The British Inflation Rate Slips for the First Time in 8 Years

The British Inflation Rate Slips for the First Time in 8 Years

The rate of inflation in Britain slipped below the official target of 2% during January 2017, for the first time since 2009. The fall means that it’s unlikely the bank of England will make any effort to raise interest rates again for the time being.

Official figures that were released during August showed that the consumer prices for interest were up by 1.9% in the year leading up to January, and down 2% from the rate in December. Experts predict that the drop may be a result of retailers choosing to slash their prices on tobacco, alcohol, and furniture-based products.

Assessing the Current Marketplace

The UK marketplace has been in a state of flux recently, following the Brexit results. According to the chief economist at “Markit”, Chris Williamson, the strong economic growth of the country, combined with the falling price of inflation has created a kind of “Goldilocks” set of circumstances.

Financial experts suggest that the policymakers working for the bank of England should be able to keep pushing the country forwards for a little longer thanks to low interest rates – driving a faster and more sustainable recovery for the economy.

Not so long ago, the bank suggested that their key interest rate would remain stuck at the record low of around 0.5% until joblessness throughout the country achieved a more solid solution. Once that unemployment threshold began to grow closer, the governor of the bank Mark Carney chose to update the forward guidance to broaden the range of indicators that would need to be considered before interest rates are raised.

For now, the low inflation numbers should ensure that the bank has all the freedom and versatility it needs to ensure the UK economy has room to thrive and strengthen before any of the current rates are changed.

It will be also interesting to see how this affects the US market and how well the economy will react overseas. With the growing interest rate, more and more people have done a rollover to gold ira or considered some form of alternative investments such as a rollover to bitcoin.

Update 12.4.2019

Gold Is On the Verge Of a Bull Run Again

Gold is climbing complying with the information that US customers spendings dropped for the very first time in 3 months, with the long-lasting economic overview reaching the lowest point in over a year. This has caused the the price of gold took momentum again after the huge drops we saw in January 2019. At this time the price of gold dropped significantly as reported by, as a the dollar was loosing the price war against the Chinese Yen.


Key Takeaways from the Recent Gold Price Upward Trend

The University of Michigan’s preliminary view index went down to 96.9 in April after an analysis of 98.4 the month prior and also compared to predictions of an extra moderate decline to 98.0. This is the second bad news for gold investors this year after reported the lowest price of gold in the UAE for the last 17 years.

Excitement over tax obligation cuts has actually decreased, according to the survey, with spontaneous favorable referrals to the stimulation plan going down sharply considering that very early in 2015. The long-term outlook for the US economic climate has dipped and so the latest news from market predicting a gold bull run can be dismissed.. The five year overview goes to the most affordable level given that January 2018. Greater supply prices and cautious reserve bank policy around rates of interest have actually helped to bolster customer sentiment.

Rising cost of living assumptions have actually dropped, with slower price gains anticipated. Inflation is expected to strike 2.6 for 2019, as well as 2.4 over the following five to ten years. The UoM survey aids educate Federal Get plans on inflation as well as interest rates.

Survey participants were still pretty optimistic about their personal finances, with an index showing a better standing that the highest seen standing in 2004. Acquiring problems for house consumer goods rose to a four-month high, although there was an increased undesirable sight towards vehicles as well as homes. 55% of respondents anticipate rates of interest to increase, the tiniest quantity since 2016.

New Update – Will The Gold Price Drip Further in Dubai?

Gold rates relieved on Monday, complying with a sharp fall in the previous session, as a solid United States jobs report toughened up expectations of an aggressive rates of interest reduced by the Federal Get later on this month.

Dubai gold price touched Dh169.25 as well as customers can get 22k at Dh159. You can check the current gold rate for Dubai here:

Area gold was down 0.2 percent at $1,396.80 per ounce since 0118 GMT. Gold dropped greater than 1 per cent on Friday as well as additionally noted its initial regular decrease in seven weeks.

US gold futures were down 0.1 percent at $1,399.40 an ounce. Nonfarm payrolls raised by 224,000 tasks last month, one of the most in 5 months, the US Labor Department reported on Friday.

Assumptions for a Fed price cut tightened with the marketplace currently valuing a 27 basis factors relieving this month, from 33 basis points prior to payrolls.

