All posts in " dollars "

Migrant workers in Qatar World Cup city ‘owed thousands of dollars in wages’

By ethan / September 26, 2018

Migrants working on infrastructure in the city that will host the 2022 World Cup final in Qatar are owed thousands of dollars in wages, leaving many of them impoverished and stranded, a damning new report claims. The company at the center of the allegations, Mercury MENA, is involved in the construction of key infrastructure in […]


Washington froze Russian assets in US worth hundreds of millions of dollars – US Treasury

By ethan / August 21, 2018

Russian-owned assets in the United States worth hundreds of millions of dollars have been frozen as part of Washington’s sanctions campaign against Moscow since 2013, said US Deputy Secretary of the Treasury Sigal Mandelker. “The actions of the US Treasury have had significant consequences for the financial interests of individuals and businesses that were affected, […]


Europe running out of dollars as US coaxes companies to bring money home

By ethan / March 20, 2018

The European inter-bank market is going through the biggest shortage of US-dollar liquidity in nearly nine years. According to analysts, US tax reform may be behind the largest deficit since the financial crisis. As the Federal Reserve took a more hardline position towards the US monetary policy, LIBOR, a benchmark rate tied to finance products […]


Cryptocurrency market loses over half a trillion dollars this year

By ethan / February 6, 2018

The biggest sell-off in cryptocurrency market history has wiped out around $ 550 billion since January 7, when the market capitalization reached a record $ 836 billion. Read more On Tuesday, the cryptocurrency market capitalization sank below $ 300 billion for first time since November, according to CoinMarketCap data. The top 10 digital assets by […]


Turks follow Erdogan's call to get rid of dollars & buy gold

By ethan / November 15, 2017

Published time: 15 Nov, 2017 10:42 The latest World Gold Council report shows Turkey has sharply ramped up gold buying with both the central bank and ordinary people joining the rush. “Bar and coin purchases, a measure of investment demand, were 47 metric tons so far in 2017, compared with 14.8 tons in the same […]


Russia to invest billions of dollars in Saudi Arabia’s future megacity

By ethan / October 26, 2017

Published time: 26 Oct, 2017 09:35 Russia wants to be an investor in Saudi Arabia’s project to build the Neom megacity, which will be 33 times bigger than New York City. The project will be financed by the Saudi government and private investors and powered entirely by wind and solar energy. “The Russian Direct Investment […]

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