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Bitcoin smashes $10,000 landmark on South Korean exchange

Published time: 27 Nov, 2017 17:48 Edited time: 27 Nov, 2017 17:54 The first decentralized peer-to-peer payment system, bitcoin, has broken through the $ 10,000 mark on South Korea’s Bithumb, one of world’s biggest exchanges for cryptocurrencies. The price of bitcoin this year has jumped more than 10-fold. The digital currency is still unrecognized or regarded as an asset by ...

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Russian cars returning to Cuba

Published time: 27 Nov, 2017 14:57 Edited time: 27 Nov, 2017 14:59 After a 12-year hiatus, Russia’s biggest automaker AvtoVAZ is returning to Cuba with its latest models. The country is one of the priority export markets in Latin America for the company. More than three hundred Lada Vesta and Lada Largus Cross cars will be delivered to Cuba, according ...

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Learn to say “screw it!” – Richard Branson's advice to Russians as key to success

Published time: 27 Nov, 2017 15:02 British entrepreneur and founder of Virgin Group Richard Branson has urged Russian businessmen not to be afraid of failure as he spoke at the Synergy Global Forum in Moscow on Monday. “Russians historically have a fear of failure. I hear this might be changing now, and that is important,” Branson said. The British tycoon ...

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Uber banned in Israel after just one month

Published time: 27 Nov, 2017 14:49 Things aren’t so uber for Uber in Israel as a local court ordered the company to stop providing its taxi service in the country after a month of operations. Uber began working in Israel in late 2016, but only on a pilot basis. Full-scale operations started just over a month ago. The Israeli court ...

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Alibaba wants to teach you how to become the next Jack Ma

Published time: 27 Nov, 2017 13:38 Chinese billionaire Jack Ma is going to help businessmen succeed in e-commerce. For the first time outside China, his company Alibaba will offer a course in doing business through the internet in Singapore next year. The training and certification will come from the Alibaba Business School, which started in Hangzhou in China in 2008. ...

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Bitcoin crushing US dollar & governments can do nothing to stop it – Max Keiser

Published time: 27 Nov, 2017 11:07 Edited time: 27 Nov, 2017 11:13 While some have suggested bitcoin’s meteoric rise signals a potential cryptocurrency bubble, RT’s Max Keiser says fiat currencies like the US dollar are collapsing against it. Read more “I think we are seeing fiat currencies in a hyperinflationary collapse against bitcoin,” he said, adding that we’ll see a ...

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Oil touches 2-yr high ahead of expected production cut extension

Published time: 27 Nov, 2017 09:47 Crude oil prices advanced to their highest level since 2015 before retreating slightly on Monday. The Organization of the Petroleum Exporting Countries (OPEC) meets this week to discuss extending supply cuts. Brent crude was trading down 35 cents at $ 63.51 per barrel, while the US West Texas Intermediate slid over 50 cents to ...

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Russia-led free trade zone could include South Korea

Published time: 27 Nov, 2017 09:56 Edited time: 27 Nov, 2017 09:59 The start of a free trade area between South Korea and the Eurasian Economic Union (EAEU) is right around the corner as tough negotiations are going on at the moment, according to Russian Deputy Foreign Minister Igor Morgulov. Read more “Negotiations on the issue are underway and several ...

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Iraq to export Kurdish region oil to Turkey

Published time: 26 Nov, 2017 14:18 Iraq plans to construct a new pipeline to transport oil from Kirkuk to the Turkish port of Ceyhan, the Iraqi Oil Ministry confirmed on Sunday. Oil exports from Kirkuk have been on hold since Iraq recaptured the Kurdish-controlled oilfields last month. The new pipeline will replace a damaged section of the Kirkuk-Ceyhan pipeline, connecting ...

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Roscosmos & S7 airlines to create orbital spaceport

Published time: 26 Nov, 2017 12:51 Russia’s state space agency Roscosmos and Russia’s S7 airline have agreed to construct an orbital cosmodrome, according to a source in the aerospace industry, as quoted by daily Izvestia. “We have been successfully cooperating with S7 for a long time and plan to continue this partnership,” the source told the media. Read more The ...

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