Most unusual hotels according to travelers |
Tripadvisor, the famous travel portal, has compiled a list of the most unusual hotels according to travelers reviews. In our photo gallery, you will find out what impressed tourists in 2018 and where exactly it is worth staying for the night.
Qasr Al Sarab Desert Resort by Anantara, Hamim, UAE
This is an ideal shelter in the middle of the legendary desert of Liwa. Travelers describe the hotel as “just an amazing place in the middle of a desert with red sand”. And although all the rooms of the hotel overlook the desert, guests can spend time in the spa center, the fitness room, the swimming pool, four restaurants, and the library or go on an excursion to get unforgettable impressions.
Hotel Eclat Beijing, Beijing, China
Eclat Hotel is located within Beijing’s new landmark, Parkview Green FangCaoDi. The rooms of the hotel, built in the form of a glass pyramid, are decorated with a stunning collection of works of art, including such authors as Salvador Dali and Andy Warhol.
“This hotel was built as an art gallery, so there is always something to see in it,” such reviews are left by hotel guests.
Giraffe Manor, Nairobi, Kenya
Giraffe Manor is a safari-paradise with green gardens, sun terraces and delightful courtyards, along which giraffes walk. In the mansion, built in 1932, the nursery for the Rothschild giraffes was organized. Here they are bred and released back into nature.
A small hotel today has ten rooms decorated in colonial style. Do not be surprised if a giraffe knocks on your window in the morning.
Gamirasu Cave Hotel, Ayvali, Turkey
In Gamirasu Cave, guests live right in a thousand years old caves carved into volcanic rocks. Previously these caves were occupied by monks of the Byzantine monastery, and today, in elegant rooms with vaulted ceilings and traditional Turkish decor, there are bathrooms and balconies overlooking the rose garden.
La Fortuna at Atitlan, Santa Cruz La Laguna, Guatemala
La Fortuna is positioning itself as an eco-hotel which is located on the shores of Lake Atitlan, one of the most beautiful volcanic lakes in the world. There are five luxurious bungalows, each of which was built with environmentally friendly materials. The staff ensures that the rooms always have clean drinking water and fresh fruits.
Hotel Negresco, Nice, France
This famous luxury hotel in the neoclassical style is a well-known meeting place of crowned and titled persons from all over the world. The design presents the style of five different historical eras, from Louis XIII to modern times.
The Verb Hotel, Boston, USA
The Verb will take you back to the future. As the main characters of the popular saga, you will return to the 50s. The hotel is built in rock and roll style, and its walls are decorated with musical rarities of those times. It is never too late to dance to Elvis Presley.
QT Museum Wellington, Wellington, New Zealand
The hotel, located on the glittering waterfront of Wellington, has a large collection of modern art from New Zealand. The hotel can boast over 160 original works of local and national artists.
The inscription on the hotel’s website reads: “Immerse yourself in a fascinating fusion of high and low-brow art as you explore the creative depths of one of New Zealand's most eccentric art collections.”
Pumphouse Point, Tasmania, Australia
The former power station was turned into a comfortable boutique hotel. The building is located in the middle of the deepest lake in Australia, St. Clair, on the island connected to the land by a 250-meter bridge.
In the hotel, there are 18 rooms, free bike rental, fishing and many other attractions for a relaxing holiday and unity with nature.
Treehotel, Harads, Sweden
The rooms of the eco-hotel are located in the forest among the trees. Stay in one of seven houses and enjoy your holiday: watch the northern lights, ski or go horse riding.
"One of the most interesting and unusual hotels to stay," reviews of guests on Tripadvisor.
Dash Hotel Seminyak Bali, Seminyak, Indonesia
“A stylish, unusual and colorful hotel”, this is how the guests of the Dash Hotel, located in a heavenly spot on the island of Bali, describe it. In this hotel, everything is colorful, even the water in the pool. Seminyak Beach, where you can sunbathe or surf, is situated 10-minute walk away.
Napo Wildlife Center Ecolodge, Yasuni National Park, Ecuador
Explore the Amazon rainforest and discover the traditions of the local indigenous communities, staying at one of the houses located in Yasuni National Park. The park is considered one of the most diverse on the planet. The hotel has everything to ensure that you get closer acquainted with the flora and fauna of the park, even the panoramic floors in the rooms.
The Queen Mary, California, USA
Feel like a real captain on the famous ocean liner, moored permanently in the city of Long Beach. The transatlantic liner was launched in 1934. In 1940, the ship was called up for military service, receiving the name "Gray Ghost", because its speed made it easy to get away from enemy submarines. Today, there are 16 lounges on board with the ability to accommodate up to 2,000 people at a time and a hotel for 365 people. On the ship, there is even a wedding chapel and a church.
Hotel H2O, Manila, Philippines
A themed hotel, decorated in the style of H2O, offers a beautiful view of the Gulf of Manila. The rooms are equipped with wall-to-wall aquariums. So the guests are offered to get acquainted with the underwater world of the country.
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People’s Bank of China sets weakest yuan rate since 2008 |
According to experts, the representatives of the People’s Bank of China (PBOC) took a number of measures aimed at weakening the national currency against the US dollar. China's yuan fell to a fresh 10-year low against the dollar.
On Tuesday, October 30, the PBOC set its official yuan midpoint at 6.9574 per dollar. This is 197 pips or 0.28 percent weaker than the previous fix. Analysts consider this rate as the lowest since 2008. They point out that the yuan has slumped significantly since the beginning of the trade war between Beijing and Washington. The Chinese central bank announced its intention to keep the yuan at a fixed exchange rate to the dollar. Top Chinese officials repeatedly vowed they will not use the yuan’s depreciation as a weapon in the trade war with the US.
Remember that in August 2015 China’s central bank shocked global stock markets when it sharply devalued the yuan against the US dollar by a record 3%. After that, China’s currency saw three more waves of weakening in winter 2015-2016 (down to 6.55 yuan per US dollar), in July 2016 (down to 6.67 yuan per US dollar) and in October 2016. Previously, experts suggested that the central Bank deliberately devalued the yuan to boost exports. The Chinese officials denied these allegations.
