How much would you pay to lend someone your money?Confused by the question? Wondering if it is perhaps miswritten? Or alternatively, if not, then how could such a scenario ever be considered?I will repeat the question: What percentage of your money would you pay for the right to invest your money safely in a losing venture, ultimately lowering your principal a little bit each day?You are not alone if you rebuke and scoff at such a premise, believing that no one would participate in such a senseless scheme. However, the unthinkable—the unimaginable—has happened, and monetary experts and economic theorists are perplexed. For the first time in history, the world is experiencing the phenomenon of widespread, sustained negative interest rates.According to one expert, Douglas E. Johnston, Jr., a global banking and business advisor, negative interest rates, “[on] the surface. . .represent a confusing and counterintuitive ‘new math,’ which can be difficult to … [Read more...] about Experts on High Alert over Negative Interest Rates
Jamaican american money exchange rate
The EB-5 Immigrant Investor Program is an excellent vehicle for investors with the requisite capital (either $500,000 or $1 million depending on where the destination project is located) to lawfully immigrate to the United States by supporting the U.S. economy through investment and job creation. While all EB-5 applicants must satisfy the same set of requirements, we have found that certain considerations may arise that are particular to the applicant’s geographic area of origin. This post will focus on things that investors from Central and Latin America should keep in mind when considering participation in the EB-5 Program. Taking Care to be in Compliance with U.S. Immigration LawAs a threshold matter, before submitting an I-526 petition as an EB-5 applicant—and during the pendency of your petition once filed with USCIS—potential applicants will want to ensure that they do not run afoul of U.S. immigration law. Previous and ongoing violations of the immigration … [Read more...] about Considerations for Central and Latin American Investors Contemplating Participation in EB-5 Program
SECTIONS Search E-edition Customer Service Customer Service About Us Contact Us FAQ Advertise Place Classified Ad Display Advertising Stay Connected Mobile & Apps Facebook Twitter E-mail RSS Feeds Archives My Subscription Activate Digital Subscription Manage Account Newsletters News News Local Crime Weather Education Marijuana California Nation/World Databases Special Reports Obituaries Sports Sports High Schools Outdoors Grizzlies MLB NBA NFL College Columnists David White Politics Politics Elections The California Influencer Series Political Notebook Fresno State Bulldogs Fresno State Bulldogs Football Basketball Entertainment Entertainment Calendar Movies Movie Times Music TV Theater & Arts Comics Puzzles & Games Dine Out … [Read more...] about Prop. 6 promises to save money at the pump, but what does it do to local road projects?
Techies know that “bitcoin” is a virtual currency generated by predetermined computers and recognized on traditional currency exchanges as BTCs. Of interest to investors and business owners, bitcoins have skyrocketed into mainstream popularity, as has their price.No government is involved in creating bitcoins, and they are insulated from Cyprus-style bank lockouts. But before joining the BTC revolution, here are seven fundamentals to consider.1.) Rules apply. Recent virtual currencies guidelines from the Financial Crimes Enforcement Network acknowledge the uses, while detailing the watchdog’s expectations.“No new rules, no new regulations. We issued the guidelines to say how we see virtual currencies within the Bank Secrecy Act and record-keeping [and] reporting responsibilities,” says the director of FinCEN, Jennifer Shasky Calvery. “Virtual currencies are subject to the same rules as other currencies. … Basic money-services business rules … [Read more...] about Some basic rules for using ‘bitcoin’ as virtual money
Sep 20, 12:13 PM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury World By AFP News 09/20/19 AT 11:49 AM The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates.The Fed will offer up to $75 billion a day in repurchase agreements -- exchanging secure assets for cash for very short periods -- through October 10, it said in a statement.In addition, it will offer three 14-day "repo" operations of at least $30 billion each.Banks have struggled in recent days to find the cash needed to meet reserve requirements which has pushed up short-term borrowing rates, prompting the New York Fed to pump billions into US money markets with repo operations over the past four days.However, in a sign a cash crunch could be easing, demand for liquidity on Friday did not significantly exceed the amount offered, … [Read more...] about NY Fed To Pump $75 Bn Into Money Markets Daily Through Oct 10