Loading...
de

xysoom’s Blog

Faced with increased inflation, rising unemployment and slow economic growth, the lira is under increasing pressure. The Turkish central bank has withdrawn millions of dollars from foreign exchange reserves this year to buy lira and support the exchange rate of the lira against the dollar, significantly reducing the country's net forex reserves from US$ 40 billion at the beginning of the year to just about US$ 25 billion.To get more news about WikiFX, you can visit wikifx news official website.
  Nevertheless, the lira has fallen by 17% this year. Before the coronavirus outbreak, the Turkish economy was already under pressure. Now, after struggling with nearly two years of currency depreciation, high debt and rapidly disappearing foreign exchange reserves, the country with a population of 82 million is in a particularly bad situation and remains vulnerable to the shock of the pandemic. The country's unemployment rate was close to 14% in January, before the economy was even affected by the coronavirus. In the near future, Turkey's massive tourism industry will also face destruction.
  Due to the impact of the epidemic, global economic activities and trade have declined significantly. Forex reserves of emerging market countries are shrinking inevitably as they face tremendous pressure. Driven by risk aversion sentiments and similar demands, the global dollar shortage is further intensifying.
Recently, the WikiFX APP updated a new version with a new function - “Detailed Credit Report”. Get to know the original data of broker by one-click, and this credit report covers dozens of types of data of broker. Whos been swimming naked when the tide goes out? Users will know it with the help of the function.
  On the first page of the report, users can understand the risk level of their target broker. And the report comprehensively analyzes users target broker from many aspects, such as company profile, regulatory information, software identification, rights protection, trading environment rating and genealogy etc.. Users can easily get the overall information of broker by just one-click.
  Through the WikiFX APP, general users will have 10 chances to read brokers in-depth credit report, with different reading requirements that they can read it online or send it by email.
  Follow the steps below to get a broker's credit report:
  1. Enter the target brokers page and find “Report”
  2. Touch the “Email Address” or “Online View” in the upper right corner

  3. Press “Get the report” to check it
Zerodha is an Indian retail equity broker that claims itself to be No.1 in India, but except for the broker‘s marketing efforts, it’s hard to say how much Zerodha deserves this title.
  On April 29th, 2020, Zerodha was showered by complaints from investors, making everyone wondering about what happened.To get more news about WikiFX, you can visit wikifx news official website.
  WikiFX team tried to log on Zerodhas mobile trading platform Kite, but it failed to respond for a long time, while the trading platform online had the same issue.
  During the difficult process, the following error prompts kept popping out:
  “Error while fetching chart data. Please refresh again.
Yet Zerodha still brags about how its platform has “made investing easier for clients”.
  What‘s more, despite the heavy complaints, Zerodha kept on making social network posts as if nothing happened, neither did they respond to clients’ complaints by offering an explanation or apology, leaving a series of questions unanswered: Why didn‘t Zerodha apologize to the complainants? Why wasn’t Zerodha investigated by SEBI, the regulator that supposedly oversees the broker? And who should be held accountable for investors losses?
  A victim complained that he and thousands of victims like him had lost most of their investments at Zerodha, and they no longer believe in Zerodha or its so-called SEBI regulation. The investor suffered heavy losses due to latency of Zerodhas trading platform.
Bombarded with complaints from victims, Zerodha has lost its credibility among investors. The frequent issues of latency, inaccurate quotes and order execution failure within just a month make this broker appear more like an illegal broker, rather than a compliant one.
  Per checking WikiFX App, Zerodha has a poor rating of 1.24 and is currently unregulated. In the past 2 weeks, WikiFX received massive complaints against this broker, so investors should definitely watch out for it and always remember to check a brokers compliance and qualifications before investing.
  Up till now, WikiFX App has recorded the profiles of nearly 18,000 brokers around the world, integrating forum, exposure, inquiry, news feed and other functions to better protect investors asset safety.
May 13th, from WikiFX news. US overnight core CPI in April experienced the sharpest month-on-month decline in history, falling 0.8% after seasonal adjustment to a record low since November, 2008, while core CPI shrank 0.4% annually.To get more news about WikiFX, you can visit wikifx news official website.
  Facing the recession caused by the pandemic, US Federal Reserve lowered benchmark interest rate to nearly zero on March 15th, while multiple Fed policymakers noted that the Fed will take all necessary measures to alleviate economic impact of the massive lockdown measures.
  Fund managers and economists observe theres little chance the Fed will reduce rate to the negative range, as under negative rate, financial institutions must pay the central bank interest rate on excess reserves - the capital reserves held by the bank or financial institution in excess of what is required by regulators.
  In that way, the central bank can push cash-holding institutions into increasing corporate and consumer loans.
