Not so long ago there was a period when it seemed that world central banks were on the path to normalization. We have been approaching a significant milestone on a long journey since 2008, when in response to the collapse of the global financial system, central banks around the world adopted a number of unconventional political measures. They lowered interest rates to zero. Under the sign of quantitative easing, they have acquired mountains of bonds.
Janet Yellen, then chairman of the U.S. Federal Reserve, ended her quantitative easing program in October 2014. By this time, the country’s central bank had accumulated assets of $ 4.5 trillion. Since then, the balance has been depleted, and interest rates have risen. The European Central Bank (ECB) did not join the quantitative easing game until March 2015, but stopped its purchases in December 2018. Meanwhile, the Bank of Japan was the exception that proved the rule. Continue reading
You have probably already heard that the business in Singapore is extremely profitable. Among the main reasons, a favorable investment climate, humane taxation, state support programs for companies and easy access to sources of additional financing were probably mentioned.
But hearing is one thing, and starting a business in Singapore is another. You begin to search for additional information on the Internet, and gradually get lost in the flow of information, the reliability of which causes certain doubts. The pronounced commercial component on the websites of intermediaries is also haunting. As a result, the final decision is postponed until better times, which in most cases never come.
Meanwhile, the idea of starting a business in Singapore is really quite robust. We will not talk about the main stages of company registration and choosing a bank for continuous service. This topic deserves a separate thorough discussion, and we will try to disclose it in the following materials. But to discuss whether this jurisdiction is really so profitable is definitely worth it. Continue reading
Apple is one of those companies that they either love to bigotry or are extremely skeptical. However, one cannot fail to admit that this company is truly revolutionary in its field and has simply brilliant financial success.
Back in 1991, the famous Macintosh System 7.0 operating system appeared. Today, Apple is a leader in the world of computer technology. Naturally, many have an interest: how did Steve Jobs manage to achieve a level of the company that continues to hold on even after his death? Why is Apple so distinctive from the rest and how has it won such a huge number of fans and connoisseurs of its products?
The financial success of the company has never been the main and main goal for Steve Jobs. In the first place, he always made new innovative developments and the future of the company. This idea is supported by the chief designer of Apple Jonathan Ive: “No matter how frivolous it may look, but earning income is not our main goal. We are quite satisfied with our profit. What we always strive for is the creation of a perfect product. And when people evaluate it and use it, then we get our income. ” Continue reading