Read more: https://www.mt5.com/forex_humor/image/38547
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People’s Bank of China sets weakest yuan rate since 2008 |
According to experts, the representatives of the People’s Bank of China (PBOC) took a number of measures aimed at weakening the national currency against the US dollar. China's yuan fell to a fresh 10-year low against the dollar.
On Tuesday, October 30, the PBOC set its official yuan midpoint at 6.9574 per dollar. This is 197 pips or 0.28 percent weaker than the previous fix. Analysts consider this rate as the lowest since 2008. They point out that the yuan has slumped significantly since the beginning of the trade war between Beijing and Washington. The Chinese central bank announced its intention to keep the yuan at a fixed exchange rate to the dollar. Top Chinese officials repeatedly vowed they will not use the yuan’s depreciation as a weapon in the trade war with the US.
Remember that in August 2015 China’s central bank shocked global stock markets when it sharply devalued the yuan against the US dollar by a record 3%. After that, China’s currency saw three more waves of weakening in winter 2015-2016 (down to 6.55 yuan per US dollar), in July 2016 (down to 6.67 yuan per US dollar) and in October 2016. Previously, experts suggested that the central Bank deliberately devalued the yuan to boost exports. The Chinese officials denied these allegations.
Read more: https://www.mt5.com/forex_humor/image/38547
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Ten most influential oil countries |
A number of OPEC countries have the most significant impact on the global oil market. These are mainly Asian countries. Experts believe that they form the level of supply and demand in the oil market. Let's look at the most authoritative of them.
Saudi Arabia
Saudi Arabia is considered one of the largest oil producers among OPEC countries. Over the past year, the kingdom produced 9.96 million barrels per day and exported 6.97 million barrels. In the yearbook of BP, one of the most authoritative sources, giving data on oil, during the reporting period, the level of oil production in Saudi Arabia was estimated at 11.95 million barrels per day.
Iraq
Analysts believe that Iraq is the second most important oil producer in the global market. Over the past year, according to OPEC, 4.47 million barrels per day were extracted in the country, and 3.802 million barrels were exported. According to BP, in 2017, Iraq’s production level was accounted to 4.52 million barrels per day.
Iran
The third place was taken by Iran, which, despite the current US sanctions, remains the leader in the oil industry. For 2017, the level of Iranian oil production, according to OPEC, amounted to 3.87 million barrels per day, and exports - to 2.125 million barrels. According to BP, the level of oil production for the reporting period was 4.98 million barrels per day. Experts find it difficult to predict how effectively the Iranian oil industry will function after the next tranche of restrictions from the United States is introduced.
United Arab Emirates (UAE)
The fourth position was occupied by the United Arab Emirates, which last year produced 2.97 million barrels per day. At the same time, the country exported 2.38 million barrels. BP estimates oil production at 3.94 million barrels per day.
Kuwait
The fifth place among the most influential oil producers was awarded to Kuwait. According to OPEC, last year the country produced 2.7 million barrels per day and exported - 2.01 million barrels. According to BP, in 2017, 3.03 million barrels per day were extracted from the depths of Kuwait.
Venezuela
Venezuela ranks sixth in the list. In 2017, the country's oil production reached 2.035 million barrels per day, and exports - 1.6 million barrels, according to OPEC. According to BP estimates, last year, the country produced 2.11 million barrels per day.
Nigeria
According to OPEC, Nigeria, one of the largest countries in Africa, can be awarded the seventh place. Last year, the production of oil in the country amounted to 1.5 million barrels. According to BP, during the reporting period, 1.99 million barrels were extracted in Nigeria. At the same time, the cartel noted that the level of exports in the country is higher than the amount of production, 1.8 million barrels per day.
Algeria
The eighth place in the ranking of countries that have a significant impact on the oil market is held by another cartel's country, Algeria. According to OPEC, last year Algeria produced 1.06 million barrels per day, and 632,600 barrels were exported. According to BP estimates, oil production here was estimated at 1.54 million barrels per day.
Gabon
The ninth place belongs to Gabon, which returned to the cartel in 2016. Over the past year, OPEC estimates the level of oil production in the country at 210,000 barrels per day, and the level of exports at 188,400 barrels. BP estimates that in 2017 Gabon produced 200,000 barrels per day.
Equatorial Guinea
Equatorial Guinea takes the last place in the list of top ten countries influencing the global oil market. |It joined OPEC in the spring of 2017. According to the cartel, during the reporting period, 129,000 barrels per day were produced in the country, and 128,200 barrels per day were exported. According to BP, in 2017, Equatorial Guinea extracted 199,000 barrels per day.
Метки: #photo_news |
Ten most influential oil countries |
A number of OPEC countries have the most significant impact on the global oil market. These are mainly Asian countries. Experts believe that they form the level of supply and demand in the oil market. Let's look at the most authoritative of them.
Saudi Arabia
Saudi Arabia is considered one of the largest oil producers among OPEC countries. Over the past year, the kingdom produced 9.96 million barrels per day and exported 6.97 million barrels. In the yearbook of BP, one of the most authoritative sources, giving data on oil, during the reporting period, the level of oil production in Saudi Arabia was estimated at 11.95 million barrels per day.
Iraq
Analysts believe that Iraq is the second most important oil producer in the global market. Over the past year, according to OPEC, 4.47 million barrels per day were extracted in the country, and 3.802 million barrels were exported. According to BP, in 2017, Iraq’s production level was accounted to 4.52 million barrels per day.
Iran
The third place was taken by Iran, which, despite the current US sanctions, remains the leader in the oil industry. For 2017, the level of Iranian oil production, according to OPEC, amounted to 3.87 million barrels per day, and exports - to 2.125 million barrels. According to BP, the level of oil production for the reporting period was 4.98 million barrels per day. Experts find it difficult to predict how effectively the Iranian oil industry will function after the next tranche of restrictions from the United States is introduced.
United Arab Emirates (UAE)
The fourth position was occupied by the United Arab Emirates, which last year produced 2.97 million barrels per day. At the same time, the country exported 2.38 million barrels. BP estimates oil production at 3.94 million barrels per day.
Kuwait
The fifth place among the most influential oil producers was awarded to Kuwait. According to OPEC, last year the country produced 2.7 million barrels per day and exported - 2.01 million barrels. According to BP, in 2017, 3.03 million barrels per day were extracted from the depths of Kuwait.
