• Busting #trading Myths

    A trader who wants to survive and prosper must control losses.With the emergence of cryptocurrencies, an enormous amount of unexperienced investors got into trading. It is not strange at all, then, that scammers saw it as their shining moment. As a result, hundreds if not thousands of telegram groups were created, promising a secret algorithm, let’s call it a miracle 2.0, that will multiply one’s returns by ten.As crazy as it may sound, many newcomers actually believe that successful traders have some secret knowledge that allows them to stay afloat, no matter what happens in the market. In reality, this fantasy only helps “filthy players” to make money on simple men, by increasing sales of advisory services and ready-made trading systems and bots.As Alexander Elder, a Russian-American (...)

    #cryptocurrency #research #scam #investing

  • How to Start your own #bitcoin #exchange Business with Money-Spinning Strategies?

    Cryptocurrencies have been the hot talk of the town. Blockchain has been certainly the most crucial technology for the trader’s out there. Popular cryptocurrencies such as Bitcoins, Altcoins are experiencing great emendations to keep ahead of the competition.So if you are an investor who is ready to kick-start the Bitcoin Exchange Business, the next 7 minutes will give you a complete guide on them!How much does a website cost per month?If your query is to start your own website, then it can also be certainly done! Before we discuss the cost for the website, let us primarily know the steps involved to start a Bitcoin Exchange website!There are totally ten steps which will ensure a high-quality business! If your query is How much does it cost to develop a Bitcoin Exchange website, you will (...)

    #platform #script #software

  • A #cryptocurrency #trading Strategy

    Build trading systems using TradingViewLearn how to be more productive rather than watching the charts all day.What we are going to cover in this article?What a trading system isStrategies, why do you need oneIndicators, what they are and how to code oneCoding a trading systemTo resume, you will learn what a strategy is, for what it’s used and how to develop one without having a lot of code knowledge.What is a trading system?Developing a profitable trading algorithmic system is more than just finding a good idea, consists of several elements. Psychology and Money Management are fundamental parts of a successful investment. However, without a good strategy, you’ll hardly follow the market.A trading system is a set of rules that govern a trader’s overall approach to trading financial markets. (...)

    #crypto #investing #bitcoin

  • Common Psychological Challenges when #trading

    In #crypto trading, two emotions can ruin the results of an otherwise outstanding trader. These are greed and fear. However, it’s not enough to know these two emotions. You also need to understand how they manifest themselves so you don’t fall victim to them.To help you do that, this article will go over some of the more common psychological challenges in crypto trading.FOMO (Fear of Missing Out)The first and perhaps biggest psychological mistake in crypto is FOMO: the Fear of Missing Out.Traders with FOMO believe that every trade can be a winner. They don’t like to sit trades out for fear of losing profits, and don’t pay much attention to losing trades because they believe in their ability to recoup losses quickly.FOMO leads to 2 specific mistakes: taking on more trades and opening bigger (...)

    #learning #mindset #blockchain

  • Take a Deep Breath: Simple Ways to Recover from Crypto Losses

    The #cryptocurrency market, unlike any other market in the world, is very volatile. And investors that are involved in the market have, at one point or the other, faced large losses. The reason for the losses can be and are of multifold. However, in essence, they are all the same; money is lost.In the cryptocurrency market in specific, the reason can be anything from technology shortcomings to general speculation caused volatility. One of the major reasons for the loss in the cryptocurrency market especially is lack of discipline or blatant overconfidence.Irrespective of the reason, getting over losing a lot of money is a whole different ball-game. It can be one of the most challenging times in the life of a trader and sometimes have catastrophic consequences.If you are someone who is (...)

    #ethereum #trading #bitcoin #take-a-deep-breathe

  • Top 10 Decentralized Crypto Exchanges for a Successful #ProofOfKeys in 2019

    The concerns around centralized #cryptocurrency exchanges being hacked, corrupt, or operating illegally has spread fear amongst traders for years. From Mt. Gox (the largest crypto exchange in 2013) closing its doors and leaving its users without ~850,000 BTC to the 1Broker exchange recently seized by the FBI, you can assume the worst when it comes to leaving your coins in these companies hands.Today, we’ll discuss the recently introduced #ProofOfKeys movement that could reveal the scammers among centralized exchanges and why you should consider a decentralized exchange (DEX) in 2019. We crafted a list of the most advantageous DEXs that you can use, as a trader or just simple crypto owner.The war against centralized exchanges begins“Proof of Keys” is a movement founded by the famous #bitcoin (...)