The buck index versus basket of significant money was relatively unchanged on Monday after hitting 97.443 on Friday, its highest degree given that June 19, as United States Treasury yields climbed across the board.

What Are The Best Cryptocurrencies To Invest in 2018?

What Is The Current Situation In The CryptoCurrency Market and Why You Should Consider Investing in Gold as Well?

The total market capitalization of all cryptocurrencies is now almost 140 billion US dollars – for comparison: In January 2017, we were still at 16 billion US dollars.

And while media awareness of cryptocurrency is rising sharply, there is still relatively little talk about the revolutionary technology behind the new currencies called Blockchain. The blockchain is a digital booking system that accurately tracks all transactions and saves every change as a “block”. By linking the individual blocks, each containing the information of the previous block, creates an infinitely long “chain”, from which the name “Blockchain” is derived. The blockchain is also distributed decentrally on all integrated computers worldwide, which is why manipulation is considered almost impossible

For a better explanation of what blockchain is watch the video here:


What Are The Big Corporation In The Cryptocurrency Game and Which Should You Invest In?

Corporations such as Apple, Google and especially IBM and Microsoft, as well as large parts of the banking industry, have been working for some time in blockchains.

In addition to the big players, there are also many innovative, new concepts based purely on blockchain. A good example of this is the Sia cloud. Sia provides a completely decentralized cloud solution, which comes along with the increased security level and very attractive pricing. Compared to the cloud solutions Amazon S3 ($ 115 per month), Google Cloud ($ 100 per month) and Microsoft Azure ($ 120 per month), the five terabytes of storage space in this case costs just $ 5 monthly.

But how can we participate in blockchain theory in addition to technological advances? One way is to invest in cryptocurrencies – the other is to invest in blockchain stocks. You can find a list of the best cryptocurrency to invest by

The complexity of the shares depends first of all heavily on the broker used. Since not all blockchain stocks list, we have had good experiences with the free brokers from Comdirect and ING-Diba.

The topic Blockchain shares is currently divided into two areas from our point of view:

  1. Startups or specialized investment holdings that are currently low capitalized:

Bitcoin Group SE is a holding company focused on innovative and disruptive business models and technologies in the areas of cryptocurrency and blockchain. Bitcoin Group SE holds 100 percent of the shares in Bitcoin Deutschland AG. It is Germany’s only authorized trading center for the digital currency Bitcoin.

TIO Networks delivers cloud-based services that enable customers to pay bills immediately through a variety of payment channels. They are positioning themselves above all for the LMI user (low to moderate income) in underbank markets. Currently you have completed the phase of Softgate system integration. This creates three new business units internally: Biller and Agent Solutions (process payments), Telecom Solutions (service providers), Consumer Financial Solutions (B2C)
The British Coinsilium Group invests in blockchain-based technologies, with a particular focus on fintech innovation. Coinsilium was the world’s first blockchain company with an IPO (initial public offering). Market capitalization currently stands at $ 4.5 million.

Digitalx is currently launching a cooperation with the Latin American partner Telefonica. Through this collaboration, it is now possible to use a transfer network from the US and Canada to countries such as Argentina and Uruguay with the Blockchain-based money transfer app “Airpocket”. This addresses both the large Latin American workers’ groups that want to send money home, as well as around 65 percent of Latin Americans who say they want to do more transactions on their mobile phone, according to an e-marketers survey. This was the highest percentage of all regions studied. Since Digitalx is still relatively young, the market cap is just 8.48 million US dollars.

First Bitcoin Capital participates in cryptocurrency-based companies and concepts such as Coinqx, Bitessentials, Bitclasstravel, and Bitcoin ATM. The current market capitalization is around $ 121 million. Get more Bitcoin news by here
Global Arena Holding specializes in holdings and patents in the blockchain crypto area. At present, the holding company is working on the application of blockchain technology to ATMs. Another project is smart contracts in wills. The blockchain triggers a chain of processes that greatly simplify many areas, such as checking for death and subsequent wealth distribution. The market cap is 13.63 million US dollars.

Large corporations rely more and more on blockchain and here is why:

So with that being said in which Cryptocurrency should you invest from an investors perspective? I found this article sorting out the best cryptocurrencies of 2017 worth to invest.

What Are The Best Cryptocurrencies to Invest In 2018?

