The Brazilian real went into a lingering tailspin. Year to date, the currency has already lost 26.6%. The upcoming general election makes the situation even worse, heating up the market volatility. The political race is drawing to an end, so feelings are running high just like in Brazilian soap operas. The citizens of the country will elect the President, the District Governors and Vice Governors, as well as the Legislative Assemblies of Brazilian states. So, the cast of characters in this soap opera is large. The financial market will surely fall under influence of this dramatic race, so the Brazilian real faces a risk of dipping even lower. Time will show how this story will end. Uncertainty over the election results contributed to a fall in the exchange rate of the national currency against the US dollar. Furthermore, the latest events turned this humdrum serial into an action movie. The front runner in the election, Jair Bolsonaro from the Social Liberal Party, was badly wounded in an attack. Such an abrupt twist came quite unexpected. In addition to domestic problems, foreign events also put the real under pressure. Particularly, a sharp increase in the interest rate by the Turkish central bank had a profound effect on the Brazilian currency.
The Brazilian real went into a lingering tailspin. Year to date, the currency has already lost 26.6%. The upcoming general election makes the situation even worse, heating up the market volatility. The political race is drawing to an end, so feelings are running high just like in Brazilian soap operas. The citizens of the country will elect the President, the District Governors and Vice Governors, as well as the Legislative Assemblies of Brazilian states. So, the cast of characters in this soap opera is large. The financial market will surely fall under influence of this dramatic race, so the Brazilian real faces a risk of dipping even lower. Time will show how this story will end. Uncertainty over the election results contributed to a fall in the exchange rate of the national currency against the US dollar. Furthermore, the latest events turned this humdrum serial into an action movie. The front runner in the election, Jair Bolsonaro from the Social Liberal Party, was badly wounded in an attack. Such an abrupt twist came quite unexpected. In addition to domestic problems, foreign events also put the real under pressure. Particularly, a sharp increase in the interest rate by the Turkish central bank had a profound effect on the Brazilian currency.
The Brazilian real went into a lingering tailspin. Year to date, the currency has already lost 26.6%. The upcoming general election makes the situation even worse, heating up the market volatility. The political race is drawing to an end, so feelings are running high just like in Brazilian soap operas. The citizens of the country will elect the President, the District Governors and Vice Governors, as well as the Legislative Assemblies of Brazilian states. So, the cast of characters in this soap opera is large. The financial market will surely fall under influence of this dramatic race, so the Brazilian real faces a risk of dipping even lower. Time will show how this story will end. Uncertainty over the election results contributed to a fall in the exchange rate of the national currency against the US dollar. Furthermore, the latest events turned this humdrum serial into an action movie. The front runner in the election, Jair Bolsonaro from the Social Liberal Party, was badly wounded in an attack. Such an abrupt twist came quite unexpected. In addition to domestic problems, foreign events also put the real under pressure. Particularly, a sharp increase in the interest rate by the Turkish central bank had a profound effect on the Brazilian currency.
Fantastic smart technologies are already being applied in reality, complementing the functionality of many houses. According to experts, in the future such technological assistants will become essential elements of every house. In our photo gallery, you can find out about the most impressive ones
Many experts believe that in the near future, smart technology will become an integral part of our homes. Electronic and robotic assistants will occupy a place of honour in the homes of the future, and people will be able to reap the benefits of technological progress. Experts pay attention to a number of technologies that are already used at home.
Interactive clock, The main feature of interactive clock is the possibility to be located in different places at the house. They can be on a wall of the house, anywhere an owner want. Interactive clock created in Japan appear on the walls in the form of screens through projectors.
Capsule for sleep, Many residents of glass towers with floor-to-ceiling windows have already appreciated the advantages of the so-called "capsule for sleep". It is a cozy and compact bedroom, which creates a feeling of complete detachment from the outside world. It harmoniously fits into the interior in high-tech style.
Kitchen tree, Balin Lee, an architect and designer from China, developed and implemented a very interesting solution for the kitchen of the future, the so-called kitchen tree. Choice of its fantastic form was deliberate: inside the cone-shaped tree with neon illumination, there are many useful technological innovations.
Rounded shapes from Corian, Some designers believe that smooth curves simulating ocean waves are likely to prevail in the interior of future homes. An example of such an interior can be considered a house represented by Corian. It has soft shape with a gentle violet backlight.
