Results of the 2022 Stakeholders Survey by the CBCS.

~CBCS Viewed More Positively by its Stakeholders~

Willemstad/Philipsburg:— Stakeholders who are in close interaction with the Centrale Bank van Curaçao en Sint Maarten (CBCS) have seen improvements in their interactions with the CBCS, have an improved image of the CBCS and have experienced a better performance of the CBCS compared to 2020. These are the results of a stakeholder survey commissioned by the CBCS, and conducted by the independent research company RE-Quest. Despite the more favorable results compared to the 2020 survey, respondents once again cited the issues surrounding Ennia & Girobank and the CBCS’s response time as key areas for improvement.
A total of 171 stakeholders participated in the online survey conducted in November 2022. The survey aimed to better understand the perceptions and experiences of different stakeholder groups, focusing on their experience interacting with the CBCS, the image of the CBCS, the CBCS’s perceived performance, the assessment of the Central Bank’s core tasks, and stakeholders’ suggestions for focus and improvement.
In 2022, stakeholders rated the CBCS more positively on almost all measured aspects compared to 2020. On a ten-point scale, Integrity (7.7), Expertise (7.3) and Reliability (7.2) were the highest-scoring attributes, while Innovation and Transparency showed the greatest improvement in ratings. As in 2020, the supervised stakeholders held slightly more positive views than unsupervised stakeholders. Also noteworthy is the fact that, in the survey, the respondents themselves reported that they expected their own views on the CBCS and the tasks it performs to be more positive than those of the rest of the community.
A positive change can be seen in respondents’ answers to the question of how much confidence they have in the CBCS in the long term. In 2020, “somewhat confident” scored highest, followed by “very confident.” This was reversed in the current survey, with “very confident” scoring highest. Some of the reasons cited by respondents for the “very confident” rating are the CBCS’s evident investment in improving its services and communication and, as in 2020, its in-house knowledge and expertise. One respondent stated: “There has been a marked turnaround towards greater professionalism.” Another said: “Overall, the drive for real improvement is evident.”
In addition to the above-mentioned areas for improvement, respondents to the survey also see room for further improvement in the area of supervision and in communicating with the community on matters such as the role of the CBCS, the introduction of the new currency (Caribbean Guilder), and developments related to digital currencies.
These results provide the CBCS with leads on how to further improve its services and communication with various stakeholder groups. “It is good to get feedback showing that our stakeholders do see and appreciate our increased investment in improving our interactions with them. Our aim is to continue this trend and extend it to include the general public: communicating the role, tasks, and importance of the CBCS,” explained Richard Doornbosch, President of the CBCS.
CBCS plans to repeat the survey periodically to identify trends and determine to what extent the efforts to improve its services and communications are leading to further improvements in the perception and experience of its stakeholders.
The report is available for download at
Willemstad, February 9, 2023
CENTRALE BANK VAN CURAÇAO EN SINT MAARTEN upgrades Commercial Vehicle Group (NASDAQ:CVGI) to “Strong-Buy.”

A “buy” recommendation has been upgraded to a “strong-buy” rating for Commercial Vehicle Group (NASDAQ: CVGI) by the investment professionals at This upgrade was communicated to investors in a note that was distributed on Wednesday.

Several other industry professionals have also contributed their expertise in the form of research studies that were written about the company. The financial services company Barrington Research reaffirmed its “outperform” recommendation on shares of Commercial Vehicle Group in a research note published on October 5 and dated October 5. The first research report that Noble Financial will use to cover the Commercial Vehicle Group stock was published on December 1, titled “Commercial Vehicle Group Research Report.” They assigned the company an “outperform” rating and set the price objective for the stock at $10.00.

The first day of trading for CVGI was Wednesday, and the opening price was $7.20. The stock has a price-to-earnings ratio of 18.46, a price-to-earnings-to-growth ratio of 0.43, and a beta value of 3.06. These ratios are calculated using the stock’s current price. The company currently has a market capitalization of $241.29 million price was $7.20. The stock has a price-to-earnings ratio of 18.46, a price-to-earnings-to-growth ratio of 0.43, and a beta value of 3.06. These ratios are calculated using the stock’s current price. The company currently has a market capitalization of $241.29 million. Currently, the debt-to-equity ratio stands at 1.29, the quick ratio stands at 1.30, and the current ratio sits at 2.13. Over the previous year, the price of Commercial Vehicle Group fell to its lowest point of $4.03, while it reached its highest point of $9.10 at one point. The stock’s price has reached $6.21 on its 50-day and 200-day simple moving averages, which are moving averages that are calculated using only price movements.

