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Is Cyprus In The Euro
 
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The Cypriot pound was replaced by the euro as official currency of the Republic of Cyprus on 1 January 2008 at the irrevocable fixed exchange rate of CYP 0.585274 per €1. However, pound banknotes and coins continued to have legal tender status and were accepted for cash payments until 31 January 2008. Although the eurozone's 19 finance ministers recently threw greece a much needed apr 18, 2013 what does future hold for cyprus's economy following country's banking crisis and bailout? . Eu euro cyprus and euro_en url? Q webcache. Cyprus currency converter exchange rate. Is it better to change your money in cyprus or the uk? Paphos currency euro adoption northern. The euro is the official currency of cyprus international money transfers can easily be sent to what are units in cyprus? Currency greek cypriot area (eur). I thought they might answer 1 of 11 we always change our money into euros in paphos. Cypriot pound wikipedia cyprus and the euro. Cyprus joined the european union in 2004 and adopted euro on 1 january 2008 cyprus has been a member of since may 2004, is economic monetary. What is the currency in paphos, cyprus euros or cypriot pounds? Cyprus message board tripadvisor. Ten tips to make your pound go further in paphos & cypruscyprus euro member countries. However, pound banknotes and coins continued to have legal tender status were accepted for cash payments until 31 january 2008 the currency of cyprus is euro. Cyprus's future is euro membership viable? Bbc news. Several british nationals have the currency of republic cyprus is euro ( ). European commission ec. Currency in turkish cypriot area lira (try) services & rates currency calculator. This replaced the cypriot pound in 2008, and makes it easier for eu i know they haven't changed to euro but wasn't sure if would accept them anyway as most of europe including greece uses euros. The pound to euro cyp eur currency converter. If you're found with fake euro banknotes the police will be called and you may prosecuted. Greenwich currency calculator bank of cyprus country. Ukhas cyprus already left the euro? Forbes. It is divided into 100 euro cents (). Bank base rates definition · Lending reference Bank's Daily market overview &middotCypriot pound wikipediaeuropean commissioncypriot wikipedia. Change your pounds into euros wisely. Use xe's free calculator to convert foreign currencies and jul 9, 2013 tangled in restrictions imposed march as part of a bailout for the country's ailing banks, euro cyprus is no longer same one mar 10, 2015 battles may be over, but war just beginning. Money cyprus travel advice gov. Cyprus money currency exchange and transfers. Currency controls in cyprus increase worry about euro system why greece and may be better off without the. Cypriot pound wikipediaeuropean commissioncypriot wikipedia. Googleusercontent search. There are many shops and kiosks where you can do this, generally get a better order euros for your trip to cyprus here with travelex dis
Views: 115 Etta Hahne Tipz
All countries currencies in indian rupees
 
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hi guys in this video i will show u the other countries money in indian rupees.subscribe for more videos
Views: 294329 All Types Of Videos
Bank of Cyprus not afraid to forgo profits in financial crime clean-up | World Finance
 
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In the first half of our interview with Marios Skandalis, he described Bank of Cyprus' four year journey from a public bail-in requiring depositors to take a 50 percent haircut, to repaying its emergency liquidity assistance and listing on the London Stock Exchange. One of the key aspects of its compliance transformation along the way was aggressively tackling money laundering – in this second video he explains why the bank isn't afraid to be open about the efforts it's gone to, in order to meet stringent ethical standards. And he explains the compliance challenges his team is facing as the bank becomes a fully digitised financial institution. For a full transcript visit: https://www.worldfinance.com/videos/bank-of-cyprus-not-afraid-to-forgo-profits-in-financial-crime-clean-up For more World Finance videos go to https://www.worldfinance.com/videos/
Views: 5725 worldfinancevideos
Asian markets mixed after Cyprus rejects tax on bank deposits
 
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SHOTLIST Seoul, South Korea 1. Screens showing exchange rates and share price values inside the Korea Exchange Bank 2. Close of screen 3. Traders by computers 4. Screen showing stock 5. Traders typing on computers 6. Wide of screens showing shares 7. Ticker tape 8. Various of traders Hong Kong 9. Wide of Hong Kong Stock Exchange trading floor 10. Mid of electronic share price display screen 11. Close of electronic ticker tape 12. Various of traders working 13. Big screen showing Hang Seng Index up 127.80 points, or 0.58 percent to 22,169.66 14. SOUNDBITE (English): Francis Lun, Chief Economist of GE Oriental Financial Group Limited: "The Cypriot parliament rejected the rescue proposal by the EU (European Union), of course that sent shockwave to Asia and the Hong Kong market opened slightly lower. But, then I think the market recovered and believing that the market is strong enough and big enough to withstand the shock of a Cypriot bankruptcy." 15. Pan of Hong Kong Stock Exchange trading floor Taipei, Taiwan 16. Pedestrian walking pass screens outside stock brokerage company 17. Close up of screen showing index dropping 18. Close up of screen showing main index points changing 19. Various of screens 20. Close of ticker tape STORYLINE Asian stock markets were mixed on Wednesday after Cypriot lawmakers rejected a tax on bank deposits that would have partly funded an emergency bailout to save the Mediterranean country from financial collapse. The vote by Cyprus' parliament on Tuesday rejected a plan cobbled together by international lenders to provide the country with 15.8 (b) billion euros (20.4 (b) billion US dollars) to bail out its heavily indebted banks and shore up government finances. If it doesn't get the money, the banks could fail, Cyprus' government finances could be ruined for years and the country could face expulsion from the union of 17 countries that use the euro. Hong Kong's Hang Seng rose 0.7 percent to 22,198.37. South Korea's Kospi fell 0.4 percent to 1,971.71. Benchmarks in Taiwan and Singapore also fell. Mainland Chinese shares rose. Stock markets in Japan were closed for a public holiday. Francis Lun, the Chief Economist of GE Oriental Financial Group Limited, said that the Cypriot parliament's rejection of the plan sent initial shockwaves through the Asian markets but that they have since rebounded. "I think the market recovered and believing that the market is strong enough and big enough to withstand the shock of a Cypriot bankruptcy," he said. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/2d998b646e3a3d73546505dd7cb3858f Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 11 AP Archive
Easy Currency Converter app for mobile
 
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All currency converter app converts currency easily. Just select the desired currency and enter the value fir first and get converted result. All Currency Converter is a real-time currency exchange rates converter. (The calculator is featured). All around the world offer rates for almost all currencies (over 162) and also comes with a special price for minerals such as gold, silver and. #Comes with a simple exchange rate conversion and exchange rate calculation. #View and can calculate currency (the currency of some ready ...) AED UAE Dirham AFN Afghan Afghani ALL Albanian Lek AMD Armenian Dram ANG Neth Antilles Guilder AOA Angolan Kwanza ARS Argentine Peso AUD Australian Dollar AWG Aruba Florin AZN Azerbaijani New Manat BAM Bosnian Convertible Marka BBD Barbados Dollar BDT Bangladesh Taka BGN Bulgarian Lev BHD Bahraini Dinar BIF Burundi Franc BMD Bermuda Dollar BND Brunei Dollar BOB Bolivian Boliviano BRL Brazilian Real BSD Bahamian Dollar BTC Bitcoin BTN Bhutan Ngultrum BWP Botswana Pula BYN New Belarusian Ruble BZD Belize Dollar CAD Canadian Dollar CDF Congolese Franc CHF Swiss Franc CLP Chilean Peso CNY Chinese Yuan COP Colombian Peso CRC Costa Rica Colon CUP Cuban Peso CVE Cape Verde Escudo CYP Cyprus Pound CZK Czech Koruna DJF Dijibouti Franc DKK Danish Krone DOP Dominican Peso DZD Algerian Dinar EGP Egyptian Pound ERN Eritrean Nakfa ETB Ethiopian Birr EUR Euro FJD Fijian Dollar FKP Falkland Islands Pound GBP British Pound GEL Georgian Lari GHS Ghanaian Cedi GIP Gibraltar Pound GMD Gambian Dalasi GNF Guinea Franc GTQ Guatemala Quetzal GYD Guyana Dollar HKD Hong Kong Dollar HNL Honduras Lempira HRK Croatian Kuna HTG Haiti Gourde HUF Hungarian Forint IDR Indonesian Rupiah ILS Israeli Shekel INR Indian Rupee IQD Iraqi Dinar IRR Iranian Rial ISK Iceland Krona JMD Jamaican Dollar JOD Jordanian Dinar JPY Japanese Yen KES Kenyan Shilling KGS Kyrgyzstani Som KHR Cambodia Riel KMF Comoros Franc KPW North Korean Won KRW Korean Won KWD Kuwaiti Dinar KYD Cayman Islands Dollar KZT Kazakhstan Tenge LAK Lao Kip LBP Lebanese Pound LKR Sri Lanka Rupee LRD Liberian Dollar LSL Lesotho Loti LTL Lithuanian Lita LVL Latvian Lat LYD Libyan Dinar MAD Moroccan Dirham MDL Moldovan Leu MGA Malagasy Ariary MKD Macedonian Denar MMK Myanmar Kyat MNT Mongolian Tugrik MOP Macau Pataca MRO Mauritania Ougulya MUR Mauritius Rupee MVR Maldives Rufiyaa MWK Malawi Kwacha MXN Mexican Peso MYR Malaysian Ringgit MZN Mozambican Metical NAD Namibian Dollar NGN Nigerian Naira NIO Nicaragua Cordoba NOK Norwegian Krone NPR Nepalese Rupee NZD New Zealand Dollar OMR Omani Rial PAB Panama Balboa PEN Peruvian Nuevo Sol PGK Papua New Guinea Kina PHP Philippine Peso PKR Pakistani Rupee PLN Polish Zloty PYG Paraguayan Guarani QAR Qatar Rial RON New Romanian Leu RSD Serbian Dinar RUB Russian Rouble RWF Rwandan Franc SAR Saudi Arabian Riyal SBD Solomon Islands Dollar SCR Seychelles Rupee SDG Sudanese Pound SEK Swedish Krona SGD Singapore Dollar SHP St Helena Pound SIT Slovenian Tolar SLL Sierra Leone Leone SOS Somali Shilling SRD Surinamese Dollar STD Sao Tome Dobra SVC El Salvador Colon SYP Syrian Pound SZL Swaziland Lilageni THB Thai Baht TJS Tajikistani Somoni TMT Turkmenistani Manat TND Tunisian Dinar TOP Tonga Pa'anga TRY Turkey Lira TTD Trinidad&Tobago Dollar TWD Taiwan Dollar TZS Tanzanian Shilling UAH Ukraine Hryvnia UGX Ugandan Shilling USD U.S. Dollar UYU Uruguayan New Peso UZS Uzbekistani Som VEF Venezuelan Bolivar VND Vietnam Dong VUV Vanuatu Vatu WST Samoa Tala XAF CFA Franc (BEAC) XAG Silver Ounces XAU Gold Ounces XCD East Caribbean Dollar XDR IMF Special Drawing Rights XOF CFA Franc (BCEAO) XPD Palladium Ounces XPF Pacific Franc XPT Platinum Ounces YER Yemen Riyal ZAR South African Rand ZMW Zambian Kwacha
Views: 84098 tech4all
'Cyprus can not cope with Euro as currency'
 
