Is Romney's son betraying his father for an investment?
The son of US presidential candidate Mitt Romney visited Moscow this week, writes The New York Times. One of the candidate’s five sons, Matthew Romney, allegedly was looking for Russian…

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60 quotes overheard on Wall Street
The most accurate statements, overheard in the elevator of the most famous investment bank, from people who own almost all the money in the world There is a person on…

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Investments "from God" are the most sustainable
Investments "from God" are the most sustainable You can work in the financial market with "God's grace." Religious denominations offer adherents investments that are guaranteed to please God and allow…

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Cash makes us even poorer

Do you want, as the grandfather of the heroine of one joke, “so that there are no poor”? Take away their money. In particular, cash – coins and pieces of paper. It is the despicable metal, which is in the hands of low-income citizens, and is their worst enemy. On the one hand, it is difficult to consider money as a problem if you can afford to heat a fireplace with them, for example.

Sometimes it seems that all we lack for complete happiness is a certain amount of multi-colored pieces of paper with watermarks. Saying yes to money, you say no to poverty – everything seems to be logical. A bundle of notes in a box with socks is seen only as a guarantee of a comfortable life and carefree old age.

The irony is that most people who love cash and get used to it, do not deny themselves the pleasure of using electronic money. Even those who are demented as credit cards are still buying magnetic cards to travel by public transport, use discount cards when shopping, have a bank account and try to pay for utility bills through terminals so as not to lose time in queues. Of course, it’s difficult to do without cash at all – you never know, you will need to leave a waiter for tea or buy a bottle of water in a stall. But, by and large, the better you feel financially, the less you need cash and the easier it is to avoid having to use it. Continue reading

Counterfeiters prefer larger

The problem of counterfeit money circulating on the territory of Russia, before the Russian law enforcement officers is quite acute. In 2013, the total number of fakes discovered by the Central Bank of the Russian Federation exceeded 13 thousand units. This figure has decreased compared to the previous year, but the situation is complicated by the increase in the quality of the fakes themselves. Most often last year, five thousandth notes were faked.

According to the Central Bank of Russia, in the fourth quarter of 2013, 13,018 counterfeit five thousandth banknotes and 4454 counterfeit banknotes with a face value of 1,000 rubles were identified. and 1465 fake banknotes with a face value of 500 rubles.

The final indicators say that in 2013, Russian banks identified 71,433 counterfeit banknotes of the Bank of Russia, which is 18.9% less than in 2012 (88,029 banknotes). At the same time, in the fourth quarter of 2013, banks identified 19149 counterfeit banknotes, which is 20.2% less than in the fourth quarter of 2012. Continue reading

E-DINAR – anyone can earn

More recently, the payment system E-DINAR appeared on the market. Originally from a booming Asia, this electronic system has already proven to be very attractive and promising. She has the main qualities: low transaction costs, speed of operations, reliability and an intuitive interface. The new service provides users with additional features – when performing operations, the user receives a bonus.

New E-DINAR Technologies
This service is based on blockchain technology that takes into account cryptographic principles. Clients can place any currency for exchange and other transactions without commission.

The unit of account can be easily bought and sold on a special exchange, which is located directly on the site. This allows for independence in monetary matters. The question of the currency in which the operation can be carried out completely disappears. Money here becomes universal, they are automatically converted into those that are required for a specific operation. Continue reading

Currency forecast: the dollar strengthens its position
Currency forecast: the dollar strengthens its position The dollar spent the whole week to strengthen its position and succeeded in this. The euro cannot boast of such achievements against the…

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Banks slip on their own cards
From January 1, the Federal Law "On the National Payment System" will enter into force. The document has claims from the banking community. The project involves obliging banks to return…

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DIA strips customers of troubled banks
The Deposit Insurance Agency has launched a large-scale campaign to seize money from the population. Subpoenas have already been received by clients who withdrew money from their accounts shortly before…

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Three reasons for the outflow of capital abroad
Over the past month, investment funds focused on Russia withdrew about $ 150 million from the country. It is noted that the outflow for the last week of October amounted…

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