  The European Central Bank (ECB) introduced negative interest rates earlier in June, 2014, reducing the deposit interest rate to -0.1% to revive economy. The Bank of Japan (BOJ) implemented negative interest rates in January, 2016, mainly to prevent the yen ‘s unpopular appreciation from damaging the country’s export-dependent economy.
Illegal Broker Blamed Pandemic and the Bank for Withdrawal Failure


While multiple brokers have seen a boom in transaction volume during the epidemic, some have experienced withdrawal issues and blamed it on the banks that remained closed due to lockdown measures. Is that what's really happening? Take a look at this case below.To get more news about WikiFX, you can visit wikifx news official website.
  Event recap
  In August 2019, the complainant Mr. Jung opened an account and deposited on the trading platform of Forman Forex, a broker that prides itself on a long history in the trade and claims to hold ASIC license. In the first few tradings, Mr. Jung generally made good returns, so he gradually dispelled doubts about the platform. For the rest of 2019, Mr. Jung's trading operations and withdrawals on the platform had no problems, and everything seemed to go well.
  However, the sudden coronavirus outbreak dealt an unexpected hard blow on Mr. Jung's transactions. Under the influence of the epidemic, Mr. Jung's transaction frequency decreased significantly, while the withdrawal applications submitted at this time failed to be approved in time as before. In several occasions Mr. Jung had to cancel the withdrawal application after waiting for many days in vain.
  But when he applied to withdrawal again on March 19th, the application was soon shown as completed on the MT5 trading software. However, after waiting for a long time, Mr. Jung still didn't receive the withdrawn funds.
  Mr. Jung immediately contacted the platform but was told that the above delay was because the bank hadn't resumed usual business during the epidemic lockdown. But as time goes by, Mr. Jung's withdrawal still failed to arrive even after the bank processing transactions of Forman Forex already resumed business on a large scale, while his recently-submitted withdrawal application had not been approved and remained in progress.
  The broker claims to hold a valid regulatory license granted by ASIC, but according to investigation, both of the broker's licenses are invalid. The investment consulting license limits the licensee's business scope to financial consultation services and doesn't qualify the broker for providing services involving forex and other financial derivatives products. Meanwhile, the MM license(regulatory number 403863) the broker claims to hold actually belongs to another broker Synergy, not Forman Forex. In addition, according to WikiFX's on-site investigation, Forman Forex's office is not located at the claimed address.
  Up to now, WikiFX App has included profiles of about 18,000 global forex brokers. If you have any question about a broker's qualification, you may check the broker's profile on the WikiFX App. WikiFX has also released the new feature of “Wiki Fair”, a forum where investors can discuss forex trend and expose illegal brokers.
Kobe Bryant and his daughter, Gianna, were among nine who died in the crash
  A post-mortem examination of the helicopter crash that killed basketball star Kobe Bryant has ruled blunt force trauma as the cause of death for all nine victims.To get more news about WikiFX, you can visit wikifx news official website.
  The 180-page report also found that the pilot, 50-year-old Ara Zobayan, tested negative for drugs and alcohol.
  The cause of the 26 January crash, which occurred in California amid heavy fog, is still being investigated.
  Bryant's 13-year-old daughter, Gianna, was with him on board the helicopter.
  The passengers - which included two of Gianna's basketball teammates, their relatives and a coach - were on their way to a tournament in Thousand Oaks where Bryant had been set to coach.
  A giant who had his controversies
  Gianna Bryant: The basketball talent killed alongside father
  Petition calls for Bryant to be on NBA logo
  Alyssa Altobelli, John Altobelli, Keri Altobelli, Payton Chester, Christina Mauser all died alongside the Bryant's and pilot Ara Zobayan when the helicopter crashed into a hill just north of Los Angeles.
  “On Jan. 28, the cause of death for all nine victims was ruled as blunt trauma,” the examination said. “The manner of death was certified as an accident”.
  The results of the post-mortem examination were posted on the website of the Los Angeles County Medical Examiner-Coroner office on Friday.
Media captionSite where basketball legend Kobe Bryant was killed in a helicopter crash
  Bryant, a five-time NBA champion, played for the LA Lakers throughout his career and is considered one of the greatest players in the game's history.
  He retired in April 2016 after a 20-year career with the team.
  Lawyers for his widow, Vanessa Bryant, have filed a lawsuit against the company that operated the helicopter.
  It alleges that Zobayan - who died in the crash - did not assess weather data before taking off.
  Separately, earlier this year, the sheriff of Los Angeles County said eight deputies had admitted possessing graphic photos of the crash site.
  Alex Villanueva said he was “devastated and heartbroken” by their conduct. He said he had instructed the deputies to delete the images.