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Cyprus has rejected an EU mandated tax on bank deposits, that was a condition for a potential European bailout. But with Cyprus now walking the bankruptcy tight-rope. RT discusses which way it might fall with Marta Andreasen, an MEP for Britain's Conservative Party.
Views: 135 RTQuestionMore
Cypriot pound
 
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The pound, also known as the lira, was the currency of Cyprus, including the Sovereign Base Areas in Akrotiri and Dhekelia, until 31 December 2007, when the Republic of Cyprus adopted the euro. However, the self-proclaimed Turkish Republic of Northern Cyprus used and still uses on the official level the Turkish lira. The Cyprus pound was replaced by the euro as official currency of the Republic of Cyprus on 1 January 2008 at the irrevocable fixed exchange rate of CYP 0.585274 per EUR 1.00. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 1931 Audiopedia
Confidence in Cyprus | Authers' Note
 
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► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Foreign exchange markets celebrated the announcement of eurozone QE by pushing the euro to a fresh low against the dollar. John Authers suggests that disappointing US jobs data might now have a sharply negative impact on the dollar. ► Authers’ Note: http://bit.ly/1Liu16x ► FT Markets: http://bit.ly/1J5HNd3 ► Will ECB launch full QE?: http://bit.ly/1d3U0Au Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 523 Financial Times
Bank of Cyprus Public
 
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VIDEO FINANCIAL REPORTING Why invest in is the first financial video platform where you can easily search through thousands of videos describing global securities. About The Video: We believe that complex financial data could become more approachable using friendly motion-graphic representation combined with an accurate selection of financial data. To guarantee the most effective information prospective we drew inspiration from Benjamin Graham’s book: “The Intelligent Investor”, a pillar of financial philosophy. For this project any kind of suggestion or critic will be helpful in order to develop and provide the best service as we can. Please visit our site www.whyinvestin.com and leave a massage to us. Thank you and hope you'll enjoy. IMPORTANT INFORMATION - DISCLAIMER THIS VIDEO IS FOR INFORMATION PURPOSES ONLY AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE. This video has been prepared by Whyinvestin (together with its affiliates, “Whyinvestin”) and is not intended to be taken by, and should not be taken by, any individual recipient as investment advice, a recommendation to buy, hold or sell any security, or an offer to sell or a solicitation of offers to purchase any security. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The performance of the companies discussed on this video is not necessarily indicative of the future performances. Investors should consider the content of this video in conjunction with investment reports, financial statements and other disclosures regarding the valuations and performance of the specific companies discussed herein. DO NOT RELY ON ANY OPINIONS, PREDICTIONS OR FORWARD-LOOKING STATEMENTS CONTAINED HEREIN. Certain of the information contained in this video constitutes “forward-looking statements” that are inherently unreliable and actual events or results may differ materially from those reflected or contemplated herein. None of Whyinvestin or any of its representatives makes any assurance as to the accuracy of those predictions or forward-looking statements. Whyinvestin expressly disclaims any obligation or undertaking to update or revise any such forward-looking statements. EXTERNAL SOURCES. Certain information contained herein has been obtained from third-party sources. Although Whyinvestin believes such sources to be reliable, we make no representation as to its accuracy or completeness. FINANCIAL DATA. Historical companies’ data, ratios, exchange rate, prices and estimates are provided by Factset research www.factset.com . Whyinvestin does not verify any data and disclaims any obligation to do so. Whyinvestin, its data or content providers, the financial exchanges and each of their affiliates and business partners (A) expressly disclaim the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. Neither Whyinvestin nor any of our information providers will be liable for any damages relating to your use of the information provided herein. Please consult your broker or financial representative to verify pricing before executing any trade. Whyinvestin cannot guarantee the accuracy of the exchange rates used in the videos. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates. You agree not to copy, modify, reformat, download, store, reproduce, reprocess, transmit or redistribute any data or information found herein or use any such data or information in a commercial enterprise without obtaining prior written consent. Please consult your broker or financial representative to verify pricing before executing any trade. COPYRIGHT “FAIR USE” Whyinvestin doesn’t own any logo different from the whyinvestin’ s logo contained in the video. The owner of the logos is the subject of the video itself (the company); and all the logos are not authorized by, sponsored by, or associated with the trademark owner . Whyinvestin uses exclusive rights held by the copyright owner for Educational purposes and for commentary and criticism as part of a news report or published article. If you are a company, subject of the video and for any reason want to get in contact with Whyinvestin please email: [email protected]
Views: 3 Why Invest In
Chase Bank Preparing For Cyprus-Style Gouging in US?
 
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Why is Chase Bank banning wire transfers and limiting cash withdrawals for business customers? Is the bank preparing for some kind of financial crisis or Cyprus-style account gouging? (Select HD and full screen to read letters). FULL STORY: http://www.infowars.com/chase-bank-limits-cash-withdrawals-bans-international-wire-transfers/ Chase Bank deleted their tweet admitting limits on cash withdrawals. Orders from above? Here's a screenshot. http://static.prisonplanet.com/p/images/october2013/161013tweet.jpg
Views: 50825 Paul Joseph Watson
The TRUTH About Inflation & The CRASH To Come!
 
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Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news that inflation in the United States reached an 6 year high. Breaking down this news, we take a trip through the past, present and future of inflation, why it happens and what can be done. Inflation is a hidden tax and it's an absolute scourge. One of the greatest reasons we see such vast poverty today is due to inflation. The purchasing power of fiat currency falls like a rock as vast printing, quantitative easing and fractional reserve lending lead to vast debt and devaluation. This results in our food going up in value alongside everything else. Currently the official numbers show the U.S. has an inflation rate of about 2.9%. This is incorrect when you look at the shadow stats by John Williams assessing the 1980s charts which show inflation is closer to about 10% in the United States. Talk about a jump. We look at inflation and currency devaluation throughout history. For example, the Weimar Republic's hyperinflation, Zimbabwe's homeless trillionaires, Argentina's obsession with printing currency, South Sudan, Suriname, Croatia and of course Venezuela who is dealing with a massive crisis as we speak. Then we look at the present situation and with that lead into the future of this racket. The centrally planned cashless society. It's a desperation move as the Federal Reserve attempts to pull interest rates up so they can drop them out without going negative, but it won't work. Between 2008 and 2012, the Fed dropped interest rates 5.5%. That simply put off the crash. It didn't fix anything. Now the weight is even heavier on our shoulders, interest rates will have to go negative like Sweden which played right into their cashless system. If your money's in the bank, it's not yours, it's the bank's and if your money's always going through the banks via digital transactions and legal tender laws, it's NEVER your money and it's ALWAYS the bank's. That makes you a puppet of the banking and governmental system. There appears to be a massive attempt out of Sweden, China and India to be the test grounds for the global centrally planned cashless society where one cannot stop a bank run, a bail-in, surveillance, etc. But of course a great part of value is scarcity and by creating vast currency at an endless rate, you lose scarcity, so you lose demand and you end up with a worthless currency. Cryptocurrencies on the other hand when fundamentally useful stand to be a solution to this madness. Scarcity, application use and demand are what makes silver and gold so useful as wealth insurance. The same goes for Bitcoin as a new revolutionary way to free individuals from the central banking system. We go into many solutions for free individuals. Remember, all fiat currencies eventually revert to their true value of zero, they always have, they always will going back to 1024AD in China. This time will be no different. Though, the fundamentals are off the table due to the level of manipulation in the monetary system and the markets, so one cannot put a date on it, we just know it will happen and for that reason it's better people are overprepared than underprepared. History has taught us that this system of collectivist centralization will revolve in circles for eternity as long as we do not understand it. So either you as an individual should learn to control your money, or your money will control you. This is why we need to hand it to individual demand on the free market. Competing currencies. No more fiat. Stay tuned for more from WAM! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU https://anarchapulco.com/buy-your-tickets/ Use Promo Code: wam to save on your tickets! World Alternative Media 2018 "Find the truth, be the change!"
Markets stall as Cyprus pursues other bailout options after parliament rejects bank tax
 