On Tuesday, November 2, Commercial Vehicle Group (NASDAQ: CVGI) shared its most recent quarterly earnings report. The report covered the company’s performance over the past three months. The most recent earnings report for the company’s business came in at $0.15 per share for the company’s earnings for the quarter. This was the most recent quarterly earnings report. The company’s earnings per share for the quarter came in at $0.15, which was $0.05 less than the $0.22 that analysts had anticipated the company would earn per share. The company’s sales for the quarter came in at $251.41 million, which is significantly lower than the consensus projection of $256.02 million made by market analysts. The return on equity and the net margin for the Commercial Vehicle Group came in at 14.16 percent and 1.30 percent, respectively. In the current fiscal year, sell-side analysts anticipate that Commercial Vehicle Group will most likely generate earnings per share of $0.61.

Several hedge funds and institutional investors participated in recent company stock transactions by buying and selling shares. During the third quarter, Trexquant Investment LP made a 19.9% purchase of additional Commercial Vehicle Group stock, bringing the total amount of the company’s holdings to 100%. Trexquant Investment LP now holds 29,329 shares of the company’s stock, valued at $132,000, following the acquisition of an additional 4,860 shares during the most recent quarter. The company’s holdings reflected a 5.7% increase in the proportion of Commercial Vehicle Group stock held by Perritt Capital Management Inc. during the third quarter. Following the acquisition of an additional 5,000 shares during the most recent quarter, Perritt Capital Management Inc. now holds 92,500 shares of the corporation’s stock in its portfolio. The value of the company’s stock holdings comes to a total of 416,000 dollars. DURING THE THIRD QUARTER, Price T. Rowe Associates Inc. (MD) brought the total amount of Commercial Vehicle Group stock that it owned to 13.0% higher than before. Compared to their holdings three months ago, Price T. Rowe Associates Inc. (MD) now has 41,600 shares of the company’s stock in their possession; this represents an increase of 4,800. The total value of the company’s shares, as of the moment, amounts to $188,000. First Trust Advisors LP increased its stake in Commercial Vehicle Group by purchasing additional shares of the company during the third quarter by making an additional payment of $352,000. This action was taken in response. Last but not least, during the third quarter, Forager Capital Management LLC increased the percentage of ownership it held in the Commercial Vehicle Group to 16.4%. This certainly should not be considered the least significant accomplishment of the three. Forager Capital Management LLC now has 2,217,606 shares of the company’s stock, valued at a combined total of $9,979,000, after purchasing an additional 313,049 shares during the preceding quarter. This brings the company’s total number of shares owned to 2,217,606. 53.06 percent of the company’s shares are held by institutional investors such as hedge funds and other financial organizations.

Components and assemblies are designed, produced, assembled, and marketed worldwide by Commercial Vehicle Group, Inc., and its subsidiaries, including in North America, Europe, and Asia-Pacific regions. The company can be divided into four distinct business categories: electrical systems, aftermarket and accessories, warehouse automation, and vehicle solutions.

How Banking as a Service (BaaS) unlocks opportunity for the banking sector

Amit Dua, President, SunTec

As Banking as a Service (BaaS) nears mainstream adoption, there is a significant opportunity for banks to join the BaaS ecosystem, develop new relationships with fintech firms and create new revenue streams for themselves at the same time.

The mobile industry is one sector where we will see BaaS flourish and become readily adopted by mobile providers, fintech firms and banks. Smartphones [and there are about 6.6 billion globally] have given people access to instant communication and the financial services industry is beginning to understand that by offering smartphone users BaaS, they can facilitate day to day living and help families and businesses financially plan for everything from long-term goals to unexpected emergencies.

Most of the mobile operators around the world only offer the ability to make payments via phones but they don’t offer people access to banking – that is about approximately 1.2 billion people worldwide who want access to savings accounts and insurance for example, both of which BaaS can enable.

