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Category: Money

Features, tips and ideas you can use for development of online business, internet startups, personal finance

  • Proposal: One dollar bill to be withdrawn off the market

    One dollar bill replacement expected to save the U.S. budget
    Efforts to save the U.S. budget call for more drastic solutions. More specifically, the committee in charge with saving government money claims to have found the clue to reduce the country’s deficit.

    According to USA Today, the one dollar banknote could be replaced with coins, and that’s because earlier this month, the board committee submitted a formal proposal to the Treasury in respect to this problem. Although for short term the 1 dollar bill dissapearance entails additional costs, however for a long period the replacement could bring benefits, in the next 30 years being estimated to be saved up to $5.6 billion.

    Furthermore the lifetime of a banknote is about 42 months (officially), while a coin can resist on the market a much longer period. However, the transition from paper money to metal coins does not assure that people will use them. Approximately $1,1 billion coins are thought of not being used by the Americans.
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    Giving up one dollar bill for coins would require four years of transition. Beside that, there are needed a few more years for this change to make a difference.

    Contrary to expectations, the debate is not new. In 1986, former senator of Arizona, Jim Kolbe, began a campaign to introduce the one dollar coin. The proposal still lingers in Congress.

  • Google to buy Yahoo? Details on multi-billion mega-business

    Google allegedly thought to be interested in buying Yahoo
    Google seems to consider the possibility of helping financially other companies to acquire the rival search engine Yahoo. Wall Street Journal announced at the end of last week that Google Inc. already discussed with the two private companies in order to provide them financial assistance. Citing anonymous sources, the WSJ newspaper writes that Google and the potential partners held discussions, but they have not reached a formal agreement and that Google may not take this step at last.

    Google spokesman declined to comment on the subject for the Associated Press, while Yahoo spokesman said he does not comment on “rumors and speculation.”

    Any involvement of Google to acquire Yahoo would attract probably the attention of antitrust regulators, because both companies have significant market share in Internet search industry.
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    Information has emerged recently as investors have raised Yahoo’s share price, thus betting that the company will be sold, either totally or in parts. From $16.12 per unit, the shares have risen by 25% since 6 September, when CEO Carol Bartz was fired.

    Yahoo’s current market value is estimated at over 20 billion dollars. In 2008, Microsoft offered 47.5 billion dollars to buy the company, before withdrawing the offer, and is now back on the list of prospective buyers.

  • Guidance into earning deals

    It is obvious that the internet is seen as a broad market full of resources and many people want to exploit them in order to increase their revenues. Poker, tried on the web either for real cash or virtual chips (which does not require investment) has become in a pretty short period of time very popular and demanded. Nowadays this trend practically boosted the internet traffic mostly due to users’ desire to claim some income. Of course you can exercise from wherever an internet connection is available, e.g. at home or at work (pay attention to your boss). You need to improve your skills against your opponents because many of them turn out to be professionals and not playing just for fun or entertainment. Apparently Texas Holdem brand is the most popular and visited in the world, gathering players from all over, the United States, France, Germany, Saudi Arabia, etc. Another possibility is to get involved in an online tournament and from there you have a good chance to win a position in the WSOP (World Series of Poker).

    In case you have not tried it yet, then it is time to do so because there are a large number of benefits that can work for your advantage if you know how to use them. The virtual environment will give you a 24/24 access and does not have any restrictions other than the minimum age of 18 you must claim. It is very advisable to check the support forums which gather dozens of amateur players and talented professionals of any nationality or age. Usually a chat forum will not only be used to express your mood, your instant opinion or to socialize, but you can also exchange experience with the other participants. That depends on you how much you want to get involved and if wish to make your effort profitable.

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    It would be recommendable to stick to a website that will help you get information 24 / 7. It is true that most of the sites feature online chat customer support. However, some of them will also provide client assistance by phone. For international players, the site should be able to be contacted via a free telephone number. If you want to check the quality of customer service send an e-mail. If the site has strong support customer support you should receive a prompt response.

  • Earn your income using the web

    So far it is thought that over one billion and a half people use the internet and this figure is constantly increasing every minute. The Internet grows rapidly forming a global market that can provide unique opportunities for people like you to make money using the virtual!

    There are dozens ways to earn some bucks for free. At the beginning it might seem complicated but it’s not, the only things you need are ambition, patience and initiation. The followings will present some possibilities of becoming a little (or much) richer without extreme effort. Each make-money method is slightly different from the others but all of them can be regarded as a starting point for developing a small business online.