Venezuela
Venezuela ranks sixth in the list. In 2017, the country's oil production reached 2.035 million barrels per day, and exports - 1.6 million barrels, according to OPEC. According to BP estimates, last year, the country produced 2.11 million barrels per day.
Nigeria
According to OPEC, Nigeria, one of the largest countries in Africa, can be awarded the seventh place. Last year, the production of oil in the country amounted to 1.5 million barrels. According to BP, during the reporting period, 1.99 million barrels were extracted in Nigeria. At the same time, the cartel noted that the level of exports in the country is higher than the amount of production, 1.8 million barrels per day.
Algeria
The eighth place in the ranking of countries that have a significant impact on the oil market is held by another cartel's country, Algeria. According to OPEC, last year Algeria produced 1.06 million barrels per day, and 632,600 barrels were exported. According to BP estimates, oil production here was estimated at 1.54 million barrels per day.
Gabon
The ninth place belongs to Gabon, which returned to the cartel in 2016. Over the past year, OPEC estimates the level of oil production in the country at 210,000 barrels per day, and the level of exports at 188,400 barrels. BP estimates that in 2017 Gabon produced 200,000 barrels per day.
Equatorial Guinea
Equatorial Guinea takes the last place in the list of top ten countries influencing the global oil market. |It joined OPEC in the spring of 2017. According to the cartel, during the reporting period, 129,000 barrels per day were produced in the country, and 128,200 barrels per day were exported. According to BP, in 2017, Equatorial Guinea extracted 199,000 barrels per day.
Метки: #photo_news |
Bitcoin suffers loss on its 10th birthday |
Most recently, all progressive humanity has celebrated the birthday of bitcoin. The world’s first cryptocurrency has turned 10 years old. However, such an event did not lead to a rise in its value, but rather the holiday was held amid its decline.
Nevertheless, over the past 10 years, the pioneer of the cryptocurrency market has experienced ups and downs, and has got much to be proud of. Having once been an unknown asset, bitcoin managed to become one of the top five world's largest currencies and go up in price from 0 to 20 thousand dollars per coin. Dozens of currencies have existed in the world for a long time, but even over more than 100 years of their existence have not been able to do any of the stuff that bitcoin did.
Going into detail, on October, 2008, someone called Satoshi Nakamoto published an article titled “Bitcoin: A Peer-to-Peer Electronic Cash System”. The mail contained detailed information on bitcoin, as well as principles for the conduct of operations with this digital coin. This publication marked the beginning of the new digital currency era. In late 2017 and early 2018 the currency demonstrated its value increase to an all-time high, but then bitcoin started to depreciate sharply.
According to the expert, against the background of a sharp appreciation of Bitcoin in 2017, a large number of non-professional investors joined the market. Having learned of the stories about people who raised on digital money from the media or forums, they began to buy the cryptocurrency. However, they lacked both a good understanding of what the cryptocurrency is and the knowledge of its scalability problem. All these factors provoked a boom in the market, as a result of which bitcoin was overbought.
Read more: https://www.mt5.com/forex_humor/image/38522
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Eight countries which are actively developing artificial intelligence |
In many countries of the world, researchers are interested in the active development and improvement of artificial intelligence (AI). Scientists are making every effort to create innovation. The information regarding the countries in which such activity is most clearly expressed, you can find out from our material
Currently, scientists are focusing on the development of artificial intelligence. A number of countries creates new technologies and improves the existing ones. We suggest to get acquainted with the states where such a strategy is being followed.
USA
The leader in the development of artificial intelligence (AI) isthe United States. According to the report for 2017 presented by the American RAND research center, AI is used quite extensively in the country. Artificial intelligence supports the development of highly effective training systems, big data software, the improvement of the facial recognition system, as well as the US military needs. There are 2,028 companies specializing in the field of AI in the country.
China
The second place in terms of the development of AI is occupied by China. Large Chinese companies, such as Tencent and Alibaba, seek to use the capabilities of AI in their products, and also sell related services to the whole world. In China, there are about 1,011 companies working in the field of AI. According to analysts, this accounts for 20.53% of the global producion.
Great Britain
The third place of honor in the field of creating AI goes to Great Britain. The country is considered to be one of the most attractive in Europe for innovative companies around the world, especially for those operating in the field of medicine and biology, information technology, innovative engineering, as well as the research industry.
Canada
The fourth position in this ranking is taken by Canada. The country has always been considered to be one of the leaders in the field of science and technology. According to experts, Canadian researchers have made a breakthrough in improvingand developing new modes of transport, means ofcommunication, equipment for the mining and forest industries, as well as in the field of nuclear energy and food industry. Canadian scientists have succeeded in the development of remote control systems, medicine, and bioengineering.
India
The fifth place in the development of AI goes to India. According to experts, the country is gradually becoming a major world power in the field of information technology. At the moment, India is one of the leading manufacturers and exporters of software in the world. In recent years, analysts have recorded significant achievements in a range of high-techspheres of the Indian economy.
Israel
Israel occupies the sixth place among the most advanced countries in the field of AI. Science and technology in the country are the most developed industries. The amount of expenditure for research and development in innovation is one of the highest in the world. Israeli scientists have made a significant contribution to the development of computer technology, electronics, genetics, medicine, and others. Israel is considered to be a favorable place for market participants. The country's population is recognized as one of the most technologically literate in the world.
France
The seventh place in the ranking of states that are actively developing the field of AI, goes to France. The country has been running a programme for the development of this technology, which is very successful. French authorities arestriving to achieve leadership in the industry. As experts emphasize, France has always been famous for strong mathematical and engineering schools. Many researchers in the field of artificial intelligence working in Silicon Valley and London come from France.
Germany
The eighth position in this list is occupied by Germany, where the share of expenditure on research and development in the field of AI is very high. The country has a wealth of experience in the areas of innovation. The outcome of this work is the high competitiveness of German companies in the field of mechanical engineering, electrical engineering, medicine, etc. The leading research institute of the country in the field of innovative software based on AI is the German Research Center for Artificial Intelligence (DFKI), where the lion's share of thecountry's scientific projects are developed.