If those that don’t currently have a bank account were to open one, they would be more likely to use other financial services such as credit and insurance. They might even start or expand their businesses, invest in education and health, manage risks and weather financial shocks, all of which are likely to improve the overall quality of their lives. So, if a bank offers BaaS services to mobile phone operators for example, it would encourage financial inclusion, which, according to the World Bank Group, has been identified as an enabler to reduce extreme poverty, boost shared prosperity, and to achieve 7 of the 17 Sustainable Development Goals. HM Queen Maxima of the Netherlands, the UN Special Advocate for financial inclusion worldwide, attended SIBOS 2022 to underline its importance in the world, explaining that “the rapid growth in mobile phone use and new customer data trails offer exciting new ways to deliver financial products by leveraging big data and AI – especially in emerging markets,” where many people are unbanked or underbanked. BaaS, while in its early stage of evolution, is fast becoming part of our day to day lives. As consumers, we are used to using apps such as UBER to pay for things and once our payment methods are established the process is frictionless. We moved from cash to card and now to digital payments with relative ease and our spending has probably increased as a result. Overall, all the players in the BaaS system will benefit – the BaaS provider (the bank), the technology company with a banking licence and the charter or fintech in the middle as well as the end consumer.

The long-term benefits of BaaS far outweigh any short term challenges

The business of banking is moving out of the exclusive realm of banks and into a comprehensive ecosystem to bring personalized, customer-centric offerings to market faster. This is what BaaS can achieve if banks are prepared to embrace it, and it can enable them to reach out to many more customers, bring up their economies of scale and bring down their costs. Accessing the data captured via BaaS leads to more personalized services and better customer relationship management and retention.

As BaaS becomes more mainstream, the regulators have noticed. Neobanks and fintech firms are providing a seamless digital banking experience and they need a bank to offer cards, lending, money transfers, and other banking services. Fintech firms also have limited experience with compliance processes. A BaaS model, therefore, becomes critical in a highly regulated and competitive market. Banks have responded by enabling fintech firms and neobanks to have a bank’s resources and infrastructure to expand their offerings while lowering operating costs.

Another challenge with offering banking services through APIs is that it increases the risk of cyberattacks and security breaches if not carefully managed. Technical and operational constraints, like legacy infrastructure can delay implementations and may require costly manual processes to overcome the limitations. In addition, banks must sustain the efforts to add new fintech partners to the portfolio. Banks can further align their business models and reduce the risks by partnering with an experienced fintech provider that offers a secure digital layer which can integrate seamlessly with multiple systems and offer end-to-end connection of business data.

Despite some challenges however, BaaS still brings many benefits to the financial services sector and it’s the customer who is rightly the biggest beneficiary of these advancements. With BaaS, they have more choices and are able to enjoy the full experience of, for example, buying their own house, rather than simply getting a mortgage from a bank. Overall, the whole ecosystem benefits because there is more value creation that is happening via BaaS.

BaaS is developing globally

BaaS is in its infancy, but adoption is growing. In the US lots of BaaS providers are emerging because it’s so much harder to get a banking licence there than it is in Europe. The UK granted the maximum number of licences in the world in the last ten years but, if you can’t get a licence, and want to consume banking services, for example making payments or securing loans, you must rely on someone who does have a licence. That company can ‘squeeze the juice’ fully out of the charter and take full advantage of it.

In Asia, there are very interesting cases emerging for example in Indonesia. An enterprise software supplier which provides software for managing gyms must allow the management of memberships, heavy machinery or equipment and payment processing. The gym chain along with a bank (with a licence) becomes a BaaS provider.

Without a doubt, customer expectations have changed. They want contextual, hyper-personalized, integrated banking experiences and on-demand access to banking services. They want to access banking products and services when they need them, so BaaS presents a new opportunity for financial institutions to acquire customers at lower cost, reach new customer demographics, grow revenues and deliver customer satisfaction.

Different Shipping Company Policies For First Class Packages

There is no definitive answer to this question as different shipping companies have different policies. However, it is generally accepted that first class packages are usually based on weight, with heavier packages costing more to ship. This is because heavier packages require more resources to ship, and thus cost more to the shipping company.

