Following the money: Trump-Russia probes turn into Search for Fund criminality

WASHINGTON, United States of America — The Russia-related probes haunting Donald Trump’s presidency are being pushed into a kingdom that was dark: the political tormentors of the president are now asking questions regarding the underworld, organized crime, along with money-laundering. This recent development was overshadowed by other daily headlines such as the latest news about Trump’s son-in-law Jared Kushner …

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Litigation ‘threatening NHS Financing’ – RocketNews

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The health of the NHS would be threatening auditors are warning.

The National Audit Office says the invoice for clinical uncertainty has skyrocketed within the previous 10 years, reaching nearly #1.6bn last year.

It is currently urging the authorities to do more to suppress the costs.

But ministers say they’re taking steps, pointing out moves have been made to restrict lawyer fees as well as a more rapid resolution.

The latter will bring the greatest damages awards because of the maintenance that’s required in the worst cases.

But the NAO stated on their own these steps would not be adequate.

It stated some trusts were spending 4 percent of their income on uncertainty, which was proving a lot.

And it said this could become the standard — with costs expected to high #3bn by 2020-21.

It pointed out that there was no signs more mistakes were being made or maintenance was getting secure.

Rather, the NAO said that the climbing costs were related to more claims, lawyer fees that were higher and damages awards.

NAO mind Amyas Morse said litigation was a “substantial” price putting strain on an “already stretched system”.

And Niall Dickson of the NHS Confederation said: “We can’t go on like this. This growing wave of litigation is draining the NHS of funds and must be urgently addressed.”

A Department of Health spokesman said the measures will help.

But he added “there is even more to do”, including a new strategy could be developed later on.


Which Coin Will Win?

Mark Fidelman ·

The two of these highflyers are taking the crypto community by storm. Which one is going to fare in 2018? Who do we think will outperform another? Find out.  

In case Ripple is the   Goldman Sachs of all  crypto, Stellar is its own antagonist, Robin Hood, with the latter pointing out that the former is hanging on to nearly 60% of those originally issued Ripple tokens. That in my ledger suggests they could control their own market. For reference, 60% is a towering percentage of founder possession.

So Wall Street has discovered that their Crypto God and they are lifting their gaze to the blockchain to beg for further afield.

By comparison, Stellar’s Robin Hood has seize management of the surplus supply of tokens to a non-profit known as the Stellar Development Foundation which has no inventory or profits awarded to people. Furthermore, it’s backed by a benefactor, “nobody has ever been terminated for utilizing IBM’s coin”. Yes, I made some of that up, but Watson ordered me to compose it.

Assessing the two competing teams, you are quickly struck with the difference in their own governance. Ripple is made up of ex-bankers and an advisory board of worldwide financial institutions, although Stellar casts a set of start-up veterans such as WordPress founder Matt Mullenweg Y Combinator President Sam Altman.

Big Blue appears intent on regaining its most popular tech darling on earth status by jumping to the Blockchain with both toes. They’ve assumed the part of Little John and Stellar is just one of the strategic investments. They want to be the first time horseman to Scott Galloway’s Four at Amazon, Facebook, Google, and Apple. IBM views the blockchain as the opportunity to return to the winner’s stable.

So, if Ripple and Stellar are not able to fight it out, the way shall we doth compare thee?

Ripple (XRP) Stellar Lumens (STR)
Market Cap $84 billion $5.9 billion
Cost $2.17 $0.33
Trading Volume 7.8 billion 518 million
Total Coins 100 billion 103 billion
Target Market Financial Institutions Companies & People
Governance Centralized Decentralized
Transaction clearance 2- 4 seconds two — 4 seconds
Team Bankers Entrepreneurs
Important Partner Bank of America, Merrill Lynch IBM
Inflation Static/deflationary 1 percent inflation each year

The two Ripple (XRP) and Stellar (STR) have experienced enormous run-ups in the past 30 days and concerning cryptocurrency market cap rankings, they have attained twond and 5th respectively. They’ve been carrying out a course over the previous 30 days since you can see below.

Ripple versus Stellar 30

Ripple or Stellar?

The very first thing you want to understand about the two coins is that they’re going to be everywhere. The planet’s strongest banks and one of the most powerful companies will be shooting their crypto arrows to whatever which whiffs of cash.

Along with the market for cross-border payments, microtransactions, and intermediary currency functionality is enormous and both companies are handling it with exceptional technology. For instance, if someone is seeking to exchange U.S. dollars for Euros, possibly system could facilitate the conversion by fitting relevant offers and utilizing Ripple or even Lumens to quickly execute the transaction. Today it may take hours or days.

