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Event recap
Similar to the previous exposure case, Mr. Shi also opened an account at AAFT GLOBAL through a so-called “financial adviser”, but his trading didnt go well and he soon lost some money due to high market volatility. In order to curb losses, Mr. Shi decided to withdraw the remaining balance, but the withdrawal turned out extremely difficult.
When submitting the application, Mr. Shi frequently encountered problems such as website breakdown and application submission failure. After consulting the customer service, Mr. Shi tried again, but found that he could not even enter the amount of withdrawal. Again he tried to contact the customer service via the brokers website and from his mobile phone, but neither worked. Until now, Mr. Shi still cannot withdraw his account balance.
Analysis
WikiFX exposed AAFT GLOBAL in an article a month ago, but apparently some investors failed to take the warning. All the exposure articles of WikiFX are based on the real experiences of investors, most of which have suffered heavy losses on illegal platforms, so investors should definitely watch out for these exposed scam brokers.
As we mentioned before, AAFT GLOBAL‘s official website is clearly flawed, and investors can notice the traps if they take a closer look. Both the Chinese and English versions of the introduction on AAFT GLOBAL's official website offered ambiguous descriptions about the company’s regulation, raising doubts among investors, while its advertisements were also suspected to be misleading.
Conclusion
According to WikiFX App, AAFT GLOBAL is currently unregulated and has been in business for less than a year. The broker has a low rating of only 1.89 on WikiFX App and bears tremendous risks, so investors should definitely stay away from it.
WikiFX have now exposed countless illegal brokers through the articles based on thousands of investor complaints, and investors can draw valuable lessons from these peer experiences. If the broker youre looking up has been exposed before, please be careful and mind the risks.
When under pressure, forex brokers might ration liquidity and prioritize the clients who are more closely associated with them, such as those that stick to their single-bank platform, while those trading across platforms could experience serious liquidity evaporation. BIS estimates around US$9 trillion of forex payment faces such risk per day, and as instant-market-crash become more frequent recently, the exchange rates can experience significant ups and downs out of established trading ranges in just minutes, even seconds.
The pound sterling once experienced such flash crash in October, 2016 plunged to its lowest in 30 years; another example is the Swiss Franc which fell drastically against the Euro in January, 2015 due to sudden cancellation of the cap on CHFs value against EUR.
A report from the Dutch Bank last October suggested gold boosts people‘s confidence in the central bank’s balance sheet and offers a sense of security. The conclusion seems to be well-grounded.In 2018, Poland became the first European country to purchase gold in the past 2 decades, and the National Bank of Poland(NBP) has carried on the trend this year by purchasing over 100 tonnes of gold.
Polands gold purchase may start a new trend in Europe. Some countries have been struggling under already negative interest rates. Steady demand from central banks is only part of the factor that can push up gold price which, although lingering between support of 1450 and resistance of 1500, has greater potential to rise next year.
The gloomy outlook that US economy may again face recession may trigger a gold surge next year, as the US Federal Reserve may be forced to cut interest rate further in face of a new recession, thus weakening the dollar and drive up gold price.
Bangkok is the third and last stop of WikiEXPO‘s serial expositions in Asia this year. In order to offer the investors and professionals the best participating experience at the event, WikiEXPO team spends approximately two months preparing for every exposition. Following the last exposition in HCMC, Vietnam, WikiEXPO Bangkok was hosted at an even larger venue covering 3,000m2, in order to offer brokers, investors and other professionals a high-quality platform to share their expertise and forge business connections. Meanwhile, WikiEXPO’s collaboration with 5 prestigious local forex media groups had enabled local investors to further understand the forex market through more diversified channels.
On 24th at 9am local time, attendees entered the venue after registration and the host opened the event with a splendid welcoming address. WikiEXPO understands the significance of market exposure for exhibitors and strives to provide the 30+ participating brokers more branding opportunities in the agenda and venue arrangement. As the host of the event, WikiEXPO showed much dedication and consideration, which was evident in many details at the venue. From the posters on the pillars to logos on charging stands and drink booths, the exhibitors were given more opportunities to display their brands and logos, while investors learned about them more directly by engaging in more efficient interactions with brokers.
Taking full advantage of the venue, WikiEXPO thoughtfully arranged two speech sections and three salon sections that allowed brokers presentations and KOL speeches to run in parallel, thus increasing time efficiency of the Expo. Investors had more choices during the same period, while more brokers also benefited from having adequate time to introduce their brands. Guest speakers shared their expertise and insights about forex trading, market trend and global financial context through fascinating speeches, such as “Elliott Wave Made Easy”, “Money Management” and “Forex Industry Trends Nowadays”, kindling wild applause in a warm and lively atmosphere.