    #decentralization #education #blockchain

  • 23 Books Every #crypto Enthusiast, Trader and Investor Should Read this (Crypto) Winter

    Hot coco for the perturbed soulDo you want an edge before the inevitable Bull Market? If so, you should be reading. A lot. Here’s a list to get you started. Topics are multidisciplinary and range from economics, trading, network theory, technology, futurism, finance, sociology and the history of money.Two things before we start:I’m giving away all of these books for free. Anyone can enter the giveaway by sharing a Tweet or FB post.These links are Amazon affiliate links, so I get a small cut if you purchase a book.Let’s get to it!1. Trading in the Zone: Mastering the Market with Confidence, Discipline and a Winning AttitudeTrading in the Zone helped me reframe my thinking in terms of probabilities (life is a lot like poker) when I was first starting out, and I have since revisited it several (...)

    #bitcoin #crypto-trading-books #cryptocurrency-book #crypto-books

  • #trading strategies: choosing the right one

    How to Choose Cryptocurrency Trading StrategiesCryptocurrency is a subject of interest to many people nowadays. If you approach it sensibly, you can get a substantial additional money, if not the primary income to your monthly budget. However, beginners make mistakes and trade incorrectly, which leads to a “drain” of capital in the first days of trading. n this article, I consider and define the use of effective global strategies for earnings as well as outline the main mistakes made by the newcomers and even professionals of the market.The briefing pointsThe main advantage of all the strategies described below is high profitability and minimal risks. It is essential to understand the impossibility of trading in cryptocurrency environment without any risk since there is always a chance of (...)

    #bitcoin #algotrading #trader #strategy

  • Investment platforms vie to capture a share of global #remittances

    Investment platforms are vying to capture a share of global remittances
    IN 2016 AYO ADEWUNMI, a Nigerian-born agricultural trader living in London, bought a five-hectare farm in
    his homeland. It has produced little since. “I am not in the country, so I have to rely on third parties. It’s just
    not good enough,” he says.
    Mr Adewunmi has since discovered another, potentially more satisfactory way to make such investments:
    through #FarmCrowdy (https://www.farmcrowdy.com), a crowdfunding platform that lends to Nigerian farms and provides technical
    assistance to their owners. The two-year-old startup, which is considering expanding into Ghana, places high
    hopes in the African diaspora as a source of funds.
    The case for such platforms goes beyond agriculture. Global remittances are expected to soar from $468bn
    in 2010 to $667bn in 2019. They are among the top two foreign-currency sources in several countries,
    including Kenya and the Philippines. Yet hardly any of the money is invested.
    In part, this is because recipients use three-quarters of the money for basics such as food and housing. But it
    is also because emigrants who want to invest back home have few options. New investment channels could
    attract lots of extra cash—about $73bn a year in Commonwealth countries alone, according to research by
    the 53-country grouping.

    Crowdfunding platforms would enable investors to put modest sums directly into smaller businesses in
    developing countries, which are often cash-starved. Yet of the emerging world’s 85 debt- and
    equity-crowdfunding ventures, only a handful raise money abroad. Several platforms set up in rich countries
    over the past decade to invest in developing countries, including Emerging Crowd, Homestrings and Enable
    Impact, quickly folded.
    A big problem is that few developing countries have rules about crowdfunding. Many have allowed activity
    so far chiefly because the industry is so small, says Anton Root of Allied Crowds, a consultancy. Cross-border
    transfers using such platforms easily fall foul of rich countries’ rules intended to stop money-laundering and
    the financing of terrorism.
    Some developing countries have realised that they need to act. Thailand, Malaysia, Singapore and Indonesia
    have all recently passed regulations on equity crowdfunding or peer-to-peer lending. But from a
    cross-border perspective, Africa seems most inventive, owing to active entrepreneurs and Western help.

    Last month the British government approved a grant of £230,000 ($300,000) to the African Crowdfunding
    Association to help it craft model accreditation and investor-protection rules. Elizabeth Howard of
    LelapaFund, a platform focused on east Africa, is part of an effort to see such rules adopted across the
    continent. That would help reassure sending countries that transfers do not end up in the wrong hands, she
    says. She hopes to enlist the support of the Central Bank of West African States, which oversees eight
    Francophone countries, at a gathering of crowdfunders and regulators sponsored by the French
    government in Dakar, in Senegal, this month.
    Thameur Hemdane of Afrikwity, a platform targeting Francophone Africa, says the industry will also study
    whether prospective laws could be expanded to the Central African Economic and Monetary Community, a
    grouping of six countries. Harmonised rules will not guarantee crowdfunders’ success, but would be a useful
    step towards raising the amount of diaspora capital that is put to productive use.

