Google, Yahoo's Clarification Regd Foreign Exchange Notice

   by Ninad Avasarein News / Business News    (submitted 2012-02-21)

The Government Of India is investigating about Foreign Exchange Law violation by internet giants Yahoo and Google. The Government have sent notices to the Indian units of Google and Yahoo that they are being investigated for forex violations citing a senior official at a division of the finance ministry, which monitors foreign exchange transactions and money laundering activities. But finance ministry declined to confirm whether notices have been sent to Google and Yahoo!. Google also denied that it has received any notice regarding forex violation from finance ministry of India. Google said that their present structure is compliant with the tax rules with all countries in which they do operate. According to the Wall Street Journal finance ministry has doubts over Google Inc. being inconsistent on foreign-exchange transactions and it may have indulged in to transfer funds to its overseas divisions, including regions like Ireland. But there are no clear details available about it at the moment.

Google, Facebook and Yahoo are facing heat from Indian Government and Apex Court regarding offensive content on their social network sites. Facebook India claimed that they already have removed offensive content from their site and they do not have access to facebook.com which is being hosted on a server which is located in U.S.A thereby they can not monitor content over it while Yahoo clarified that they do not any social networking platform and feel that they are sent notice by mistake. Google removed some content from Indian web sites earlier this month after a court directive warning.

In another news Google already has started terminating account of youngsters whose age are below 13. kids below 13 are being welcomed with message "Google Account Has Been Disabled. You will not be able to sign into this account or access any Google product or services. You do not meet age requirement for a Google account." when they try to access their account. Google has made changes in term's of email service in January 2012. Google said that age restriction are in place all countries according to new policy. The company declined to comment about when it had actually started disabling account of kids below age of 13, they also denied to comment about how many accounts they have canceled by time. Google claimed that user age information will help them to provide age appropriate setting features which can ensure online safety of kids.

About the Author

Author is a Web Developer and Marketing expert. He is owner of Business And Investing website which showcase many useful financial and business product which can help you earn money through various business channels.

You would also like to take a look at Mobile Money Machines one of the effective mobile marketing tool for affiliates and online business owners. Mobile Marketing is a feature.

Ninad Avasare

RSS FeedReport ArticlePublish ArticlePrint ArticleAdd to FavoritesArticle DirectoryAboutFAQContact UsAdvanced SearchPrivacy StatementDisclaimer

GoArticles.com © 2012, All Rights Reserved.

View the Original article

Influence Of Interest Rate On Exchange Rates

ByAbey Francis

Traditional macroeconomic exchange-rate models are based on fundamental analyses. In these models, the basic force that drives currency's rate's comes from the balance between supply and demand for example if the demand for the U.S. dollar exceeds its supply at the current exchange-rate against the euro the price of US dollar in terms of the euro will rise. Conversely, if supply exceeds demand, the price will fall. Demand and supply factors that govern currency's rate's become much more complex than that because people don't use currencies just to purchase foreign goods and services, but also for activities like cross-border investment and speculation. This opens up many other variables that must be considered when addressing exchange-rate movements, as underscored in the Federal Reserve Bank of New York's commentary cited previously. One of the most important factors, for example, is how investors ride interest-rate differentials between countries.

We know that interest is the price paid to entice people with funds to save rather than spend, or to invest in long-term assets rather than hold cash. Therefore, interest rates reflect the interaction between the supply of savings and the demand for capital, or between the demand for money and its supply. A key determinant of these interest-rates is inflationary expectations. Global investors broadly desire a real return from their investments, and changes in forecasts over future inflation are consequently reflected in current exchange-rates. "Real return" here refers to the interest rate minus the inflation rate.