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SHOTLIST 1. Various of Frankfurt stock exchange 2. Various of traders at Frankfurt stock exchange 3. Mid of Oliver Roth, Director of Trade at Close Brothers Seydler Bank, being interviewed 4. SOUNDBITE (German) Oliver Roth, Director of Trade at Close Brothers Seydler Bank "The markets are focused two main subjects today. On the one hand Cyprus, on which the question is: what could Plan B look like after Plan A has been rejected? I think that savings accounts under 100,000 euros might not be included in the levy, and only account holders who hold more than that amount will be taking part, to reach the 5.7 billion (euros) that Cyprus has to contribute. The other subject is of course Ben Bernanke, who will keep the cheap money flowing, so the DAX (stock market index) will be stable until there is news from Cyprus." 5. Various of Frankfurt stock exchange STORYLINE World stock markets stalled on Thursday as uncertainty mounted over whether Cyprus can stave off bankruptcy after the country's government rejected a plan to contribute to a bailout by seizing money from people's bank accounts. Cyprus has four days to agree on a new plan to raise funds to avoid bankruptcy after the European Central Bank warned that it would pull the plug on the country's banks at the start of next week if no bailout deal is agreed. "The markets are focused two main subjects today. On the one hand Cyprus, on which the question is: what could Plan B look like after Plan A has been rejected?" said Oliver Roth, Director of Trade at Close Brothers Seydler Bank in Frankfurt. Facing the ultimatum, the Cypriot government was trying on Thursday to drum up support for a new proposal that will appease lawmakers in Parliament as well as the country's potential international creditors. The "Plan B" was being debated after lawmakers soundly defeated an earlier proposal to seize up to 10 percent of all domestic deposits to finance a rescue of the country. The result of the meeting and the nature of "Plan B" is a subject of some speculation in the financial markets. "I think that savings accounts under 100,000 euros might not be included in the levy, and only account holders who hold more than that amount will be taking part, to reach the 5.7 billion (euros) that Cyprus has to contribute," said Roth. Across the Atlantic in the US, Federal Reserve Chairman Ben Bernanke has said at the end of a two-day policy meeting that the bank wouldn't alter its aggressive monetary easing of 85 billion US dollars in monthly bond purchases to push down borrowing costs, until it was convinced the economy's gains can be sustained. Federal Reserve officials reinforced their plan to keep short-term interest rates at rock-bottom levels at least until unemployment falls to 6.5 percent. The current unemployment rate is 7.7 percent. "The other subject is of course Ben Bernanke, who will keep the cheap money flowing, so the DAX (stock market index) will be stable until there is news from Cyprus," said Roth. Germany's DAX fell 0.7 percent to 7,945.85. Britain's FTSE 100 dropped 0.6 percent to 6,396.06. France's CAC-40 tumbled 1 percent to 3,790.83. Wall Street also appeared headed for losses. Dow Jones industrial futures shed 0.1 percent to 14,391 while S&P 500 futures lost 0.2 percent at 1,546.30. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/b47820cff8d120c161029a9144add98b Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 4 AP Archive
Bank of Cyprus offloads Russian subsidiary
 
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Bank of Cyprus, the largest lender of Greek Cyprus, announced July 17 that it has sold off its Russian subsidiary Uniastrum as part of what it called a “de-risk strategy.” BoC said the sale follows a similar deal in Ukraine and completes the disposal of the group’s overseas banking subsidiaries identified for sale. It reached agreement to sell 80 percent of its 120 Uniastrum branches and other Russian loan exposures to Artem Avetisyan, the majority shareholder in Bank Regional Credit, the bank said in a statement. The sale is subject to regulatory approvals and is expected to be completed by the end of the third quarter of 2015, said BoC. without disclosing a price. The Greek Cypriot bank paid 450 million euros ($490 million at the current exchange rate) to buy 80 percent of Uniastrum in October 2008. “The transaction results in an improvement of approximately 30 basis points in Common Equity Tier 1 capital ratio due to the reduction of approximately 700 million euros in risk weighted assets,” BoC said. “The (BoC) Group has reached another milestone in its deleveraging and de-risking strategy, and has eliminated future potential risks relating to its Russian operations, including any liquidity risks,” BOC said.
Views: 8 Solitude
Cyprus Bank Holiday, Run On The Banks = Evidence of Deteriorating EUR   EU Collapse   YouTube
 
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A gold standard Three types may be distinguished.[ In the gold specie standard the monetary unit is associated with the value of circulating gold coins or the monetary unit has the value of a certain circulating gold coin, but other coins may be made of less valuable metal. The gold exchange standard usually does not involve the circulation of gold coins. The main feature of the gold exchange standard is that the government guarantees a fixed exchange rate to the currency of another country that uses a gold standard (specie or bullion), regardless of what type of notes or coins are used as a means of exchange. This creates a gold standard, where the value of the means of exchange has a fixed external value in terms of gold that is independent of the inherent value of the means of exchange itself. Finally, the gold bullion standard is a system in which gold coins do not circulate, but the authorities agree to sell gold bullion on demand at a fixed price in exchange for currency.
Views: 9 Goldof World
Bank of Cyprus Public
 
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VIDEO FINANCIAL REPORTING Why invest in is the first financial video platform where you can easily search through thousands of videos describing global securities. About The Video: We believe that complex financial data could become more approachable using friendly motion-graphic representation combined with an accurate selection of financial data. To guarantee the most effective information prospective we drew inspiration from Benjamin Graham’s book: “The Intelligent Investor”, a pillar of financial philosophy. For this project any kind of suggestion or critic will be helpful in order to develop and provide the best service as we can. Please visit our site www.whyinvestin.com and leave a massage to us. Thank you and hope you'll enjoy. IMPORTANT INFORMATION - DISCLAIMER THIS VIDEO IS FOR INFORMATION PURPOSES ONLY AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE. This video has been prepared by Whyinvestin (together with its affiliates, “Whyinvestin”) and is not intended to be taken by, and should not be taken by, any individual recipient as investment advice, a recommendation to buy, hold or sell any security, or an offer to sell or a solicitation of offers to purchase any security.  PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The performance of the companies discussed on this video is not necessarily indicative of the future performances.  Investors should consider the content of this video in conjunction with investment reports, financial statements and other disclosures regarding the valuations and performance of the specific companies discussed herein. DO NOT RELY ON ANY OPINIONS, PREDICTIONS OR FORWARD-LOOKING STATEMENTS CONTAINED HEREIN. Certain of the information contained in this video constitutes “forward-looking statements” that are inherently unreliable and actual events or results may differ materially from those reflected or contemplated herein. None of Whyinvestin or any of its representatives makes any assurance as to the accuracy of those predictions or forward-looking statements. Whyinvestin expressly disclaims any obligation or undertaking to update or revise any such forward-looking statements. EXTERNAL SOURCES. Certain information contained herein has been obtained from third-party sources. Although Whyinvestin believes such sources to be reliable, we make no representation as to its accuracy or completeness.  FINANCIAL DATA. Historical companies’ data, ratios, exchange rate, prices and estimates are provided by Factset research www.factset.com . Whyinvestin does not verify any data and disclaims any obligation to do so. Whyinvestin, its data or content providers, the financial exchanges and each of their affiliates and business partners (A) expressly disclaim the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. Neither Whyinvestin nor any of our information providers will be liable for any damages relating to your use of the information provided herein. Please consult your broker or financial representative to verify pricing before executing any trade. Whyinvestin cannot guarantee the accuracy of the exchange rates used in the videos. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates. You agree not to copy, modify, reformat, download, store, reproduce, reprocess, transmit or redistribute any data or information found herein or use any such data or information in a commercial enterprise without obtaining prior written consent. Please consult your broker or financial representative to verify pricing before executing any trade.  COPYRIGHT “FAIR USE” Whyinvestin doesn’t own any logo different from the whyinvestin’ s logo contained in the video. The owner of the logos is the subject of the video itself (the company); and all the logos are not authorized by, sponsored by, or associated with the trademark owner . Whyinvestin uses exclusive rights held by the copyright owner for Educational purposes and for commentary and criticism as part of a news report or published article. If you are a company, subject of the video and for any reason want to get in contact with Whyinvestin please email: [email protected]
Views: 0 Why Invest In
U.S. Banks Begin CYPRUS-Style CAPITOL CONTROLS!
 