Neither of these coins will ever find the lofty costs of Bitcoin. There is too much distribution. Imagine Ripple trading in $20,000 which would effectively provide it a market cap of two-thousand Apple Computers. That is not happening. But I will predict that we’ll see Ripple cross $3 a share 2018 while Lumens will triple.

I also predict IBM will leverage blockchain businesses such as Stellar to leapfrog its competitors in an effort to combine the Four Horsemen. Want evidence? Just look at the history of IBM and their various comeback tales.

Believe IBM is only out to harness the blockchain space? Nah, it is more King Richard compared to Sheriff Nottingham and it is a master of reinvention and deploying trends. This time around will be no exception.

My decision: Ripple will keep its rise, but Stellar is a $15 billion market cap coin trapped at a $5 billion chest.

This article is not an investment advice. Do your research and invest wisely.

Agree or disagree with me? Then, speaketh up and best be heard!

Images courtesy of AdobeStock

Disclaimer: The opinions and views expressed in this article are only those of the author and do not necessarily reflect those of Bitcoinist.com.

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Antwort auf Beitrag Nr.: von NathanRosenthal am 17.12.17 15:36:44Die Frage ist worüber du lachen willst ?

Du hast kein Ziel, nichts wovon du profitierst, nichts ehrenhaftes woran du glaubst…

Du kannst höchstens über dich selbst lachen weil du deinen Tag damit verbringst ohne Mehrwert und eigenes Investoreninteresse in Foren zu schreiben.

Viel Spaß weiterhin. Bribumer versucht wenigstens zu bilden. Du drohst immerhin mit harten Bandagen

Ich werde nicht darüber fertig ….

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Finance Ministry Issues Dictate in response to North Korean money laundering Worries

OTTAWA _ Canadian financial institutions are ordered to treat what few transactions they run with North Korea with greater diligence since the federal government attempts to boost stress on the nuclear-armed country.

Finance Minister Bill Morneau softly issued the directive past month after concerns that the North Korean authorities was skirting international sanctions through money laundering and other illicit financial activity.

The amount of monetary transactions between Canada and North Korea is very small due to these sanctions, and also the federal government enforced in August 2011.

But financial institutions will finally have to treat those who are allowed, which include remittances worth significantly less than $1,000 and legal assistance, as possible instances of money laundering and report them to the authorities.

The move comes as Canada prepares to get a meeting with allies in Vancouver a week, even in which the main issue is finding ways to further squeeze the Korean authorities and also get it to give up its own atomic program.

The talks will set a significant emphasis on stopping North Korean money laundering as well as smuggling by sea, ” which U.S. officials have suggested could involve taking actions against North Korean shipping.

Finance Canada deputy spokeswoman Jocelyn Sweet explained the directive came after the Financial Action Task Force raised concerns about _ and advocated that a tougher line against _ North Korean money laundering in November.

The task force is an worldwide body of 35 countries, including Canada, the U.S., both China and Russia, that is tasked with analyzing and developing steps to combat money-laundering and terrorist funding.

Analysts have cautioned that the North Korean government uses money laundering and other illicit financial activity to develop its own nuclear-weapons program, that has been resisted from the Paris-based job force.

“The directive complements Canada’s strong sanctions regime set up against (North Korea) and reinforces Canada’s public statements identifying North Korea as a empowerment of concern,” Sweet said in an email.

Morneau’s order is largely symbolic, said Garry Clement, a retired RCMP officer and current vice-president of the Association of Accredited Financial Crime Specialists, and seems designed more for other nations on board.

Not only does Canada have restricted financial ties to North Korea, ” Clement said, however Canadian banks and other associations are closely scrutinizing any trades with the Asian nation for decades.

The issue therefore isn’t with Canada, but states like China that have been considerably less strict _ and in some cases already implicated _ in money laundering with North Korea.

“That’s the only way you’re likely to tighten up this,” Clement said. “So unless nations like China, like Iran and everyone came on the same page, it is quite hard to shut down global flows”

The U.S. recently sanctioned several companies and individuals in China, after years of complaints about money-laundering and illicit commerce with North Korea.

China, that wasn’t invited to next week’s Vancouver assembly, has begun to crack down on illicit North Korean funding along with smuggling, Brian Hook, director of policy to U.S. Secretary of State Rex Tillerson, told reporters on Thursday, however more is expected.

“We have been very clear with them about the actions we want them to carry against individuals or entities under management that are … assisting or facilitating or supporting North Korea’s nuclear and missile program,” he explained.

“We’ve asked them to take action. They’ve taken actions in some regions.”

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