There has been lots of publicity lately about what will be the best cryptocurrency to invest in 2018. We have gathered all of the information and put together a list of the most promising currencies we think will become the top options to invest in. We will publish our list in mid-June so stay tuned. Before our publication, you can watch the video below

Why Should You Consider Investing In Gold As Cryptocurrencies Are Down?

As you may know, gold is still treated as a safe haven investment and you always get to this point as other investment options are tanking. Right now almost all cryptocurrencies are down and people start looking for other investment options. At this point, gold seems to be the safest and most profitable option to go to. Gold is loosing in momentum as well but compared to the crypto market the losses are still small. That is the reason why people switching from crypto investment options to gold right now and we assume that as the demand for gold will grom the price will go up as well.

Update: 25.2.2019

Gold Is Still on The Rise and Cryptocurrencies are Still on the Downturn

As the crypto market is still seeing big rejections in the last month people seem to tend to invest in gold again. Gold seems to be the dafe have investment to go to when all other markets seem to crash and this is what we are experiencing right now. Gold is still cheap compared to 2014-2016 and more and more people are expecting the global economy to hit and recession in the next years to come – that is the main reason causing people to invest in this precious metal again.






How does affiliate marketing work?

Unless you have been completely offline in the last couple of years, you must have heard about affiliate marketing. Many of the worlds biggest sites are using affiliate marketing as their primary source of income. But do you know how it works?

First of, what is it exactly?

The most basic explanation is: getting paid, recommending other peoples products or services. 99% of the time it is done online and tracked through tracking systems.

There are parts in an affiliate offer: the advertiser, website, buyer and the affiliate network.

The affiliate is usually the website owner, who is promoting/recommending the products. The webmaster reviews the products that are then sold on the advertisers website.

The advertiser can be any sort of business that is offering anything – from pet supplies to law services.

The affiliate networks is where the rubber meets the road. This is where all the offers are listed and the tracking takes place.

With more competition on the marketing every day, it is absolutely essential to have the right process in place and the best way to do that is to learn from other experience marketers in the business.

We can recommend 2 good sources that you can follow whether you are just starting out or already have any sort of business and just want to scale your business.

Option #1 – No Product No Problem

This is a training course by Matt McWilliams – called no product no problem. If you would like to learn more, make sure you go over to and learn more about it.

Option #2 – Profit Engine Course

This is by far, one of the best online training courses on affiliate marketing out there. This one is the brainchild of Mark Ling, who has been in affiliate marketing for over a decade now and has many of his students achieve great success with his training. The review at GFK goes in depth on how to start and gives you all the information if you maybe decide to take part.

So, if you would like to start out, we can give the above options a “thumbs up”, but you can also go online and search for the information yourself if you feel more comfortable. If you are not convinced, you can also check out this article that goes in depth on the growth of this sector in the upcoming years and some predictions.

Check out the video below for the best affiliate marketing websites:

Option #3 – Product Launch Formula by Jeff Walker

Jeff Walker’s course called Product Launch Formula is not exactly an affiliate marketing course. In some ways, it is similar to affiliate courses, but it is also different from them. The difference is that Product Launch Formula reveals how you can create your own digital product (course) and how you can sell it online – also using affiliates and affiliate marketing strategies. You can check the latest article about the formula to launch a product on GFKamerica

Option #4 – Parallel Profits by Aidan Booth and Steve Clayton

Aidan Booth and Steve Clayton who are probably one of the biggest authorities when it comes to internet marketing and online businesses have just released their new online training course called Parallel Profits. This course is promising to teach anyone how to start their own SEM business from scratch by becoming part of Aidan and Steve’s franchise. It is not just this – the course is designed like an over the shoulder video series where you will learn how to start your own local SEM agency selling simple services to local businesses. You can find more information on the official website:

UPDATE: 3.5.2019

We have just received the news about Tony Robbins, Dean Graziosi and Russell Brunson releasing their revolutionary online training course that is open until May 13th. They are looking to revolutionize the way the whole education system works and help millions of people along the way. Now, the price point on the entry is quite high, sitting at $1,997 so you might want to hop over to or to the official website at


In fact, the launch of the knowledge blueprint for business by Tony, Dean and Russell has gotten so much media buzz that they have been featured on the

Is Dropshipping Still a Business Model To Consider in 2018?


Is Dropshipping Dead?