A clerk or carrier will check for weight discrepancies between items, and the item will be weighed if it is found to be overweight. There is a good chance that an attempt will be made to deliver postage due. If the addressee is given a notice that the package must be picked up and paid, they must go to the post office.

Parcels weighing less than 13 ounces are classified as First Class Mail.

It is determined by the shape and weight of First-Class Mail. Priority Mail charges a fee based on the weight, size, and distance of the mailpiece. Priority Mail items weighing more than one cubic foot must pay dimensional weight fees.

Is First Class Mail Based On Weight?

First-Class Mail letters should be no larger than 3.5 ounces in weight, while large First-Class Mail envelopes and parcels should be no larger than 13 ounces. If all postcards and envelopes (or flats) are rectangular, there may be an additional fee applied.

The first-class Mail Forever® stamps are priced at $0.06 (the current $1 oz price) and will never expire. Packages start at $4.80 for packages up to 13 ounces. If the envelope exceeds the maximum dimensions or is rigid, non-rectangular, or has no thickness at all, prices will be charged.

The Royal Mail is the only major postal service in the world to provide a comprehensive system for sending letters, postcards, and parcels. With this service, you can send letters all over the world at a cost that is both affordable and efficient. Royal Mail offers a wide range of letter sizes, from the smallest letter that can fit inside a postage stamp to the largest letter that can hold a large photograph. In addition, the letter size in first class can be changed to the same size in second class. If your letter is more than 13 ounces in size, you can use our Priority Mail service to send it. Mail sent weighing less than 13 ounces may be sent at the Priority Mail price, which is the same as mail sent weighing more than 13 ounces. As a result, whether you send a postcard or a large photograph, Royal Mail has the letter size that works best for you.

Does Package Size Matter For First Class?

Packages with first-classTM labels must be no longer than 22 x 18 x 15 inches in size. Mail Express, Priority Mail, and Media Mail must weigh no more than 70 pounds. A package weighing less than 16 ounces will be considered first-classTM. A maximum size of 130 inches in length and girth (distance around the thickest part) is recommended.

When it comes to sending mail, there are a few things to keep in mind. Before you send any letters or parcels, make sure they are of the right size. First Class envelopes must be no thicker than 12 inches and no thinner than 3 inches in thickness. The second step is to ensure that your mail is properly sealed. To be accepted, your package must be addressed properly and delivered with the correct postage. Furthermore, remember to include a stamp.

First-class Package Mailing Tips

If you are mailing a First-Class Package, your package should be packaged in a non-machinable envelope, such as a poly envelope. If a poly mailer cannot fit an envelope that is too large or bulky, it can be placed in a plain or branded box. When using a branded box, ensure that all branding is removed so that the box does not interfere with the mail.

What Qualifies For Usps First Class Package?



The United States Postal Service offers First Class package service to most businesses. Any business can use this service to send lightweight packages weighing less than 1 pound. You can ship to any residential or commercial address in the United States and its territories, as well as any PO Box within the country, as long as your weight is no more than 15.999 ounces.

There are numerous options available from the USPS, but First Class Package Service is one of the most affordable and quickest. The shipping time for packages in the United States varies, ranging from 1 to 3 days. As a result, this service can be used by any company that needs to send lightweight packages weighing less than one pound. The Shippo discount program offers discounts of up to 90% off standard USPS postage, which can result in massive savings. The recent increase in the weight limit for Shippo makes it easier for e-commerce sellers to ship heavier packages and take advantage of lower rates. Furthermore, it integrates with Shopify, Square, and Wix in order to reduce shipping costs. You can find out what your USPS postage rates are by using Shippo’s USPS Postage Calculator.

USPS First Class Package Service does not guarantee delivery within 1-3 business days. It is possible to ship a box, poly mailer, or envelope using this option. The Insurance Department does not sell boxes, but you can purchase affordable insurance through Shippo.

The United States Postal Service (USPS) delivers first-class mail in half the time that other mail delivery methods do. Generally, the first class mail is delivered within 1-3 days of receiving your order, and 3-5 days after receiving your order. Mail in first class is considered to be of the highest caliber and is intended for personal or business correspondence. It is generally less expensive to deliver first-class mail in a bubble envelope rather than in another form of mail.

Can I Use Any Package For Usps First Class?