Here is an example of how this works: If Australia's interest-rates are higher than Japan's then Japanese investors will for example, want to buy Australian bonds to take advantage of the higher rates and corresponding returns. But to do so they must first sell Japanese yen and buy Australian dollar at the current exchange-rate between the two currencies. Next, Japanese investors are not likely to park their money in Australian bonds indefinitely and, at some point in the future, will want to bring their proceeds home and convert them back to yen. So they will also be interested in having an idea of what the currency rate between the yen and the Australian dollar will be in the future. The expected return for these investors will have to factor in both the interest rate and the expected movement in exchange rate between the two currencies. That is, the demand for yen will depend not only on, the current exchange rate, but also on anticipation of future currency rate movements against the Australian dollar. The Japanese investors' exchange rate predictions will, in turn, be influenced by their estimate of what the inflation rates will be in each country. If inflation in Australia rises above the prevailing interest rates, the Japanese investors will then expect a weakening of the Australian dollar. If Japanese inflation is lower than the prevailing interest-rates then the Japanese yen will become more attractive.

Abey Francis, a full time blogger engaged in the areas of management and technology. Author and Moderator of famous business management blog Management Articles and Business Case Studies

Article Source:http://EzineArticles.com/?expert=Abey_Francis

Did you find this article helpful?00Get Involved0 commentsSuggest a topicArticle ToolsPrint this articleE-mail to a friendEzinePublisherReport this articleCite this articleStay InformedGet notified by email when new articles are added to this category or written by this author.Subscribe to New Article Alerts:

News and Society: Economics
Abey Francis

Email Address:SubscribeEconomics Article FeedFind More ArticlesSearchSimilar ArticlesStock Exchanges and History of Stock ExchangesExchange Rates TodayPrivate Mortgages: Interest Vs YieldDon't Allow Credit Cards to Charge the Current Interest Rate on Purchases You Made BeforeRefinance Rates - Why They Keep RisingCurrency Exchange Rates And Domestic Real Estate ValuesHedging With Interest Rate FuturesHow to Get the Best Refinance or Home Mortgage Loan Rate - Without Selling Your First BornWhat Causes Depreciation Of Currency Rates?Exchange Rate - Costa Rica Colons and DollarsRecent ArticlesHow To Solve The Homeless SituationProgressivism Isn't Progress, VIIIHow Secure Is Your "Secure" Job?A True Comparison Of Increasing Debt Between Bush And Obama AdministrationsHow To Compete With ChinaWould Einstein Think Us Insane?What Will Happen If Greece Defaults?A Cluster of (Minor) ErrorsThe US Recovery Is Producing SurprisesA Sigh Of Relief For The Economic Status Of The USSubmitted On January 04, 2012. Viewed 18 times. Word count: 479.

MLA Style Citation:
Francis, Abey".".4 Jan. 2012EzineArticles.com.26 Jan. 2012 .APA Style Citation:
Francis, A. (2012, January 4). . Retrieved January 26, 2012, from http://ezinearticles.com/?Influence-­Of-­Interest-­Rate-­On-­Exchange-­Rates&id=6794452Chicago Style Citation:
Francis, Abey "." EzineArticles.com. http://ezinearticles.com/?Influence-­Of-­Interest-­Rate-­On-­Exchange-­Rates&id=6794452EzineArticles.com© 2012 EzineArticles.com
All Rights Reserved Worldwide

About UsFAQContact UsMember BenefitsPrivacy PolicyShopSite MapBlogTrainingVideo ArchiveAdvertisingAffiliatesCartoonsAuthorsSubmit ArticlesMembers LoginPremium MembershipExpert AuthorsEndorsementsEditorial GuidelinesTerms of ServicePublishersFollow UsTerms Of ServiceEzines / Email AlertsManage SubscriptionsEzineArticles RSS

View the Original article

Obama, Brewer Have Tense Exchange in Arizona

Congress The latest from Capitol Hill

2012 Election Supreme Court U.S. Senate Pentagon Archives » January 2012 (152)December 2011 (176)November 2011 (168)October 2011 (136)September 2011 (133) August 2011 (151)July 2011 (208)June 2011 (210)May 2011 (291)April 2011 (222)