    #agriculture #crowdfunding #migrations #investissement #développement

  • “You Cry at Night but Don’t Know Why”. Sexual Violence against Women in North Korea

    Oh Jung Hee is a former trader in her forties from Ryanggang province. She sold clothes to market stalls in Hyesan city and was involved in the distribution of textiles in her province. She said that up until she left the country in 2014, guards would regularly pass by the market to demand bribes, sometimes in the form of coerced sexual acts or intercourse. She told Human Rights Watch:

    I was a victim many times … On the days they felt like it, market guards or police officials could ask me to follow them to an empty room outside the market, or some other place they’d pick. What can we do? They consider us [sex] toys … We [women] are at the mercy of men. Now, women cannot survive without having men with power near them.

    She said she had no power to resist or report these abuses. She said it never occurred to her that anything could be done to stop these assaults except trying to avoid such situations by moving away or being quiet in order to not be noticed.

    Park Young Hee, a former farmer in her forties also from Ryanggang province who left North Korea for the second time in 2011, was forced back to North Korea from China in the spring of 2010 after her first attempt to flee. She said, after being released by the secret police (bowiseong) and put under the jurisdiction of the police, the officer in charge of questioning her in the police pre-trial detention facility (kuryujang) near Musan city in North Hamgyong province touched her body underneath her clothes and penetrated her several times with his fingers. She said he asked her repeatedly about the sexual relations she had with the Chinese man to whom she had been sold to while in China. She told Human Rights Watch:

    My life was in his hands, so I did everything he wanted and told him everything he asked. How could I do anything else? … Everything we do in North Korea can be considered illegal, so everything can depend on the perception or attitude of who is looking into your life.

    Park Young Hee said she never told anybody about the abuse because she did not think it was unusual, and because she feared the authorities and did not believe anyone would help.

    The experiences of Oh Jung Hee and Park Young Hee are not isolated ones. While sexual and gender-based violence is of concern everywhere, growing evidence suggests it is endemic in North Korea.

    This report–based largely on interviews with 54 North Koreans who left the country after 2011, when the current leader, Kim Jong Un, rose to power, and 8 former North Korean officials who fled the country–focuses on sexual abuse by men in official positions of power. The perpetrators include high-ranking party officials, prison and detention facility guards and interrogators, police and secret police officials, prosecutors, and soldiers. At the time of the assaults, most of the victims were in the custody of authorities or were market traders who came across guards and other officials as they traveled to earn their livelihood.

    Interviewees told us that when a guard or police officer “picks” a woman, she has no choice but to comply with any demands he makes, whether for sex, money, or other favors. Women in custody have little choice should they attempt to refuse or complain afterward, and risk sexual violence, longer periods in detention, beatings, forced labor, or increased scrutiny while conducting market activities.

    Women not in custody risk losing their main source of income and jeopardizing their family’s survival, confiscation of goods and money, and increased scrutiny or punishment, including being sent to labor training facilities (rodong danryeondae) or ordinary-crimes prison camps (kyohwaso, literally reform through labor centers) for being involved in market activities. Other negative impacts include possibly losing access to prime trading locations, being fired or overlooked for jobs, being deprived of means of transportation or business opportunities, being deemed politically disloyal, being relocated to a remote area, and facing more physical or sexual violence.

    The North Koreans we spoke with told us that unwanted sexual contact and violence is so common that it has come to be accepted as part of ordinary life: sexual abuse by officials, and the impunity they enjoy, is linked to larger patterns of sexual abuse and impunity in the country. The precise number of women and girls who experience sexual violence in North Korea, however, is unknown. Survivors rarely report cases, and the North Korean government rarely publishes data on any aspect of life in the country.

    Our research, of necessity conducted among North Koreans who fled, does not provide a generalized sample from which to draw definitive conclusions about the prevalence of sexual abuse by officials. The diversity in age, geographic location, social class, and personal backgrounds of the survivors, combined with many consistencies in how they described their experiences, however, suggest that the patterns of sexual violence identified here are common across North Korea. Our findings also mirror those of other inquiries that have tried to discern the situation in this sealed-off authoritarian country.