If you use USPS First-Class Package, your items must be packed in an envelope, a poly mailer, or plain or branded cardboard. It is not acceptable to use USPS-marked packaging when shipping through the service.

Reuse Those Amazon Boxes!

Recycling Amazon boxes saves money and the environment as well as is an efficient way to reduce postage. When you cover the previous labels with your own, you ensure that your package arrives at its final destination without being mistaken for something else.

What Qualifies As A Parcel Usps?

If your mailpiece does not include a postcard, letter, or flat (large) envelope, it is considered a parcel. It may surprise you to learn thatparcels, which are not just large boxes, are also very personal. Mailrooms often send small parcels in the majority of different classes of mail.

First Class Package Weight Limit

The first class package weight limit is 4 pounds.

Usps First Class Package

There is no one definitive answer to this question. However, USPS First Class Package is a service that offers mailers a way to send packages weighing up to 13 ounces for a flat rate. This service is typically used for smaller, lighter items that do not require expedited shipping.

You can use to print mailing and shipping labels for all USPS mail classes, whether you use an ink-jet or laser printer. If you decide to use it, you will need to pay $17.99 per month plus applicable taxes. USPS First Class Mail is widely regarded as the most cost-effective and popular method of sending items. Whether a postage surcharge is imposed on a letter depends on its shape.’s customers have a competitive advantage when sending First Class Mail. It is possible to print the exact postage amount on each stamp by using Print Exact Postage. With First Class Package Service, USPS tracking is free for small parcels sent within the United States.

Usps First Class Package Service

What is a good first class package? For lightweight packages weighing up to 15.99 ounces that must be shipped to U.S. destinations, the USPS First Class Package Service is a fast, cost-effective method. First Class Package Service offers lower rates than Priority Mail and Parcel Select Ground (formerly known as Parcel Post) when it comes to lightweight packages. How long does a USPS First Class package take to arrive? There is a three- to five-business-day period during which you can mail in small packages and a two- to five-business-day period during which you can mail large packages. Using First-Class Mail® allows you to send envelopes and lightweight packages at a low cost. If the First-Class® rate goes up, stamps from First-Class Mail Forever® will remain unchanged at $0.60 (the current 1 oz price). How much is USPS first class shipping? Domestic prices *br>. Prices displayed above are service prices. First-Class Mail® is the name of the mail service provided by the United States Postal Service. The cost of mailing a letter is $0.60 at the Post Office. Commercial pricing ranges from $0.35 to $0.375. A first-class package service For $4.80, you can pick up a Post Office envelope. Commercial pricing is available for a fee of $3.62. A first-class package return service is provided by us. The commercial pricing for the price range is set at $3.62. There are 20 rows to go.


Is Reg D Suitable for My Company?

Regulation D (Reg D) is a set of rules established by the U.S. Securities and Exchange Commission (SEC) that allows companies to raise capital without registering their securities for public sale and is related to, but different than other JOBS Act regulations. Reg D also establishes certain disclosure requirements that companies must comply with when selling securities under this type of offering and offers several advantages for companies seeking to raise capital, these include:

  • Ability to raise capital from accredited and some nonaccredited investors
  • Reduced disclosure requirements, and faster access to capital
  • No limits on offering sizes


However, there are also certain drawbacks associated with Reg D. For example, companies must comply with state regulations that may require disclosure of notices of sale or the names of those who receive compensation in connection with the sale. Additionally, the benefits of Reg D only apply to the issuer of the securities, not to affiliates of the issuer or to any other individuals who may later resell them.


What is Reg D?


Reg D is a set of rules established by the SEC to help companies raise capital without registering their securities for public sale. The regulations are designed to make it easier for businesses to access capital markets and take advantage of potential investors who were not previously able to invest in private offerings.


Under Regulation D, companies are allowed to raise capital without registering their securities with the SEC under rule 506. Under Rules 506(b) and 506(c), companies are not limited to the amount of capital that can be raised. However, offerings under rule 506(b) cannot use any form of general solicitation, which means they need to rely on their networks of accredited investors. In addition, 506(b) offerings can have up to 35 nonaccredited investors.


Who Can Benefit from Reg D?


