The SEC isn't exactly telling people to avoid bitcoin, but it wants you to know it is a potential breeding ground for all sorts of scams, NBC reports.
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China is banning its banks from dealing with bitcoins, warning that the virtual currency could be used for speculation and or even money laundering.
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Gold prices held steady on Tuesday, after Germany tempered hopes for a concrete solution to the euro zone's debt crisis at the European Union summit this weekend, dampening sentiment in equities and commodities.
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The International Monetary Fund (IMF) warned global economic recovery would be “weak and bumpy” and said the global economic recovery was slowing on Tuesday, as it slashed global economic growth to 4 percent for both 2011 and 2012.
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Ratings agency Standard & Poor's has warned there is a one-in-two chance it could cut the United States' prized triple-A rating if a deal on raising the government's debt ceiling is not agreed soon.*
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The United States may lose its top-notch credit rating in the next few weeks if lawmakers fail to increase the country's debt ceiling, forcing the government to miss debt payments, Moody's Investors Service warned Wednesday.
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France's Casino warned archrival Carrefour on Monday that a merger of its Brazil unit and the country's biggest retailer, Grupo Pao de Acucar, could not go ahead without its consent.
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China should guard against risks from "excessive" holdings of U.S. assets as Washington could pursue a policy to weaken the dollar, a senior official at the State Administration of Foreign Exchange said in comments published on Tuesday.**
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The dollar fell to a one-month low against a basket of currencies on Tuesday and a record low against the Swiss franc after a Chinese official said the greenback would continue to weaken versus other major currencies.
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The European Union’s top financial regulator has warned the Obama administration that it must speed up and toughen its new banking rules in order to prevent American banks from having unfair advantages over their European counterparts. The FT reports.
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The Doha round of negotiations on world trade faces collapse unless world leaders can reach a final agreement to lift trade tarrifs before the end of the year, a new report by the governments of the UK, Germany, Turkey and Indonesia warned on Wednesday.
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هذا الموقع يستخدم ملفات تعريف الارتباط (الكوكيز ) للمساعدة في تخصيص المحتوى وتخصيص تجربتك والحفاظ على تسجيل دخولك إذا قمت بالتسجيل.
من خلال الاستمرار في استخدام هذا الموقع، فإنك توافق على استخدامنا لملفات تعريف الارتباط.