    A 2014 United Nations Commission of Inquiry (UN COI) on human rights in the Democratic People’s Republic of Korea (DPRK) concluded that systematic, widespread, and gross human rights violations committed by the North Korean government constituted crimes against humanity. These included forced abortion, rape, and other sexual violence, as well as murder, imprisonment, enslavement, and torture on North Koreans in prison or detention. The UN COI stated that witnesses revealed that while “domestic violence is rife within DPRK society … violence against women is not limited to the home, and that it is common to see women being beaten and sexually assaulted in public.”

    The Korea Institute for National Unification (KINU), a South Korean government think tank that specializes in research on North Korea, conducted a survey with 1,125 North Koreans (31.29 percent men and 68.71 percent women) who re-settled in South Korea between 2010 and 2014. The survey found that 37.7 percent of the respondents said sexual harassment and rape of inmates at detention facilities was “common,” including 15.9 percent that considered it “very common.” Thirty-three women said they were raped at detention and prison facilities, 51 said they witnessed rapes in such facilities, and 25 said they heard of such cases. The assailants identified by the respondents were police agents–45.6 percent; guards–17.7 percent; secret police (bowiseong) agents –13.9 percent; and fellow detainees–1.3 percent. The 2014 KINU survey found 48.6 percent of the respondents said that rape and sexual harassment against women in North Korea was “common.”

    The North Koreans we spoke with stressed that women are socialized to feel powerless to demand accountability for sexual abuse and violence, and to feel ashamed when they are victims of abuse. They said the lack of rule of law and corresponding support systems for survivors leads most victims to remain silent–not seek justice and often not even talk about their experiences.

    While most of our interviewees left North Korea between2011 and 2016, and many of the abuses date from a year or more before their departure, all available evidence suggests that the abuses and near-total impunity enjoyed by perpetrators continue to the present.

    In July 2017, the North Korean government told the UN committee that monitors the implementation of the Convention on the Elimination of Discrimination Against Women (CEDAW) that just nine people in all of North Korea were convicted of rape in 2008, seven in 2011, and five in 2015. The government said that the numbers of male perpetrators convicted for the crime of forcing a woman who is his subordinate to have sexual intercourse was five in 2008, six in 2011, and three in 2015. While North Korean officials seem to think such ridiculously low numbers show the country to be a violence-free paradise, the numbers are a powerful indictment of their utter failure to address sexual violence in the country.

    Sexual Abuse in Prisons and Detention Facilities

    Human Rights Watch interviewed eight former detainees or prisoners who said they experienced a combination of verbal and sexual violence, harsh questioning, and humiliating treatment by investigators, detention facility personnel, or prison guards that belong to the police or the secret police (bowiseong).

    Six interviewees had experienced sexual, verbal, and physical abuse in pre-trial detention and interrogation facilities (kuryujang)–jails designed to hold detainees during their initial interrogations, run by the MSS or the police. They said secret police or police agents in charge of their personal interrogation touched their faces and their bodies, including their breasts and hips, either through their clothes or by putting their hands inside their clothes.

    Human Rights Watch also documented cases of two women who were sexually abused at a temporary holding facility (jipkyulso) while detainees were being transferred from interrogation facilities (kuryujang) to detention facilities in the detainees’ home districts.

    Sexual Abuse of Women Engaged in Trade

    Human Rights Watch interviewed four women traders who experienced sexual violence, including rape, assault, and sexual harassment, as well as verbal abuse and intimidation, by market gate-keeper officials. We also interviewed 17 women who were sexually abused or experienced unwanted sexual advances by police or other officials as they traveled for their work as traders. Although seeking income outside the command economy was illegal, women started working as traders during the mass famine of the 1990s as survival imperatives led many to ignore the strictures of North Korea’s command economy. Since many married women were not obliged to attend a government-established workplace, they became traders and soon the main breadwinners for their families. But pursuing income in public exposed them to violence.

    Traders and former government officials told us that in North Korea traders are often compelled to pay bribes to officials and market regulators, but for women the “bribes” often include sexual abuse and violence, including rape. Perpetrators of abuses against women traders include high-ranking party officials, managers at state-owned enterprises, and gate-keeper officials at the markets and on roads and check-points, such as police, bowiseong agents, prosecutors, soldiers, and railroad inspectors on trains.

    Women who had worked as traders described unwanted physical contact that included indiscriminately touching their bodies, grabbing their breasts and hips, trying to touch them underneath their skirts or pants, poking their cheeks, pulling their hair, or holding their bodies in their arms. The physical harassment was often accompanied by verbal abuse and intimidation. Women also said it was common for women to try to help protect each other by sharing information about such things, such as which house to avoid because it is rumored that the owner is a rapist or a child molester, which roads not to walk on alone at night, or which local high-ranking official most recently sexually preyed upon women.

