7 Top Stories This Week in Finance [17/07/2015]

7 Top Stories This Week in Finance Greece got closer to getting its bailout money as its parliament voted to accept the agreement. But don’t get too excited yet: analysts remain pessimistic that this will be a lasting solution to this Greek tragedy. A nuclear deal with Iran was agreed which includes lifting the oil…

john nash

Who is John Nash?

ohn Forbes Nash, Jr. (June 13, 1928 – May 23, 2015) was an American mathematician whose works in game theory, differential geometry, and partial differential equations have provided insight into the factors that govern chance and events inside complex systems in daily life. John Nash, widely regarded as one of the greatest mathematicians of the…


What is Spoofing?

– all from his bland and innocuous semi-detached house in Hounslow, West London, profited £27 million. Mr. Sarao also contributed to the 2010 flash crash in which the S&P 500, the NASDAQ 100, and the Russell 2000 collapsed and rebounded with extraordinary velocity, and the Dow Jones Industrial Average experienced the biggest intraday point decline in its entire history, plunging…

Iron Ore Price Crash

Iron Ore Price Eliminates Billions In Market Value

Iron Ore Price Crash Eliminates Billions In Market Value The plummeting iron ore price has wiped $74 billion from the value of Australia’s key iron ore mining stocks since January 2014, and analysts expect share prices to continue their decline as the price for the commodity slides. Together, the big mining giants such as BHP Billiton,…

The Effect of Sanctions on Iran's Economy

The Effect of Sanctions on Iran’s Economy

The Effect of Sanctions on Iran’s Economy In every year from 1995 to 2012, the Iranian economy grew a bit in real terms. In 2013, Iran experienced a -5% decline in real GDP growth. Conditions improved slightly in 2014, with gross domestic product growing 1 percent to 1.5 percent.  The significant reduction in trade caused many…

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