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Google, Amazon post disappointing sales outlook |
Weak financial performance will please only competitors but not investors. Two technology giants, Amazon and Google, published very modest profit reports and forecasts for the current quarter. Shareholders were disappointed by these quarterly results causing companies stock collapse. It is worth noting that the fall was really unpredictable and steep. During the extended trading session, Amazon and Google lost 7.5 percent and 3 percent, respectively. At the same time, during the main session, both assets showed steady growth of 7 percent and more than 4 percent. However, the growth did not just stopped, it ended in a specific and unexpected collapse of quotes. At first, investors were frustrated with the income data and then with weak forecasts.
It should be noted that this fall is different from the others seen in the last ten years. The main distinction lies in external factors, namely the gradual monetary policy tightening and the mopping up of excess liquidity. It is very hard for assets to recover in value under such circumstances. Many experts began to agree that the launch of QE after the 2008 financial collapse was a serious mistake. It completely blurred the boundaries of such concept as risk. Bonds worth hundreds of billions had negative returns, junk bonds were traded with minimal yields, etc. Amazon and Google have been among the leaders of the uptrend in the stock market in recent years, but their value is inadequately high, so attention will now be focused on them. There were a lot of such “bubbles” in history.
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Six Donald Trump's bankruptcies |
ДActing US President Donald Trump is known as an outstanding businessman and entrepreneur who has achieved incredible success in the construction, gambling and hotel industries. To date, the financial state of the American president is estimated at several billion dollars. However, Trump was not always that lucky: in our photo gallery, we will present you six cases of bankruptcy that a businessman faced.
The world community knows Donald Trump as a successful businessman, entrepreneur, and the president of the United States of America. However, not many people know that during his life he has repeatedly failed in business declaring himself bankrupt six times. In our photo article, we will tell you more about all the bankruptcies of the 45th President of the United States.
Taj Mahal, 1991
Taj Mahal is an entertainment community complex in Atlantic City, New Jersey, USA. The complex, which includes hotels, restaurants and sports arenas, is owned by Trump Entertainment Resorts. In 1989, Donald Trump launched a casino construction project attracting $1 billion in investment. Investment in the project represented a classic pyramid.
In 1991, the project accumulated a huge amount of debt which led to bankruptcy.
Trump Castle Hotel&Casino, 1992
Until 2004, the company known as Trump Hotels and Casino Resorts was owned by Donald Trump, now the chain of casinos belongs to Icahn Enterprises L.P.
In the mid-90s, Donald Trump tried to restore his position in the American business market by conducting an IPO of this company. At that time, it included three casinos: Trump Plaza, Trump's Castle and Trump Taj Mahal. Due to this, Trump's share in the company was estimated at 41% and $400 million. Despite this, the casino chain constantly got into debt and declared bankruptcy four times (in 1991, 2004, 2009 and 2014).
Trump Plaza Casino, 1992
The casino was opened in May 1984, after Trump signed an agreement to build a casino with Harrah's Entertainment. Plaza Casino was one of the two Trump casinos in Atlantic City. In 1992, it filled out a bankruptcy application together with the Castle Hotel&Casino.
And in 2014, Trump Plaza was closed, as a result of which more than 1 thousand people lost their jobs.
Trump Plaza Hotel, 1992
The hotel was opened in 1984, but it turned out to be very expensive and luxurious, and too inaccessible for the population of the northeastern United States at that time. A lot of luxury rooms were left unused for most of the year. As a result, Donald Trump decided to bankrupt this hotel. It is noteworthy that at the time of signing the application for bankruptcy, the hotel’s debts amounted to over $550 million.
Trump Hotels and Casino Resorts, 2004
In 1995, Donald Trump registers a holding company for Trump's three casinos, Trump Plaza, Trump's Castle and Trump Taj Mahal. This new company opened a casino in New York and Indiana and also participated in the promotion of the gambling business in California. In 2004, Trump Hotels and Casino Resorts went bankrupt and then was renamed Trump Entertainment Resorts. In 2016, a large number of company's shares was acquired by Icahn Enterprises.
Trump Entertainment Resorts, 2009
Trump's building empire has undergone many shocks due to the impact of the 2008 global crisis. The sharp drop in sales led to Trump's inability to repay a $40 million loan. Despite the fact that the billionaire could pay off the debt from personal funds, Donald Trump chose to again declare bankruptcy, noting the financial crisis as a force majeure circumstance. In 2009, Trump left the board of directors of his own company.
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Stock market jitters to entail real crash |
The US stock market has been badly hurt by severe downturns. Equities of the banking sector and the top tech giants went into a nosedive. US stock indices have hit fresh lows. Previously, benchmark indices had shot to historical highs. Thus, a plunge in equities is alarming.
The high-tech Nasdaq which includes such companies as Apple, Amazon, Google, and Facebook plummeted by 4.5%. That was the strongest drop since 2011. Analyzing their losses, Netflix shed almost 10%, Amazon fell nearly 6% just the same as Google and Microsoft. The so-called FANG stocks have already tumbled 17% of their high in July. However, the heaviest losses were posted by Advanced Micro Devices, Inc. (AMD), one of the global leaders in manufacturing electronic chips. The reason is obvious. AMD shares slumped 25% as market participants are discouraged by weak corporate records. But, even taking all these fluctuations into account, the Nasdaq is still in the positive territory since the start of the year, but the Dow Jones Industrial Average (DJIA) and S&P 500 Index were less stable as they slipped into the negative territory. Anyway, the reason of concerns is not the fall itself, as it is a common thing in the stock market, but the high probability of a real crash. The tightening of monetary policy decreases the liquidity of money and in this situation, it is not possible to hold the stock indices steady. The stocks begin to change dramatically in prices. The market turmoil is happening amid dollar appreciation.
The Fed will make the most large-scale treasury repayments in the first half of November. It means that more than $60 billion will instantly disappear from the system. This will inevitably lead to the growth of the US dollar and further deterioration of market conditions.
Read more: https://www.mt5.com/forex_humor/image/38484
Метки: #forex_caricature |
Stock market jitters to entail real crash |
The US stock market has been badly hurt by severe downturns. Equities of the banking sector and the top tech giants went into a nosedive. US stock indices have hit fresh lows. Previously, benchmark indices had shot to historical highs. Thus, a plunge in equities is alarming.
