Tuesday, September 25, 2018
Maduro about the Petro on state TV on Feb. 2.
CARACAS, Venezuela (ViaNews) - Ending 2017, Venezuelan Government announced its intention to issue a new crypto asset called Petro (derived from petroleum) which would be backed by proven oil reserves. President Nicolás Maduro was thus answering to President Donald Trump's decision to blockade the financial movements of the South American country which has the biggest proven oil reserves in the...
Novo Banco - Image Credit João Ramos
Yesterday, Haitong bought Novo Banco investment bank for last December's agreed value of 379 million Euros ($425 million). Last December's talk between Novo Banco and the Chinese brokerage Haitong Securities Ltd company closed with a possible future sale of the BES Investment Bank for 379 million Euros ($425 million). The sale has since then been approved by the Bank of...
Portuguese new legislation for short term property rentals.
More rigorous legislation was approved in Portugal to regulate short-term rental properties. From July 1, 2017, properties posted on Airbnb, Booking, Homeaway and other platforms will need to be enrolled on the national tourism register. To be allowed to advertise on such platforms, property owners will have to fill in a required field with the registration number of their accommodation....
Novo Banco - Image Credit João Ramos
The Banco de Portugal, the institution regulating the Novo Banco sale, was hoping for higher bids, but only got Apollo to raise their offer. According to Banco de Portugal, out of the three contenders, only the American Apollo company increased the bid for the “Novo Banco” buyout. The two other Chinese competitors, Fosun, and Anbang didn’t raise their bids. Novo...
Downtown Lisbon - Rossio
According to Portugal's National Statistics Institute, last year's budget deficit fell to 2.1% of GDP, the lowest value since 1974. The European Commission opened the Excessive Deficit Procedures (EDP) on 7 October 2009 for failing to meet the 3% budget deficit limit under EU rules. After 7 years, 7 months and 15 days, on May 22, 2017, the European Commission...
Goldman Sachs Tower in Jersey city. Photo by: Oriez.
Goldman Sachs was never in the running to set up a cryptocurrency trading desk. Over the past few months, reports have made headlines indicating that the investment company was considering opening a cryptocurrency trading desk that would allow people to buy and sell various virtual currencies. However, as it stands, that won’t be the case. The bank reportedly downgraded plans...
Luis Caixado ViaNews interview
Right at the heart of the Web Summit we met with the co-founder of JustEnjoy, Luis Caixado. JustEnjoy is about delivering memorable moments for families during their holidays. They have a ready to use package with a specially selected group of toys and props to help the children engage with the city on their terms. It's delivered to the hotel...
Taxi in Istanbul, Turkey. Photo by: Leandro Neumann Ciuffo.
ANKARA, Turkey (ViaNews) - Turkish people seem pretty satisfied with the new alternatives being offered, ever since Uber started operating in the country. Considering the unfairly demanding prices and famously vulgar attitudes from some of the taxi drivers in Turkey, it's not surprising that Turkey is one of Uber's largest growth markets, A metropolitan such as Istanbul needs...
Kenya election riots.
This year's elections have been peaceful, but there are claims and counter claims regarding the results. From the day leading up to elections, companies reduced operations or shut down temporarily to allow staff to go to their rural homes to vote. The concerns about safety played a large part in convincing companies to reduce operations. Some companies went as far...
Great Hall of the People. Photo by: Thomas Fanghaenel.
For years, China has had a famously tight grasp on the value of its currency. In 1994, the Chinese government pegged the yuan to an $8.28 exchange with the US dollar and have since allowed this fixed exchange rate to appreciate by 2.1% each year. In doing this, China eliminates a variable when conducting its monetary policy and also...
Porsche headquarters in Stuttgart, Germany. Photo by: Morio
LISBON, Portugal (ViaNews) - We met with Philipp von Hagen in November 2017 for an interview at the Lisbon's Web Summit to understand more about Porsche's goals. Philipp von Hagen video Interview Mr. Philipp von Hagen has been a Member of the Executive Board at the holding company, Porsche SE,...
Brett King Via.news interview
MADRID (ViaNews) - Brett King hosts one of the most popular FinTech Radio Show in the world, "Breaking Banks," and founded the New-York based start-up called "Moven" with its concept of a downloadable bank account. Mr. King considers himself a futurist and was named "King of the Disruptors" by Banking Exchange magazine. Brett has advised the White House, the...

Latest

The pipe was repaired, but the contaminant was left in the environment. Photo by: Nile Institute of Environmental Health.

Why the Oil Pollution in South Sudan isn’t Getting Enough Media...

JUBA, South Sudan (ViaNews) - Oil pollution now affects millions of people in South Sudan. Many villages have been completely destroyed by it. This has...

Interview

Rafael Valera, leader of the Venezuelan political movement Rumbo Libertad. Photo by: ViaNews.

Interview with Rafael Valera, leader of the Venezuelan political movement Rumbo...

CARACAS, Venezuela (ViaNews) - Venezuela’s crisis continues to grow rapidly and no one seems able to stop it. After last years failed protests and...

Europe

Independentists protesting in Autovía A-2. Photo by: ViaNews.

Pro-Catalan Protesters Take to Spain’s Highways to Call for Release of Political Prisoners

Madrid (ViaNews) - Separatists, with reflective vests, independentist Catalan flag, and banners demand the release of "political prisoners." Protesters choose major Spain's highway bridges to protest against the imprisonment of separatist leaders. A small group...
August 10. 2018, protest against corruption in Victory Square, Bucharest, Romania. Photo by: Babu.

Romania Protests: After Communism, Romanians Stand United to Fight Corruption

BUCHAREST, Romania (ViaNews) - Twenty-eight years have passed since the Romanian Revolution. At the end of 1989. there was a period of violent civil unrest which resulted in the overthrowing of the Communist regime...
Russia World Cup fan kissing Russian girl.

World Cup 2018: Russian Women are Being Bullied for Getting too Friendly With Foreigners

Moskow, Russia (ViaNews) - Russian women are being accused of disregarding Russian men and “sell themselves” to foreigners. Online haters have been launching bullying campaigns in the social media. They search for photos of...

Business

Goldman Sachs Tower in Jersey city. Photo by: Oriez.

Goldman Sachs Says Yes to Cryptocurrency Custody Service And No to Trading Service

Goldman Sachs was never in the running to set up a cryptocurrency trading desk. Over the past few months, reports have made headlines indicating that the investment company was considering opening a cryptocurrency trading...
Securities and Exchange Commission. Photo by: Ethereum World News Archives.

Will Cryptocurrencies End Up At Zero On Bubble Burst? – Yale Economist Explains

Will cryptocurrency-bubble burst or bounce back? That is the single biggest question among many electric currency enthusiasts make in response to wild price swings experienced in recent months. After a dramatic rise to record...
Reserve bank of India, Headquarters. Photo by: Soham Banerjee

This Is How India And Thailand Policies Have Affected Cryptocurrencies Sentiments

NEW DELHI (India) - A pronunciation by the Reverse Bank of India barring all banks and financial institutions form dealing in virtual currencies has had an adverse effect on the overall cryptocurrency landscape. The...