Caterpillar fungus facing extinction

The Caterpillar fungus, a new found natural commodity for the communities who live in the Himalayan region with a high economic value and this, in fact, lead to enormous ecological threats to the species, leading to its sharp decline in its natural habitat. According to trade insiders, a single caterpillar fungus sells in India for…

Beepi most funded startups fails

So far in 2017  two companies Beepi and Quixey were among the 10 most funded startups to fail according to Techcrunch. They managed to raise funding in the region of $1.7 billion from venture capitalists and banks. In some cases, their great idea floundered on operational problems. Beepi a used car service that bled cash…

Loonie leaps to highest level as BoC raises interest rate

The Canadian dollar nicknamed Loonie leaps to its highest level in over two years against its US counterpart yesterday, after the country’s central bank raised interest rates to 1 per cent in response to a stronger economy. It is the second time this year that the Bank of Canada (central bank) has upped the rate…

Peruvian Music

IMG_5742   Chumaichada, is the dance from the amazon region of Peru with strong influences of dance and music. Creole Waltz – a Peruvian adaptation of the European Waltz and Cueca a pan-Andean compound with ¾-6/8 dance rhythm. The most popular dance in Peru is the Marinera Nortena which represents a man’s courting a young…

Bitcoin tumbles 11.4%, China make it illegal

  Crypto currency Bitcoin nosedives 11.4 per cent since July 2017 to £ 3, 331.22 ($4, 326.75) and one point the crypto currency was down over 16 per cent, as China’s Central Bank, PBOC declares initial coin offerings and all related fundraising activity to be illegal. Issuing the strongest regulatory challenge so far to the…

Aston Martin set to float on the London Stock Market next year

Aston Martin is considering plans to list on the London Stock Market, which give fans to buy shares in the prestigious 104-year-old car marker. According to a Bloomberg report they could float as early as next year. The Warwickshire based luxury manufacturer could aim for valuation similar to Ferrari which listed in New York in…

Gold prices soar

Gold price soared 1 percent to their highest in almost a year yesterday 4th September 2017, in the wake of North Korea’s latest and most powerful nuclear test as investors went elsewhere in search of safe-haven assets including Bitcoin. Spot gold had risen to £1,030.54 ($1, 338.36) per ounce by 07:08 GMT, after touching its…

BRICS meet at Xiamen

At the ninth BRICS Summit at Xiamen, China, where the leaders of BRICS nations, decided to support the strengthening of international cooperation against corruption and including the use of the BRICS Anti-Corruption Working Group. Zi Jinping the Chinese president lamenting that “ protectionism and an inward-looking mentality are on the rise, only openness  and inclusiveness…