Greek bank deposits are safe and the country’s lenders are protected due to a recapitalization scheme which will be completed by the end of April, Prime Minister Antonis Samaras said on Saturday. In an interview with Imerisia, Samaras ruled out a tax on deposits over 100,000 euros ($131,000) allaying fears of austerity-hit Greeks that their savings may be at …

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Cyprus is edging towards euro exit

Cyprus finacial crisis

  Cyprus is no longer centre stage. Nicosia has agreed a 10 billion euro bailout deal with its euro zone partners and the International Monetary Fund. A visible bank run has been averted by stringent capital controls. International markets, which only ever suffered a mild bout of jitters, have calmed down. But it would be foolish to forget about Cyprus. …

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Bernanke’s Life with pictures

ben bernanke official

                    A bald man with a gray beard and tired eyes is sitting in his oversize Washington office. Ben Shalom Bernanke was born in December 13, 1953. He  is an American economist and currently chairman of the Federal Reserve, the central bank of the United States. Bernanke was born in Augusta, …

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Global Economic Woes Weigh on Wall Street

NYSE traders are laughing. A picture from Reuters.   After closing out the first quarter with big gains last week, Wall Street slumped on Monday as traders responded to a round of weak data on the global factory sector.  Today’s Markets  The Dow Jones Industrial Average fell 5.7 points, or 0.04%, to 14573, the S&P 500 dipped 7 points, or …

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Change the default template on mt4

Forex Chart

  If you open a new chart on your MT4 , you will see the Default chart which has a black background and Lime-Green candle stick Like that : You always see that template when you open a new chart. You can change your default template easily. At first , change your background and colors on your chart as you …

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With pictures : Cyprus banks reopen

Cyprus banks reopen

A man walks in front of a Bank of Cyprus Photograph: Bogdan Cristel/Reuters     Banks in Cyprus have reopened after a two-week closure amid EU-IMF bailout talks, with orderly queues for cash and strict limits on daily withdrawals. Cyprus needs to raise 5.8bn euros ($7.4bn; £4.9bn) to qualify for a 10bn-euro bailout from the European Commission, European Central Bank …

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