    Our research confirms a trend already identified in the UN COI report:

    Officials are not only increasingly engaging in corruption in order to support their low or non-existent salaries, they are also exacting penalties and punishment in the form of sexual abuse and violence as there is no fear of punishment. As more women assume the responsibility for feeding their families due to the dire economic and food situation, more women are traversing through and lingering in public spaces, selling and transporting their goods.

    The UN COI further found “the male dominated state, agents who police the marketplace, inspectors on trains, and soldiers are increasingly committing acts of sexual assault on women in public spaces” and “received reports of train guards frisking women and abusing young girls onboard.” This was described as “the male dominated state preying on the increasingly female-dominated market.”

    Almost all of the women interviewed by Human Rights Watch with trading experience said the only way not to fall prey to extortion or sexual harassment while conducting market activities was to give up hopes of expanding one’s business and barely scrape by, be born to a powerful father with money and connections, marry a man with power, or become close to one.

    Lack of Remedies

    Only one of the survivors of sexual violence Human Rights Watch interviewed for this report said she had tried to report the sexual assault. The other women said they did not report it because they did not trust the police and did not believe police would be willing to take action. The women said the police do not consider sexual violence a serious crime and that it is almost inconceivable to even consider going to the police to report sexual abuse because of the possible repercussions. Family members or close friends who knew about their experience also cautioned women against going to the authorities.

    Eight former government officials, including a former police officer, told Human Rights Watch that cases of sexual abuse or assault are reported to police only when there are witnesses and, even then, the reports invariably are made by third parties and not by the women themselves. Only seven of the North Korean women and men interviewed by Human Rights Watch were aware of cases in which police had investigated sexual violence and in all such cases the victims had been severely injured or killed.

    All of the North Koreans who spoke to Human Rights Watch said the North Korean government does not provide any type of psycho-social support services for survivors of sexual violence and their families. To make matters worse, they said, the use of psychological or psychiatric services itself is highly stigmatized.

    Two former North Korean doctors and a nurse who left after 2010 said there are no protocols for medical treatment and examination of victims of sexual violence to provide therapeutic care or secure medical evidence. They said there are no training programs for medical practitioners on sexual assault and said they never saw a rape victim go to the hospital to receive treatment.

    Discrimination Against Women

    Sex discrimination and subordination of women are pervasive in North Korean. Everyone in North Korea is subjected to a socio-political classification system, known as songbun, that grouped people from its creation into “loyal,” “wavering,” or “hostile” classes. But a woman’s classification also depends, in critical respects, on that of her male relatives, specifically her father and her father’s male relations and, upon marriage, that of her husband and his male relations. A woman’s position in society is lower than a man’s, and her reputation depends largely on maintaining an image of “sexual purity” and obeying the men in her family.

    The government is dominated by men. According to statistics provided by the DPRK government to the UN, as of 2016 women made up just 20.2 percent of the deputies selected, 16.1 percent of divisional directors in government bodies, 11.9 percent of judges and lawyers, 4.9 percent of diplomats, and 16.5 per cent of the officials in the Ministry of Foreign Affairs.

    On paper, the DPRK says that it is committed to gender equality and women and girl’s rights. The Criminal Code criminalizes rape of women, trafficking in persons, having sexual relations with women in a subordinate position, and child sexual abuse. The 2010 Law on the Protection and Promotion of the Rights of Women bans domestic violence. North Korea has also ratified five international human rights treaties, including ones that address women and girl’s rights and equality, such as the Convention on the Rights of the Child (CRC) and CEDAW.

    During a meeting of a North Korean delegation with the CEDAW Committee, which reviewed North Korean compliance between 2002 and 2015, government officials argued all of the elements of CEDAW had been included in DPRK’s domestic laws. However, under questioning by the committee, the officials were unable to provide the definition of “discrimination against women” employed by the DPRK.

    Park Kwang Ho, Councilor of the Central Court in the DPRK, stated that if a woman in a subordinate position was forced to engage in sexual relations for fear of losing her job or in exchange for preferential treatment, it was her choice as to whether or not she complied. Therefore, he argued, in such a situation the punishment for the perpetrator should be lighter. He later amended his statement to say that if she did not consent to having sexual relations, and was forced to do so, the perpetrator was committing rape and would be punished accordingly.