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Find More TRUTH EXPOSED and SCANDALS UNCOVERED: http://truth.themoneygps.com ******************************************************************** The Money GPS by David Quintieri featuring Bob Chapman, James Turk, and David Morgan. Look Inside the Book!: http://book.themoneygps.com My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.themoneygps.com VACCINES: http://vaccines.themoneygps.com Join The Money GPS Insiders: http://themoneygps.com PREPARE for the COLLAPSE: http://amazon.themoneygps.com ******************************************************************** Chase Revamps Cash Deposit Rules to Ease Money-Laundering Risks a new policy that requires customers who want to make a cash deposit to show identification and be listed on the actual account. Central Bank kicks off €1m campaign for cashless society Cyprus expected to ease capital controls almost year after €10bn bailout Sources: http://www.foxbusiness.com/industries/2014/01/14/chase-revamps-cash-deposit-rules-to-ease-money-laundering-risks/ https://twitter.com/KristenMeghan/status/435383613111013376/photo/1 http://www.independent.ie/business/irish/central-bank-kicks-off-1m-campaign-for-cashless-society-30033110.html http://www.theguardian.com/world/2014/feb/20/cyprus-ease-capital-controls-domestic-transactions-bailout
Views: 4300 The Money GPS
CYPRUS MONEY
 
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Views: 65 Dwross Tim
Cyprus: Cypriots empty ATM machines after proposed tax levy
 
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1. C/U Bank sign in Cyprus capital, Nicosia 2. W/S Bank customer approaching ATM cash machine 3. M/S Bank customer withdrawing money from the ATM 4. SOT Bank customer, Hasan Abul: "I definitely am angry because they didn't give us any notification, what will happen with the rest of the amount?" 5. W/S Facade of the Laiki Bank 6. M/S ATm at the Laiki Bank 7. M/S Bank customer withdrawing money from the account 8. M/S ATM machine 9. C/U Broken exchange rate board SCRIPT: Cyprus: Cypriots empty ATM machines after proposed tax levy As banks remain closed in Cyprus due to the national holiday, inhabitants of Nicosia rush to ATMS to withdraw their money after hearing about a European Union bailout on Saturday, 16 March. The Cypriot government was to decide later today, March 17, whether to seize up to 10% of deposits held in national banks however the debate and vote has been postponed until tomorrow. The 10 billion EU bailout deal was agreed between the newly elected government of Cyprus and the so-called Troika, consisting of the European Commission, the European Central Bank and the International Monetary Fund. The deal proposes that people with less than 100,000 EU in their accounts will pay a 6.75% tax. Those who earn more than the 100,000 EU threshold, will have to pay 9.9%. Cyprus will be the first country in the eurozone to finance their bailout by putting a tax levy on people's savings. Hasan Abul, inhabitant of Nicosia, expressed his feelings by stating: "I definitely am angry because they didn't give us any notification, what will happen with the rest of the amount?" Cyprus President Nicos Anastasiades gave a televised address on Sunday night by explaining that the levy on bank deposits was a necessary measure to prevent the country from exiting the euro zone, which would result in total bankruptcy for Cyprus.
Views: 264 memo chan
Introduction of the euro in Cyprus
 
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+++THIS VIDEO ORIGINATED FROM THE EUROPA AUDIO/VISUAL SERVICE WEBSITE+++ In May 2007, the European Commission gave its approval for the entrance of Cyprus and Malta to the Eurozone as from 01/01/2008, as both countries comply with the economic convergence criteria. On 01/01/2008, the Cypriot Pound will be replaced by the Euro. In order to illustrate this, the European Commission's audiovisual service has prepared an infoclip which will include: - General views of Nicosia, capital of Cyprus - Post office: preparation of the free Euro converter/calculator kit being distributed to citizens via the post - Ministry of Finance - Central Bank of Cyprus: exterior views and exhibition on the euro - Shops with dual pricing displays and the FAIR "logo" - TV campaign advertising on the euro with Cypriot athletes. Info-clip | 12/12/2007 | REF : I-055763 | 00:04:59:18
Views: 3449 ejcnettube
Moscow talks on alternative deal to prevent Cyprus going broke
 
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http://www.euronews.com/ Talks continue in Moscow as the government of Cyprus tries to put together a deal to prevent the country's bankruptcy by the next week. The European Central Bank (ECB) has threatened to withdraw support for banks on the Mediterranean island on Monday, stopping the supply of emergency funding. Stock markets across the continent fell on Thursday morning following the ECB's threat. A pre-planned meeting between EU President Jose Manuel Barroso and Russian prime minister Dmitry Medvedev coincides with the Kremlin's criticism of an EU proposal of a levy on Cypriot bank deposits rejected by the parliament in Nicosia. Giving his assessment of the levy, Medvedev said: "So far, the actions of the European Union and the European Commission together with the Cypriot government, regretfully resemble a bull in a china shop to me. It's as if they miss the crisis." Chairman of the Eurogroup Jeroen Dijsselbloem warned that the problems in Cyprus pose a systemic risk to the whole eurozone. There is speculation that any deal with Russia will involve a stake in Cypriot offshore gas fields. In the meantime, to avoid a run on Cypriot banks, the government in Cyprus has closed them until Monday, which is a bank holiday, effectively meaning banks will not reopen until Tuesday. The Cyprus stock exchange will also remain closed until Tuesday. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
Desi students in Cyprus
 
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Why we bring money, while we travel from home country, and Cyprus welcome us, cause we are making Cyprus strong financially,
Views: 49053 ZAHEER AKHTAR
Bank of Cyprus
 
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VIDEO FINANCIAL REPORTING Why invest in is the first financial video platform where you can easily search through thousands of videos describing global securities. About The Video: We believe that complex financial data could become more approachable using friendly motion-graphic representation combined with an accurate selection of financial data. To guarantee the most effective information prospective we drew inspiration from Benjamin Graham’s book: “The Intelligent Investor”, a pillar of financial philosophy. For this project any kind of suggestion or critic will be helpful in order to develop and provide the best service as we can. Please visit our site www.whyinvestin.com and leave a massage to us. Thank you and hope you'll enjoy. IMPORTANT INFORMATION - DISCLAIMER THIS VIDEO IS FOR INFORMATION PURPOSES ONLY AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE. This video has been prepared by Whyinvestin (together with its affiliates, “Whyinvestin”) and is not intended to be taken by, and should not be taken by, any individual recipient as investment advice, a recommendation to buy, hold or sell any security, or an offer to sell or a solicitation of offers to purchase any security. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The performance of the companies discussed on this video is not necessarily indicative of the future performances. Investors should consider the content of this video in conjunction with investment reports, financial statements and other disclosures regarding the valuations and performance of the specific companies discussed herein. DO NOT RELY ON ANY OPINIONS, PREDICTIONS OR FORWARD-LOOKING STATEMENTS CONTAINED HEREIN. Certain of the information contained in this video constitutes “forward-looking statements” that are inherently unreliable and actual events or results may differ materially from those reflected or contemplated herein. None of Whyinvestin or any of its representatives makes any assurance as to the accuracy of those predictions or forward-looking statements. Whyinvestin expressly disclaims any obligation or undertaking to update or revise any such forward-looking statements. EXTERNAL SOURCES. Certain information contained herein has been obtained from third-party sources. Although Whyinvestin believes such sources to be reliable, we make no representation as to its accuracy or completeness. FINANCIAL DATA. Historical companies’ data, ratios, exchange rate, prices and estimates are provided by Factset research www.factset.com . Whyinvestin does not verify any data and disclaims any obligation to do so. Whyinvestin, its data or content providers, the financial exchanges and each of their affiliates and business partners (A) expressly disclaim the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. Neither Whyinvestin nor any of our information providers will be liable for any damages relating to your use of the information provided herein. Please consult your broker or financial representative to verify pricing before executing any trade. Whyinvestin cannot guarantee the accuracy of the exchange rates used in the videos. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates. You agree not to copy, modify, reformat, download, store, reproduce, reprocess, transmit or redistribute any data or information found herein or use any such data or information in a commercial enterprise without obtaining prior written consent. Please consult your broker or financial representative to verify pricing before executing any trade. COPYRIGHT “FAIR USE” Whyinvestin doesn’t own any logo different from the whyinvestin’ s logo contained in the video. The owner of the logos is the subject of the video itself (the company); and all the logos are not authorized by, sponsored by, or associated with the trademark owner . Whyinvestin uses exclusive rights held by the copyright owner for Educational purposes and for commentary and criticism as part of a news report or published article. If you are a company, subject of the video and for any reason want to get in contact with Whyinvestin please email: [email protected]
Views: 18 Why Invest In
Cyprus Crisis Reveals Shadowy World of Tax and Money Laundering Haven
 
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James Henry: Bailout deal includes capital controls and punishing big Russian depositors to pay off European banks -- leaves Cyprus looking for a "new way to make a living"
Views: 6066 TheRealNews
Yahoo! Finance News - U.S. Securities and Exchange Commission, Bank of Italy, Cyprus, Congress
 
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UBS in settlement talks with SEC over mortgage bond deal UBS AG is in talks with the Securities and Exchange Commission to settle allegations the bank defrauded investors in a mortgage bond deal that soured during the financial crisis, the Wall Street Journal ... http://us.rd.yahoo.com/finance/news/rss/story/SIG=14h58m50p/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12e4r54tk/*http%3A//finance.yahoo.com/news/ubs-settlement-talks-sec-over-145104232.html?l=1 Bank of Italy warns political impasse dents economic recovery Italy's political stalemate and renewed financial market turbulence could undermine the country's recovery from its longest recession in two decades, a Bank of Italy official said on Saturday. Italian ... http://us.rd.yahoo.com/finance/news/rss/story/SIG=14m7s68nn/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12j3np6af/*http%3A//finance.yahoo.com/news/bank-italy-warns-political-impasse-124001953.html?l=1 Tiny Cyprus Matters to Europe At barely one million inhabitants, Cyprus' population is minuscule. Yet what is happening in Cyprus could have enormous implications for Europe?s economic future and for the very survival of the euro itself. http://us.rd.yahoo.com/finance/news/rss/story/SIG=1504ev1uo/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12tke0k8u/*http%3A//finance.yahoo.com/blogs/the-exchange/why-tiny-cyprus-matters-europe-183548239.html?l=1 Congress Thwarts Post Office?s Plan to Eliminate Saturday Delivery In a setback to the United States Postal Service's cost-saving efforts, Congress has passed legislation requiring a six-day postal service delivery schedule. http://us.rd.yahoo.com/finance/news/rss/story/SIG=15vbrfso1/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=13s52f4pk/*http%3A//finance.yahoo.com/blogs/daily-ticker/congress-thwarts-post-office-plan-eliminate-saturday-delivery-162337107.html?l=1 http://www.wochit.com
Views: 103 Wochit Business
nepal currency
 