Cosmic worktop, An element in a futuristic style will give a new look to the interior of an ordinary kitchen. Designer Zaha Hadid effectively enhanced the option of turning a kitchen worktop into an intergalactic shuttle. The unique type and metallic shade of the kitchen headset remind us of science fiction movies.
Energy-saving chair, In order to save electricity, European designers have developed SOFT Rocker, an energy-saving chair. The principle of its operation is similar to the action of solar panels. Experts are sure that such an interior design item will become a part of most homes in the future.
Smart bathroom, Experts are sure that housing of the future should contain a lot of technological gadgets. First of all, it concerns kitchen and bathroom. Japanese designers used innovationsand made the bathroom space futuristic: over the sink, there is an interactive screen; the smart toilet is self-cleaning; besides, audio and video calls are available in the shower. The work of the bathroom is based on voice control.
Bubble walls, According to experts, one of the main characteristics of the houses in the future will be abundance of light and electronics. Designers believe that the organic style will gain popularity, a feature of which is natural forms in the interior. Architects implemented one of these ideas and created walls with a bubbly texture.
Fantastic smart technologies are already being applied in reality, complementing the functionality of many houses. According to experts, in the future such technological assistants will become essential elements of every house. In our photo gallery, you can find out about the most impressive ones
Many experts believe that in the near future, smart technology will become an integral part of our homes. Electronic and robotic assistants will occupy a place of honour in the homes of the future, and people will be able to reap the benefits of technological progress. Experts pay attention to a number of technologies that are already used at home.
Interactive clock, The main feature of interactive clock is the possibility to be located in different places at the house. They can be on a wall of the house, anywhere an owner want. Interactive clock created in Japan appear on the walls in the form of screens through projectors.
Capsule for sleep, Many residents of glass towers with floor-to-ceiling windows have already appreciated the advantages of the so-called "capsule for sleep". It is a cozy and compact bedroom, which creates a feeling of complete detachment from the outside world. It harmoniously fits into the interior in high-tech style.
Kitchen tree, Balin Lee, an architect and designer from China, developed and implemented a very interesting solution for the kitchen of the future, the so-called kitchen tree. Choice of its fantastic form was deliberate: inside the cone-shaped tree with neon illumination, there are many useful technological innovations.
Rounded shapes from Corian, Some designers believe that smooth curves simulating ocean waves are likely to prevail in the interior of future homes. An example of such an interior can be considered a house represented by Corian. It has soft shape with a gentle violet backlight.
Cosmic worktop, An element in a futuristic style will give a new look to the interior of an ordinary kitchen. Designer Zaha Hadid effectively enhanced the option of turning a kitchen worktop into an intergalactic shuttle. The unique type and metallic shade of the kitchen headset remind us of science fiction movies.
Energy-saving chair, In order to save electricity, European designers have developed SOFT Rocker, an energy-saving chair. The principle of its operation is similar to the action of solar panels. Experts are sure that such an interior design item will become a part of most homes in the future.
Smart bathroom, Experts are sure that housing of the future should contain a lot of technological gadgets. First of all, it concerns kitchen and bathroom. Japanese designers used innovationsand made the bathroom space futuristic: over the sink, there is an interactive screen; the smart toilet is self-cleaning; besides, audio and video calls are available in the shower. The work of the bathroom is based on voice control.
Bubble walls, According to experts, one of the main characteristics of the houses in the future will be abundance of light and electronics. Designers believe that the organic style will gain popularity, a feature of which is natural forms in the interior. Architects implemented one of these ideas and created walls with a bubbly texture.
Fantastic smart technologies are already being applied in reality, complementing the functionality of many houses. According to experts, in the future such technological assistants will become essential elements of every house. In our photo gallery, you can find out about the most impressive ones
Many experts believe that in the near future, smart technology will become an integral part of our homes. Electronic and robotic assistants will occupy a place of honour in the homes of the future, and people will be able to reap the benefits of technological progress. Experts pay attention to a number of technologies that are already used at home.
Interactive clock, The main feature of interactive clock is the possibility to be located in different places at the house. They can be on a wall of the house, anywhere an owner want. Interactive clock created in Japan appear on the walls in the form of screens through projectors.
Capsule for sleep, Many residents of glass towers with floor-to-ceiling windows have already appreciated the advantages of the so-called "capsule for sleep". It is a cozy and compact bedroom, which creates a feeling of complete detachment from the outside world. It harmoniously fits into the interior in high-tech style.