Reg D can benefit both companies and investors. Companies can access capital markets without registering their securities for public sale, a great alternative to a cost-intensive IPO. Issuers can also raise the capital they need to grow and expand their business, as well as fund future rounds of fundraising that may be accomplished through a Reg CF or a Reg A+ offering.


For investors, Reg D offers the opportunity to invest in companies with potentially higher returns than other investments due to the increased risk associated with such investments. The majority of investors must meet specific criteria (such as having an annual income of over $200,000) to be considered accredited investors.


Is Reg D Suitable For My Company?


The answer to this question depends on several factors, such as your company’s financial situation and whether you can meet the disclosure requirements under Reg D. Companies that may benefit from a Reg D offering include:


  • Start-ups or development-stage companies
  • Growing businesses needing additional capital
  • Companies looking to access capital more quickly than they could through a traditional public offering

Reg D can be beneficial for companies, as well as accredited investors who meet specific criteria. While there are potential risks associated with a Reg D offering, it may be suitable for your company if you can meet the disclosure requirements and familiarize yourself with the relevant regulations. Ultimately, it is important to consult a qualified securities lawyer to determine if Reg D is the right option for your company.

Brisbane CBD Custom T-Shirt Screen Printing For Business Events: Services Update

The company now offers local organisations and business event planners customised apparel for corporate retreats, tradeshows, and sales meetings with customers. Popular apparel printing methods include screen, DTG (direct-to-garment), and heat transfer printing – which thermally transfers the custom logo or design from paper to fabric.

More information can be found at

Custom T Shirt Printing Online’s expanded service allows business clients to upload – or create – the design of their choice onto T-shirts made from a wide range of select brands, including AS Colour, Gildan, American Apparel, and Australian Stitch. Available styles that are especially sought-after are AS Colour Staple Tee and AS Colour Maple Tee. The Staple Tee can also be used as a unisex shirt.

Custom printed t-shirts are ideal for promoting businesses or complementing any event – adding the organisation’s logo or company name to personalised t-shirts will highlight that business and build brand awareness. Custom t-shirts can serve to effectively promote and advertise a company’s brand, without the unnecessary expenditures typically associated with larger, targeted marketing campaigns. Moreover, comfortable, cotton T-shirts can often make for suitable and appreciated gifts for corporate clients.

Custom T Shirt Printing Online lets customers upload their images and correct them for size and positioning before adding text and graphics on the modelled garment of their choice. Printing can be done anywhere – on the front, back, sleeves, collars, and pockets – and the work can be saved for future use. Using the company’s web-to-print service, customers may also select pre-made templates and designs, in case they lack the time or the need to develop their own designs.

Clients can design not only T-shirts, but also their own shirts, jerseys, hats, and jackets in the style and colour of their preference. Shirt sizes range from extra small to 5XL, in a wide range of colours. Children’s T-shirts are also available for printing.

Custom T Shirt Printing Online offers urgent printing services as well as standard 14-day turnarounds. The company, with factories in Brisbane and Melbourne, will accommodate orders of any size – there are no minimums or maximums.

One customer commented: “I’ve been looking for a business for some time that could provide quality shirt printing and I was so deeply grateful to have found Claude through a mutual contact. He goes over and above to make sure the product is of the best quality for his clientele. I will be recommending Claude to all I know and look forward to continuing my business journey with a trusted shirt provider.”

Peter Schiff Advises Selling Bitcoin Today — Says It’s ‘the Smart Move’

Gold bug and economist Peter Schiff has recommended selling bitcoin today, emphasizing that it is “the smart move.” Many people disagreed with Schiff’s analysis of the price of the cryptocurrency, warning that he is telling investors to sell at the bottom.

Peter Schiff’s Bitcoin Advice

Gold bug and economist Peter Schiff has a Christmas message for bitcoin investors. Schiff is the founder and current chairman of Schiffgold, a precious metals dealer specializing in gold and silver bullion. He has long been a bitcoin skeptic, regularly bashing the crypto while promoting gold.

He tweeted Sunday:

My Christmas gift to HODLers is this bitcoin chart. As you can see bitcoin is much closer to its ceiling than its floor. The yellow line that was once support is now resistance. Since the upside potential is so low and downside risk so high, the smart move is to sell today.

