China to deepen financial reform, no matter how global situation changes: China’s Central Bank

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Photo taken on March 13, 2018 shows the headquarters of the People’s Bank of China. Photo: Xinhua

No matter how the international situation changes, the most important thing for China is to do its own thing and unswervingly deepen the reform of the financial industry and open up to the outside world, Yi Gang, governor of the People’s Bank of China said on Sunday.

Yi said priority tasks include implementing the first phase China-US economic and trade agreement, and carry out financial reforms and opening-up measures announced in recent years, such as the removal of foreign equity restrictions in the fields of securities, fund management, futures, personal insurance, and investment quota restrictions for qualified foreign investors. 

China will also approve American Express, MasterCard, Fitch and other institutions to enter the Chinese market, said Yi.

China will continue to promote the full implementation of the pre-entry national treatment plus negative list

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ETC/USD plummets towards $7.00 in matter of minutes

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  • Ethereum Classic extends downward action after stalling under $7.50.
  • ETH/USD eyes $7.00 support in order to gain momentum to overcome resistance at $7.50 and $10.00.

Ethereum price has been in consolidation within a narrow range since the beginning of August. Prior to the sideways trading, ETC/USD broke out in tremendous gains in tandem with the generally bullish market in the last two weeks of July. The cryptoasset stepped above several key resistance levels including $8.00.  This saw ETC exchange hands at levels last seen in March before the Coronavirus-driven market crash.

The sharp declines that followed the spike to $8.318 sort refuge at $6.50 after several key levels failed to hold water including the 50 SMA and $7.00 support. Intriguingly, a reversal saw ETC/USD take back the support at $7.00. Unfortunately, gains have remained limited under $7.50.

Ethereum Classic is trading at $7.138 amid losses from the 50 SMA resistance

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How To Make Black Lives Matter At Harvard Business School

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When I first heard that Harvard Business School Dean Nitin Nohria had publicly apologized for the school’s numerous failures to the African-American community, I was both surprised by his personal confession of complicity and highly skeptical that the anti-Black culture that he had led for a decade would substantially improve. As a senior lecturer at the school for seven years from 2012 to 2019, I had been regularly lobbying Dean Nohria on Black issues. I would initiate meetings with him every year in the fall and spring, armed with my sheet of paper with “Black Agenda” handwritten on the top. I wrongfully assumed that a “man of color” would want to rid the school of its anti-Black racism. Boy, was I wrong! There was no progress.

And then, when I finally read his entire apology, I was outraged and glad that I had retired from the toxic anti-Black environment. The … Read More

Black Trans Lives Matter, Too

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BOSTON, MA - JUNE 13: Thousands march during a Transgender Resistance Vigil + March from Franklin Park Playstead to Nubian Square in Boston's Roxbury on June 13, 2020. 2020 Boston pride was scheduled for June 13, but was cancelled due to coronavirus. (Photo by Barry Chin/The Boston Globe via Getty Images)
BOSTON, MA – JUNE 13: Thousands march during a Transgender Resistance Vigil + March from Franklin Park Playstead to Nubian Square in Boston’s Roxbury on June 13, 2020. 2020 Boston pride was scheduled for June 13, but was cancelled due to coronavirus. (Photo by Barry Chin/The Boston Globe via Getty Images)

On Sunday, June 14, thousands of protesters gathered outside the Brooklyn Museum in New York City in a powerful demonstration supporting the Black trans community, demanding justice for recent lives lost, as well as the disproportionate violence Black trans people face in this country. As people across the country and around the world participate in Black Lives Matter protests fighting for racial justice, it’s important to actively include and speak up for the LGBTQ+ community as part of the conversation.

On May 3, Black trans woman Nina Pop was stabbed to death in a possible hate crime, and a

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Sharing insights since 2007 on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom!

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Many of us look around and wonder how we ended up with so much stuff. Sometimes I wonder why I spend the money on things that don’t get used much. There is a lot to be said for a little more simplicity, as many people are discovering in this recession.

It is possible to spend less money, and still live a full life. And, of course, just because you can afford something doesn’t mean you have to buy it. If you are ready to downsize your lifestyle, you can do so, with a little thoughtful planning.
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creating wealth

I once wondered whether an investment property or a dividend yielding stock is better. The result was an unanimous vote for investing in stocks.

Since then, boy has the environment drastically changed. The financial crisis unfolded with a 50%+ decline in stocks, followed by stocks multiplying during the next

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