Kitchen tree, Balin Lee, an architect and designer from China, developed and implemented a very interesting solution for the kitchen of the future, the so-called kitchen tree. Choice of its fantastic form was deliberate: inside the cone-shaped tree with neon illumination, there are many useful technological innovations.
Rounded shapes from Corian, Some designers believe that smooth curves simulating ocean waves are likely to prevail in the interior of future homes. An example of such an interior can be considered a house represented by Corian. It has soft shape with a gentle violet backlight.
Cosmic worktop, An element in a futuristic style will give a new look to the interior of an ordinary kitchen. Designer Zaha Hadid effectively enhanced the option of turning a kitchen worktop into an intergalactic shuttle. The unique type and metallic shade of the kitchen headset remind us of science fiction movies.
Energy-saving chair, In order to save electricity, European designers have developed SOFT Rocker, an energy-saving chair. The principle of its operation is similar to the action of solar panels. Experts are sure that such an interior design item will become a part of most homes in the future.
Smart bathroom, Experts are sure that housing of the future should contain a lot of technological gadgets. First of all, it concerns kitchen and bathroom. Japanese designers used innovationsand made the bathroom space futuristic: over the sink, there is an interactive screen; the smart toilet is self-cleaning; besides, audio and video calls are available in the shower. The work of the bathroom is based on voice control.
Bubble walls, According to experts, one of the main characteristics of the houses in the future will be abundance of light and electronics. Designers believe that the organic style will gain popularity, a feature of which is natural forms in the interior. Architects implemented one of these ideas and created walls with a bubbly texture.
Понедельник, 24 Сентября 2018 г. 03:29
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US excludes rare earths from new China tariffs
The United States did not include rare earth elements in its final list of tariffs on $200 billion of Chinese goods, underscoring its reliance on China for the minerals. Rare earth metals have extensive applications in industry, ranging from jet engines and mobile phones to oil and gas drilling.
The US Department of the Interior published the list of 35 minerals which have the strategic importance for the country's security and economic welfare.
The original list of Chinese goods subject to the tariffs included rare earth metals and their compounds. However, the final list unveiled on September 17 did not mention rare earths, a group of 15 lanthanide metallic elements as well as the metals scandium and yttrium. The new tariffs will take effect on September 24.
Понедельник, 24 Сентября 2018 г. 03:23
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According to analysts, since its appearance, Bitcoin could not guarantee complete anonymity to network users. The largest specialists, working with blockchain technology, took up solving the problem. They proposed a number of innovative developments to increase privacy. Most of them are planned to be launched by the end of 2018 or next year.
In the world of cryptocurrency, Bitcoin takes the leading place. Its special feature is anonymity, but this is not entirely true. According to experts, the privacy of its users is often questioned. Analysts emphasize that the cryptocurrency number 1 has pseudonymity, that is, when carrying out transactions it is enough to specify only a pseudonym. In the Bitcoin network, the address from which the client sends the funds and receives them plays the role of a pseudonym. To ensure the protection of users, developers offer a number of technologies that have proven effective.
TumbleBit, This development has continued for almost two years and is nearly completed. This is one of the most effective solutions aimed at protecting the anonymity of Bitcoin users. The TumbleBit protocol is a way of mixing coins with a centralized switch to create payment channels between transaction participants. This solution requires two transactions for one participant. One operation is necessary to open a network channel, the other - to close it. The only disadvantage of this project is high commission fees.
Chaumian CoinJoin, The development of CoinJoin technology began in 2013. This solution consists in combining several small transactions into one large transaction. Thanks to this combination, high anonymity is achieved. Information about what bitcoins are sent from the sending addresses (inputs) to the receiving addresses (outputs) becomes classified. CoinJoin transactions are available for a long time, but there are certain difficulties with their creation. To solve this problem, experts suggest using the technology of "blind" signatures by David Chaum (Chaumian CoinJoin).
Schnorr signature, This technology was developed by Pieter Wuille, the creator of Bitcoin Core. Named after the inventor of Klaus-Peter Schnorr, these signatures are recognized as the best available in cryptography. Their advantage is in combining many signatures into one. As a result, a transaction requires only one signature, regardless of how many sending addresses are included in it. Schnorr's signatures not only allow all participants to combine their transactions, but also they bring economic benefits. When using this option, the level of anonymity increases many times. The technology will be launched in 2019.
