Virtual currencies from games such as RuneScape are prized in a country whose real money is worthless. Game players can sell their virtual gold to other players for real money or cryptocurrencies, but the market is getting crowded, and hyperinflation is a threat.
An escalation in military tension is scaring tourists away from South Korea. Corporate scandals have also diverted attention from the 2018 Winter Olympics Games there.
An escalation in military tension is scaring away tourists, and corporate scandals are diverting attention from the 2018 Winter Olympic Games in South Korea, which start on February 9. As a result, its organizers are only about 30 percent toward their goal of selling 1.1 million tickets.
The next big cyberattack could turn America's lights off. Security experts say there's evidence Russian hackers have breached U.S. utilities and nuclear power plants.
You can speculate on stocks going up or stocks going down, but you can also wager on how extreme the ups and downs will be. Investors who bet on calm have done stupendously well lately, but the persistence of extreme calm may have pushed investors toward strategies that could blow up if volatility returns.
Foreign sales are becoming increasingly important to U.S.-based defense contractors. Many Asian countries are ramping up their defense spending, while U.S. defense spending on new systems remains relatively flat. As part of a proposal to win sales in India, Lockheed-Martin and Boeing have both indicated that they will manufacture fighter jets in India rather than simply exporting them from the U.S.
Swift, an essential part of the international banking system, is being used by cybercriminals, possibly in North Korea, to steal millions of dollars from more than a dozen banks in underdeveloped countries. The crimes point to big trouble in the cross-border transfer of money, the basic plumbing of global finance.
Given Eritrea’s minimal phone and Internet access, it’s hard to draw attention to its economic and political problems.
North Korea is now attracting foreign companies that have a tolerance for risk and government meddling and China is leading the pack. What are the risks and rewards of marketing north of the DMZ and why are companies acting so quickly?