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Tag: currencies
US agencies coming around cautiously to seeing benefits in virtual currencies
2013-11-19 14:38:18| InfoWorld: Top News
Federal officials told a U.S. Senate hearing on Monday that virtual currencies like bitcoin can offer benefits to the financial system, but also cautioned about its possible misuse for illicit activity. "The Department of Justice recognizes that many virtual currency systems offer legitimate financial services and have the potential to promote more efficient global commerce," said Mythili Raman, acting assistant attorney general at the Department of Justice in her testimony before the Senate Homeland Security and Governmental Affairs Committee.
Tags: coming
benefits
virtual
agencies
Telefonica Q3 net profit drops on weaker Latin American currencies
2013-11-08 01:00:00| Total Telecom industry news
Spanish telco reduces debt to 46.1 billion, meeting its full-year target.
Tags: net
american
profit
latin
Weaker Currencies May Boost Inflation (Monthly Report)
2013-09-13 22:34:56| EmergingTextiles.com
Inflation rates remained steady for many emerging markets in August, but the fall of a series of currencies may boost inflation prospects. Our monthly report offers a comparison of inflation rates in low-cost countries, with historical data available back to June 2007. Our monthly report offers a comparison of inflation rates in low-cost countries, with historical data available back to June 2007, as well as a comparison of currencies, and the evolution of food prices.
Tags: report
monthly
boost
inflation
Emerging Currencies: the Falling and the Not-Falling (Currency Report)
2013-09-03 21:38:32| EmergingTextiles.com
The dramatic fall of a series of emerging currencies could have strong consequences on the global textile and clothing markets, by partly destroying the comparative advantage of low-cost suppliers, like Bangladesh, Vietnam and Cambodia. Our monthly statistical report displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi.
Tags: report
currency
falling
emerging
Feds don't plan to take down Bitcoin or other currencies
2013-05-31 02:29:09| CNET News.com
After a massive raid on Liberty Reserve, the head of the U.S. Department of Treasury's law enforcement branch says the government doesn't intend to go after all digital currencies. [Read more]
Tags: other
plan
currencies
feds