STONEWALL, The development of STONEWALL technology started in May this year. With the help of STONEWALL transactions, one user sends bitcoins to another. The peculiarity of these operations is that they include a number of sending addresses that change the addresses of recipients. This creates a visibility of transactions. There is a "masking" of the money transfer, ensuring its anonymity. The idea of STONEWALL transactions is to create hindrances for hackers. According to experts, the technology copes with this task. Its launch is scheduled for late 2018.
Dandelion, Another way to increase privacy for users of the Bitcoin network was offered by American scientists. This is the technology of Dandelion. It makes it difficult to analyze the network, blocks attempts to enter it, and changes the order of the distribution of transactions. This offer was highly appreciated in the bitcoin community. Experts believe that in the near future, Dandelion will be included in the Bitcoin Core system.
BIP-151, This technology implies limiting extraneous exposure in the Bitcoin network. This method allows bitcoin nodes to encrypt traffic passing between them, including transactions and data about blockchains. The downside of the BIP-151 system is the inadequate provision of privacy. Nevertheless, experts consider this method effective to counter various types of hacker attacks. The launch of the technology is expected in 2019.
Liquid and Confidential Transactions, The purpose of this technology is to ensure the availability and anonymity of transactions between exchanges and large brokerage firms. In the future, access to Liquid wallets will be received by ordinary users. One of the important functions of the system is confidential transactions. This is a cryptographic method of masking the amount of funds sent and received. The advantage of this technology is the impossibility to track the movement of funds between companies. This ensures high confidentiality in transactions.
The US is serious about imposing new tariffs on more Chinese imports worth $200 billion. It means that virtually all imports from China to the US could be subject to levies. No wonder, this hawkish rhetoric impels US consumers and China’s suppliers to increase turnover volumes. Companies are rushing to place orders before new trade levies come into force. In this context, China’s trade surplus with the US widened to a record high last month. Such developments came as no surprise to the market. Interestingly, the Russian mass media presents this massive trade surplus as an economic failure of Donald Trump who aims to force Beijing to narrow its trade gap. Apparently, the Russian analysts sincerely believe that such an ambitious goal could be achieved in a month.
Back to statistics, China’s trade surplus reached a whopping $31 billion in August from $28.1 billion in July. Amid a stronger US dollar, China and other buyers had to trim US imports. In contrast, Americans expanded exports from China, benefitting from the overvalued dollar. Besides, they are worried about a new round of retaliatory import tariffs. It seems the US leader is facing “a fiasco” only from the viewpoint of pro-Kremlin media. In fact, both the US and China have to seek new sales markets and suppliers that could be complicated under the same trade terms.
Both the US and China can afford to reboot trade deals with their traditional trade partners. In light of upbeat trade data from China, experts express confidence that the two largest global economies can maintain “steady and healthy” growth despite trade jitters. Both superpowers are struggling for industrial leadership and global influence. Meanwhile, investors are alert to outcome of the new round of trade talks between the US and China.
The state of the currency market is still fragile: fall in prices is followed by growth and vice versa. Among a lot of digital assets, experts highlight five altcoins, which, in their opinion, can bring profit to their owners in the near future
At present, when the digital currency market experiences significant price fluctuations, it's easy to get lost and make a mistake. Experts advise traders not to panic and monitor the dynamics of prices. They draw attention to five altcoins which have good growth prospects.
Bitcoin Diamond (BCD), Experts consider this project to be one of the most outstanding in the cryptocurrency market. This fork of the original bitcoin protocol has gained popularity among users for a short time. At the beginning of the project's launch, the BCD token cost $1.04, and a month after the market entry, it cost a spectacular amount of $76.45. According to experts, if BCD returns to the maximum price, investments in this digital asset will bring at least 5,000% of profit.
WАХ (WAX), This project is considered to be a decentralized platform that allows any user to open a virtual trading platform with ready infrastructure and a payment processing system. According to the developers, WAX has a good data protection system. At the beginning of the project, the WAX token was valued at $0.074, and five months later, it cost $2.86. Experts say that if this indicator is reached, the yield of this virtual currency may be approximately 3,000%.,
NXT (NXT, )Analysts consider this project to be very promising. With its help, users can create their own trading platforms, applications, and tokens. The NXT platform also has numerous important functions, including an option of decentralized exchange of tokens and a possibility of an online review of the digital assets market. Experts believe that NXT is one of the most profitable altcoins. Its price started from $0.068, and after a while, it climbed to $2.16. To date, this token is valued at $0.074, but given its maximum, the yield of NXT may be almost 3,000%.
