China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

The money network:

The money network:

Why crowdfunding threatens traditional bank lending

Wednesday, December 16, 2009

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FxPro sponsors Virgin Racing


Few people are as expert at generating publicity as Richard Branson. This week, he launched Virgin Racing to compete in that supposed sport called Formula 1. Cyprus-based trading platform FxPro has decided to sponsor the team.

“I’m absolutely delighted that FxPro is sponsoring Virgin Racing in F1. The fact that both of our companies are passionate about achieving great results for our clients on a global basis and share dynamic values and principles of delivering excellence and care in our services, makes me strongly believe that Virgin Racing will be a success as a brand as well as on the track. It is a pleasure for FxPro to be working in partnership with the Virgin Racing team,” says FxPro’s chairman Denis Sukhotin.








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