The high-tech Nasdaq which includes such companies as Apple, Amazon, Google, and Facebook plummeted by 4.5%. That was the strongest drop since 2011. Analyzing their losses, Netflix shed almost 10%, Amazon fell nearly 6% just the same as Google and Microsoft. The so-called FANG stocks have already tumbled 17% of their high in July. However, the heaviest losses were posted by Advanced Micro Devices, Inc. (AMD), one of the global leaders in manufacturing electronic chips. The reason is obvious. AMD shares slumped 25% as market participants are discouraged by weak corporate records. But, even taking all these fluctuations into account, the Nasdaq is still in the positive territory since the start of the year, but the Dow Jones Industrial Average (DJIA) and S&P 500 Index were less stable as they slipped into the negative territory. Anyway, the reason of concerns is not the fall itself, as it is a common thing in the stock market, but the high probability of a real crash. The tightening of monetary policy decreases the liquidity of money and in this situation, it is not possible to hold the stock indices steady. The stocks begin to change dramatically in prices. The market turmoil is happening amid dollar appreciation.
The Fed will make the most large-scale treasury repayments in the first half of November. It means that more than $60 billion will instantly disappear from the system. This will inevitably lead to the growth of the US dollar and further deterioration of market conditions.
Read more: https://www.mt5.com/forex_humor/image/38484
Метки: #forex_caricature |
Five myths about private banking |
In Europe, specialized banking service originated a very long time. According to experts, its history is centuries old, and in Russia, Private banking appeared only recently. Its functioning is surrounded by many myths. It is not easy for people who have no financial experience to distinguish truth from fiction. We offer to consider this issue.
Market participants starting to work in the financial sector are faced with a new concept, Private banking. This is a premium personal banking service for wealthy individuals aimed at conducting operations with client funds. Thanks to Private Banking, the client’s financial condition multiplies. This service is similar to the management of private capital. It is not easy for clients of financial institutions to understand its nuances. As a rule, it is interpreted incorrectly and requires clarification.
Myth 1. Private banking emphasizes owner status
Many believe that individual banking services differ from the usual ones only by the level of comfort, the presence of personal managers and the prompt resolution of any issues. Experts agree only on the last point and partly on the second. The main task of the banking institution is to work on increasing the client's welfare. A portfolio consultant working as a personal assistant helps a lot in this situation.
Myth 2. Premium banking services are not for everyone
Not only big businessmen but also representatives of the middle class can afford a high level of comfort of servicing in a bank. To receive this service, you need a sufficient amount of funds that you are willing to invest or put on deposit. The amount of the deposit depends on the country and the bank. Investments will constantly work, experts remind. Financial institution VIP clients can use any financial instruments of the bank.
Myth 3. Private banking is similar to fiduciary management
Recall the feature of the trust management of the bank is that the management of the financial institution unilaterally decides when and in what to invest client funds. However, this statement is incorrect with respect to private banking. A personal manager assigned to every client helps them to create an investment strategy attracting a multitude of specialists, from investment experts to treasury employees. This allows the client to make an informed decision about a particular banking operation.
Myth 4. You need to have a good understanding of investments to get private banking
This statement is not true, experts emphasize. To obtain the privileges of banking services, a client only needs to maintain an average monthly balance using any products of the bank. Experts help to choose the most suitable of them, and then to form an investment portfolio. A VIP investor will be able to receive all the information about the dynamics of his assets, both remotely and personally.
Myth 5. Premium banking service holders have few privileges
According to experts, the scope of privileges for Private banking is quite diverse. Each bank has its own bonus package. As a rule, it includes insurance for traveling abroad, free access to the business halls of major airports, service support 24/7, access to private events and special offers, unlimited Wi-Fi abroad and even on board airplanes, online access to the latest news and analytical reviews, etc.
Метки: #photo_news |
Five myths about private banking |
In Europe, specialized banking service originated a very long time. According to experts, its history is centuries old, and in Russia, Private banking appeared only recently. Its functioning is surrounded by many myths. It is not easy for people who have no financial experience to distinguish truth from fiction. We offer to consider this issue.
Market participants starting to work in the financial sector are faced with a new concept, Private banking. This is a premium personal banking service for wealthy individuals aimed at conducting operations with client funds. Thanks to Private Banking, the client’s financial condition multiplies. This service is similar to the management of private capital. It is not easy for clients of financial institutions to understand its nuances. As a rule, it is interpreted incorrectly and requires clarification.
Myth 1. Private banking emphasizes owner status
Many believe that individual banking services differ from the usual ones only by the level of comfort, the presence of personal managers and the prompt resolution of any issues. Experts agree only on the last point and partly on the second. The main task of the banking institution is to work on increasing the client's welfare. A portfolio consultant working as a personal assistant helps a lot in this situation.
Myth 2. Premium banking services are not for everyone
Not only big businessmen but also representatives of the middle class can afford a high level of comfort of servicing in a bank. To receive this service, you need a sufficient amount of funds that you are willing to invest or put on deposit. The amount of the deposit depends on the country and the bank. Investments will constantly work, experts remind. Financial institution VIP clients can use any financial instruments of the bank.
Myth 3. Private banking is similar to fiduciary management
Recall the feature of the trust management of the bank is that the management of the financial institution unilaterally decides when and in what to invest client funds. However, this statement is incorrect with respect to private banking. A personal manager assigned to every client helps them to create an investment strategy attracting a multitude of specialists, from investment experts to treasury employees. This allows the client to make an informed decision about a particular banking operation.
Myth 4. You need to have a good understanding of investments to get private banking
This statement is not true, experts emphasize. To obtain the privileges of banking services, a client only needs to maintain an average monthly balance using any products of the bank. Experts help to choose the most suitable of them, and then to form an investment portfolio. A VIP investor will be able to receive all the information about the dynamics of his assets, both remotely and personally.
Myth 5. Premium banking service holders have few privileges
According to experts, the scope of privileges for Private banking is quite diverse. Each bank has its own bonus package. As a rule, it includes insurance for traveling abroad, free access to the business halls of major airports, service support 24/7, access to private events and special offers, unlimited Wi-Fi abroad and even on board airplanes, online access to the latest news and analytical reviews, etc.