Nano (XRB), The Nano cryptocurrency project (formerly RaiBlocks) is a system of instant digital payments without any commissions. According to experts, it is currently experiencing difficult times. During this year, the XRB tokens repeatedly had to overcome the "bearish" trend, which began in May 2018. At the beginning of the project, the XRB coins were valued at $1.12, and in January of 2018, when there were investment flows in the market, the value of Nano climbed to $37.62. Analysts believe that returning to its high, the currency is able to bring investors almost 3,000% of profits.
Dentacoin (DCN), Experts consider that this blockchain project, created on the Ethereum platform, is able to revolutionise the dental industry. The system is used to store medical reviews and current ratings. Whithin the project, users can be provided with the remuneration. At the moment, the value of the DCN token is $ 0.000352. If the price rises to the level of $0.0082, which was recorded earlier, the profit from DCN may be over 2,000%. Now, with a gradual recovery of the digital currency market, according to experts, investments in it can generate revenue.
The state of the currency market is still fragile: fall in prices is followed by growth and vice versa. Among a lot of digital assets, experts highlight five altcoins, which, in their opinion, can bring profit to their owners in the near future
At present, when the digital currency market experiences significant price fluctuations, it's easy to get lost and make a mistake. Experts advise traders not to panic and monitor the dynamics of prices. They draw attention to five altcoins which have good growth prospects.
Bitcoin Diamond (BCD), Experts consider this project to be one of the most outstanding in the cryptocurrency market. This fork of the original bitcoin protocol has gained popularity among users for a short time. At the beginning of the project's launch, the BCD token cost $1.04, and a month after the market entry, it cost a spectacular amount of $76.45. According to experts, if BCD returns to the maximum price, investments in this digital asset will bring at least 5,000% of profit.
WАХ (WAX), This project is considered to be a decentralized platform that allows any user to open a virtual trading platform with ready infrastructure and a payment processing system. According to the developers, WAX has a good data protection system. At the beginning of the project, the WAX token was valued at $0.074, and five months later, it cost $2.86. Experts say that if this indicator is reached, the yield of this virtual currency may be approximately 3,000%.,
NXT (NXT, )Analysts consider this project to be very promising. With its help, users can create their own trading platforms, applications, and tokens. The NXT platform also has numerous important functions, including an option of decentralized exchange of tokens and a possibility of an online review of the digital assets market. Experts believe that NXT is one of the most profitable altcoins. Its price started from $0.068, and after a while, it climbed to $2.16. To date, this token is valued at $0.074, but given its maximum, the yield of NXT may be almost 3,000%.
Nano (XRB), The Nano cryptocurrency project (formerly RaiBlocks) is a system of instant digital payments without any commissions. According to experts, it is currently experiencing difficult times. During this year, the XRB tokens repeatedly had to overcome the "bearish" trend, which began in May 2018. At the beginning of the project, the XRB coins were valued at $1.12, and in January of 2018, when there were investment flows in the market, the value of Nano climbed to $37.62. Analysts believe that returning to its high, the currency is able to bring investors almost 3,000% of profits.
Dentacoin (DCN), Experts consider that this blockchain project, created on the Ethereum platform, is able to revolutionise the dental industry. The system is used to store medical reviews and current ratings. Whithin the project, users can be provided with the remuneration. At the moment, the value of the DCN token is $ 0.000352. If the price rises to the level of $0.0082, which was recorded earlier, the profit from DCN may be over 2,000%. Now, with a gradual recovery of the digital currency market, according to experts, investments in it can generate revenue.
Понедельник, 17 Сентября 2018 г. 02:44
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Germany’s ZEW economic sentiment improves in September
German economic sentiment rose at a more-than-expected pace in September, survey data from the Centre for European Economic Research (ZEW) showed.
The economic sentiment indicator advanced to -10.6 from -13.7 in the previous month.
The current conditions index rose to 76 in September from 72.6 in August. Economists had expected a decline to 72. Meanwhile, the eurozone economic sentiment improved to -7.2 in September from -11.1 in the prior month. The consensus forecast suggested a lower reading of -10.9.
