What is 'Bitcoin'. Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies. There are no physical Bitcoins, only balances associated with public and private keys.
The Minister of Finance predict that the budget deficit would be cut to 3.9% in 2015/2016 and 2.5% in 2016/2017. Despite steady economic growth, the average South Africanâs disposable income is declining as consumersâ battle higher high debt levels and increases to administered prices.
Employees in Latin America received average salary increases of 5.5% in 2014 and can expect to see slightly higher salary increases in 2015 (5.9%).or example, Russia and Ukraine salary budget increases are expected to be 8.0% to 8.2% in 2015. In stark contrast, budget increases in Greece are expected to be just 1.9%.