Метки: #photo_news |
IMF says Bank of Russia has most erratic monetary policy |
The International Monetary Fund (IMF) assessed the central banks of various countries in one of its annual reports and recognized Russia’s central bank as the most unpredictable bank in the world.
However, not all the experts agree with this view.
Decisions taken by the bank throughout the past 4 years had been considerably anticipated. The Central Bank of the Russian Federation made it clear to the market that it intended to systematically reduce interest rates. Therefore, many have made significant profits on a rally of federal loan bonds. The latest rate increase did not surprise the market as well and was predicted by quite a lot of analysts.
The bank also believes that their decisions are not particularly unforeseen for the markets.
“My advice to analysts: try rather to look at the current situation than to read words of the previous statements, form your opinion regarding our future actions by understanding the logic of our decisions,” Ksenia Yudaeva, First Deputy Governor of the Bank of Russia advised.
On the other hand, the Federal Reserve System was considered by the IMF the most predictable. Janet Yellen, the former US Federal Reserve System Chairman, purposefully established communication with the market. Jerome Powell, the current Fed’s Chairman, has the same approach. The US Federal Reserve has not had a single step over the past 8 years, which the market did not know about in advance, the IMF claims.
Метки: #forex_caricature |
IMF says Bank of Russia has most erratic monetary policy |
The International Monetary Fund (IMF) assessed the central banks of various countries in one of its annual reports and recognized Russia’s central bank as the most unpredictable bank in the world.
However, not all the experts agree with this view.
Decisions taken by the bank throughout the past 4 years had been considerably anticipated. The Central Bank of the Russian Federation made it clear to the market that it intended to systematically reduce interest rates. Therefore, many have made significant profits on a rally of federal loan bonds. The latest rate increase did not surprise the market as well and was predicted by quite a lot of analysts.
The bank also believes that their decisions are not particularly unforeseen for the markets.
“My advice to analysts: try rather to look at the current situation than to read words of the previous statements, form your opinion regarding our future actions by understanding the logic of our decisions,” Ksenia Yudaeva, First Deputy Governor of the Bank of Russia advised.
On the other hand, the Federal Reserve System was considered by the IMF the most predictable. Janet Yellen, the former US Federal Reserve System Chairman, purposefully established communication with the market. Jerome Powell, the current Fed’s Chairman, has the same approach. The US Federal Reserve has not had a single step over the past 8 years, which the market did not know about in advance, the IMF claims.
Метки: #forex_caricature |
Most unusual hotels according to travelers |
Tripadvisor, the famous travel portal, has compiled a list of the most unusual hotels according to travelers reviews. In our photo gallery, you will find out what impressed tourists in 2018 and where exactly it is worth staying for the night.
Qasr Al Sarab Desert Resort by Anantara, Hamim, UAE
This is an ideal shelter in the middle of the legendary desert of Liwa. Travelers describe the hotel as “just an amazing place in the middle of a desert with red sand”. And although all the rooms of the hotel overlook the desert, guests can spend time in the spa center, the fitness room, the swimming pool, four restaurants, and the library or go on an excursion to get unforgettable impressions.
Hotel Eclat Beijing, Beijing, China
Eclat Hotel is located within Beijing’s new landmark, Parkview Green FangCaoDi. The rooms of the hotel, built in the form of a glass pyramid, are decorated with a stunning collection of works of art, including such authors as Salvador Dali and Andy Warhol.
“This hotel was built as an art gallery, so there is always something to see in it,” such reviews are left by hotel guests.
Giraffe Manor, Nairobi, Kenya
Giraffe Manor is a safari-paradise with green gardens, sun terraces and delightful courtyards, along which giraffes walk. In the mansion, built in 1932, the nursery for the Rothschild giraffes was organized. Here they are bred and released back into nature.
A small hotel today has ten rooms decorated in colonial style. Do not be surprised if a giraffe knocks on your window in the morning.
Gamirasu Cave Hotel, Ayvali, Turkey
In Gamirasu Cave, guests live right in a thousand years old caves carved into volcanic rocks. Previously these caves were occupied by monks of the Byzantine monastery, and today, in elegant rooms with vaulted ceilings and traditional Turkish decor, there are bathrooms and balconies overlooking the rose garden.
La Fortuna at Atitlan, Santa Cruz La Laguna, Guatemala
La Fortuna is positioning itself as an eco-hotel which is located on the shores of Lake Atitlan, one of the most beautiful volcanic lakes in the world. There are five luxurious bungalows, each of which was built with environmentally friendly materials. The staff ensures that the rooms always have clean drinking water and fresh fruits.
Hotel Negresco, Nice, France
This famous luxury hotel in the neoclassical style is a well-known meeting place of crowned and titled persons from all over the world. The design presents the style of five different historical eras, from Louis XIII to modern times.
The Verb Hotel, Boston, USA
The Verb will take you back to the future. As the main characters of the popular saga, you will return to the 50s. The hotel is built in rock and roll style, and its walls are decorated with musical rarities of those times. It is never too late to dance to Elvis Presley.
QT Museum Wellington, Wellington, New Zealand
The hotel, located on the glittering waterfront of Wellington, has a large collection of modern art from New Zealand. The hotel can boast over 160 original works of local and national artists.
The inscription on the hotel’s website reads: “Immerse yourself in a fascinating fusion of high and low-brow art as you explore the creative depths of one of New Zealand's most eccentric art collections.”
Pumphouse Point, Tasmania, Australia
The former power station was turned into a comfortable boutique hotel. The building is located in the middle of the deepest lake in Australia, St. Clair, on the island connected to the land by a 250-meter bridge.
In the hotel, there are 18 rooms, free bike rental, fishing and many other attractions for a relaxing holiday and unity with nature.
Treehotel, Harads, Sweden
The rooms of the eco-hotel are located in the forest among the trees. Stay in one of seven houses and enjoy your holiday: watch the northern lights, ski or go horse riding.
"One of the most interesting and unusual hotels to stay," reviews of guests on Tripadvisor.
