The creditworthiness of the US and the dollar’s status as the top reserve currency have long mutually reinforced each other. But is this relationship indefinite? Scope Ratings questions the extent to which deteriorating US fundamentals can be ignored. The dependence of the US on the dollar’s standing is captured…
Finance
Spanish Banks in Cyclical Sweet Spot
Spanish banks are among the most profitable in Europe. Legacy asset-quality problems are by-and-large dealt with, a lower cost of risk is resulting in improved bottom lines and synergies from in-process consolidation are keeping cost-income ratios low. Spanish banks are among the most profitable in Europe, according to ECB data.
Bitcoin Busted: It’s a No From Brits For Cryptocurrency Investments
IW Capital has launched its nationally representative attitudinal survey into cryptocurrencies and how they compare – as an investment opportunity – to traditional and alternative investments. As Bitcoin reaches its 10th year since its launch announcement by Satoshi Nakamoto, IW Capital has commissioned a national representative piece of research,…
First US Dollar Deal Takes Off For Paragon Aviation Finance
Paragon’s Aviation Finance division has spread its wings to include access to dollar funding. The first deal of its kind secured a $7.9 million loan for Zenith Aviation, based at Kent’s Biggin Hill Airport, enabling the business to buy another Learjet 75 to add to its fleet. Zenith Aviation, the…
Cryptocurrency Collusion
History has shown, market manipulation is nothing new but lack of regulation makes cryptocurrency even more volatile to such dark forces. The US authorities are increasingly venturing into cryptocurrencies regulation and, following the announcement of a US Justice Department investigation into price manipulation in cryptocurrency markets; its price fell by…
Real Time
Israeli Startup will Allow Businesses to Receive Real Time Bitcoin and Cryptocurrency Payments Virtual Crypto Technologies launched NetoBit Cash, which will enable any business in the world to immediately, easily, and securely collect payments in cryptocurrency at the best exchange rate and lowest commission, while offering protection against exchange rate…