    #abus_sexuels #violence_sexuelle #viols #Corée_du_nord #femmes #rapport

  • crFRST.io — Crypto trading platform

    FRST.io visualizationI got the chance to interview Karl Muth, CEO of FRST.io. They make enterprise grade, trading-desk-ready crypto software. Using their software, a trader can track large and subtle movements of crypto into various wallets and exchanges to get insight into which way the markets are moving. You can also tune your algorithms with their expansive data sets, which include annotated information back to block 1.Karl holds J.D. and M.B.A. degrees, the latter with a concentration in economics from the University of Chicago, as well an M.Phil. and Ph.D. degrees from the London School of Economics. The founders of FRST brought him in as CEO earlier this year; prior to this, he was CEO of Chicago-based search engine startup Haystack, whose technology helps users find content on (...)

    #bitcoin #crypto-trading #crypto-trading-startup #crypto-trading-platform #cryptocurrency

  • A celebration to remove the slave trader #Antonio_López from the square

    Amid a festive atmosphere, with entertainment from the Comediants company, music and circus acts, the sculpture of Antonio López, first Marquis of Comillas, 19th century industrialist and slave trader, is to be removed from the square that bears his name. Two information pedestals will also be inaugurated for the public to discover the history of the square and the figure.

    #décolonisation #colonialisme #toponymie #monuments #espace_public #mémoire #esclavage #esclavagisme #Barcelone #Espagne

  • How Email Open Tracking Quietly Took Over the Web

    “I just came across this email,” began the message, a long overdue reply. But I knew the sender was lying. He’d opened my email nearly six months ago. On a Mac. In Palo Alto. At night. I knew this because I was running the email tracking service Streak, which notified me as soon as my message had been opened. It told me where, when, and on what kind of device it was read. With Streak enabled, I felt like an inside trader whenever I glanced at my inbox, privy to details that gave me maybe a (...)

    #Apple #Google #Microsoft #Gmail #algorithme #publicité #profiling


    • The tech is pretty simple. Tracking clients embed a line of code in the body of an email—usually in a 1x1 pixel image, so tiny it’s invisible, but also in elements like hyperlinks and custom fonts. When a recipient opens the email, the tracking client recognizes that pixel has been downloaded, as well as where and on what device. Newsletter services, marketers, and advertisers have used the technique for years, to collect data about their open rates; major tech companies like Facebook and Twitter followed suit in their ongoing quest to profile and predict our behavior online.


      When Facebook sends you an email notifying you about new activity on your account, “it opens an app in background, and now Facebook knows where you are, the device you’re using, the last picture you’ve taken—they get everything.”

      Both Amazon and Facebook “deeplink all of the clickable links within the email to trigger actions on their app running on your device,” Seroussi says. “Depending on permissions set by the user, Facebook will have access to almost everything from Camera Roll, location, and many other logs that are hidden. But even if a user has disabled location permission on his device, email tracking will bypass this restriction and still provide Facebook with the user’s location.”


      Research from October [2017] looked at emails from newsletter and mailing list services from the 14,000 most popular websites on the web, and found that 85 percent contained trackers—and 30 percent leak your email addresses to outside corporations, without your consent.


      #tracking #e-mail_tracking #web_tracking

  • Chinese ‘mafia boss’ turns to timber in Namibia - Oxpeckers

    Evidence shows Xuecheng Hou and other timber traders are taking advantage of a legal loophole that allows rural Namibians to harvest slow-growing species such as African rosewood, mukula and bloodwood trees for their own use.

    They harvest most of the logs in south-eastern Angola, Zambia and the Democratic Republic of the Congo (DRC), countries that have banned the export of raw logs, and then transport the timber by truck to Walvis Bay harbour in Namibia.

    Using Namibia as their backdoor, they are exporting raw logs from the region at a rate of thousands of trees every month.

    Currently, an estimated 250-300 containers of raw timber are leaving Walvis Bay for China every month, representing a region-wide decimation of a resource valued for its medicinal and nutritional properties. At around US$35,000 to $40,000 per container, this illegal trade is worth between $8.75-million and $16-million per month.

    Smuggling route

    The wood-smuggling route is the same as that followed by the illicit trade in rhino horn, ivory and pangolin scales and skins, among others. Containers of illicit timber are often used to hide wildlife contraband, as a recent bust of one such trader with three tons of pangolin scale hidden in a container packed with wood from the DRC showed.