2018 already holds the promise of being a great year, full of success in business! Of course, if you want to talk business you can’t forget about how important Dropshipping using Shopify and  Shopify Plus can be. It’s helped make millions in profit for businesses all across the globe.

Unfortunately, with how great the Dropshipping business has been, there are a few questions that companies are beginning to ask themselves.

A major one is whether or not dropshipping is dead?

Secondly, presuming dropshipping is still a worthwhile service can it be a profitable one?

Many are of the opinion that the market is completely saturated at this point. With so many different businesses like Shopify, Oberlo, Viddyoze etc offering the service, how can anyone make a profit? In order to deal with these questions, let’s dig into the subtext of those questions.

It’s More Competitive, Not Dead

Dropshipping platforms like Shopify and tools like Oberlo have become prevalent over the past few years, that much is true. Thanks to the internet and advances in transportation technology, it’s easier than ever to connect with others all over the world.

If you have an interest in a business, chances are you can start one of your own without much trouble. Since dropshipping has been on the rise for several years and different tools like Viddyoze and Oberlo were developed, a huge number of people have jumped into the fray. This does have the downside of making small-scale dropshipping far too competitive to sustain.

This fact causes people to claim dropshipping, as a business model, is dead. If small-scale dropshipping is unsustainable, that means it’s an unsustainable business model. Fairly straightforward, at least according to the critics.

The simple fact is that dropshipping is still alive and well, you just have a smaller margin of error.

If you’re going to try dealing with the drop shipping market, here’s something you should remember:

    1. No one orders from companies that have long delivery times (like AliExpress) because they need something. They order because they want something.
    2. If people are buying what they want, then it’s an immediate validation of the business model. The trick is to help them realize they need the things they want and carry what they want so they buy it when they need it!

As an example, consider “consumer electronics” – a common category for dropshipping orders. Someone ordering a smartwatch likely doesn’t need it as soon as they can get it. They want the smartwatch, and they want it in a reasonable time frame, but do they need it? No. Will they be more likely to buy it if you can convince them they need it and it’s easy to get? Yes.

Work Hard, Make Money, Follow The Business Model Dream

It would be a lie to claim dropshipping hasn’t gotten more difficult. Of course it has, because it’s become more competitive.

So how can it be profitable if it’s so competitive?

If you do it right, it can be a low-cost high-return business. Setting up a dropshipping shop takes very little start-up investment. It doesn’t require keeping an inventory, nor does it require actual delivery on your part, nor does it even require much or any staff. That said, you will need to pick a niche. Without a niche, your store looks the same as all the other stores. Generic dropshipping stores don’t tend to draw in customers.

Don’t forget that picking a niche is a marketing strategy. That means you’ll need to figure out your market, and more importantly, you’ll need to figure out how to get your message across to that market. If you can properly set up your marketing strategy, you’ll find yourself selling far, far more than another store that tries to sell a little of everything.

It may also help to keep a small amount of inventory on-hand. That will allow you to offer a premium “immediate shipping” service that can cut the time down significantly. If you have a way to get people what they want, and you offer them a way to get it more quickly, many people will jump at the chance.

What Tools and Platforms Are Recomendable To Use for Dropshipping in 2018?

Shopify is the market leader and probably the most advanced platform when it comes to eCommerce and drop shipping. There are several different options offered by the inventors – from your own website creation to advertising, email lits building, shipping etc. Shopify has recently updated their basic options to Shopify Plus which is the so called big business extensions. You can find more information and the pricing for the plus version here:

Oberlo in the next tool to use when talking about drop shipping and especialy about product research. Oberlo is a tool which was created to make the process of finding and sourcing the desired product faster and easier. Oberlo comes in many different options and extensions. You can find a detailed review about oberlo and personal thoughts here:

Is a dropshipping business still viable?

In 2017 dropshipping has really gotten traction. If you have been following the trends, then you must have heard about the traction of a lot of stores running solely on the dropshipping model with shopify. The biggest problem that was presented was the fact it is quite hard to find reliable suppliers to handle your orders in a timely matter, which is VERY important when doing this business.

There are many options you can take, but finding  reputable drop shipping companies is by far the best technique which will save you  a  lot of headaches in the future.

