It has been almost a year since the oil has firmly entered the new era of low prices. And in December it has been a year since Russia had officially stepped into crisis following the downward trend of the oil price. The oil price fall that began in mid-2014 has
Interest Rates and Financial Markets
Last month, Federal Reserve (FED), US Central bank announced keeping interest rates unchanged, enhancing chances for December rate hike. The same day, Dow Jones gained 1.1%, the S&P 500 1.2% and the tech-packed NASDAQ composite 1.3%. The two-year treasury notes hiked 9 points, which is the biggest increase in past
Bitcoin – The Currency of the Future?
During my semester abroad last spring, I took a course called Business Presentations, for which we had to pitch a new or existing product to the rest of the class. The class would act as investors and decide the fate of the product. Now, while the rest of the class