WASHINGTON Jared Cook Jersey , Jan. 9 (Xinhua) -- JP Morgan Chase CEO Jamie Dimon softened his stance on bitcoin and regretted calling the digital currency a fraud.
In an interview with Fox Business on Tuesday, Dimon said he regretted making his earlier comments on the cryptocurrency.
The head of the biggest U.S. bank called bitcoin "a fraud" last September and said the digital currency "won't end well."
He also said last year that he would not allow JP Morgan traders to trade bitcoin, noting that "it's against our rules and they are stupid."
Bitcoin was trading around 4,200 U.S. dollars when Dimon made the comments. Since then, the price of the digital currency has skyrocketed. Bitcoin traded above 14 Derek Carr Jersey ,000 dollars on Tuesday.
Dimon said he personally is "not interested in the subject at all." But he said blockchain, the open-ledger technology that underpins bitcoins, is real.
Chinese State Councilor Yang Jiechi (R) meets with Mark Sedwill, national security advisor to the British prime minister, in Beijing Nick Nelson Jersey , capital of China, Jan. 11, 2018. (XinhuaDing Haitao)
BEIJING, Jan. 11 (Xinhua) -- China and Britain should deepen their pragmatic cooperation under the Belt and Road Initiative to enrich the content of the "golden era" in bilateral relations, State Councilor Yang Jiechi said Thursday.
During a meeting here with Mark Sedwill Arden Key Jersey , national security advisor to the British prime minister, Yang said the comprehensive strategic partnership between China and Britain had stable development last year.
Strengthening cooperation between China and Britain not only serves the interests of both countries, but benefits regional and global peace and development, Yang said.
He called on both countries to implement the consensus reached by the two countries' leaders, maintain close high-level exchanges and consolidate political mutual trust.
For his part Brandon Parker Jersey , Sedwill said both Britain and China were at a critical period of national development, adding that Britain stands ready to deepen cooperation with China.
UNITED NATIONS, April 29 (Xinhua) -- UN political chief said Tuesday that the developments in Ukraine "should alarm us all," calling for concerted and expeditious efforts towards putting the crisis-torn country on the path to stability.
In a briefing to the Security Council at a meeting on Ukraine, Under Secretary-General for Political Affairs Jeffrey Feltman noted that the situation continues to deteriorate in Eastern and Southern Ukraine Johnny Townsend Jersey , including the seizure of European observers, the takeover of government buildings by pro-Russian protesters, and the shooting of the mayor of a major eastern city.
"These developments should alarm us all," he warned.
Furthermore, he said "the implementation of the Geneva Statement has stalled as parties have sought to give different interpretations of what has been agreed upon P.J. Hall Jersey ," adding "unhelpful rhetoric" on the part of many has further escalated the already high tensions.
Feltman said he was asked to return to Ukraine next week by the secretary-general, in the spirit of "helping bring about a return to diplomacy and a peaceful resolution."
"We must find a way back to the spirit of compromise exhibited on April 17 in Geneva. A diplomatic and political solution to this crisis is both imperative and long overdue," he said.
Tensions continue to rise in eastern Ukraine, where pro-Russia militants are engaged in conflicts with government troops and have detained military observers from the Organization for Security and Cooperation in Europe.
Pro-Moscow demonstrators have staged protests in eastern Ukraine since early April, demanding a referendum on autonomy and closer ties with Russia.
Both the United States and the European Union slapped fresh sanctions on more Russian officials and firms Monday Kolton Miller Jersey , and threatened to target its key sectors of economy in the event of further destabilizing moves in eastern Ukraine.
Russia has rejected suggestions that it is orchestrating events in eastern Ukraine, saying it has no plan to invade that vast region.
You can describe fraud as being similar to a serious disease. Unless it affects you in some way directly, you give the subject very little thought. Yet both problems are happening all around you, and as with the case of your health, a little prevention can go a long way.
Complacency is the biggest contributor to the problem of fraud risk. These days most businesses will have accounting controls over its finances that are intended to prevent problems occurring. These will typically be passwords for computers Wholesale Oakland Raiders Jerseys , reconciliations of various numerical processes and supervision of financial and other business activities.
However, these accounting controls themselves will not prevent fraud. They are essential and will reduce the risk of fraud somewhat, but as a sole fraud prevention tool they are inadequate. The cunning criminal can get round any accounting control if not monitored, by searching for its inevitable weaknesses. But consider this – he or she is more likely to look for such a chink if the perception is that nobody cares about the problem of fraud. Should a person prepared to comit fraud believe his only enemy is a feeble line of accountancy controls then he will focus his efforts on finding a way to circumvent them. This happens by producing forged paperwork, knowledge that errors are never checked or colluding with other like minded dishonest staff.
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