If you are not familiar with the dropshipping business model, you can check out the video below:

It is basically a affiliate kind of relation ship. You are the middle man, collect the money and then order the product at a cheaper price that you sold it for at your supplier. If you would like to learn more and get familiar with the most popular platform people use for building their online stores, you can also visit

Books Review – Sherlock Holmes: Cthulhu Mythos Adventures, Tales Of Adventure, Terror & Mystery

Sherlock Holmes: Cthulhu Mythos Adventures,Tales Of Adventure, Terror & Mystery

WOW! Another great read! I love Sherlock Holmes so I was very excited to read this one and it certainly does not disappoint. It’s a compilation of new stories, and with the exception of two, have not been previously published.

This is not your typical Sherlock Holmes book. In these stories Sherlock is dealing with the world beyond earthly beings. He deals with mythical creatures like Cthulhu Mythos, M’ell and Dhumin, Shub-Niggurath and others that some say have never existed and do not exist today, some will beg to differ – I’ll let you come to your own conclusions…

Mr Holmes was a scholar and was educated about myths and knew the world was full of mysteries and trickery. Did he believe in witches, or monsters, or gods, or being able to call mythical creatures from the dark? Maybe, maybe not, but he certainly understood that there were people who did, most certainly, have these beliefs and he considered the information useful when dealing with cases where people believed these things had happened.

As we know there are, to this day, people who hold close to the beliefs of old, and I’m certainly not one to poopoo their beliefs.

These stories take Sherlock to the States where he meets Professor Philips whose cousin has vanished and the Professor seeks out Sherlock’s help. The Professor is hesitant to talk about what he believes has happened but, after telling Mr. Holmes, they head off to check it out. While at his cousins home they discover letters from HP Lovecraft and find a file on the Cthulhu Cult – worshippers of a race of beings who ruled the earth in the past. The eventually find the cousin after dealings with the Cult and some very unexplainable interactions with beings or creatures certainly not from this world.


Another story takes us to Whitechapel during the time of the Ripper. No, he doesn’t say the Ripper did not exist but there were several murders attributed to the Ripper that weren’t his. Strange wounds that totally differed from the usual. It is discovered that there were subterranean creatures – M’ell and Dhumin – that were able to burrow quickly through the earth and utilize the old underground London tunnels and rivers to traverse and take their victims.

Yet another was reconstructed from the notes of Dr Watson and takes place in Hammershire – home to some of England’s oldest villages, villages where they refuse to let the old ways and beliefs die, and they don’t appreciate outsiders. There are seven in all – every one just as gripping as the other.

Each story is beautifully written and really sucks you in. As for the mythical creatures – there is a line in one of the stories which sums it up where Watson says to Holmes, “But such a creature is an impossibility.” And Holmes replies, “So were saurian ­giants of the primordial world and prior races of mankind, till fossils and stone axes gave certain proof that the ancient legends were true – dragons and giants in the Earth.” I have heard of some of the stories from my Scottish Nan and understand how strong the beliefs were and, in some areas, still are. I’ve always been fascinated by mythology so this was right up my alley. Mr Vaughan has clearly done extensive research and I, for one, am open minded on the issue – perhaps you will be too after reading this book…

Does Holmes rid the earth of these vile creatures and those who call them from the depths and netherworld? I would certainly hope so – I wouldn’t want to run into any of them – but you’ll have to read to find out.

If you are new to Sherlock or an avid Sherlock follower you will enjoy the change of pace in this book and while it is a different track for Sherlock, I think it is still fascinating and absolutely possible that Sherlock would have dealt with such cases. He was so open to all things and thrived on collecting minute bits of information. Give it a go, you won’t be disappointed!

Ralph E Vaughn has written other books, some on Sherlock Holmes, a series called Paws & Claws (which I’m hoping to read soon) and many other works. Check them out! I’m looking forward to reading more of his fine works.

Happy New Year to everyone! By the time you read this review I’ll be across the pond visiting family in the UK. Very exciting, it’s been six years since I’ve been back.

Mueller Grand Jury Report Destroys Dollar and Leaves Sterling Struggling


Mueller Grand Jury Report Destroys Dollar and Leaves Sterling Struggling

After a recent report that U.S. Special Counsel representative Robert Mueller has chosen to impanel a jury for his investigation into Russia’s potential interference in the latest elections, the dollar value has seen significant damage. The possibility that there may have been some collusion within the Trump campaign has sent currency values spiraling, and the dip in the greenback further supported an ongoing experience of weak economic data, which left the Bloomberg index lower by under 0.,1%.