Dash Hotel Seminyak Bali, Seminyak, Indonesia
“A stylish, unusual and colorful hotel”, this is how the guests of the Dash Hotel, located in a heavenly spot on the island of Bali, describe it. In this hotel, everything is colorful, even the water in the pool. Seminyak Beach, where you can sunbathe or surf, is situated 10-minute walk away.
Napo Wildlife Center Ecolodge, Yasuni National Park, Ecuador
Explore the Amazon rainforest and discover the traditions of the local indigenous communities, staying at one of the houses located in Yasuni National Park. The park is considered one of the most diverse on the planet. The hotel has everything to ensure that you get closer acquainted with the flora and fauna of the park, even the panoramic floors in the rooms.
The Queen Mary, California, USA
Feel like a real captain on the famous ocean liner, moored permanently in the city of Long Beach. The transatlantic liner was launched in 1934. In 1940, the ship was called up for military service, receiving the name "Gray Ghost", because its speed made it easy to get away from enemy submarines. Today, there are 16 lounges on board with the ability to accommodate up to 2,000 people at a time and a hotel for 365 people. On the ship, there is even a wedding chapel and a church.
Hotel H2O, Manila, Philippines
A themed hotel, decorated in the style of H2O, offers a beautiful view of the Gulf of Manila. The rooms are equipped with wall-to-wall aquariums. So the guests are offered to get acquainted with the underwater world of the country.
Метки: #photo_news |
Most unusual hotels according to travelers |
Tripadvisor, the famous travel portal, has compiled a list of the most unusual hotels according to travelers reviews. In our photo gallery, you will find out what impressed tourists in 2018 and where exactly it is worth staying for the night.
Qasr Al Sarab Desert Resort by Anantara, Hamim, UAE
This is an ideal shelter in the middle of the legendary desert of Liwa. Travelers describe the hotel as “just an amazing place in the middle of a desert with red sand”. And although all the rooms of the hotel overlook the desert, guests can spend time in the spa center, the fitness room, the swimming pool, four restaurants, and the library or go on an excursion to get unforgettable impressions.
Hotel Eclat Beijing, Beijing, China
Eclat Hotel is located within Beijing’s new landmark, Parkview Green FangCaoDi. The rooms of the hotel, built in the form of a glass pyramid, are decorated with a stunning collection of works of art, including such authors as Salvador Dali and Andy Warhol.
“This hotel was built as an art gallery, so there is always something to see in it,” such reviews are left by hotel guests.
Giraffe Manor, Nairobi, Kenya
Giraffe Manor is a safari-paradise with green gardens, sun terraces and delightful courtyards, along which giraffes walk. In the mansion, built in 1932, the nursery for the Rothschild giraffes was organized. Here they are bred and released back into nature.
A small hotel today has ten rooms decorated in colonial style. Do not be surprised if a giraffe knocks on your window in the morning.
Gamirasu Cave Hotel, Ayvali, Turkey
In Gamirasu Cave, guests live right in a thousand years old caves carved into volcanic rocks. Previously these caves were occupied by monks of the Byzantine monastery, and today, in elegant rooms with vaulted ceilings and traditional Turkish decor, there are bathrooms and balconies overlooking the rose garden.
La Fortuna at Atitlan, Santa Cruz La Laguna, Guatemala
La Fortuna is positioning itself as an eco-hotel which is located on the shores of Lake Atitlan, one of the most beautiful volcanic lakes in the world. There are five luxurious bungalows, each of which was built with environmentally friendly materials. The staff ensures that the rooms always have clean drinking water and fresh fruits.
Hotel Negresco, Nice, France
This famous luxury hotel in the neoclassical style is a well-known meeting place of crowned and titled persons from all over the world. The design presents the style of five different historical eras, from Louis XIII to modern times.
The Verb Hotel, Boston, USA
The Verb will take you back to the future. As the main characters of the popular saga, you will return to the 50s. The hotel is built in rock and roll style, and its walls are decorated with musical rarities of those times. It is never too late to dance to Elvis Presley.
QT Museum Wellington, Wellington, New Zealand
The hotel, located on the glittering waterfront of Wellington, has a large collection of modern art from New Zealand. The hotel can boast over 160 original works of local and national artists.
The inscription on the hotel’s website reads: “Immerse yourself in a fascinating fusion of high and low-brow art as you explore the creative depths of one of New Zealand's most eccentric art collections.”
Pumphouse Point, Tasmania, Australia
The former power station was turned into a comfortable boutique hotel. The building is located in the middle of the deepest lake in Australia, St. Clair, on the island connected to the land by a 250-meter bridge.
In the hotel, there are 18 rooms, free bike rental, fishing and many other attractions for a relaxing holiday and unity with nature.
Treehotel, Harads, Sweden
The rooms of the eco-hotel are located in the forest among the trees. Stay in one of seven houses and enjoy your holiday: watch the northern lights, ski or go horse riding.
"One of the most interesting and unusual hotels to stay," reviews of guests on Tripadvisor.
Dash Hotel Seminyak Bali, Seminyak, Indonesia
“A stylish, unusual and colorful hotel”, this is how the guests of the Dash Hotel, located in a heavenly spot on the island of Bali, describe it. In this hotel, everything is colorful, even the water in the pool. Seminyak Beach, where you can sunbathe or surf, is situated 10-minute walk away.
Napo Wildlife Center Ecolodge, Yasuni National Park, Ecuador
Explore the Amazon rainforest and discover the traditions of the local indigenous communities, staying at one of the houses located in Yasuni National Park. The park is considered one of the most diverse on the planet. The hotel has everything to ensure that you get closer acquainted with the flora and fauna of the park, even the panoramic floors in the rooms.
The Queen Mary, California, USA
Feel like a real captain on the famous ocean liner, moored permanently in the city of Long Beach. The transatlantic liner was launched in 1934. In 1940, the ship was called up for military service, receiving the name "Gray Ghost", because its speed made it easy to get away from enemy submarines. Today, there are 16 lounges on board with the ability to accommodate up to 2,000 people at a time and a hotel for 365 people. On the ship, there is even a wedding chapel and a church.
Hotel H2O, Manila, Philippines
A themed hotel, decorated in the style of H2O, offers a beautiful view of the Gulf of Manila. The rooms are equipped with wall-to-wall aquariums. So the guests are offered to get acquainted with the underwater world of the country.