If you want to find a good job, you can support your family. As we all know, employers need you to have a diploma. So it may be a good choice to buy a Malaysian diploma. Indi university has developed into Malaysia’s leading higher education institution in the education sector. buy fake diplomas, how to make INTI diploma seal, fake certifications,INTI International University fake diploma. And order fake INTI diploma and diploma paper size. lost my diploma. Buy fake diploma in Malaysia. Still the school adheres to the idea of providing all-round education, adheres to the idea of creating excellent academic and sound personality students, and cultivates a large number of elites for Malaysian society. Under the guidance of high-quality courses and teachers, the employment rate of Indy university business school graduates in Malaysia has reached more than 91% even though they have not yet obtained the graduation certificate.To get more news about where to buy passport in singapore, you can visit 45degreesdesign news official website.
However, as the largest AUP provider in Malaysia. Indie International University has established cooperation with more than 300 universities around the world. Buy fake INTI International University fake diploma. buy diploma from Malaysian. which are located in the United States, Canada, Australia, the United States and New Zealand. Students complete two-year courses at indie. Transfer the remaining credits to cooperative universities in Europe. And the United States (including the eight Ivy League universities in the United States and Australia). and the University reduces credits according to the comprehensive conditions of students. so as to build a platform for students to apply for world-famous universities. Still The joint curriculum is the representative of Malaysia’s higher international education. It is a unique education mode, that is, Malaysia’s colleges. And universities carry out joint teaching with European and American universities.
Needless to say, the economy will restart after the coronavirus disease passes. Do you need a diploma to get a job? Buy fake City & Guild level 5 NVQ diploma. How to buy fake City & Guild level 5 IVQ diploma? Buy fake diploma. In 1876, 16 of the London paint companies held a meeting to establish the London Association of Technical Education Colleges (CGLI). Still The officials of the association are to improve the training of rival craftsmen, engineering technicians, engineering technicians, and professional engineer. The two main goals are to create a central institution in London to replace the technical subjects for the qualification examination system. It was not possible to immediately find a sufficiently large venue inside the City of London as their central institution, together on the land occupied by the CGLI exhibition road building in South Kensington. And although its headquarters is at Gresham College in the city. At that time, John Watney (John Watney) served as the secretary of the Grisham Committee and CGLI. A school on Cooper Street by the city ’s roads offers evening schools to provide chemistry. And physics guidance for those who wish to continue their education after a day ’s work.To get more news about <b>where can you buy passport </b>, you can visit 45degreesdesign news official website.
With great success, a new school building must be found on nearby Leonard Street. Which was officially opened as the Finsbury Technical College on February 19, 1893. Buy fake City & Guild level 5 NVQ diploma. Buy fake diploma. buy fake diploma from UK. The director of the institute at the time was the later university congressman Finsbury College. Which was originally the first of many tutoring colleges in the central institution. But it was almost the only college founded. Finsbury College continued to exist independently until 1926. in Kennington, South London. And its purpose was to provide sculpture. Founded in 1879. Still the art school began to establish close cooperation with the City and Guild College. This continued until 1971, when the art school became an independent charity.
Plans underway to restart the economies of Canadian provinces do not depend on presuming people who become infected with coronavirus develop immunity to it, Canadian Prime Minister Justin Trudeau said on Saturday.To get more news about WikiFX, you can visit wikifx news official website.
  The World Health Organization said earlier that there was “no evidence” that people who have recovered from COVID-19 and have antibodies are protected from a second infection.
  “I don't believe there are any plans that hinge on certain people being immune to COVID-19,” Trudeau said in his daily briefing in Ottawa, adding that provincial plans focus on preventing the spread through social distancing and protective equipment in workplaces.
  “(Immunity) is something we need to get clearer answers to and until we have those clear answers, we need to err on the side of more caution.”
  In a scientific brief, the United Nations agency warned governments against issuing “immunity passports” or “risk-free certificates” to people who have been infected as their accuracy could not be guaranteed.
  New Brunswick is the first Canadian province to begin reopening parts of its economy and Saskatchewan has outlined a plan to start reopening in May.
  Trudeau met with provincial premiers on Friday to discuss their restart plans. Measures will differ as infection rates vary among provinces, but require national coordination, he said.
  Canada's death toll from COVID-19 rose 7% to 2,350 from a day earlier. Cases reached more than 44,000.
  Some 80% of Canada's cases are in Quebec and Ontario, where there are numerous outbreaks in nursing homes.
  Even so, a small protest outside the Ontario legislature on Saturday demanded the easing of public health measures.
  “It‘s irresponsible, reckless and it’s selfish,” Premier Doug Ford said of the call to loosen restrictions, speaking at a briefing. “It burns me up.”