During the event, WikiEXPO also arranged tea breaks for the participants, as well as several lucky draws that offer great prizes such as HUAWEI Mate30 Pro and Huawei P30 Pro. Investors were very pleased as they not only learned plenty about forex but also got the chance of winning exciting prizes.
The successfully close of the Bangkok Expo also marked a satisfactory ending of WikiEXPOs journeys in 2019. WikiEXPO team will review the achievements in 2019 and get ready for the upcoming events next year. In the past, WikiEXPO left its trace in Kuala Lumpur, Ho Chi Minh City and Bangkok; looking ahead, WikiEXPO will continue to carve out more new frontiers and achieve even greater success.
Amazon’s Prime Student deal gave new users £5 off their first purchase with a code called “Welcome5”.But undergraduates quickly realised that it gave them a fiver off everything they bought no matter how many times they used it.Try to find ways to save much money? Promosstore is the best place for you to get coupons, vouchers and deals to help you save much money on your purchase. To get more news aboutpromosstore discount code, you can visit promosstore official website.
Word spread like wildfire across the UK’s campuses and students began stock-piling everyday items such as toilet rolls and toothpaste – as well as packs of beer.
One student got £2,500 worth of goods for nothing and many bought enough household goods to last their entire degree course.
Student flats in London, Durham, Nottingham, Manchester, Salford and Hertfordshire began to resemble warehouses.
One undergrad estimated the blunder had cost the retailer - run by the world’s richest man Jeff Bezos – hundreds of thousands.
At one stage Amazon’s top seller list showed items such as toothbrushes, loo roll, deodorants, books, batteries, iPhone chargers, sports socks and cheap beer. A student flat in Newcastle was among the first to discover the golden opportunity.
One of the lads there who cashed in - a 19-year-old business student - said: “The Welcome5 code was designed as a one-time introductory offer, but the brother of a flatmate got in touch to say he’d entered it a second time and it worked again.Obviously we were quick to try it ourselves and couldn’t believe that no matter how many times we put it in it always worked.
“It was only available on a single purchase so you could get a fiver off anything, which didn’t mean much if you wanted expensive stuff - but we’re students, we just want anything we can get.
“We started looking for useful stuff that was a fiver or under and discovered there was loads that we could get that would be really handy - and also some pretty rubbish things we got just for the hell of it.
“We’ll never need to buy toiletries, cheap novels, highlighter pens, folders or batteries again during our whole university career and well beyond.
“It became an addictive game which we called: ‘What can you possibly buy for under a fiver’ and we were pretty inventive.“We found some packs of six bottles of beer for £6.99, which meant we were getting them for £2 a pack, which was a big moment.
“We were up until 3am ordering and ordering because we figured that at some stage any minute Amazon would twig what was happening and pull the plug - but they didn’t.Want to get the highest quality products with the lowest prices while shopping? Read More
Airline promo codes are those short, magical series of letters/numbers that you enter in a box at online checkout and – POOF! – the price magically decreases.Try to find ways to save much money? Promosstore is the best place for you to get coupons, vouchers and deals to help you save much money on your purchase. To get more news about platypus promo code, you can visit promosstore official website.
You can see the full list of airline promo code pages at the bottom of this article.
Airlines and online travel agencies love using promo codes to offer loyal customers discounts on flights. The airline or travel agency also benefits when you use a promo code. Why? Because to use the code you’ll need to book directly through them and not one of their competitors.
BUT! Before you assume the promo code discount is going to give you the best deal, it’s smart to still run a search on Skyscanner to see if someone else is offering an even better price on your desired flight.
After running a search, you can still book directly through the airline/travel agency of your choice from the search results and use the promo code (if that turns out to be the cheapest price).
Promo Codes: How to find them
Skyscanner has dedicated pages for promo codes for nearly every single airline and online travel agency. We frequently update these pages with any current promo codes being offered, along with general sales and flight deals.
You can also sign up for your favorite airlines’ newsletters, as these are the first place they’re likely to announce any promo code sales.
Most airlines will list their current sales, including promo codes, on a specific page of their site. To find them look for a ‘Plan/Book Travel’ or ‘Explore’ (or similar) tab and you should be able to find a section for ‘Travel/Flight Deals and Offers’.
How Often do Airlines Offer Promo Codes?
