduct an asset quality review, or AQR. The ECB was Misled by German Banks During that type of audit, all member banks need to provide …
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How Personal Loans Can Help You Get Closer to Your Dream

For most of us, there is an overarching dream that we’re determined to work towards. It may be purchasing a new car, or else setting up your own business. Regardless of what form this goal takes, the one thing that often stands in the way of us realising it is our finances.  That’s because, even if you have money coming in, many people find it hard to save a lump …
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Virgin Galactic Chairman Correctly Predicted the oil Price Crash

It is evident that people who have opinions on Bitcoin may be slightly more knowledgeable about the financial markets in general.  Virgin Galactic Chairman and Social Capital CEO Chamath Palihapitiya is one of those individuals. There are many people who have opinions on the financial markets. Virgin Galactic Chairman Blasts Oil price Predictions Most of them hardly ever get any prediction right, but that is not entirely abnormal. Virgin Galactic …
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Impact of Coronavirus on the Price of Stocks

In just weeks since the advent of the novel virus corona, also known as the COVID-19, its impact has been massive. As of now, only 29% of the active cases (people who are infected and still undergoing treatment) of the coronavirus are in China. The remaining chunk of 71% is spread across other parts of the world. This is causing a lockdown in many countries due to the spiraling numbers …
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