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15/06/2014

Financial Blog Corliss Group Cybercrime Could Cost Global Economy Over $500 Billion

McAfee report paints grim picture of lucrative industry, despite incomplete data.

Cybercrime could be costing the global economy as much as $575 billion annually, according to a new report from McAfee.

The Intel-owned security company based its estimate on a range of sources, from government agencies to NGOs and academic institutions, counting both direct and indirect...

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!About the blog

Corliss Group Online Financial Mag is a stock-market education website designed to teach beginners how to trade shares. Corliss Group Online Financial Mag does this in a manner easy to understand and uses only relevant and essential information required to trade shares on the stock market.
Corliss Group Online Financial Mag was formed because of the lack of stock-market-related websites that impart the steps required to begin trading safely; thus, our step-by-step guide to buying shares.

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14/06/2014

Global Economy to Grow Less Than Expected by Financial Blog Corliss Group

By Maria Gallucci - Global economic growth is expected to dip this year, following the fiercely cold winter that plagued the United States and turbulence in Ukraine and the world’s financial markets.

The World Bank on Tuesday said it reduced its global growth forecast to 2.8 percent this year, down from a January projection of 3.2 percent, Bloomberg News reported.

The...

13/06/2014

Financial Blog Corliss Group Economic growth to accelerate around the world

The World Bank's most recent Global Economic Prospects (GEP) report, released this week, says a global economic recovery is underway, underpinned by strengthening output and demand in high-income countries.

Global GDP growth in 2014 will be 2.8 percent and it is expected to rise to about 4.2 percent by 2016, according to the report, which the World Bank publishes twice a...

12/06/2014

Financial Blog Corliss Group Lenders Fear Spread of Chinese Commodities Fraud Case

Large banks and trading firms are frantically trying to determine whether they have fallen victim to a suspected commodities fraud emanating from the giant Qingdao Port in northeast China.

Citigroup and several other large Western banks are concerned that their loans may lack the appropriate collateral, big stockpiles of copper and aluminum at the port. The banks have ...