Понедельник, 17 Сентября 2018 г. 02:42
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The ability to intelligently and profitably use technical innovations is special. This skill should be learned. One of these innovations, a 3D printer, is capable of bringing substantial revenue to its owner, experts believe. They are ready to share some business ideas.
Innovations that modern society offers can be used not only for aesthetic pleasure and expansion of horizons but also for making a profit. Experts pay attention to the novelty that has become popular, 3D printer, thanks to which you can create objects that cause admiration and desire to purchase them. Experts offer five business ideas on how to use this innovation to get profit.
Restaurant with printed furniture, French architect Arthur Mamou-Mani creates original interior models for the Food Ink London restaurant. According to the artist, they appear thanks to spontaneous digital installations. For example, the architect came up with a stool serving as a seat and a lighting device. Food Ink plans to place a bar rack printed on a 3D printer and use innovative 3D tableware.
Interior design miniatures, Thanks to the Winbo Chinese company, for interior modeling it is possible to use 3D printers developed by it. They create the interior design miniatures. This is of great interest to designers, architects, and their customers. Winbo predicts a high demand for the manufacture of such models. Several houses are already furnished with their miniatures. Winbo developers create furniture with the maximum number of complex and original parts.
Special furniture molds, Designing on 3D devices allows you to make both furniture and molds for its casting. Such mold was used to create a 3D chair made of aluminum. To do this, the printer program loads data about the expected load of the collected object. The algorithm of the program places the material inside the mold according to a principle similar to the growth and development of plants. As a result, the chair has an interesting biomorphic appearance. The potential of this method is huge: it can be used in everyday life, as well as in machinery.
Miniature replicas of designer furniture. A new architectural technique, involving the use of a 3D printer, tends to create miniature models, as noted earlier. Famous furniture designer Angelo Donghia creates models that combine the latest technologies, the best materials, and detailed elaboration. There is a strong demand for Donghia Inc furniture among wealthy people. It is appreciated for the simplicity, quality and conciseness of the forms. A similar combination of simplicity and luxury was noted when making miniature copies of furniture on a 3D printer.
Interior technological novelties, According to experts, exclusive design models are a product of innovation and creativity. It can be noticed in the creation of architectural and interior refinements. The cooperation of the Xuberance Shanghai design studio and the students of the Academy of Educational Arts confirms this. The tables, chairs, hangers, and lamps created with the help of 3D printing fascinate with their uniqueness. They are both objects of furniture and decoration of the interior which combine several types of materials.
The Russian officials see no risk in the ruble’s decline. Thus, the Economic Development Ministry unveiled its forecast where it said that the dollar/ruble exchange rate will average 65.4 rubles in September, 64.5 rubles in October and 63.9 rubles in November-December. Interestingly, the ministry’s position seems contrast with that of the government.
“In August 2018, the Russian ruble continued to weaken amid the new wave of capital outflow from emerging markets and worsening economic situation in Turkey as well as the potential introduction of additional US sanctions against Russia,” it said. Meanwhile, the president and the government earlier said that the sanctions would only be good for the domestic economy.
Still, it is not clear how the weaker ruble can be of benefit to the Russian people, which cannot be said about national companies exporting oil and gas in US dollars.
The Russian officials see no risk in the ruble’s decline. Thus, the Economic Development Ministry unveiled its forecast where it said that the dollar/ruble exchange rate will average 65.4 rubles in September, 64.5 rubles in October and 63.9 rubles in November-December. Interestingly, the ministry’s position seems contrast with that of the government.
“In August 2018, the Russian ruble continued to weaken amid the new wave of capital outflow from emerging markets and worsening economic situation in Turkey as well as the potential introduction of additional US sanctions against Russia,” it said. Meanwhile, the president and the government earlier said that the sanctions would only be good for the domestic economy.
Still, it is not clear how the weaker ruble can be of benefit to the Russian people, which cannot be said about national companies exporting oil and gas in US dollars.
The Russian officials see no risk in the ruble’s decline. Thus, the Economic Development Ministry unveiled its forecast where it said that the dollar/ruble exchange rate will average 65.4 rubles in September, 64.5 rubles in October and 63.9 rubles in November-December. Interestingly, the ministry’s position seems contrast with that of the government.
“In August 2018, the Russian ruble continued to weaken amid the new wave of capital outflow from emerging markets and worsening economic situation in Turkey as well as the potential introduction of additional US sanctions against Russia,” it said. Meanwhile, the president and the government earlier said that the sanctions would only be good for the domestic economy.