    These suggestions are addressed to everyone including also those who don’t feature advanced computer skills but have access to the internet. It requires no initial investment, no risk, income is safe and even if sometimes the earnings is lower, the corresponding effort will not disappoint you. Never rely on the idea of getting profit easy and fast, otherwise you are very likely to fail. If such an idea worked than everyone would have been rich.

    To maximize your chances, it is recommend to use all possible ways to make money. Remember that you win only if you are open to try (that does not cost anything).
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    What would people do for…money? Well, there countless income-generating opportunities but each of them varies from person to person. If you own a website for example then you can monetize it. That is based mainly on diverse procedures including: Advertising (writing reviews, sponsorships, Google Adsense, newsletter advertising, Chitika, Clicksor, Job boards/classifieds), Affiliate Programs, Services, Continuity Programs, Ebooks, Consultancy. Keep in mind that before choosing one of the before mentioned options, it is absolutely compulsory to focus on your content – quantity and quality as well. If you’re having trouble keeping up with quality and quantity, there are numerous bloggers around the web that are looking for freelance writing opportunities.

    In case you do not have a blog and getting one seems too complicated, then you can be paid for reading posts, writing comments, using you skills in bidding, testing various products, ghost blogging, selling your genuine ideas, Twitter posts, eTicketing articles, etc.

    So, whether you are a blogger or not, you still have chances to boost your earnings. However the main requirements are based on choosing the right niche which best suits you and then employing your imagination.

  • Bank of England Governor: We will face the most serious economic crisis!!!

    English Governor Mervyn King does not look too happy
    Grim predictions for the next future according to Mervyn King.

    “We will face probably the most serious economic crisis since 1930 onwards!” The warning comes from the Governor of the Bank of England Mervyn King, who believes that the current crisis in the euro area is at the highest risk for the banking system in the UK.

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    Also President Obama came to the ramp and warned that the problems in Europe could trigger real effects on the U.S. economy which is already fragile. The leader of the White House urged Congress to adopt as soon as possible his plan of creating jobs valued at 447 billion dollars.

  • Denmark the first to introduce fat tax on food

    If you eat high-fat foods than you will be charged in Denmark. Photo: justjudyjudyjudy.com
    World premiere in food industry: Danish authorities have revealed a new tax on saturated fats found in foods such as pizza, butter, meat, milk or sweets, informed the Green Report.

    The fee amounts to 2.15 euro / kg and is aimed to reduce the consumption of fatty foods.

    “I think the tax will have a positive impact on human health, which is the main goal we set it for,” said Gitte Hestehave, spokesman for the Danish Confederation of Industries.
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    The week before the entry into force of the fat tax on food, the Danes have emptied the stores eager to make supplies of butter, margarine or milk.

    “We had to supply the stores with tons of butter and margarine so we could deal with customers who bought huge amounts of these sorts of foods which soon get more expensive. People have filled their freezers and the expense of our shelves which emptied instantly. Probably the people made these supplies just to save some money, but in the future if they want to buy a cake, even if it is more expensive, they will certainly buy it,” said Christian Jensen, owner of a supermarket in Copenhagen.

  • Reinhard Mitschek, Nabucco: We offered Shah Deniz consortium the best route for gas exports from Azerbaijan

    5 European countries set in motion Nabucco project. Photo: eurodialogue.org
    Nabucco Gas Pipeline International GmbH provided Shah Deniz II consortium with a complete offer regarding the natural gas transport. “We are confident that Nabucco offers the best route for gas exports from Azerbaijan and other sources. Nabucco is the emblematic European project representing the natural gas corridor in South Eastern Europe,” said Reinhard Mitschek, Managing Director, Nabucco Gas Pipeline International GmbH.

    He said the project is commercially viable and competitive. “Political support and stability were assured by a 50-year-valid treaty, signed by all five countries of transit, as well as some other bilateral agreements aimed at supporting the project. Nabucco provides benefits for suppliers, as well as carriers”, Mitschek said.

    October 1, 2011 was the deadline when the Government of Azerbaijan had to receive technical and financial proposals of the consortiums which want to exploit natural gas from Shah Deniz fields.
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    At the moment there are three projects that compete for Azerbaijan gas: 1. Nabucco project, supported by the European Commission, 2. ITGI pipeline and 3. TAP trans-Adriatic gas pipeline. All three projects aim at bypassing Russia.

    However a new surprising project came up recently. British group BP along with its partners are interested in Shah Deniz gases and are considering a new option for transporting gas to Europe, besides the three pipeline projects that are already in advanced talks.