    #bois #bois_précieux #contrebande #extinction #Chine #Namibie

  • Untangling where your hair extensions really come from - BBC News

    “All over Asia long-haired women will save the hair that comes out when they comb or wash it and once they’ve got a few years’ worth they’ll sell it to the pedlars who go around these neighbourhoods calling out for hair,” says Tarlo. She pulls out of a bag of her own hair - it’s a dusty mound of comb-waste collected over three years and worth about 80p ($1), she says.
    LISTEN: Emma Tarlo speaks to BBC Radio 4’s Woman’s Hour about the secret life of hair
    All this hair gets amassed, passed from trader to trader, until it ends up in hair-untangling workshops in parts of Bangladesh, India and more recently Myanmar - countries where wages are low and people need work.
    Tarlo visited workshops and homes in Myanmar and India, where she saw dozens of women sitting on the floor untangling other people’s hairballs and then sorting them into bunches based on their length. “It’s painstaking work, and very labour intensive - 1.5kg (3.3lb) of hair takes around 80 hours of labour to untangle” she says.

  • Wall Street’s Next Frontier Is Hacking Into Emotions of Traders

    Startups wielding sensors and algorithms promise a new era of surveillance. The trader was in deep trouble. A millennial who had only recently been allowed to set foot on a Wall Street floor, he made bad bets, and in a panic to recoup his losses, he’d blown through risk limits, losing $4.9 million in a single afternoon. It wasn’t a career-ending day. The trader was taking part in a simulation run by Andrew Lo, an MIT finance professor. The goal : find out if top performers can be identified (...)

    #algorithme #biométrie #surveillance #surveillance #Bank_of_America #JPMorgan_Chase

  • Shippers get the news: Hanjin finally reveals where its ships are - The Loadstar

    (localisation, mais sans carte…)

    Unloading operations have begun on some Hanjin vessels after the line finally began to update shippers and forwarders on where its vessels actually are.

    A fleet update issued by the carrier this morning shows the vast majority of its vessels still “waiting in open sea” for instructions from headquarters.

    So far six vessels are confirmed to have been arrested – the Hanjin Baltimore at Panama, with the Panama Canal “impassable” to the line; Hanjin Vienna in Vancouver; Hanjin California in Sydney; Hanjin Rome, as widely reported, in Singapore; and Hanjin Rotterdam in Yantian; and Hanjin Sooho in Shanghai; while the Hanjin Montevideo has been arrested by its bunker supplier in Long Beach, California.

    Another seven vessels are at port under embargo and three more – Sky Pride, Sky Love and Pacita – have been returned to their owners.

    Ten vessels are waiting off the coast of China and two off Japan; a further 12 are waiting off South Korea, two of which – Hanjin Chongqing and Asian Trader – have now run out of fuel and are waiting for bunker supplies. Another nine vessels are underway to Pusan, where they won’t run the risk of arrest.

    The Hanjin Europe is under embargo in Hamburg, with Hanjin Harmony waiting in the North Sea, while five vessels wait in the Mediterranean. Two of the latter were refused entry to the Suez Canal and now face circumventing the Cape of Good Hope on their journey to Asia.

    There are nine vessels waiting in the waters of South-east Asia, the Indian Ocean and around Australia, and a further three in the Arabian Gulf.

    In the US, Hanjin Greece began unloading at a Long Beach terminal, while five vessels wait off the coast, with reports that one, the Hanjin Gdynia, will dock this week.

  • Georgia Trader Pleads Guilty To Largest Known Computer Hacking And Trading Scheme

    Earlier today, Leonid Momotok, of Suwanee, Georgia, pleaded guilty to conspiracy to commit wire fraud for his role in an international scheme to hack into three business newswires and steal yet-to-be published press releases containing non-public financial information that was then used to make trades that generated approximately $30 million in illegal profits.

  • Strikes cripple French oil refineries, disrupt shipping | Reuters

    Le point de vue des pétroliers

    Strikes by French oil sector workers protesting proposed labour reforms spread to all the country’s refineries on Tuesday, sapping petrol stations dry and creating delays for tankers at major ports.
    The impact on the oil price has been limited so far: though the strikes have curbed demand from refineries, Brent crude was up nearly 1 percent on Tuesday at $48.73 a barrel on expectations that data would show a U.S. supply overhang was shrinking.

    But with just a couple of weeks to go before the kick-off of the Euro 2016 football tournament in France, which is expected to attract more than a million foreign visitors, the government is under pressure to act quickly to free up flows of crude oil and refined products.
    Crude oil traders said there were no signs yet of distress in the market, of cargoes being diverted to other ports, or of owners of physical barrels being forced to sell at steep discounts just to get rid of their oil.

    Still, traders said it was probably just a matter of time before charges on ships for late arrival at destination ports, or demurrage, start to rise and owners of physical cargoes may have to fight harder to find buyers for their oil.