The greenback has now reached its lowest point since the middle of June, thanks to the shaky results of the Mueller update. Importantly, the 10-year Treasury yield also saw a significant fall to its lowest state during the same month.

The Rise and Fall of USD and GBP

Previously, the dollars saw an increase to its highest rate in six months against the British pound, which has also struggled to gain any momentum in recent months. Recently, the pound hit its lowest point since November against the Europe, following the decision to keep policies on hold and reduce growth forecasts for the rest of the year. The sale of British currency spilled over into other currency pairs, which helped to boost the demand for the Swiss franc and Yen.

Currently, GBP/USD is trading at a rate 0.6% lower, at around 1.3142 vs 1.3113 which was seen after the stop-loss sell orders moved below the rate of 1.3150. Ahead of the decision made by the Bank of England, the pound had recently achieved an 11-month high against USD currency after the UK services PMI came out ahead of estimates. Now, the pound is down again, and paced by a loss of more than 1% against yen.

Interestingly, growth in the euro has also subsided after setting fresh highs for the session, gaining significantly despite the pound selling problem. Both the Swiss franc and the yen gained against the Euro and USD as cross trades continued to unwind.

The Latest Updates on the Dollar Value

Following the disappointing results of the ISM composite index (non-manufacturing), the dollar fell, though a Bloomberg survey calls for gains of around 180k for the upcoming jobs report. June data suggested that about 22k non-farm jobs were introduced into the mix.

JPY/USD also fell to a fresh low at around 109.86, dropping beneath the interim low point at 109.95 and falling back on a previous rebound. However, residual bids cushioned the drop to a point of 10.9.90. Resistance should be defined by the peak of 110.98 reported on Wednesday.

The latest reports suggest that the EUR/USD cross is trading at around 1.1874, pushing to a session high at 1.1893, seen when demand for EUR/GBP helped to lift the cross pair at an earlier stage. EUR/GBP traded close to the daily high of 0.9049. Additionally, EUR/USD fell to a low at around 1.1831, before bids underneath 1.1830 began to cushion the drop, according to European traders who asked to remain unidentified.

The ISM index (non-manufacturing) for the United States saw a decline of 53.9 vs estimates for a drop to only 59.6 – which only contributes to the overwhelmingly disappointing tone of the latest economic data.

Plan Ahead For Correct Documents


AS WE GET closer to the holiday season, many foreign nationals living in the United States will be travelling abroad. For any such foreign nationals, it is important to make sure you have the correct documents in place before starting on your travels. Depending on your situation, this can mean planning ahead and making appointments with Embassy’s or even pre-submitting documents for review.

One of the key things to remember is that a nonimmigrant status and nonimmigrant visa are not the same thing. A visa is a stamp that is put in your passport at a US embassy or consulate abroad that allows you to travel to a port of entry (such as an airport) in the US and request admission. A visa is only for the purpose of entering the US, not for the purpose of staying in the country. Your lawful status is the classification and duration of authorized stay in that classification. Your status in the US is valid up to the expiration date stated on the I-94 so long as you do not do anything to violate your status. I-94’s are now automated and travelers are no longer given paper I-94’s at the time of entry. You can look up your I-94 online with the US Customs and Border Protection.

Because a visa is used for the purpose of seeking admission to the country, it does not have to remain valid while in the US. Once you have entered the US on a visa your I-94 is what determines the duration of your stay in a particular classification. This means that you could have a B visa that is valid for 10 years but it does not mean that you can stay in the US consecutively for 10 years. When you enter the US on the B visa your I-94 will indication how long you can stay in the country.

For example, while already in the US studying in F-1 (student) status, you applied to change your status from F-1to H-1B (specialty occupation worker). At the time your H-1B was approved, you likely received an approval notice which has the new I-94 attached at the bottom indicating the validity period. Having this approved change of status does not meen that you have an H-1B visa; you are in the US in H-1B status and as long as you maintain your status and do not do anything to violate the status, you can remain in H-1B status for the duration of the stay indicated on the I-94. However, the first time you leave the US, you will generally need to go to the US embassy or consulate of your home country to get an H-1B visa before you can re-enter the US. So don’t assume that because your current I-94 is valid for another year, you’ll be able to re-enter the US without a valid visa. With some exceptions you generally get a new I-94 each time you enter the US. Also, do not think that because you were able to leave the US, you will be able to get back in.

