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…

Continue reading →

Ten Great Ways to Save
We are all in search of how to save money, but we often do not pay attention to the facts of how we thoughtlessly “lower” the tidy sums of money…

Continue reading →

It's time to hold the horses on the lending market
The Ministry of Finance and the Central Bank of the Russian Federation consider it necessary to contain the rapid growth of consumer lending. The financial department, according to Deputy Minister…

Continue reading →

in the morning

LIBOR: time to change bets

The key LIBOR rate for credit markets is going to be modernized. City of London, New York Wall Street and regulators on both sides of the Atlantic are seeking a compromise in defining rules for calculating the global interbank rate systemic for institutionalized global usury. LIBOR replacement is planned for next year.

LIBOR (London Interbank Offered Rate) – the initial rate that is used on the interbank market, as well as in international commercial agreements to determine the interest on borrowed money. It was adopted in the 84th year and since then has not undergone any special changes.

LIBOR is set daily by the British Banking Association (BBA) for loans in ten currencies. Survey data from 16 largest banks are used to determine the rate. Every day in the morning, banks inform about the rates at which loans in foreign currency are provided. In this case, the four highest and four lowest rates are cut off, and the arithmetic average is calculated for the remaining eight. She becomes the rate of the day. The rate is calculated both for a day, that is, until 12:00 of the next business day, and for weeks, months and a year. Continue reading

100 facts about life and business from a venture investor

Alexander Zhurba, Managing Director and Co-Founder of Genezis Capital Fund, formulated 100 facts that he learned by the age of 27 about life and business. Recommended reading, it’s worth it.

1. Life and business consist of a large number of boring, boring and banal things, having done that, you suddenly get the very thing that you are not ashamed to give an interview about.

2. People are different, but basically want the same thing. Old Man Maslow was right.

3. Real values ​​are much harder to create than their appearance. For the second, you need only a good PR man and a lot of imagination. The first is usually more complicated – there are numbers.

4. People are lazy. They do not want to think, test and prepare. To finish, lose because of this a lot of things and do it right is more usual than doing it right from the very beginning. Continue reading

Dow Jones. 116 years guarding stock markets
On October 8, 1896, the world first heard the phrase, which today necessarily sounds in thousands of news releases around the world. An index created by renowned journalist Charles Henry…

...

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…

...

Time Travel: Chilean Blooper
Living conditions in Latin America are hardly comfortable. The economies of most countries in the region suffer from inflation, which for decades has remained at a high level. But there…

...

Gold remains a reliable asset
The market of precious metals after the New Year surprises with its diversity. The search for fallback options for traders and investors leads to a natural increase in gold and…

...