22/1/2018/Fitch Ratings Continuing declines in unemployment rates were a common theme across many of the largest advanced economies in late 2017, symptomatic of GDP growth rates in excess of medium-term potential growth. This is one of the clearest trends evident in Fitch Ratings’ latest “20/20 Vision” chart pack. With unemployment […]
Money Market
Fitch: 2018 Global Bank Regulation Passes Peak
22/1/2018/Fitch Ratings Fitch Ratings says in its survey of 2018 regulatory trends that the finalisation of the Basel III reforms signals peak bank regulation has passed, but tighter supervision is likely. The 2018 global bank regulatory outlook is stable, as Fitch expects no significant shifts in direction from new […]
How Nigerians Beat Bitcoin Scams
The country’s embrace of the cryptocurrency has led to some old-school precautions against fraud. 21/1/2018/Bloomberg By Tim McDonnell Depending on your feelings about Bitcoin, it may seem appropriate that Nigeria’s love for the cryptocurrency began with a scam. Mavrodi Mondial Moneybox (MMM), a 30-year-long global Ponzi scheme that began in […]
