Gold and Bitcoin Prices Are Soaring This Year

Gold and Bitcoin prices have been soaring so far this year. Investors tend to flock to these assets during times of market distress or if they fear a blank swan event. Gold prices have shot up over 5.70% year-to-date and closed at $2,190.50 today. Digital currency Bitcoin has rocketed by about 72% and crossed $72,160 …

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Clarifications on Ecopetrol’s Upcoming Dividends

Colombian oil major Ecopetrol (EC)announced 4th quarter, 2023 earnings late last month. The company also announced their dividend distribution proposal for payment to shareholders in 2024. The profits in 4Q were down 38% as oil prices declined according to a new report by Reuters. From the report Colombia’s majority state-owned oil company Ecopetrol (ECO.CN), opens new …

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What is Money Laundering: Infographic

Money laundering is a major problem affecting many countries in the world. But what exactly is money laundering? In simple terms it is one form of “washing” illegally-sourced money to convert into good money. I came across the following more details on this process: Click to enlarge Source: The Council of the EU and the …

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