Still, it is not clear how the weaker ruble can be of benefit to the Russian people, which cannot be said about national companies exporting oil and gas in US dollars.
Against the backdrop of growing interest in virtual currencies, the use of bitcoin as a payment for the purchase and sale of real estate is becoming quite common, and more and more realtors around the world are beginning to actively use "digital gold".
One of the earliest recorded cases of real estate sales for bitcoins was recorded in Canada in 2013 when the cost of 1 BTC was $45. The subject of the transaction was a house with a land plot. It is known that the seller received C$405 thousand in the cryptocurrency equivalent and invested them in the development of his own online projects.
In the same year, an unknown buyer purchased 1.4 acres of land with 42 facilities for 2,739 BTC, or $1.6 million, on Lake Tahoe (California, the USA). It is interesting that the idea to pay with the cryptocurrency belonged to the buyer, that's why he preferred to remain anonymous.
In February 2014, on the island of Bali (Indonesia), a luxury villa was sold for 800 bitcoins, which at that time was equal to $500 thousand. The buyer's name remained unknown, and the seller was German developer Ronny Thome who sold half of the bitcoins obtained and kept the rest. "It's like gambling, but cryptocurrency can be an attractive target for investment," he said after the deal was concluded.
At the end of 2014 in Caesarea, Israel, an elite villa with ten rooms, a private garden of palm trees and an outdoor pool with a Jacuzzi was sold for 5,000 bitcoins. It is noteworthy that in the area where the villa is located, many local celebrities live, as well as influential people.
In 2015, it became possible to rent an office in the center of London for bitcoins, thanks to the fact that the Re/Max operator of office real estate began to accept virtual currency as a payment for the use of its facilities. This was the first case of renting commercial premises for bitcoins not only in the British capital but all over the world.
In August 2017, a resident of Miami sold his mansion in Coral Gables for 1,600 BTC, which at the time of the transaction amounted to $6.5 million. Realtors of South Florida believe that the use of cryptocurrency opens up new opportunities for buyers and investors from around the world, including countries in Asia, South America, and other regions.
In September last year, the British Knox Group, based on the Isle of Man, launched in Dubai (UAE) the construction of a housing and commercial complex consisting of two high-rise buildings and a shopping center. The company plans to complete the construction of facilities by September 2019. According to representatives of the company, a number of apartments have already been put up for sale for bitcoins. In particular, the studio apartment will cost $133 thousand, which is equivalent to approximately 19 BTC at the current rate.
Currently, a team of real estate agents, Magnum Real Estate, accepts bitcoins as a payment for an apartment in the East Village in Manhattan. "We believe that New York is an ideal platform for diversifying investment trust portfolios in real estate, and bitcoin can only strengthen these positions," they said.
Against the backdrop of growing interest in virtual currencies, the use of bitcoin as a payment for the purchase and sale of real estate is becoming quite common, and more and more realtors around the world are beginning to actively use "digital gold".
One of the earliest recorded cases of real estate sales for bitcoins was recorded in Canada in 2013 when the cost of 1 BTC was $45. The subject of the transaction was a house with a land plot. It is known that the seller received C$405 thousand in the cryptocurrency equivalent and invested them in the development of his own online projects.
In the same year, an unknown buyer purchased 1.4 acres of land with 42 facilities for 2,739 BTC, or $1.6 million, on Lake Tahoe (California, the USA). It is interesting that the idea to pay with the cryptocurrency belonged to the buyer, that's why he preferred to remain anonymous.
In February 2014, on the island of Bali (Indonesia), a luxury villa was sold for 800 bitcoins, which at that time was equal to $500 thousand. The buyer's name remained unknown, and the seller was German developer Ronny Thome who sold half of the bitcoins obtained and kept the rest. "It's like gambling, but cryptocurrency can be an attractive target for investment," he said after the deal was concluded.
At the end of 2014 in Caesarea, Israel, an elite villa with ten rooms, a private garden of palm trees and an outdoor pool with a Jacuzzi was sold for 5,000 bitcoins. It is noteworthy that in the area where the villa is located, many local celebrities live, as well as influential people.
In 2015, it became possible to rent an office in the center of London for bitcoins, thanks to the fact that the Re/Max operator of office real estate began to accept virtual currency as a payment for the use of its facilities. This was the first case of renting commercial premises for bitcoins not only in the British capital but all over the world.
