In my opinion, the structure of the LimeFX bonus program is awesome. I received a welcome deposit bonus and increased my possibilities for trading. After some time, I calculated the amount of money that I was able to save on broker’s commissions after I received XPoints, and came to a conclusion that the profitability of my performance jumped. So it’s good to trade with a broker that understands the needs of a trader. To see the Spread value for each product please refer to the table below that gives you a reference on a price model, however, check the most accurate data on the official LimeFX website or platform.
The process to open an account can be started from links on the company homepage. First, choose the right website for your country of residence. Click on the register link and complete the online application form. LimeFX is an established forex broker company in Australia. Forex and CFDs are leveraged products and can result in losses that exceed your deposits.
- We would recommend trying out the LimeFX demo account trading to get yourself familiar with the broker’s platform and trading products.
- You can contact customer support agents during market hours.
- The broker is also regulated by other international bodies like South Africa, IFSC and ASIC in Australia.
- For beginners, they get an opportunity to learn through the educational programmes put in place.
While LimeFX attempts to offer education, it does not appear genuine, and new traders will find a more comprehensive solution, free of charge, elsewhere. LimeFX requires registration to access most lessons, which is acceptable as long as traders do not have to commit to a minimum deposit for educational resources. limefx scammers To open a premium account, the trader is required to make a minimum initial deposit of $1000. The account is available for desktop and mobile traders and comes with a demo account. The premium account also has access to an online calendar and market reviews with one on one training offered on the platform.
Trade Forex Trading
It is a flexible trading platform that also offers the traders an opportunity with Expert Advisors . Basically, what you find is easy and fast deposit and withdrawal, education, daily analyses, a lot of assets to trade on a swiftly working platform. The spreads, and overnight swap fees are, even on commodities, are lower relative to industry, nothing extra or hidden. Any questions I had, I took up with the customer support, and they have been nothing but a delight.
LimeFX provides investors with mainstream and tradable financial instruments in the global financial markets, including CFDs, indices, commodities, foreign exchange, stocks, ETFs, bonds, etc. This service helps beginners to learn how to trade without risk of losing deposit. And experienced traders can test on demo account new trading ideas also without risking to lose money. LimeFX lists an extensive selection of payment options, but most countries remain limited to bank wires and credit/debit cards. The logos of a series of online payment processors exist on the website, but no further information is available. No country on the payment selection page shows them as a choice.
Once you’ve found your way around trading in the virtual world it’ll be time to sign up for a real money account. And while some may find it disappointing there is only one type of account, we found using it an enjoyable and easy experience. The minimum deposit for a live account is only $100, which is perfect for the beginner.
Although, I appreciate that there are numerous deposit options available, making it convenient for clients from all over the world. Right after joining this broker, checked out video tutorials, which are proposed here. Wanna note that traders should start from the very beginning, even if you have experience in trading.
Our mission has always been to help people make the most informed decisions about how, when, and where to trade and invest. LimeFX Forex broker is a credible company that offers its CFD trading products as a real FX alternative. Professional traders usually prefer direct market access trading that gives them direct access to interbank liquidity providers, but CFD trading can be more suitable for smaller retail trader. LimeFX has an excellent regulatory status that is backed by more than six years of professional experience in the retail Forex trading industry.
For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. Whilst there are many brokers that lack innovation, LimeFX shows an absolutely new way to trade the markets. The company was founded in 2010 and it has grown tremendously since then.
LimeFX offers clients the LimeFX Pro proprietary platform. This platform is web-based, but there are mobile versions available (as you’ll see in the next section, LimeFX is big on mobile trading). Many LimeFX reviews rate educational facilities quite positively.
never saw coffee in the list of…
TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Trading platform used for trading can work in demo account mode. It functions immediately after registration of trading accounts and deposits.
- You see, I am a fan of the Forex market and it is interesting to trade with different brokers.
- This means that your money is separated from the firm’s.
- This is a place where your account and funds will be safe and sound, so no worries with that.
- Develop your trading skills and strategies with our professional trading tools, education resources, and daily markets review.
In addition to all this, LimeFX has several bonuses and promotions that might be interesting for traders. Demo account helps traders study trading and test new trading ideas or strategies. Sometimes I come across new trading strategy on net and test it on demo account. Demo trading allows testing strategy in real environment without any risk to deposit. After demo testing, I make decision about new strategy. LimeFX provides 24/5 customer service via phone, e-mail, and live chat.