While some people thanked Schiff for his advice, many criticized the economist for telling people to sell at the bottom and causing panic selling. “Just one advice for you: write these things when bitcoin is around top (for example around $200K next time) and you just might help someone. Doing this near the bottom doesn’t help. You saw this last time,” one responded to Schiff’s tweet.

Some people took Schiff’s warning as a sign that the bottom is in. A number of people said they just bought more coins since the price of BTC soared after Schiff said to sell in the past. Many people disagreed with Schiff’s BTC price analysis, telling the gold bug to zoom out on the bitcoin chart to see a buy signal. “The bottom is in,” one wrote.


A number of people reminded Schiff that bitcoin has far outperformed gold in the long term. “My Christmas gift to Peter Schiff is this gold chart which compares its performance to bitcoin during the highest period of inflation in a generation,” one detailed.


Many bitcoin investors have accused Schiff of not understanding the cryptocurrency. However, the economist defended his knowledge of BTC in a tweet last week: “The bitcoin HODL gang accuses me of not understanding bitcoin. They think that if I just took the time to learn about the underlying technology I would embrace it.” He claimed:

The truth is that I understand bitcoin much better than the people who own it. That’s the reason I don’t.

Schiff regularly warns about bitcoin. Last week, he cautioned that BTC may not rise when other financial assets rebound. In November, he predicted that bitcoin has a long way to fall, valuing BTC at $10K. He also believes that the U.S. dollar will crash and the Federal Reserve’s actions will lead to a massive financial crisis.

Unsecured Business Loan for People With Bad Credit

However, recently, it was found that small business owners with good credit found it easier to get business loans from those traditional banks – funding to small businesses is a part of job growth. Unfortunately, on another note, those who have bad credit may find it hard to get the money they need during a financial crisis. So, what can a business owner do if they have bad credit and are in need of money?

Many are under the impression that they have to stick with traditional banks in order to get a loan. There are a variety of funding programs and solutions that help business owners get money, regardless of their credit. Instead of credit, other factors will be taken into consideration, such as credit card sales, bank deposit history and credit partners.

Here are some things that can help you get a business loan if you do not have good credit:

Credit Card Sales

In exchange for a portion of future credit card sales, some institutions are willing to lend money. If you have monthly credit card sales coming in on a regular basis, but you have bad personal credit, you may want to look into a merchant cash advance, but an unsecured business loan is always the best bet.

Bank Deposits

If you are a business and you make bank deposits on a regular basis, simply present this information to the lender. Typically, you should be able to obtain an unsecured business loan that is equal to 10 percent of your annual gross deposits, even if you are dealing with bad credit.

Credit Partner

Using business partners to help you get the loan may be a viable solution. If your business partner has a strong credit score, it is best if you use them. If you do not have a business partner, you may want to branch out and find a potential credit partner that is willing to help you out. Of course, with this method, there are some risks, because you will be co-signing with the business in order to obtain the money you need.

So there you have it, if you have bad credit, don’t just sit there and watch your business fail. There are various things you can do in order to improve your chances of getting that unsecured business loan you need in order to keep your business up and running. Go ahead, search for a financial institution that is well known for lending money to people with bad credit.

How Are Businesses Using Blockchain To Revolutionize Their Industries

To put it simply, it is a computerized ledger of all crypto currency transactions. It keeps growing as more recordings are added to “completed” blocks. Each block has a timestamp, a cryptographic hash of the previous one, and transaction data. Bitcoin nodes use the blockchain to distinguish between legitimate transactions and attempts to respond to previously spent currency.

Blockchain technology was invented in 2008 by Satoshi Nakamoto, a mysterious individual or group. Blockchains are distributed public ledgers where network nodes record and cryptographically validate transactions. In 2009, the cryptocurrency bitcoin was developed as a blockchain application.

There are many places where you can learn about blockchain technology. One excellent resource is cryptowhale. This website provides comprehensive information about blockchain technology and how businesses use it to revolutionize their industries.

Businesses Using Blockchain To Revolutionize Industries

Blockchain is becoming increasingly popular among businesses of all sizes and industries. Its advantages are many, including increased security, transparency, and efficiency. As a result, businesses are finding new and innovative ways to use blockchain to revolutionize their industries.

