International Trade Secretary Calls UK Enterprises “Fat and Lazy”
As the country continue to struggle, consumers and enterprises will turn towards alternative finance. Other than crowdfunding and peer-to-peer lending, cryptocurrency is gaining traction in that segment. If there were ever a chance of Bitcoin having the opportunity to gain traction in the UK, now would be that time. A trade minister who voted in favor of the Brexit says local business are ‘lazy and fat”. Not the nicest of comments, but also a sign things will need to change sooner rather than later. This could be good news for cryptocurrency, albeit the thoughts of one person may not make....
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The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS).” He adds that such a currency will help “ease constraints of settling intra-African trade in foreign-denominated currency.” Challenges Ahead In comments recently carried by regional news outlet This Day, Mene admits that challenges will be encountered before the dream of a common currency is finally realized. However, to illustrate his own....
ChiliPhone allows you to make long distance calls with a phone, from your web browser, and for a lower price than your local phone provider. The kicker, they accept Bitcoin. In fact, they only accept Bitcoin. “This is a service that lets you make cheap phone calls all around the world! You don’t need to download or install any software; you can call directly from your web browser!” – Chiliphone Chiliphone allows anybody with a browser to make international calls without having a phone, downloading software, or a signing a contract. The process works similar to Skype and allows you call....
International trade continues to grow annually. In 2014, it exceeded USD 18 trillion. However, cargo transportation remains expensive and complex because it still requires a multiplicity of paper-based documents. For example, “Each international airfreight shipment can require more than 30 different paper documents – increasing the cost of airfreight and....
Winning the election to be Conservative Party leader with 57.4% of the vote from members compared to Rishi Sunak’s 42.6%, Liz Truss will be the next U.K. prime minister. After a race to be the next leader of the Conservative Party, Secretary of State for foreign, commonwealth and development affairs Liz Truss has defeated former chancellor of the exchequer Rishi Sunak to become the next prime minister of the United Kingdom.Boris Johnson, who served as the U.K. prime minister since 2019, will be on his way out of office and leaving Truss as the party leader, after she won the election....