Deposit and withdrawal
It would probably include the currencies of all the countries that can trade with LimeFX, such as AUD, USD, EUR, GBP, ZAR, and others. The demo account will only be funded within seven days after registration and it does not expire. Finding a reputable LimeFX review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. At XTB we work hard to enhance your trading experience.
Lastly, XTB provides a forex heatmap that shows all currencies’ changes. Technical indicators, which is about average when compared to other brokers. However, you can https://limefx.vip/ only find limited equity fundamental data, such as the P/E ratio or the debt-to-equity ratio. However, you can’t access financial statements or operational metrics.
The process is quick and effective meaning that the support is excellent. I have started a demo account and I am excited to explore other services the broker has to offer. In the sections below, you will find the most relevant fees of XTB for each asset class.
- I believe that one of the most essential advantages of LimeFX is trading platform.
- Here are the current choices, if you’re considering choosing LimeFX for your broker.
- I liked the trading conditions of the LimeFX broker and therefore I decided to trade here.
- I ensured LimeFX team evaluate market situation professionaly and give high-quality analytics.
The trading process is quite smooth and I don’t have problems with withdrawing funds. I want to say that there are training courses for beginners as well as different trading strategies. Like Bitcoin) So, other brokers do not provide this, so LimeFX is now in the first place for me. I was very impressed by the fact that bonuses can be received not only on a deposit, but also after verification and confirmation of the phone.
However, traders also have the option to practice with a demo trading account. The nice thing about this CFD trading company is that the bonuses are plenty generous especially when you make deposits of $10,000 + since you can get anywhere from 20% – 60% in bonus cash. All in all, there is a lot to offer all kinds of traders. It has a great reputation, an interesting and generous bonus system, great trading software and mobile apps, as well as a wide variety of assets and trading instruments. LimeFX is definitely a broker we would recommend trying, so why not start by signing up for a demo account so you can decide for yourself. LimeFX does publish some financial news content on a daily basis; however, the content is quite brief and fails to provide usable trading signals.
As for trading skills, I’m still in the process of acquiring them. I signed with the broker, traded for two months on a demo account and now I try to work on a real one, trading microlots . You can’t lose a lot, although your gains will be miserable too, but it’s good training and it gives real emotions – the thing I didn’t face on a demo account. This is a very interesting question because LimeFX broker offers a unique bonus system which no other broker offers. In addition, you get $25 in cash for phone number verification, 20% in cash for account verification, and the first trade (up to $500) is compensated at the broker’s expense.
More than three years after the sudden death of Quadriga CEO Gerald Cotten and the revelations that the company was a massive cryptocurrency scam, his widow, Jennifer Robertson, tells her side of the story. The couple was not charged in the Bitfinex hack itself, during which a hacker initiated more than 2,000 unauthorized bitcoin transactions that sent stolen funds to a digital wallet under Lichtenstein’s control. About $71 million in bitcoin — valued today at more than $4.5 billion — was stolen, prosecutors say.
So this means that besides actively trading yourself you can use Bitfinex to lend money to other traders for margin trading. By providing margin trading loans to other traders, you can earn Bitcoin passively. When traders using your Bitcoins for margin trading close their positions, they return your loan plus your commission to your Margin Trading Wallet. Bitfinex offers different wallets for better control of your funds.
The withdrawal and deposit fees depend on which cryptocurrency, and which blockchain the coins are paying gas fees on. The fees can vary with https://forex-review.net/ some being high and some being free for withdrawals. There is also no charge for withdrawing cryptocurrencies to another BitFinex wallet.
Research & tools
Cryptocurrency deposits are usually free unless the trader is depositing less than $1000 worth of crypto. In this case, the trader must pay the fee depending on the crypto he or she is depositing. Also, crypto withdrawals charge a small amount, also depending on the type of crypto. For bank wires, Bitfinex charges a 0.1% deposit and withdrawal fee.
The most popular include BTC, ETH, ADA, SOL, USDT and the exchange’s native utility token UNUS SED LEO . See why BitFinex is one of the most popular cryptocurrency exchanges for professional high-volume traders. The exchange does not have an easy deposit method, and on top of that, the interface is confusing, especially for a beginner. It will take some time to master the platform on your own, which will heighten risks and potential mistakes as you execute your trades. Beginners are advised to trade with a less complicated exchange that provides far more convenient payment options.