One example is the food industry. The global food supply chain is notoriously complex, with many participants involved in bringing food from farm to table. This complexity leads to a high vulnerability to contamination, spoilage, and fraud. Blockchain could help solve these problems by providing a secure and transparent record of the food supply chain. This would let consumers know where their food comes from and how it was produced. It would also help reduce the incidence of foodborne illness and fraud.

Another example is the financial industry. Blockchain has the potential to revolutionize the way financial transactions are processed. By creating a secure and tamper-proof record of all transactions, blockchain could help reduce the risk of fraud and theft. It could also speed up the settlement of transactions, making it easier for businesses to do business with each other.

Overall, blockchain has the potential to revolutionize many different industries by providing a secure and transparent record of transactions or activities. This could lead to increased efficiency and reduced fraud and corruption. As more businesses adopt blockchain technology, we can expect to see even more amazing innovations in this exciting field.

Future Of Blockchain And Its Impact On Business

A blockchain-distributed database enables safe, open, and unchangeable transactions. Businesses are already starting to apply it in various ways, and it has the potential to change several industries. Here are just a few examples of blockchain implementation:

  1. Supply Chain Management: Blockchain can track goods moving through the supply chain, from manufacturer to retailer. This allows for greater transparency and efficiency and reduces the risk of fraud or product tampering.
  2. Banking and Finance: Blockchain can streamline the banking process and reduce transaction costs. It can also be used to create digital currencies and smart contracts, which could revolutionize the banking industry.
  3. Healthcare: Blockchain can store patient data securely, streamline medical record-keeping, and reduce fraud and error. It could also be used to create a universal healthcare ID system.
  4. Retail: Blockchain can be used to create tamper-proof digital receipts, which could reduce fraud in the retail industry. It could also be used to track inventory and shipping routes.
  5. Real Estate: Blockchain can manage property titles, deeds, and other real estate documentation. It could also be used to create a global real estate database.

The potential applications of blockchain are endless, and its impact on business is only beginning to be felt. In the future, we can expect to see even more businesses adopt blockchain technology to improve efficiency and security.

Marketmind: COVID vs RRR


Another central bank pivots. The Bank of Korea on Thursday slowed its pace of tightening to a modest 25 basis point hike, becoming the latest central bank to step down from outsized rate increases.

This has aided the risk-on mood in the market, with Asian shares mostly advancing and U.S. dollar broadly weaker.

Overnight, markets rejoiced at the prospect of the U.S. Federal Reserve downshifting to a smaller 50 basis point hike at its next policy meeting in December, ignoring warnings that rates might still have to peak above 5% by mid next year.

The minutes of the Fed's November policy meeting showed a "substantial majority" of policymakers reckon it will "likely soon be appropriate" to slow the pace of rate hikes.

Long-term Treasuries jumped. Yields on 10-year notes dropped to be a huge 79 basis points below two-year yields, a curve inversion on a scale not seen since the dotcom bust of 2000 and, on the face of it, a signal investors expect a deep economic downturn in coming months.

However, much U.S. economic data remains healthy, regardless of what the bond market says. The Atlanta Fed's GDPNow showed the economy expanding at an annualised rate of 4.3% so far in the fourth quarter, implying growth is speeding up, not slowing down.

Elsewhere, China's new economic stimulus – a likely cut to the banks' reserve requirement ratio and a rescue package for the battered property sector – helped real estate stocks but failed to lift the wider mainland market, which fell 0.3% as surging COVID cases still dominated investor sentiment.

China's COVID infections hit a record high, with Beijing, which has the strictest rules, failing to contain the spreading virus. In fact, the author's old community building in Beijing has been sealed off for at least three days, its first such shutdown.

Ting Lu, chief China economist at Nomura, says a RRR cut is likely to be of little use, as the biggest roadblock lies in the government's zealous approach to dealing with COVID, rather than insufficient loanable funds.

"In our view, ending zero COVID as soon as possible is the key to raising credit demand and bolstering growth."

Key developments that could influence markets on Thursday:

Germany Ifo Business Climate index

Riksbank likely to raise rates by 75 basis points, with risk of 100 bp

Speakers: ECB officials including vice president Luis de Guindos, Board member Andrea Enria, Executive Board Isabel Schnabel, and Bank of England's Dave Ramsden and Huw Pill