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Click here to join my bestselling udemy course for FREE https://www.udemy.com/entrepreneurs-entrepreneurship-tips-tricks-and-more/?couponCode=YOUTUBE%28FREE%29 nepal currency Watch my video nepal currency and learn about the Nepalese Rupee. I show you how to convert Nepalese Rupee (NPR) currency to British Pound (GBP) currency. I use xe.com an online currency converter and calculator. The Nepalese Rupee is the currency of Nepal. XE currency rankings show that the most popular Nepal Rupee exchange rate is the NPR to GBP rate. The currency code for Rupees is NPR, and the currency symbol is ₨. The rupee (Nepali: रूपैयाँ) is the official currency of Nepal. The present rupee has the ISO 4217 code NPR and is normally abbreviated with the sign ₨. It is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank. Several other currencies are also called rupee. Nepal,Money,currency,yak,munal,tiger,elephant,rhino,pasia,rupiya,rupees,NRS,ruphia,Nepali currency,Nepali Money,Best money,ek,pach,dus nepal currency Contact: Christos Pittis website: www.christospittis.com https://www.udemy.com/u/christospittis/ twitter: https://twitter.com/CPITTIS facebook page: https://www.facebook.com/christoscpittis email: [email protected] https://www.udemy.com/u/christospittis/ YouTube: https://www.youtube.com/channel/UClqulZeiMIfgPv_LirylA0g/videos
Views: 34178 Entrepreneurship pdf
Silver Update 3/19/13 Bank Runs
 
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Software Provided With Permission By Netdania.com http://www.netdania.com/Products/live-streaming-currency-exchange-rates/real-time-forex-charts/FinanceChart.aspx One Of Legendary Jim Sinclair's Boldest Predictions Ever http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/14_One_Of_Legendary_Jim_Sinclairs_Boldest_Predictions_Ever.html User Questions for brotherjohnf http://www.brotherjohnf.com/forum/Forum-User-Questions-for-brotherjohnf Next: Capital Controls http://www.zerohedge.com/news/2013-03-19/next-steps-capital-controls New Zealand considers Cyprus-style banking failure solution http://rt.com/business/new-zealand-cyprus-style-banking-failure-solution-477/ This video is for purposes of criticism, comment, news reporting, teaching, scholarship, and research. All video and audio content is my own creation and is protected by Creative Commons Attribution-NoDerivs 3.0 Unported License. All other images and articles shown in this video are for purposes of "fair use" under Section 107 of the Copyright Act 1976. Netdania screenshots provided per Netdania permission based upon verbal attribution per Izabela Mindak at Netdania.com. Thumbnail images come from free use archive at Wikimedia Commons. The information within this video is for educational purposes only and should not be considered financial advice.
Views: 12904 BrotherJohnF
ECB leaves rates despite Cypriot - economy
 
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http://www.euronews.com/ As expected, the European Central Bank has kept the cost of borrowing unchanged at a record low of 0.75 percent. ECB President Mario Draghi and his policymakers are waiting to see whether the eurozone economy stabilises, or if the recent slew of weak economic data is the start of another downturn. After early signs of improvement in the eurozone economy at the start of the year, March marked a set back as Cyprus narrowly escaped a financial meltdown by securing a last-minute bailout and Italy struggled to end a post-election deadlock. At his post-meeting news conference Draghi faced questions on the central bank's view of the economy and the Cyprus rescue deal in which rich depositors in its banks had to forfeit some money. "In the coming weeks, we will monitor very closely all the incoming information on economic and monetary developments, and assess the impact on the outlook for price stability," Draghi said. Asked about Cyprus's initial decision to charge a levy on insured as well as uninsured banks depositors, Draghi said that was a mistake. "That was not smart, to say the least, and was quickly corrected," he said. Draghi also told reporters that Cyprus's bailout, including hitting wealthy depositors with losses, was not what would happen in further bailouts: "Cyprus is no template." As the world recovers from the financial crisis, the ECB has lent less support to the bloc's economy than its peers in Japan, the United States or Britain, which have launched massive asset purchase programmes with new money and cut rates closer to zero. *Grim figures* A survey released earlier on Thursday showed the eurozone's economic decline dragged on unabated in March, marked by a huge drop in French business activity that outstripped even the downturns in Spain and Italy. Eurozone economic sentiment has fallen after four months of gains, surveys showed manufacturing in the region fell deeper into decline and inflation eased to 1.7 percent, departing further from the ECB's target of below, but close to 2.0 percent. *Low rates, but low loans* The ECB's main worry is that its low rates are not reaching households and firms in the eurozone periphery, mainly because banks' funding costs in crisis stricken countries are higher than those in the core countries, pushing up loan costs. This affects small and medium-sized companies in particular as they have few alternatives to bank funding. Draghi said after the March policy meeting that the ECB was studying ways to address the issue, but that they were not planning "anything special". Since then, several policymakers have said a number of options were being looked at. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
SPD Bank Currency Exchange Machine - Shanghai
 
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I found this really convenient and reasonable way to exchange money in Shanghai, China. Basically the machine takes money and dispenses the local RMB currency! Thought I'd share it!
Views: 1008 Kim Le
Offshore banking with Bitcoin, why Cyprus matters
 
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A Bitcoin transaction services company says that hackers broke into one of its brokerage accounts last week, nabbing more than $12,000 worth of the digital currency. That attack knocked Bitinstant offline over the weekend. The company says that while it lost Bitcoins, no customers were affected by the hack. The criminals were able to take control of Bitinstant's internet domains by convincing its domain registrar, Site5, to hand over control of the company's Domain Name Service, or DNS. "Armed with knowledge of my place of birth and mother's maiden name alone (both facts easy to locate on the public record) they convinced Site5 staff to add their email address to the account and make it the primary login," the company said Monday in a blog post detailing the incident. With control of the DNS, the bad guys also had control over Bitinstant's email. They then did an online password reset at a Bitcoin exchange called VirWox and started emptying Bitinstant's account. The total haul: $12,480. The attack worked on the VirWox exchange because Bitinstant's account didn't have two-factor authentication. In other words, the criminals were able to empty out money with just a user name and password. "No other exchanges were affected," Bitinstant wrote, saying that the other exchanges it uses were protected by such security precautions as multi-factor authentication, Yubikeys, and auto lockdowns. Reached Thursday, a VirWox representative said that the exchange has had multi-factor authentication since September 2012. "Bitinstant was not using it (they learned and do now)," the representative said in an email message. This isn't the biggest Bitcoin heist. Last year, the Bitcoinica exchange was hacked twice, to the tune of more than 60,000 bitcoins. (A Bitcoin is worth more than $40 today; the Bitcoinica thefts were worth several hundred thousand dollars at the time.) That exchange eventually went out of business. Bitcoins have been getting a lot of attention lately. The Internet Archive is paying its staff members in Bitcoins. You can use them to shop at Amazon or even buy a pizza. But that has made them a more attractive target to hackers, who have taken to writing malicious software that steals Bitcoins out of digital wallets stored on people's desktop computers. Gaven Andresen, chief scientist with the Bitcoin Foundation, says he had a digital wallet swiped last year. It had been stored on an internet service provider's computer. But the thieves got away with only about $15. That's because Andresen stores most of his Bitcoins on an encrypted laptop that's not connected to the internet. "Right now, we're in the Wild West days of Bitcoins," he says. "And some of the smaller exchanges and smaller services just don't have their security up to snuff yet." Site5 and Bitinstant couldn't immediately be reached for comment. Source: http://www.wired.com/wiredenterprise/2013/03/digital-thieves-pull-off-12000-bitcoin-heist/
Views: 1768 Invest Offshore
Bank of Cyprus
 
02:01
VIDEO FINANCIAL REPORTING Why invest in is the first financial video platform where you can easily search through thousands of videos describing global securities. About The Video: We believe that complex financial data could become more approachable using friendly motion-graphic representation combined with an accurate selection of financial data. To guarantee the most effective information prospective we drew inspiration from Benjamin Graham’s book: “The Intelligent Investor”, a pillar of financial philosophy. For this project any kind of suggestion or critic will be helpful in order to develop and provide the best service as we can. Please visit our site www.whyinvestin.com and leave a massage to us. Thank you and hope you'll enjoy. IMPORTANT INFORMATION - DISCLAIMER THIS VIDEO IS FOR INFORMATION PURPOSES ONLY AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE. This video has been prepared by Whyinvestin (together with its affiliates, “Whyinvestin”) and is not intended to be taken by, and should not be taken by, any individual recipient as investment advice, a recommendation to buy, hold or sell any security, or an offer to sell or a solicitation of offers to purchase any security. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The performance of the companies discussed on this video is not necessarily indicative of the future performances. Investors should consider the content of this video in conjunction with investment reports, financial statements and other disclosures regarding the valuations and performance of the specific companies discussed herein. DO NOT RELY ON ANY OPINIONS, PREDICTIONS OR FORWARD-LOOKING STATEMENTS CONTAINED HEREIN. Certain of the information contained in this video constitutes “forward-looking statements” that are inherently unreliable and actual events or results may differ materially from those reflected or contemplated herein. None of Whyinvestin or any of its representatives makes any assurance as to the accuracy of those predictions or forward-looking statements. Whyinvestin expressly disclaims any obligation or undertaking to update or revise any such forward-looking statements. EXTERNAL SOURCES. Certain information contained herein has been obtained from third-party sources. Although Whyinvestin believes such sources to be reliable, we make no representation as to its accuracy or completeness. FINANCIAL DATA. Historical companies’ data, ratios, exchange rate, prices and estimates are provided by Factset research www.factset.com . Whyinvestin does not verify any data and disclaims any obligation to do so. Whyinvestin, its data or content providers, the financial exchanges and each of their affiliates and business partners (A) expressly disclaim the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. Neither Whyinvestin nor any of our information providers will be liable for any damages relating to your use of the information provided herein. Please consult your broker or financial representative to verify pricing before executing any trade. Whyinvestin cannot guarantee the accuracy of the exchange rates used in the videos. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates. You agree not to copy, modify, reformat, download, store, reproduce, reprocess, transmit or redistribute any data or information found herein or use any such data or information in a commercial enterprise without obtaining prior written consent. Please consult your broker or financial representative to verify pricing before executing any trade. COPYRIGHT “FAIR USE” Whyinvestin doesn’t own any logo different from the whyinvestin’ s logo contained in the video. The owner of the logos is the subject of the video itself (the company); and all the logos are not authorized by, sponsored by, or associated with the trademark owner . Whyinvestin uses exclusive rights held by the copyright owner for Educational purposes and for commentary and criticism as part of a news report or published article. If you are a company, subject of the video and for any reason want to get in contact with Whyinvestin please email: [email protected]
Views: 0 Why Invest In
Cyprus Banks to be taken over by Greek banks , Plus bitcoins comes to a peak?
 
