More than 330 Bank of England staffers are paid £100k or more. Here’s how their salaries break down June 17, 2014 Central banking may be more lucrative than you think. According to the Bank of England’s 2014 annual report, hundreds of staff are on six-figure salaries. The Bank’s most well known names all seem to make the list. Bank governor Mark Carney is on annual salary of £320,000, with a total remuneration package of £586,010. Including [...]
CNBC Comment: Don’t expect oil respite from Iran or Iraq June 16, 2014 IT’S A busy fortnight for oil traders. First, there was the Opec meeting in Vienna last week. Hot on its heels came the unexpected crisis in Iraq, the second largest Opec producer, which resulted in nine-month highs for West Texas Intermediate and Brent Crude prices on concerns over supply disruption. And there will be no [...]
DailyFX Tips & Picks: How traders can handle geopolitical risk in the markets June 16, 2014 WITH uncertainty comes strong market moves – the latest example being the tense situation in Iraq. The effect on oil markets has not been delayed, and we have already experienced a strong price surge. And oil prices could rise even higher, given market panic. This is the effect of geopolitical risk. The other geopolitical risk [...]
DailyFX Tips & Picks: Analyst’s pick June 16, 2014 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Waiting for euro-dollar, euro-yen range breaks Expertise: Fundamental and technical analysis with risk management Average time frame of trades: A few days to a few weeks Despite a cascade of geopolitical headlines over the weekend – civil war sweeping across Iraq and Russian company Gazprom shutting off gas supplies [...]
How to succeed in a job interview: Dos and don’ts on the big day June 16, 2014 Keeping cool, calm and on track during an interview needn’t be impossible. But when the stakes are so high, and nerves are inevitable, it’s little wonder that 92 per cent of people told Everest College’s 2013 Job Interview Anxiety Survey they feared at least part of the interview experience. There are ways to deal with [...]
How to get fit quick: Results after ten weeks doing a total body transformation with Harry Thomas| City A.M. June 16, 2014 Everything I thought I knew about getting fit was wrong. Go running, avoid fat. Wrong, wrong, according to my trainer. And after my 10 week programme (eleven and a half factoring in holidays), I’m not inclined to argue. The results of my “total body transformation” were more impressive than I’d thought possible three months ago. [...]
China housing bubble creates concrete ghost cities June 16, 2014 China’s growth is well documented and its property market the topic of much conjecture. There is nothing like a stark statistic to put this into context: according to Bill Gates’s article in Quartz, China has used more concrete in the last three years than the US did in the 20th century. There are just 7,758,818 [...]
Bitcoin Jesus offers citizenship to libertarian paradise June 16, 2014 Roger Ver, otherwise known as Bitcoin Jesus, has expanded the horizon of what can be bought with the world’s favourite cryptocurrency. The self-described libertarian and founder of Passports for Bitcoin is selling the right to live in the Federation of St. Kitts and Nevis in cryptocurrency. Just a three-hour flight away from Miami, the islands [...]
London’s fintech sector is bigger than Silicon Valley or New York June 16, 2014 London is now the biggest global centre for financial technology firms, beating both Silicon Valley and New York based on the number of people the industry employs. There are 44,000 people working in fintech in London, compared to 43,000 in New York and just 11,000 in Silicon Valley, according to research by South Mountain Economics [...]
Iraq chaos is a wake-up call for the world over its oil needs June 16, 2014 WE ARE not running out of oil, far from it. The International Energy Agency is predicting that supply will shoot up from 89m barrels per day (bpd) in 2012 to 101m bpd by 2035. If it is right – and it bases much of that growth on the return of Iraq to global markets, an [...]