May 22, 2009
- The 1998 Russian Financial Crisis. Part 2: The Effects
The Effects
On August 17, 1998, Russia was forced by an escalating payments crisis to devalue the Ruble dramatically, declared its intention to restructure all official domestic currency debt obligations by the end of 1999 and imposed a 90 day moratorium on the repayment of private external debt, to aid its commercial banks suffering [...]
August 10, 2008
- What Are Stock Options (?) And How To Explain Stock Options!
There’s a whole batch of underlying assets one can buy options for.
You can buy options on oil, interest rates, gold, all kinds of commodities and even airplanes. The list is endless! The term “option” refers to a type of derivative in which category it falls. An option is a derivative because it derives from something [...]