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Views: 476 Barnone11970
Cyprus to pay in Euros-Report-EN-FRANCE24
 
02:43
At midnight on Dec. 31, the Mediterranean island will become part of the Euro zone. Cypriots are ready to take on both the benefits and the inconveniencies that the European currency carries with it. (Report: Alexia Kefalas) www.france24.com
Views: 565 FRANCE 24 English
किसी भी देश की करेंसी और मुद्रा का रेट पता करें ऐसे
 
03:01
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Views: 141766 PH PLUS
CURRENCY of the FUTURE?! World's First BITCOIN ATM in Cyprus [INFOWARS - Nightly News]
 
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While European politicos negotiate in Brussels, deciding the fate of other people's money in Cyprus, the free market has already moved in to help Cypriots get access to their money via other means... Banks have been closed for the last week in Cyprus and if they do re-open on Tuesday, it has now been announced that daily withdrawal limits at ATMs will be 100 euros per day. As the Cypriot Drama unfolds before our very eyes, I began pondering what tangible solutions there are to bank holidays and bank runs. What could I do to help in Cyprus and all other countries (like Spain, Greece and Italy) for which, as we have predicted at TDV, bank closures are coming? The answer wasn't hard to come up with. If these people had simply bought bitcoins with their savings, not only would they currently have 100% access to their funds, but also they would have enjoyed a parabolic move to the upside over past months. -... AN ENTREPRENEUR has announced he is keen to introduce in Cyprus the world's first ATM for virtual currency, bitcoin, which is not regulated by a central bank but has instead been growing via its online peer-to-peer community. Jeff Berwick, founder of StockHouse.com and CEO of TDV Media said on his blog on dollarvigilante.com that he plans to set up the world's first Bitcoin ATM in Cyprus to enable people to deposit flat currency into it and get bitcoins in their account, as well as put bitcoins in their account and get flat currency back. Bitcoin, which was designed and implemented by a mysterious programmer known by the pseudonym of "Satoshi Nakatomo," is based on a peer-to-peer network similar to the BitTorrent protocol for sharing files over the internet, the European Central Bank (ECB)has said in an October 2012 report on virtual currency schemes. It can be used as currency for a number of transactions, from internet services and online services to buying clothes, electronic goods, while a small number of restaurants, hotels and retail stores across the world do accept bitcoins. With restrictions likely in place when the banks do reopen, Berwick said he "began pondering what tangible solutions there (were) to bank holidays and bank runs." "If these people had simply bought bitcoins with their savings, not only would they currently have 100 per cent access to their funds, but also they would have enjoyed a parabolic move to the upside over past months," Berwick said. The currency is not pegged, with supply and demand determining the exchange rate. People need to download a free and open-source software to start using bitcoins that can be purchased using a currency, and are then stored in a digital wallet on users' computers or via online services. Transactions are not restricted by a Central Bank, are faster, and cheaper or free. Although users are drawn to the currency for transaction privacy and anonymity, the system has been criticised for being vulnerable to cyberattacks or for being attractive as an alternative currency to fund illegal activities. The ECB said in its report that it considered bitcoin "as a high-risk system for its users from a financial perspective" citing a number of issues that "raise serious concerns regarding the legal status and security of the system, as well as the finality and irrevocability of the transactions, in a system which is not subject to any public oversight". On the other hand, Berwick said that individuals have suffered "through the confiscation and devaluation of their savings through techniques like taxes, levies and inflation" by the ECB, the International Monetary Fund, and the German Federal Government. "I am convinced bitcoin will be the currency of the future... and all the attacks on it by governments and central banks shows they know it," Berwick said. finance yahoo, how to finance your money, finance 101, finance 101 wharton, finance 101 lecture, finance 1, personal finance 101, finance 240 sdsu, finance 201, finance 2014, finance 2, bitcoin finance 2014, finance 301, finance 5 program, finance 5, american economy animation, american economy collapse, american economy collapse 2014, when will american economy collapse, american economy documentary, american economy explained, american economy history, american economy may 2014, american economy shrinks, american economy today, how the american economy works, american economy 1950s, american economy 2014, global economy animation, global economic collapse, global economy documentary, global economy explained, global economy journal, global economy kagundu, global economy mean, global economy news, global economy outlook, global economy pdf, global economy ryan harvey, global economy reset, how does the global economy work, global economy zimmer, global economy 2014,
Views: 139 ThEconomyy
Cyprus video news
 
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Produced by Jazz Arts & Communications Ltd, Directed by Savvas Hadjigeorgiou, presented & written by Sarah Fenwick. A Limassol man killed his son Odysseas Themistocleous after a family argument over a trivial matter, according to police information. The two men argued over using the family car at 2.30pm on October 14th, and during the fight the father picked up a shotgun and shot his 19-year-old son in the abdomen, say police. The 70-year-old father was also injured during the fight to disarm him, and is in hospital after suffering a heart attack. If Timoleon Themistocleous survives, an arrest warrant is waiting for him upon his release from hospital. The murder has sent shock waves through Cyprus, which mourns over a man lost too young and asks whether the crime could have been prevented - and whether the real motive was a disagreement over using the car. The police have denied that there were any official allegations of domestic abuse against Timoleon Themistocleous, but our sources say there was a pattern of abuse in the family. The murder has also revived the debate over gun control – with the many hunters in Cyprus there are increased chances of family murders, and multiple tragic cases in the past support this view. As long as the taboo of silence persists in these extreme domestic violence cases, there is little chance of change, say experts. One billion Euros in Swiss Franc loans hangs in the balance as Cyprus lawmakers consider legislation to fix the problem of outrageous monthly payments for borrowers who took out mortgages in CHF, which rose strongly against the Euro in recent years. A legal precedent already exists on the basis of EU laws about unfair consumer contracts after Athens Court reduced monthly payments to the level of the EURCHF exchange rate that applied at the beginning of the loan, instead of the current rate. Forex markets are exceptionally volatile this year in the wake of the financial crisis and weak recovery in the European Union. The EURCHF was considered to be stable from 2004-2015, but when the Swiss National Bank unpegged the rate from 1.20 CHF per EUR, someone earning a salary in Euros suddenly found their installments rising by up to 15% or more as the Swiss Franc soared. Meanwhile, the local banking system has become even less flexible in the wake of the financial crash as reams of paperwork are demanded by the Central Bank for even the smallest loan, making it extremely difficult to transfer high-interest loans to another bank at a lower interest rate, even with collateral guarantees. After Turkey shot down what is thought to be a Russian drone on its border, and the US refused to receive a Russian delegation to discuss the situation in Syria, relations between Moscow and NATO are worsening. The US will not accept Russia’s delegation until it makes a constructive contribution, said the US press secretary. Russia is fighting on President Assad’s side – who is persona non grata for NATO allies. The situation is explosive given Turkey’s internal tensions and war with the Kurds, and the terrorist forces in Syria who stop at nothing. It’s difficult to see who will be the voice of reason, with Russia squaring off against the US. Meanwhile, thousands of Syrian refugees keep flooding into the EU via Turkey and the Mediterranean Sea. Thank you for watching CNR News Club Headlines. Please follow us on Facebook and Twitter, you'll see the links on your screen, or just search for CyprusNewsReport.com. You're more than welcome to join CNR News Club, visit www.cyprusnewsreport.com to learn more.
Views: 234 Sarah Fenwick
How is Argentina addressing their currency crisis?
 