  Such protests have been smaller in Canada than in the United States, where Republican politicians and individuals affiliated with President Donald Trumps re-election campaign are organizing or promoting anti-lockdown protests.
  Also Saturday, Trudeau announced funding for the country's fish and seafood processors whose businesses were harmed by the coronavirus pandemic.
  The government will provide C$62.5 million ($44.32 million) in financing to buy protective equipment for workers or storage space for products to sell them later.

US banks earned $10 billion in two weeks processing the loans from the government scheme to protect small businesses from financial ruin during the coronavirus crisis, according to an NPR report.The rescue plan worth $349 billion offered businesses loans of up to $10 million to thousands of US companies and were guaranteed by the federal Small Business Administration.The banks charged a transaction fee of 5% on loans worth less than $350,000, while on loans worth between $2 million - $10 million, the cost was 1%.The banks defended the massive windfall of loan transaction fees, saying that processing the loans involved complicated vetting procedures.Treasury Department guidelines are less rigorous than for regular loans, and the taxpayer provides the funding, so there is little risk for the banks.Visit Business Insider's homepage for more stories.To get more news about WikiFX, you can visit wikifx news official website.
  Banks have earned a quick $10 billion processing US government loans to small businesses affected by the coronavirus crisis, according to a new report.The $350 billion rescue program aims to funnel cash to small businesses distressed by the economic blows of the COVID-19 crisis.In two weeks, banks including JP Morgan, Bank of America, and PNC Bank vetted thousands of applications for federal loans of up to $10 million. Transaction charges start at 5% for loans under $350,000, reducing to 1% for loans between $2 and $10 million, according to NPR.The loans are guaranteed by the government, and the guidelines issued by the Treasury Department indicate that they require less vetting than regular loans. There is no risk to the banks which are merely the middlemen.
  The banks have defended the costs, arguing the vetting process for each loan can still be complex. In an email statement seen by NPR, Bank of America said the program included “collecting, personally examining, and storing data” that is required for each application.One example highlighted by NPR was on April 7, when the parent company of Ruth's Chris Steak House, RCSH Operations LLC, received a loan of $10 million. JPMorgan Chase & Co., took a $100,000 fee on the one-time transaction for which it assumed no risk.The scheme, known as the Payment Protection Program (PPP), exhausted its funds last week. Aimed at small businesses with less than 500 employees, it was hit with controversy as larger companies exploited loopholes to tap into it.
  Some large, well-funded companies were granted millions of dollars from the $350 billion pool of funding, while many small, mom-and-pop shops were unable to access any funding at all, sparking public outrage.The initial PPP funding was snapped up in less than two weeks. Congress has now approved an additional $310 billion and new loans will be issued again starting next week.

South Africa is seeking 95 billion rand ($4.99 billion) from multilateral lenders to help it fight the COVID-19 pandemic, a senior Treasury official said on Sunday.To get more news about Angel Broking, you can visit wikifx news official website.
  Africa's most advanced economy is talking to the International Monetary Fund (IMF), World Bank, New Development Bank of the BRICS and African Development Bank to source funding to contribute to a 500 billion rand rescue package aimed at cushioning the impact of the new coronavirus on businesses and poor households.
  The IMF has said South Africa is entitled to apply for up to $4.2 billion in response to the crisis, and Finance Minister Tito Mboweni said on Friday the government could negotiate for a facility of “maybe between $55 and $60 million” at the World Bank.
  Dondo Mogajane, director general of the National Treasury, said in an interview with eNCA television on Sunday that South Africa “will certainly go” for the IMF funding.
  “The World Bank has said ...South Africa can access a loan of about $50 million, the New Development Bank did say long ago that they have set aside a billion dollars that we can access and again we will be accessing that,” Mogajane said.
  “All in all, all of these interventions, currently we are looking at 95 billion rand coming from these institutions only for COVID-related interventions.”
  Mogajane said the government has to do everything at its disposal to make sure the coronavirus is contained, including reprioritising money from projects that are not a priority for now and looking for new cheap money.
  “I am emphasising new money that is cheap because currently the discussions obviously should centre around what the term rates are going to be. That is where we are currently, we are discussing with them (lenders),” he said.
  “The IMF has said upfront that it is 1% interest that is available so we will certainly go for it because it is cheap.”
  Mboweni on Friday played down worries in some governing party circles and within the influential trade union movement that the money would come with onerous conditions.
  An IMF official told Reuters that the emergency funds on offer came with no requirement for a structural adjustment programme.
  The economy was in recession when the virus outbreak hit South Africa and public finances were already strained as the government bailed out struggling state firms.
  South Africa had recorded 4,361 cases, including 86 deaths, with 161,004 people tested for the virus as of Saturday.
Seiten: 1 2 3 4 »