Some airlines rarely offer promo codes while others are known to offer a new one every month. A popular time for airlines to offer promo codes are over the holidays & especially around Black Friday & Cyber Monday.
Before booking a flight, it’s always a good idea to double check on the airline’s or travel agency’s ‘Deals’ page to see if a promo code is available for your trip. You can run your search on Skyscanner to find the cheapest website to book through, and then double check on the airlines webpage on a separate window.
There are usually restrictions on the routes and dates that the promo codes can be used for. Occasionally airlines and online travel agencies also offer promo codes for vacation packages which would allow you to book the hotel/flight/car as a complete package. These package promo codes are available more frequently and typically offer the greatest savings.Want to get the highest quality products with the lowest prices while shopping? Click to Buy
Most of us have experienced it: After completing online shopping, we click on the “Checkout” icon to see how much we owe. Up pops an empty box. We’re invited to enter a promotional code -- a code that undoubtedly would save us big bucks, if we had one, which we don’t.Try to find ways to save much money? Promosstore is the best place for you to get coupons, vouchers and deals to help you save much money on your purchase. To get more news about www.promosstore.com, you can visit promosstore official website.
Take heart: These days, finding promotional codes isn’t difficult.
“Retailers used to provide these codes only to select customers,” The Christian Science Monitor noted in a recent report.
“But an economy in free fall has inspired more consumers to scour the Internet for deals. Minus a few exceptions, stores are desperate to unload merchandise and haven’t fussed much about the widespread dispersion of their codes, which can offer consumers serious discounts.”
About 75 percent of online retailers now offer promotional codes or coupons, said Lenka Keston, product marketing manager which works with more than 5,000 retailers.
Last week, a visit to the Web site would have yielded codes good for, among other things, 10 percent off orders, free shipping on orders of more than $49 and $5 off any order of $50 or more.
“It’s really hard for a retailer to be competitive without them now,” Keston told the Monitor. “Now, if you want to compete online and you don’t offer the codes or coupons, the consumer will go to your competition.”
In December, 31 million people or one of the many other Web sites that aggregate promotional codes and coupons -- That’s a 46 percent increase from December 2007.
“It’s easy to find promotional codes online,” said Lisa Lee Freeman, editor of ShopSmart, a magazine produced by the publisher of Consumer Reports. “Just go to Google and type in the words promotion code and the name of the Web site where you’re shopping.”
Similarly, Freeman said, anyone considering a major in-store purchase should look online for coupons.“Always check the first day of the month,” she said. “That’s when they typically load the new coupons.”Want to get the highest quality products with the lowest prices while shopping?visit homepage
Wisconsin just awarded its biggest jackpot in history after a West Allis man claimed his Powerball prize last week. Get more news about 彩票免费包网,you can vist loto98.com
If you want to be Wisconsin's next big winner, CBS 58's Lindsey Branwall looked over the numbers to find the luckiest places in the state.
The Pewaukee Corner Pump is still buzzing, two years after they sold a winning $150 million Powerball ticket.
"We've gained a reputation for being a place to go for the lottery," Pewaukee Corner Pump owner Ed McMahon said.
The Wisconsin Lottery has recently nicknamed the state "Winsconsin" since the $768 million Powerball ticket was sold in New Berlin and claimed last week by Manuel Franco of West Allis. I honestly felt so lucky that I did look at the camera and I wanted to wink at it because I had that lucky feeling," Franco said in a press conference where he came forward to claim his prize.
"The ripple effect of a ticket being sold at a gas station is it just creates an amount of excitement around that gas station, that 'is that gas station the lucky gas station now?' 'Should I buy my tickets at that gas station, now?' We've seen that but, then certainly that can go away and another gas station will win in the future and suddenly that's the lucky gas station," Wisconsin Lottery Director Cindy Polzin said. Polzin says sales increased three-fold after Speedway sold Franco's winning ticket.
CBS 58 decided to take a closer look to find Wisconsin's luckiest places, sorting through every lottery winning over $600 for nearly 10 years from 2010 through March of 2019. Manuel Franco's win was not on the list because he hadn't yet come forward.
Many of us are familiar with the feeling of breaking out the quarters to scratch away at a gas station ticket.Get more news about 彩票API,you can vist loto98.com
Last year, North Carolinians spent over $2.9 billion on the lottery, and approximately 68% of those sales were on scratch-offs.
They’re fun and shiny and meant to catch your eye -- to buy on a whim.
But it turns out you can rely on more than just pure luck."Right now, people when they buy tickets, they’re going out and they’re saying, 'Oh, that’s a pretty looking ticket,' or, 'This one feels lucky.' They have no idea what they’re really buying," said Jarred James, founder of Lotto Edge.