In August 2017, a resident of Miami sold his mansion in Coral Gables for 1,600 BTC, which at the time of the transaction amounted to $6.5 million. Realtors of South Florida believe that the use of cryptocurrency opens up new opportunities for buyers and investors from around the world, including countries in Asia, South America, and other regions.
In September last year, the British Knox Group, based on the Isle of Man, launched in Dubai (UAE) the construction of a housing and commercial complex consisting of two high-rise buildings and a shopping center. The company plans to complete the construction of facilities by September 2019. According to representatives of the company, a number of apartments have already been put up for sale for bitcoins. In particular, the studio apartment will cost $133 thousand, which is equivalent to approximately 19 BTC at the current rate.
Currently, a team of real estate agents, Magnum Real Estate, accepts bitcoins as a payment for an apartment in the East Village in Manhattan. "We believe that New York is an ideal platform for diversifying investment trust portfolios in real estate, and bitcoin can only strengthen these positions," they said.
Against the backdrop of growing interest in virtual currencies, the use of bitcoin as a payment for the purchase and sale of real estate is becoming quite common, and more and more realtors around the world are beginning to actively use "digital gold".
One of the earliest recorded cases of real estate sales for bitcoins was recorded in Canada in 2013 when the cost of 1 BTC was $45. The subject of the transaction was a house with a land plot. It is known that the seller received C$405 thousand in the cryptocurrency equivalent and invested them in the development of his own online projects.
In the same year, an unknown buyer purchased 1.4 acres of land with 42 facilities for 2,739 BTC, or $1.6 million, on Lake Tahoe (California, the USA). It is interesting that the idea to pay with the cryptocurrency belonged to the buyer, that's why he preferred to remain anonymous.
In February 2014, on the island of Bali (Indonesia), a luxury villa was sold for 800 bitcoins, which at that time was equal to $500 thousand. The buyer's name remained unknown, and the seller was German developer Ronny Thome who sold half of the bitcoins obtained and kept the rest. "It's like gambling, but cryptocurrency can be an attractive target for investment," he said after the deal was concluded.
At the end of 2014 in Caesarea, Israel, an elite villa with ten rooms, a private garden of palm trees and an outdoor pool with a Jacuzzi was sold for 5,000 bitcoins. It is noteworthy that in the area where the villa is located, many local celebrities live, as well as influential people.
In 2015, it became possible to rent an office in the center of London for bitcoins, thanks to the fact that the Re/Max operator of office real estate began to accept virtual currency as a payment for the use of its facilities. This was the first case of renting commercial premises for bitcoins not only in the British capital but all over the world.
In August 2017, a resident of Miami sold his mansion in Coral Gables for 1,600 BTC, which at the time of the transaction amounted to $6.5 million. Realtors of South Florida believe that the use of cryptocurrency opens up new opportunities for buyers and investors from around the world, including countries in Asia, South America, and other regions.
In September last year, the British Knox Group, based on the Isle of Man, launched in Dubai (UAE) the construction of a housing and commercial complex consisting of two high-rise buildings and a shopping center. The company plans to complete the construction of facilities by September 2019. According to representatives of the company, a number of apartments have already been put up for sale for bitcoins. In particular, the studio apartment will cost $133 thousand, which is equivalent to approximately 19 BTC at the current rate.
Currently, a team of real estate agents, Magnum Real Estate, accepts bitcoins as a payment for an apartment in the East Village in Manhattan. "We believe that New York is an ideal platform for diversifying investment trust portfolios in real estate, and bitcoin can only strengthen these positions," they said.
The Russian officials see no risk in the ruble’s decline. Thus, the Economic Development Ministry unveiled its forecast where it said that the dollar/ruble exchange rate will average 65.4 rubles in September, 64.5 rubles in October and 63.9 rubles in November-December. Interestingly, the ministry’s position seems contrast with that of the government.
“In August 2018, the Russian ruble continued to weaken amid the new wave of capital outflow from emerging markets and worsening economic situation in Turkey as well as the potential introduction of additional US sanctions against Russia,” it said. Meanwhile, the president and the government earlier said that the sanctions would only be good for the domestic economy.
Still, it is not clear how the weaker ruble can be of benefit to the Russian people, which cannot be said about national companies exporting oil and gas in US dollars.