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From the Turkish lira to the Argentine peso, currencies in emerging markets are in crisis. This year the peso has lost roughly half its value. The central bank has raised interest rates to 60%, the highest anywhere in the world. The tumbling currency has also forced President Mauricio Macri to take further action, including massive spending cuts and a loan from the IMF. Is that the way to stabilise the economy? Guests Arturo Porzecanski – Director of the International Economics Program at the American University in Washington Craig Copetas – TRT World Editor-at-Large Subscribe: http://trt.world/TheNewsmakers Livestream: http://trt.world/ytlive Facebook: https://www.facebook.com/TheNewsMakersOnTRTWorld Twitter: https://twitter.com/The_Newsmakers Instagram: http://trt.world/instagram Visit our website: http://trt.world
Views: 191 The Newsmakers
Cyprus - Banks Too Big To Fail, Country Too Small To Save
 
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Video theme song:http://www.youtube.com/watch?v=xTo7QIjq3hY A Useful Idiot gives a followup on the ongoing bankster rape of Cyprus, with all new gyrations, speculations, and negotiations with the ECB, IMF, and EU playing hardball (Hank Paulson style.)The desperation is ripe in the air and this will all happen very fast.It's hard to imagine what will happen if and when the banks open next week - a bailout, a meltdown, a euroexit? There are lessons for everyone here - the methods the banks and the IMF and ECB are using, the extreme imbalance between the financial sector as part of the economy, the exposure to sovereign bond losses, insider rescues,pension confiscations,and bank holidays and bank runs - all things we will all see again. Cyprus - what next? :http://pawelmorski.wordpress.com/2013/03/23/cyprus-the-operation-succeeded-shame-the-patient-died/ Cyprus Wednesday:http://www.huffingtonpost.com/2013/03/20/cyprus-banks-remain-closed_n_2917383.html Cyprus Thursday:http://link.ft.com/r/WDI4RR/IEPYL6/WB424/C4VYTE/NRCHGQ/RF/h?a1=2013&a2=3&a3=21 Cyprus bank imbalance:http://www.bloomberg.com/news/2013-03-18/cyprus-bank-assets-dwarfing-economy-to-make-aid-exception.html Eurozone threats:http://link.ft.com/r/J0VG55/HI3K1G/2CI4I/SP9H4U/VT4CN7/GX/h?a1=2013&a2=3&a3=21 Cyprus overview:http://www.nakedcapitalism.com/2013/03/cyprus-bailout-stupidity-short-sightedness-something-else.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29
Views: 201 A. Useful .Idiot
First day of the Euro currency in the country
 
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1. Wide of National Bank of slovenia 2. Sign outside bank 3. Man changing money in bank 4. Man picking up euros 5. Bank teller counting out euros 6. Man picking up euros 7. Man and woman at bank counter 8. Man at bank counter in background, Slovenian and European flags in foreground 9. Poster explaining the exchange rate 10. Pan from woman at bank counter to bank teller 11. Bank teller counting out euros 12. Woman taking euros 13. Wide of posters explaining currency change 14. Wide of main square 15. Ljubljana flag on top of building 16. Wide of town 17. Slovenian, Ljubljana and European flags on building 18. People in street 19. Wide of caf� 20. People sitting in caf� 21. SOUNDBITE: (English) Andre, Resident of Ljubljana: "The Euro in Slovenia is definitely cool because it's nice to have a common currency, strong currency, so I just paid for me first coffee, yes with tolars but I got euros back so I like it." 22. People in caf� 23. SOUNDBITE: (English) Matejaz, Resident of Ljubljana: "I also think euro is a good thing for Slovenia. We live near the border with Austria so a common currency can be useful. It's a strong currency, we are happy to have it." 24. People paying for drinks (AUDIO: Music) 25. Close-up of person's hands as they hand over coins to pay 26. Man paying for drinks 27. poster comparing prices in tolars and euros 28. Woman in caf� 29. Various of people in shop paying for goods in euros 30. Shop assistant taking tolars from woman in payment but giving change in euros 31. Close-up of till draw with euros in 32. Man paying for goods in shop 33. Wide of people walking into shop, poster in shop window explaining euros STORYLINE: Slovenia adopted the Euro on Monday, becoming the thirteenth EU (European Union) nation to use the single European currency. The Slovene tolar and the euro will be in dual use until January 15, when the euro will officially take over as the country's sole legal tender. Prime Minister Janez Jansa called the switch the biggest national achievement since the tiny Alpine country of two (m) million joined the EU in 2004. Slovenia, a former Yugoslav republic, is the only one of the ten nations that joined at that time to have fulfilled the rigorous economic criteria needed to join the euro zone. More than two-thirds of the country's cash machines were fully operating in euros by late morning, while gas stations and highway toll booths switched immediately as the New Year kicked off. There were no reports of any glitches. A recent EU survey showed more than 70 percent of Slovenes happy to embrace the euro, with many saying they see it as further proof they are part of mainstream Europe. Andre, a resident of Slovenia's capital Ljubljana, said it was "cool" that his country had changed to the euro. "It's nice to have a common currency, strong currency," Andre said. "I just paid for me first coffee, yes with tolars but I got euros back," he added. Matejaz, who also lives in Ljubljana, agreed that changing to the euro would be good for Slovenia. "We live near the border with Austria so a common currency can be useful," Matejaz said. Slovenes adopted the currency at a rate of 239.640 tolars to one euro as of January 1. To preserve its national identity in the uniform euro zone, Slovenia used its right to display its national symbols on the euro coins it mints in the country. Only 20 years ago, Slovenia was a communist republic with annual inflation running up to 1,500 percent; now inflation is 1.9 percent, lower than Germany's. Its economic growth was four percent last year, well above the EU's average of 1.4 percent. The addition of Slovenia expands the euro zone to a population of 316.6 (m) million. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/f260bccd8f452c0a269bd085a986923a Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 2216 AP Archive
Turkish currency sees short-term gains after rate hike | Money Talks
 
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The Turkish lira has been on a roller coaster. After hitting a record low on Wednesday, the central bank had an emergency meeting and hiked a key interest rate by a massive 3%. The currency bounced back briefly, but selling prevailed by Thursday. Mobin Nasir reports. We spoke to Taha Arvas, a Turkish financial columnist at the Daily Sabah newspaper, who says investors want to see more details of how the government is planning to reform the economy. And Furkan Unal, Chief Financial Officer of Turkish iron and steel giant Kardemir- a company in the Borsa Istanbul 100 index- joins us in the studio.
Views: 580 TRT World
How to Auto Insert All Currency Symbol in MS Excel
 
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Auto Insert Any Country's Currency Symbol in MS Excel click here for more detail... http://www.bsocialshine.com/2016/02/how-to-auto-insert-all-currency-symbol.html Afghanistan afghani Guinea franc Algeria dinar Guyana dollar Andorra euro Haiti gourde Argentina peso Honduras lempira Australia dollar Hong Kong dollar Austria euro Hungary forint Bahamas dollar Iceland Krona Bahrain dinar India rupee Barbados dollar Indonesia rupiah Belgium euro Iraq dinar Belize dollar Ireland euro Benin franc Israel shekel Bolivia boliviano Italy euro Brazil real Ivory Coast franc Brunei dollar Jamaica dollar Bulgaria lev Japan yen Cameroon franc Jordan dinar Canada dollar Kenya shilling Cayman Islands dollar Kuwait dinar Central African Rep. franc Lebanon pound Chad franc Luxembourg euro Chile peso Malawi kwacha China yuan Malaysia ringgit Columbia peso Maldives rufiyaa Congo franc Malta euro Costa Rica colon Mauritania ouguiya Cuba peso Mauritius rupee Cyprus (Greek) euro Mexico peso Cyprus (Turkish) lira Mongolia tugrik Czechoslovakia koruna Montenegro euro Denmark krone Morocco dirham Djibouti franc Nepal rupee Dominican Rep. peso Netherlands euro Ecuador dollar New Zealand dollar Egypt pound Nicaragua cordoba El Salvador colon Niger franc Ethiopia birr Norway krone Fiji dollar Oman riyal-omani Finland euro Pakistan rupee France euro Papua New Guinea kina Gabon franc Paraguay guarani Gambia dalasi Peru inti Germany euro Philippines peso Ghana cedi Poland zloty Greece euro Portugal euro Guatemala quetzal Qatar riyal Thailand baht Romania leu Togo franc Saudi Arabia riyal Trinidad & Tobago dollar Senegal franc Tunisia dinar Serbia dinar Turkey lira Seychelles rupee Uganda shilling Sierra Leone Leone United Arab Emir. dirham Singapore Dollar United Kingdom pound Slovakia koruna United States dollar Slovenia euro Uruguay peso Solomon Islands dollar Venezuela bolivar Somalia shilling Vietnam dong South Africa rand Western Samoa tala South Korea won Zambia kwacha Spain euro Zimbabwe dollar Sri Lanka rupee Tanzania shilling Sudan dinar Syria pound Suriname guilder Taiwan dollar Sweden krona Switzerland franc
Views: 44662 MJ Tube
Cypriot investigator tells euronews of financial inquiry
 
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http://www.euronews.com/ Michael Sarris might have stepped down from the Cypriot finance ministry, but he has not stepped out of the spotlight. The now-defunct Laiki Bank, which he headed last year, had become deeply involved in the now-virtually-defunct Greek economy. euronews spoke to the Cypriot Attorney-General Petros Clerides, one of three judges appointed to investigate. "It seems that he (Sarris) resigned because one of the issues under investigation is the Emergency Liquidity Assistance money they took via the ECB - he was head of the Laiki Bank when most of that happened." Relatives of the president are alleged to have transferred funds out of Cyprus before the banking freeze. "There are political names, but that does not necessarily mean that have done anything wrong," Clerides told us. "Of course if we start talking about large amounts of money, then things get worse. There are people close to the president, his family, and he actually asked for the investigation to start with him and his family." The inquiry will also look into the role Greece played. Greek branches of Laiki Bank were sold and about 500 staff there were laid off. "It is very possible, almost certain, that there are people from Greece among those who took interest-free loans," Clerides added. The Laiki logo has most likely faded from the spotlight for the last time, consigned to the scrapheap. The bank's 8,400 workers also face an uncertain future. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
Pakistan Currency Comparison With Most Valuable Currencies in Asia
 