“We go out and we analyze data that people didn’t even realize existed," James said. "We can’t guarantee you’re going to win, but we will improve your odds."
Some states like North Carolina are legally required to make public the data for each scratch-off game, like which prizes have already been claimed, and how many tickets remain.
Increasing your odds of winning the lottery
"North Carolina has a couple games in particular that are listed as positive return on investment," Carmer said. "That usually happens when there’s just one or two big prizes left and maybe just a few thousand tickets left over."
To test it out, NBC Charlotte Defender Savannah Levins bought four tickets. Two that, according to Carmer’s site, had the highest chance of winning, and two that were listed as having the lowest chance.
Both tickets that had better odds of winning, according to the data, won -- a total of $30. Both tickets that had the lowest odds of winning -- lost.
"There’s a few disclaimers on the website that say, 'You know, you probably shouldn’t do this,'" Carmer said. "Which actually is a lot different than a few other websites like mine, they claim, like, 'beat the system, follow our strategy; you’ll win,' and that’s really dishonest."
The moral of the story is you probably won’t get rich on a scratch-off. But if you have a couple extra bucks and want to test your luck, why not use the odds…to get even?
The coronavirus outbreak shuttered many factories, restaurants and shops in China, likely causing the economy to contract for at least the current quarter, and maybe longer. The question now is what might be results of that shock, as it works its way across the nation.To get more Shanghai economy news, you can visit shine news official website.
Rising Unemployment
The job market is a good place to see how the economy is dealing with the shock. The immediate effect in February was to throw 8 million people out of work, according to an estimate by economists at Australia & New Zealand Banking Group.
Reversing that trend of rising unemployment is a clear priority of the government, which still aims to end absolute poverty this year. The authorities already have a basket of measures to support jobs and hopefully stop unemployment going above the record 6.2% in February.However, while the domestic economy is returning to normal, the expected slump in global demand from the pandemic could hit Chinese factories again, endangering many manufacturing jobs, according to Louis Kuijs, chief Asia economist at Oxford Economics in Hong Kong. The situation this time is different from the financial crisis more than decade ago, when China avoided the worst of the global recession with a vast stimulus plan.
“This time there’s much less appetite for major macro stimulus, even after the massive decline of GDP in the first quarter,” said Kuijs. “That means that the pressure on China’s labor market is set to be larger now than in 2009, and thus the challenge is for policymakers to stabilize it – by means other than giant stimulus – as well.”
Bankruptcy Risks
Even more than shuttered factories, the most immediate effect of the outbreak will be on the shops, restaurants and other small companies which were either forced to shut or make do with little to no business for weeks. While manufacturers can produce more now to make up for lost time, much of the shopping that didn’t happen won’t occur.
The question is how long smaller companies can survive with such a slump in revenue. Two-thirds of firms only had sufficient cash reserves to survive for a maximum of three months, according to a February survey by China Merchants Bank Co. of more than 20,000 mostly small- and medium-sized firms.Authorities have unleashed a raft of relief measures, including cheaper loans, a tax rebate and delays to loan payments to keep them afloat. But progress is slow. From Jan. 25, about one-fifth of SMEs got a reprieve on loan payments that were due, according to an official at a press conference on Sunday.
Non-Performing Loans
A prolonged emergency could cause China’s non-performing loans to increase by 5.6 trillion yuan ($790 billion), S&P Global estimated last month. That would more than triple the bad-debt ratio to about 6.3% of all loans. The ratings firm expects “questionable” loans to peak at 11.5% of total loans in the aftermath of the epidemic.
China has already loosened the standards for recognizing bad loans as part of its crisis response, allowing banks to hold them for longer without having to account for them. That should give companies in trouble more time before banks calls in loans.To be sure, China’s banks have 6 trillion yuan of loan loss reserves, but the pressure will increase if the economy doesn’t stage a V-shaped recovery in the second quarter.
Bank Stress
A recession will not only lead to more bad debt but also damage the quality of assets, hitting banks’ balance sheets. If economic growth slowed to 4.15%, 17 of 30 major banks would fail stress tests, according to the worst-case scenario in a central bank report last year. While that seemed unlikely then, with growth forecast at just 2.9% this year, it has become a much more immediate problem.
Smaller rural banks were already in a precarious position, with at least three being bailed out or rescued last year. Deteriorating asset quality and falling profitability increases the concern that more regional banks will come under pressure or fail.