Welcome friends, I am Madhavaditya from Pimpri-Chinchwad in India. Together with our twin city Pune we build the core of the Pune Metropolitan Region and are a major industrial hub in Asia. I am turning 43 this year and started my post-college career as an industrial engineer right here my city. While I have always enjoyed my work, deep inside me I always dreamt of travelling around the world. My great passion is to travel by trains, ever since my parents took me on my first train ride from New Delhi to Mumbai. I was fascinated and we took a...
Scalping is a trading style that specializes in profiting off small price changes, generally after a trade is executed and becomes profitable. With low barriers to entry in the trading world, the number of people trying their hands at day trading and other strategies such as scalping has increased. Newcomers to scalping need to make sure the trading style suits their personality because it requires a disciplined approach. Traders need to make quick decisions, spot opportunities and constantly monitor the screen. Those who are impatient and...
Germany is the export powerhouse of the European Union, the largest economy on the continent and the driving force behind EU surpluses as well as fiscal and political policies. Chancellor Merkel is approaching the end of her political career and her as well as her party, the CDU, have already suffered losses in regional elections. Her own election victory marked the worst showing for her party since World War II. With a slowing global economy and a leadership change during the next German elections, Merkel’s team as well as other officials are...
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. A currency crisis, also called a devaluation crisis, is normally considered as part of a financial crisis. In general, a currency crisis can be defined as a situation when the participants in an exchange market come to recognize that a pegged exchange rate is about to fail, causing speculation against the peg that hastens the failure and forces a devaluation. When a country that maintains a fixed...
Late yesterday evening the UK Parliament voted 329-302 in order to take control over Brexit. The UK was supposed to leave this Friday, March 29th 2019, but is now more likely to depart on May 22nd 2019. This would be on the eve of EU Parliamentary elections and the absolute last date possible for the UK to depart, according to numerous EU officials. This has opened the door to a potentially much softer Brexit and close ties to the EU, which would go against the results of the 2016 referendum. Parliament will now have a series of non-binding,...