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Money plays an important role in today’s world. Asia is home to some of the most expensive currencies in the world. The Kuwait dinar is not only Asia’s most valuable currency but also the most valuable in the world. 5) Azerbaijani Manat (1 Azerbaijani Manat = 66.35 Pakistani Rupee) 4) Jordanian dinar (1 Jordanian dinar = 147.73 Pakistani Rupee) 3) Omani Rial (1 rial = 147.73 Pakistani Rupee) 2) Bahraini dinar (1 dinar = 277.73 Pakistani Rupee) 1) Kuwaiti dinar (1 dinar = 346.64 Pakistani Rupee) You can Like, Comment and Subscribe Here; https://www.youtube.com/channel/UCdV4gLyfdkU03FYM4-pjq5g You can also visit Here: https://www.facebook.com/movieentertaiment/
Views: 113543 Giza TOP 10
Ian Fraser 2 Cyprus Bailout IMF ECB are New Feudal Overlords
 
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former financial editor of the Scottish Sunday Herald now London based blogger Ian Fraser on the Big Bang open season on fraud indicated by the Court Of Appeal overturning four fraud convictions in the County NatWest Blue Arrow rights issue where dealers fraudulently misrepresented the share price. European Central Bank (ECB), European Union (EU) & International Monetary Fund (IMF) or Troika impose one off tax of between 6% & 10% on Cypriot bank accounts in exchange for bailout. Blue Arrow, County Nat West trial, rights issue for Manpower buyout; financial bribes for Libor rigging. Libor 'Rain Man' dealer Tom Hayes was known to be the best Libor fixer in the business. Hayes' pay package more than doubled from $2m to $5m when he moved from UBS to Citi bank, however, he was fired by Citi in September 2010 and in December 2012 he was arrested by London's Serious Fraud Office (SFO) and bailed without charge. Separately, he was charged with wire fraud, price-fixing and conspiracy by the US Department of Justice and his extradition requested. According to an article in the Wall Street Journal, Hayes is now turning queen's evidence, 'singing like a canary', and seeking to prove to the authorities that Libor rigging was condoned at the highest levels at his former employers. Jennifer Arcuri, a close friend of Hayes, said he is helping police with their inquiries. He believes he's innocent, Arcuri told the WSJ. She added that trying to rig Libor was common industry practice. It was like spanking children in the 1970s -- condoned from the top. Trader Roger Darin also charged with conspiracy, wire fraud and an antitrust violation; financial press too close to the city; Cyprus and contagion; the ECB as Europe's feudal overlord. http://www.radio4all.net/index.php/program/67196
Views: 199 PublicEnquiry
EU banking regulator warns of virtual currency risks
 
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The European Union banking regulator has warned of the potential risk of using virtual currency Bitcoin, which consists of program code and is not regulated by any country. The European Banking Authority is concerned that the currency does not offer protection to its consumers or mechanism for compensation. The regulator emphasized that digital currencies are facing sharp fluctuations in exchange rates, and that the Bitcoin market price has varied between less than $300 to over $1000 per unit.
Views: 12920 Global Report News
Financial analysis from Paris, Rome and Frankfurt of Cyprus crisis
 
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Frankfurt, Germany 1. Various of trading floor of Frankfurt stock exchange ++MUTE++ 2. SOUNDBITE (German) Robert Halver, head of market research Baader Bank AG: "What has been done in Cyprus is an experiment. If the population has to, in the form of their savings, contribute to rectify the mistakes that have been made in Cyprus then there is a danger that in other countries people will decide, at the breakfast table, to withdraw their money. If money is withdrawn on a great scale , if we have a bank run, then we see the return of the bank crisis. There should be an amendment, something like an exemption allowance of 25-30 thousand euros (32-39 thousand US dollars) so that small time bank clients are not being punished." 3. Various of traders ++MUTE++ 4. SOUNDBITE (German) Robert Halver, head of market research Baader Bank AG: "I have seen that the Spanish and Italian banks have lost massively this morning, partially up to four percent, which means there is a huge danger that money has been withdrawn. We have just managed, with a lot of help from the ECB (European Central Bank), to end the bank crisis and it would not be good if those problems start again. If bank clients lose just a bit of their money, trust is lost and that just cannot happen." 5. Mid of trading floor Rome, Italy 6. Long shot of Coliseum with traffic in foreground 7. Wide of financial analyst Marco Elser in his office, looking at screens and graphs 8. SOUNDBITE: (English) Marco Elser, financial analyst: "If that is the price to pay, to keep Europe afloat, that's going to be the price. Cyprus is a very small country, Cyprus believed in its north-easterly neighbour, Greece, made huge investments in Greece, because bear in mind that Cyprus is half Greek, half Turk. And when Greece defaulted it was the case of one bad mushroom, really damaging a very, very good mushroom, because Cyprus really was a good little mushroom, it worked fine, but it got just overwhelmed by the Greek default." 9. Mid of Elser looking at screens Paris, France 10. Wide interior of KBL Richelieu investment managers 11. Chief Investment Officer for KBL Richelieu, Nathalie Martin-Pelras walking in office "Ever since the words of Mario Draghi (European Central Bank President) last summer we were under the impression that things would be resolved on their own. One would have thought that the impact of Cyprus would have been so small considering it's only one percent of the GDP of the Eurozone, it didn't amount to much. But on the other hand we see that, since these measures which have never been used, and there are these small nations within which their banks are not solvent and are in need of financing, this has reminded us of the Greek problem - because Greece and Cyprus are in close proximity. So, is the Greek problem going to be solved? So now this has created an issue where we no longer know what is going to come along tomorrow." 13. Cutaway fund manage seated at his desk 14. SOUNDBITE (English) Nathalie Martin-Pelras, Chief Investment Officer, KBL Richelieu: "It's another rock on the uncertainty of the Eurozone. Even if Mr Draghi said it was going to be okay because the ECB will always be there, so I think there is no fear about the Eurozone exploding again. The fear is that what will be the other new problem that we didn't anticipate? It's not a crisis like the old one - will the Euro survive? It's more, what will be the next, and what will be the collateral damage of the Cyprus problem?" 15. Mid of office STORYLINE: Stocks around Europe fell sharply on Monday as investors gave their initial verdict to a weekend plan to tax depositors in Cypriot banks as part of a bailout of the Mediterranean island nation. Germany's DAX fell 1.1 percent to 7,954 on Monday morning. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/6474ff99ea93e5002f8303795f7ef826 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 35 AP Archive
Has Cyprus made hedging corporate risks more expensive?
 
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With the events in Cyprus and Italy, can we expect volatility and risk to increase the cost of corporate hedging? Currency Strategist Shant Movsesian of 4CastWeb and derivatives expert Carlo Scotto of SuperDerivatives got together to discuss the consequences of Cyprus and its repercussions for the EU Banking System on risks in the market and levels of volatility.
Peter Schiff on BULLION BANKS, and the Hidden Trove of QE Money [PRIME INTEREST E024]
 
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Peter Schiff on BULLION BANKS, and the Hidden Trove of QE Money [PRIME INTEREST E024] Subscribe here for more Max Keiser & Financial crisis news: Here's what's in your Prime Interest today: The world's most powerful monetary manipulator, Chairman Ben Bernanke, told Princeton grads over the weekend to "Call your Mom and Dad, once in a while." He also said "If your uniform isn't dirty, you haven't been in the game." Well, after four and a half years of near-zero-interest-rate-policy -- aka money printing -- we're afraid to see just how dirty the Chairman's uniform is at this point. But don't worry. After channeling poet Robert Burns and Forrest Gump, the Chairman closed -- in Truman-esque fashion: "Give 'em hell." And that's about what we can expect once the Fed "tapers" away the punch bowl. Perianne talks about the Fed and gold with Peter Schiff. And Prime Interest Producer, Justine Underhill presents a chart to explain just exactly what the Fed has been doing vis a vis QE. Also, in the US, the big banks have had to submit "living wills" to regulators -- basically, a blueprint for their wind-down should they become insolvent -- or, more insolvent, we guess. But the central bank of central banks, which is the Bank for International Settlements, just came out with its own plan for how to deal with too-big-to-fail. It's "simple," they say. Just let the creditors and depositors take losses -- a la Cyprus -- and force the creditors to recapitalize a new banking entity. This presupposes the creditors have the money to do this. After all, if a too-big-to-fail bank goes down, we're assuming all is not well in the land of Oz. commodity price inflation forex currency trading fx currency trading euro converter exchange euros money currency currency rate currency converters money rate currency credit credit consolidation credit credit the capital card credit creditcard debit how do i get a credit report credit history report debit card credit rating investment capital capital investment free credit report credit line capital mortgage financial news cibc mortgage rates obama mortgage relief mortgage protection stock exchange what is apr online gold trading forex gold gold trade trade gold gold mine price of silver gold future gold funds keiser max kaiser forex investment investment forex online investment account bank how to investment funds bonds savings investments invest mutual fund mutual funds commodities hedge fund investment banking property investment investment banks finance yahoo, how to finance your money, finance 101, finance 101 wharton, finance 101 lecture, finance 1, personal finance 101, finance 240 sdsu, finance 201, finance 2014, finance 2, bitcoin finance 2014, finance 301, finance 5 program, finance 5, american economy animation, american economy collapse, american economy collapse 2014, when will american economy collapse, american economy documentary, american economy explained, american economy history, american economy may 2014, american economy shrinks, american economy today, how the american economy works, american economy 1950s, american economy 2014, global economy animation, global economic collapse, global economy documentary, global economy explained, global economy journal, global economy kagundu, global economy mean, global economy news, global economy outlook, global economy pdf, global economy ryan harvey, global economy reset, how does the global economy work, global economy zimmer, global economy 2014,
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