Метки: #photo_news |
EBRD approves Turkey’s economic recovery plan |
According to the European Bank for Reconstruction and Development (EBRD), Turkey might overcome the current economic crisis in the near future. Such an optimistic forecast was primarily due to the recently presented new economic development program. EBRD President Suma Chakrabarti has commended the proposed economic plan, noting that now “implementation will matter.”
The bank is one of the largest investors in Turkey, and its opinion reflects mood of foreign investors in general. Among the negative factors, experts emphasized issues around the justice system, about commercial courts in particular. Furthermore, Turkey's authorities were encouraged to get their relationship with the EU and the United States back on track as it would notably advance the recovery from the crisis. “The economics get affected by the politics sometimes. So the rebalancing of the U.S. and Turkish ties in a positive direction in recent weeks is going to help strengthen the Turkish Lira. Foreign investors are also going to take a look at that,” Chakrabarti said. “Particularly I would also lay stress on the improving relations between Turkey and the EU, which is a major help, as the EU is the main trading partner for Turkey.” Analysts suggest that the key point for Turkey at the moment is to shift from planning into action to retain investors’ confidence.
Read more: https://www.mt5.com/forex_humor/image/38438
Метки: #forex_caricature |
Countries sanctioned by the United States |
The White House believes that sanctions are an effective and important tool for conducting international politics. Bans on the supply of goods, personal sanctions against large companies and individuals can have a significant impact on the economies of countries and force the authorities to make concessions. In our review, you will find countries sanctioned by the United States.
Sanctions, embargoes, prohibitions, and restrictions have become a common practice of US foreign policy in relation to countries with which there are disagreements on political and economic issues.
Sanctions may relate to trade, military, politics, energy, and the legal sphere and apply not only to states but to individuals and companies.
Russia
The United States suspended cooperation with Russia due to the situation in Ukraine and the annexation of the Crimea in March 2014. At the same time, the first sanctions were imposed on Russian individuals and companies.
In the same year, US President Barack Obama issued special decrees "on supporting sovereignty, integrity, democracy, and economic stability of Ukraine" and "on supporting the freedom of Ukraine", on the basis of which a multi-level system of sanctions against the Russian Federation was introduced.
American sanctions are aimed at key sectors of the Russian economy: financial, energy, defense, mining, and smelting. These measures limit the provision of loans, investment services, prohibit the supply of weapons, military equipment, high-tech equipment and technologies (for example, for exploration and production of oil in deep-sea areas, on the Arctic shelf and in shale formations).
Special “Crimean” sanctions prohibit investments in this region, as well as the importation or exportation of goods, services or technologies into (from) the territory of the peninsula.
Iran
The United States imposed sanctions on Iran in 1979, after a group of radical students attacked the American embassy in Tehran.
The sanctions consisted of a massive freeze of Iranian assets and were expanded and supplemented over the following years.
In 1984, the US government imposed a ban on arms sales to the country and economic aid.
In 1996, the oil trade between Iran and the US was banned, as well as the supply of aviation equipment.
In 2004, direct contacts between banks of the two countries were banned, as well as the publication of Iranian scientific papers.
These sanctions led to a sharp rise in prices for essential goods and a decrease in the quality of life in the country.
North Korea
Diplomatic relations between the United States and North Korea deteriorated during the Cold War and the civil war on the Korean Peninsula.
At the outbreak of hostilities in 1950, the United States imposed economic sanctions against North Korea, which gradually tightened.
Since 2006, special attention has been paid to the fact that North Korea has been developing nuclear weapons, as well as constantly threatening the United States and its allies.
In March 2016, the authorities imposed regular sanctions against North Korea after accusations of organizing cyber attacks on Sony Pictures.
At present, relations between countries are improving, while the sanctions remain in force.
Syria
The United States broke off diplomatic relations with Syria in 2012, but sanctions were imposed on this country since 1986.
The United States accuses Syria of supporting terrorist groups and waging war with unlawful means (using chemical weapons), while the authorities deny all charges.
In addition, the United States imposed numerous sanctions against individuals and companies in Syria, who are also accused of terrorism and corruption.
US citizens are prohibited from trading fuel with Syria, as well as investing in this country.
Sudan
Relations between the United States and Sudan deteriorated amid accusations of the country's authorities in supporting terrorist organizations (Palestinian and Lebanese terrorists).
In 1993, the Republic of Sudan was declared a state sponsoring terrorism what served as the basis for the imposition of sanctions in the trade and financial sector.
Regular sanctions against the East African country were imposed in connection with Sudan’s support for Iraq’s invasion of Kuwait and the organization of the Pan-Arab Islamic Conference which opposed Western countries.
In addition, Sudan is accused of providing refuge to international terrorists.
Cuba
The first US sanctions against Cuba were introduced during the Cold War in 1960 since the communist country was an ally of the USSR.
The basis for the sanctions was the nationalization of private enterprises that belonged to American citizens.
Currently, countries maintain diplomatic relations, but tensions remain as do restrictions on doing business between the United States and Cuba.
The previous US President, Barack Obama, tried to improve relations, but this process slowed down since Donald Trump found the establishment of agreements with Cuba “unprofitable”.
Метки: #photo_news |
Johnson&Johnson to buy out Japan’s cosmetics firm Ci:z |
The management of the US healthcare conglomerate Johnson&Johnson announced the acquisition of outstanding shares of Japanese company Ci:z Holdings Co Ltd. The amount of the transaction is estimated at 230 billion yen ($2.05 billion).
Johnson&Johnson expects that this deal will allow it to control the majority of popular brands of the Japanese company such as Dr.Ci:Labo, Labo Labo, and Genomer. Johnson&Johnson believes that this will help it to strengthen its position in the field of innovation in the international market.
J&J will pay 5,900 yen per Ci:z share and acquire shares held by the сompany’s founder, Yoshinori Shirono. At the moment, the main shareholder of the Japanese cosmetics firm is CIC Corp. with a 27.96% stake. Johnson&Johnson is considered the second-largest shareholder of Ci:z, owning 19.9%.
Read more: https://www.mt5.com/forex_humor/image/38405
Метки: #forex_caricature |