Which Have Largest Black Money?

Black money is a problem that is weakening many of the world economies in the present times. Powerful, rich and corrupt people make money by illegal means and send it out of the country using illegal methods so that it becomes difficult for law authorities to trace the black money. Which […]

Black Money a Threat to Money Transferring companies

Black money is nowadays a great threat to financial institutions including banks and money transfer services. Money transferring services help black money holders to transfer money intentionally as well as unintentionally. But in a case when the activity is beyond the knowledge of the money transferring company, then it is obviously […]

What is the impact of black money on economy?

Black money is usually associated with illegal money in the economy. This money is earned by criminals through different illegal activities like terrorism, tax evasion, theft, etc. Black money exists with the real economy but it is unreported and unofficial. It runs a dual economy with the official economy. The interaction […]

FAQs about Online Money Transfer

Since technology has become so much common this world has become a global village. Even people are travelling to the different parts of the world for immigration, studies or jobs. FAQs about Online Money Transfer So due to so many people travelling around the world, there has been an ever-increasing demand […]

GREATEST MONEY LAUNDERING IN BRITAIN:

Today, the serious crime of money laundering is performed in every country with different forms of operations involving criminal activity and other illegal activities. Majorly, countries having problems related to policymaking and law implementation, experience plenty of money laundering cases and social instability as well. The list mostly comes under the […]

WAYS OF MONEY LAUNDERING:

The process by which criminals make a large amount of money through several evil activities like drug trafficking and terrorist funding is called money laundering. Later, the money earned by unethical means appears as legal money in the economy. The process of money laundering is done through several stages. There are […]

HOW MONEY LAUNDERING DAMAGES ECONOMY?

The crime of money laundering is faced by almost every economy in the world which makes it a global phenomenon. The adverse effect of money laundering is mostly seen as a threat to economic activity and security matters. Money laundering basically encourages criminals to earn profits and boost the rate of […]

CURRENCY REVALUATION:

Currency revaluation is just opposite of currency devaluation. Currency devaluation is the upward shift to the value of a certain currency. Just like the decline in the currency value, this significant rise also impacts the economy of a country is a crucial way. This process of revaluation can be done by […]

IMPACTS OF BREXIT ON EU:

Brexit is going to influence both the parties; UK and EU. Not only the UK will face several consequences related to its economy and politics but the other EU member states will also experience changes related to their economies. Mostly, Brexit is seen negatively as it is going to hurt the […]

VALUE OF US DOLLAR:

US dollar is the most popular currency in the world. The value of the dollar can be defined by the fact that the value of the currency of a country is determined by comparing it to the US dollar. Other currencies are used for exchange only on local levels. In global […]

IMPACT OF GLOBALIZATION ON ECONOMY:

The world has become like a village now where everyone knows about each other. Information moves so much quickly and easily from one corner of the world to another. Same is the case with goods and services. When the economic aspect of globalization is under discussion, trade is an important agenda. […]

WHAT FACTORS LEADS TO ECONOMIC CRISIS?

An economic crisis is caused by the decline of business and consumer confidence. It shows the tipping point in the business cycle where the peak moves to contraction. Economic crisis creates a situation where the market starts to collapse and the business sector experience huge loss. The economic information plays an […]

PROBLEMS FACED BY PAKISTAN’S ECONOMY:

It is an unavoidable fact that Pakistan is going through a difficult phase of economic growth. The problems today are the creation of mistakes done in the past and present situations also contribute to it. The slow growth of the economy has its deep roots in the aspects of political, social […]

IMPORTANCE OF MONEY TRANSFER SERVICES:

If you live away from your family, you might understand that how much it is important to send to have access to a service through which you could send money if you are the breadwinner of your loved ones. Importance of money transfer service can be determined from this. People who […]