French Asset Manager Launches World's First Bitcoin Mutual Fund

November 24, 2017 - 8:15pm
French Asset Manager Launches World's First Bitcoin Mutual Fund

Since bitcoin first entered mainstream consciousness in 2013, regulators have been wary of authorizing the creation of bitcoin-linked financial products that would create a patina of legitimacy for a product that was all-too-recently associated with dark-web bazaars like the Silk Road. So far, the only bitcoin-linked financial product is the Nasdaq Stockholm-traded ETN that JP Morgan Securities famously purchased – purportedly for its clients’ accounts - after Jamie Dimon called the digital currency a “fraud” and said he would fire any JPM traders caught trading it.

Another One: Japan's "Fake Data" Scandal Hits Mitsubishi Materials

November 24, 2017 - 8:04pm
Another One: Japan's "Fake Data" Scandal Hits Mitsubishi Materials

So Kobe Steel was not an isolated incident and faking data on manufacturing quality in Japan is quite common, as other lower profile scandals at Nissan Motor and Takata proved. Today another culprit has come to light: Mitsubishi Materials – which may need to re-consider its corporate philosophy “For People, Society and the Earth” and Articles 2 and 3 of its code of conduct “Safety First” and “Compliance”.

Merkel Tanks In German Polls As Critical Discussions Take Place With SPD

November 24, 2017 - 6:45pm
Merkel Tanks In German Polls As Critical Discussions Take Place With SPD

Angela’s Merkel’s ability to restore her power in Germany should be decided in the next few days, as talks take place with Martin Schultz’s SPD.
In the meantime, Merkel’s ratings have unexpectedly “tanked” in the latest German polls. More than half of Germans believe she should not run for office in a poll conducted for t-online.com, as the Daily Express reports.

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