What is Forex? Forex Trading is the largest financial market in the world, with more than $ 3 trillion traded daily. This market is based on trading in global currencies. How does the Forex market trade?

Tuesday, March 19, 2019

The most expensive car specifications in the Bugatti Divo 2019

The new Bugatti Divo, the world's most expensive car in 2019, recorded a 100% increase in sales before its launch on the market.

The price of the new car, Bugatti Defoe, has reached about $ 6 million, or 21 million and 750,000 Saudi Riyals, the 40 cars sold in just one hour in California.

The new Bugatti Divo design, in a new stylish and revolutionary style, surpasses the design of the Chiron, previously introduced by the company, and even lighter than 35 kg.

The name of the Cardo Defoe is awarded to the famous French rider Alberto Defoe, the leader of racing cars who has won many titles driving the Bugatti sports cars.
The new Defo is powered by a powerful W16 engine with a speed of 386 km / h.
New Bugatti car - The most expensive car in the world - Bugatti Divo - Bugatti Divo

The most expensive car specifications in the Bugatti Divo 2019

History of the currency market

Some scholars say that the currency market dates back to the Babylonian period in terms of fundamentals and principles. At that time, traders traded their goods for other things. Due to the lack of a central location and government participation, the market expanded significantly, contributing to the economic crisis in the United States in the 1920s and 1930s.

In these years (1929 in particular), and despite the passage of these long years (about 300 years), the exchange markets do not mean much for some individuals in the world.

Scholarships are available in all countries of the world and each scholarship has its own specialization and field. In addition to the currency market, there are other types of exchanges such as: metal exchanges, COMEX, NEMEX, energy exchanges, capital markets, debt markets, bonds, commodity markets such as orange juice, pigs, eggs, cereals, sugar and coffee.
There are two types of exchanges: Exchange Exchange Exchange Exchange on Networks [5]:

Forex markets for Exchange On The Counter (OTC) markets are markets for the sale and purchase of goods without a specific central location, but transactions between companies, banks and individuals across networks and computers (via telephone and server). The Internet to the computer is simultaneously one of the hundreds of banks around the world. That's why the currency market is huge. Hundreds of millions of dollars are sold and bought every few seconds. Currency exchange is also characterized by various indicators, technical analysis, news analysis and quick access to profits.

Although some analysts are divided, some only look at their risks and some in their advantages, but the currency market has found its way quickly, as did other channels of investment in the financial and metal markets, real estate, futures and others.

History of the currency market

Wednesday, March 13, 2019

Do you know what is vehicle insurance?

Do you know what is vehicle insurance?

What is auto insurance?

The insurance is covered by a contract or agreement between two parties. The first party is the insurance company and the second party is the owner of the vehicle. Through this contract, the insurance company is obliged to compensate the owner of the car for the damage and damage to his vehicle or the cars that cause damage to it. It is agreed upon contract.

Types of insurance (auto insurance)
1- Insurance against third parties
2. Comprehensive insurance (vehicle insurance)

What is third-party insurance?

Through this insurance, the insurance company is obliged to repair the damage caused by the car insured against third parties for other cars. The repairs or compensation does not include the car with third party insurance or damages. This insurance is compulsory for all cars to protect the rights of owners of damaged cars.
Advantages of third party insurance:
1 - Insurance against third parties to pay the damages caused by the car insured for other cars that was the accident, and this prevents the owner of the car from paying any amounts and make him feel a sense of reassurance towards cars that cause damage.
2. In respect of the annual amount payable by the owner of the car to the insurance company in case of third party insurance, it is reasonably reasonable and does not constitute a burden on him. (auto insurance)

The disadvantages of third party insurance:
The most important negative of the insurance system against third parties is the insurance companies not afford the cost of damage to the insured car, but only on the other damaged cars, which means that the owner of the car must fit the holiday that happened to his car in case he is the culprit on his personal account. (vehicle  insurance)

What is comprehensive insurance?

Comprehensive insurance requires the insurance company to repair the damage and damage caused by the car insured comprehensive auto insurance, in addition to repair all the damage of the car insured, that is repair the damage of all cars covered in the accident, and this auto insurance is optional for all cars and not compulsory insurance against others. (auto insurance)

Pros of comprehensive insurance:
1. Comprehensive insurance alongside car repair provides car insurance in the event of theft, vandalism, fire and several other things that may happen to the car at any time.
2. If the insured car causes the accident, the owner will feel reassured that the insurance will ensure repairs and will avoid paying large sums to repair his car. (vehicle  insurance)

Cons of comprehensive insurance:
1 - The disadvantages of comprehensive insurance is that it applies to the date of manufacture and age of the car, and does not subject the comprehensive insurance law on the old cars, because it may be quickly disrupted unlike the new car.
2 - The second negative of comprehensive insurance is the high annual payments of insurance companies, which is a burden on owners of cars wishing to this type of insurance, especially if they bought their cars through banks and monthly installments. (auto insurance).

what is car insurance?