    The flip-side for the oil market at least is that with French refineries either shut or running at minimum levels, an overhang of excess refined products in Europe is likely to clear up more quickly.

    The combination of upstream production outages and French strikes are going ... to clean up a bit of the overhang in both crude and products. But it will depend on how long either last,” one trader said.


  • China sets its sights on the Northwest Passage as a potential trade boon | World news | The Guardian


    China is looking to exploit the Northwest Passage, the fabled shortcut from the Pacific to the Atlantic, according to state-run media, with the world’s biggest trader in goods publishing a shipping guide to the route.

    The seaway north of Canada, which could offer a quicker journey from China to the US east coast than via the Panama Canal or Cape Horn, was sought by European explorers for centuries, including by the doomed Franklin expedition of 1845.

    #arctique #transport #transport_maritime #route_arctique

  • An isochronic map shows where to go, how long it took to get there – and what changes were on the way

    In 1914 John G. Bartholomew, the scion of an Edinburgh mapmaking family and cartographer royal to King George V, published “An Atlas of Economic Geography”. It was a book intended for schoolboys and contained everything a thrusting young entrepreneur, imperialist, trader or traveller could need.It also contained the map you see here, which told you how long it would take to get there from London: between 20 and 30 days.


    #map (j’étais persuadé de l’avoir déjà vu passer, mais pas moyen de remettre la main dessus)

  • L’auteur de 6 et 5 serait un #trader… : Rumors on me | Sniper In Mahwah http://sniperinmahwah.wordpress.com/2014/06/09/rumors-on-me

    One month ago I have had a Twitter discussion with a trader working along with a famous American whistleblower whose name starts with B and ends with D, and at some point I received this PM tweet: “are u purely doing studies or trading as well? i’ve heard rumors of you”. What? Rumors on me in Wall Street???

    So, I confirm that I am not a trader (I have heard that becoming a HFT trader would need $2-4 millions and I don’t have the money), I am just an anthropologist and I discovered markets two years ago only.

  • For the Love of Money - NYTimes.com

    After graduation, I got a job at Bank of America, (...). At the end of my first year I was thrilled to receive a $40,000 bonus. For the first time in my life, I didn’t have to check my balance before I withdrew money. But a week later, a trader who was only four years my senior got hired away by C.S.F.B. for $900,000. After my initial envious shock — his haul was 22 times the size of my bonus — I grew excited at how much money was available.

    Over the next few years I worked like a maniac and began to move up the Wall Street ladder. I became a bond and credit default swap trader, one of the more lucrative roles in the business. Just four years after I started at Bank of America, Citibank offered me a “1.75 by 2” which means $1.75 million per year for two years, and I used it to get a promotion. I started dating a pretty blonde and rented a loft apartment on Bond Street for $6,000 a month.

    I felt so important. At 25, I could go to any restaurant in Manhattan — Per Se, Le Bernardin — just by picking up the phone and calling one of my brokers, who ingratiate themselves to traders by entertaining with unlimited expense accounts. I could be second row at the Knicks-Lakers game just by hinting to a broker I might be interested in going. The satisfaction wasn’t just about the money. It was about the power. Because of how smart and successful I was, it was someone else’s job to make me happy.

    Still, I was nagged by envy. On a trading desk everyone sits together, from interns to managing directors. When the guy next to you makes $10 million, $1 million or $2 million doesn’t look so sweet.

    But in the end, it was actually my absurdly wealthy bosses who helped me see the limitations of unlimited wealth. I was in a meeting with one of them, and a few other traders, and they were talking about the new hedge-fund regulations. Most everyone on Wall Street thought they were a bad idea. “But isn’t it better for the system as a whole?” I asked. The room went quiet, and my boss shot me a withering look. I remember his saying, “I don’t have the brain capacity to think about the system as a whole. All I’m concerned with is how this affects our company.”

    I felt as if I’d been punched in the gut. He was afraid of losing money, despite all that he had.

    From that moment on, I started to see Wall Street with new eyes. I noticed the vitriol that traders directed at the government for limiting bonuses after the crash. I heard the fury in their voices at the mention of higher taxes. These traders despised anything or anyone that threatened their bonuses. Ever see what a drug addict is like when he’s used up his junk? He’ll do anything — walk 20 miles in the snow, rob a grandma — to get a fix. Wall Street was like that. In the months before bonuses were handed out, the trading floor started to feel like a neighborhood in “The Wire” when the heroin runs out.

    #argent #folie_criminelle