The process of getting a visa varies by US embassy or consulate so it is best to check the individual location’s procedures. Generally, you will need to submit a DS-160 form online, pay the visa fee, make an appointment online and then attend the interview. Depending on the type of visa you need, the procedures and required documents will differ. For some types of visas such as an E visa, embassies and consulates require that you pre-submit documents and go through an initial review before you can even make your appointment so it can be a lengthy process. Many embassies and consulates do not accept visa applications from third country nationals. This means that if you are a British national, you may not be able to get your visa in Japan or France, for example; you will need to go to the embassy in the United Kingdom.

Another thing to keep in mind is that many embassies and consulates get busy during the holidays as it is peak travel time so make sure to book your appointment early to be sure that you can get the date within your anticipated travel time. Also remember that after you attend your interview, assuming that all goes well, it will take a few days before you can get your passport with the visa in it back so make sure to allow for extra time after your interview.

Once you are back in the US, go online and look up your new I-94 to be sure of your new period of authorized stay.

If you are a green card holder, although you do not need a visa to re-enter, make sure that you have your green card and that it is still valid during your travel times. If your card will expire while abroad you will need to take steps to ensure that you renew it and otherwise determine that you don’t have any issues returning to the US.

The procedures described above are general procedures and there are many exceptions, so be sure to consult with an attorney to make sure you will be able to re-enter the US as you come back from holiday.

Exploring the Latest Forex Trading Scandal


Exploring the Latest Forex Trading Scandal

Every day, the global foreign-exchange markets oversee the exchange of trillions of dollars’ worth of shares. Many of the world’s major currencies, including dollars, and euros, are traded in an environment that’s under-regulated, and often dominated by a specific group of elite banking professionals.

Lately, whispers around the security and performance of the foreign-exchange market have begun to grow louder, after regulators in Switzerland, Britain, and the United States have begun to accuse various international banks of manipulating the rates for specific exchange currencies. According to the unhappy regulators, a total of $3.4 billion in fines have been launched against financial institutions, including the Royal Bank of Scotland, UBS, HSBC, JP Morgan Chase, and Citibank.

JPMorgan Chase & Co. announced that they received a fine of around $400 million, while Citigroup Inc. claimed that they were given a charge of $600 million. Information about the fines for the remaining three UK banks is uncertain.

Outlining the Details of the Scandal

The US, Switzerland, and Britain regulatory bodies researched the performance of the banks mentioned above, and found that each had failed to offer appropriate training for foreign currency traders in their employment. The result of this lack of training meant that traders were able to start forming groups that could manipulate the market based on shared financial data.

Regulators believed that the accused manipulation of the market took place between the first of January in 2008, and the 15th of October 2013. The current bodies involved include:

  • The US Department of Justice
  • The US Commodity Futures Trading Commission
  • The Swiss Financial Market Supervisory Authority
  • The Switzerland Competition Commission
  • The UK Serious Fraud Office
  • The UK Financial Conduct Authority (FCA)
  • The Hong Kong Monetary Authority

The Dangers of Market Manipulation

The scandal touched on the Bank of England early in 2017, when the group chose to suspend an employee and begin a company-wide investigation examining countless emails and chat room records, alongside hours of telephone recordings for any sign of rate discrepancies. According to the results of the investigation, the chief foreign currency dealer for the bank of England was aware that bank traders were sharing information since at least the 16th of May 2008. Though he had concerns that there may be signs of “collusive behavior” as of November 28th 2012, the employee did not inform any of his superiors.

There’s a chance that the scandal might grow even larger in coming months, as investigations are launched into the potential manipulation of the LIBOR rate, which contributed to billions in potential fines for any bank involved. Because an evaluation of the Forex trading environment requires a thorough investigation into the integrity of the markets overall, there could be serious repercussions in the pipeline.

According to the finance professor for the University of Notre Dame, Jeffrey Bergstrand, continued development into the case could mean that stronger regulations are put in place for the trading market. However, such a change could be very difficult to implement. After all, we’d need to set up a strategy for coordination around the world.

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