After the hack, Bitfinex struggled to recover and many people crossed over to other exchanges. In 2017 Bitfinex was forced to drop all verified US customers due to US laws, same as all other crypto CFD brokers offering margin trading. Therefore people from the US aren’t able anymore to get verified accounts in order to make fiat deposits and withdrawals. Spot trade all of the major cryptos on this full-featured exchange and margin trading platform. Users can trade up to 10x leverage through funding from the peer-to-peer margin funding platform. BitFinex supplies the P2P marketplace which allows users to access their desired amount of funding at the rate and duration of their choice.
Many crypto market participants are calling this a bailout.We disagree. Bear Stearns and Merrill Lynch were bailouts, because taxpayers had no choice as bank suitors were forced to purchase. And the TARP program was a bailout as the government chose to keep bad business models alive.
Once you have verified your email address you will be able to log in to your new BitFinex account. It will prompt you to add 2-factor authentication as an added layer of security. Many features of the exchange are inaccessible until 2FA is enabled. BitFinex has a muddied history and has been the target of multiple successful hacks resulting in the theft of tens of thousands of BTC. The exchange also found itself as part of a 2019 New York Attorney General investigation into the hiding of 850 million dollars of commingled client and corporate funds from investors.
This has to be the worst crypto exchange in existence, no way to sugar coat it. If someone you refer signs up to use BitFinex and holds UNUS SED LEO tokens in their account you are eligible for a percentage of the trading and margin funding fees they incur. The account suspension lasted for weeks, driving clients to file complaints against the exchange. But as a consequence, Bitfinex no longer accepted US dollars and no longer offered services to US traders.
Customer Support and Blocked Accounts
Consumers are increasingly turning to known platforms like Square as on-ramps to crypto. The company reported over $65m in Bitcoin revenue for Q1, a 25% increase from the previous quarter. Users can purchase Bitcoin through Square’s Cash app which is available to anyone in the US.
- In April 2016, another theft took place where 120,000 Bitcoins were stolen.
- This article will review the crypto exchange, the company behind it, and events that sparked controversy around it.
- Users utilising the margin lending tool can offer funding on a wide range of currencies and assets and pick the rate and duration of their choice.
- The founders and the management of iFinex Inc have also linked to the US pegged Stablecoin, Tether.
Though, for the most part, automated trading bots can give you a real edge in the market and help you to make more money than you would by trading on your own. If in doubt, it’s always a great idea to consult with a financial advisor to get more personalized advice. Leverage bots are designed to help traders get more bang for their buck by allowing them to trade with leverage.
Are Cryptocurrency Trading Bots Legal?
In line, its marginally lower charges enabled its more excellent market traction. As opposed to this, Bitfinex’s records of hacking and anomalies have created a dent on its name, and its taker-maker framework competes against Binance’s scheme. Its system is ready for personalization that is highly beneficial for traders for them to organize their preferred tools and instruments. Access to professional charting functions and API are also granted. With its revolutionary wirings and optimum science, it caters to a more comprehensive operation for traders.
At the heart of Bitfinex’s argument is a long-ago token distribution. After the attack in August 2016, when a hacker made away with more than 119,000 Bitcoin, Bitfinex allocated losses of more than 30% to all customer accounts. It then created and credited BFX tokens to customers at a ratio of one for every $1 lost.
Kucoin – The most advanced cryptocurrency exchange to buy and sell Bitcoin, Litecoin, Ethereum, etc. Kucoin Futures Sandbox – The most advanced cryptocurrency exchange to buy and sell Bitcoin, Litecoin, Ethereum, etc. Visit the Canadian Securities Administrators’ website for a list of crypto bitcoin brokers canada asset trading platform decisions in other jurisdictions. “Today’s arrests, and the Department’s largest financial seizure ever, show that cryptocurrency is not a safe haven for criminals,” Monaco said in a statement. Cryptocurrency owners can also lend their funds and gain interest on it.
For example, the trader’s country of residence, access to capital, and the amount of time they are willing to dedicate to trading all play a role. And still, others will require you to pay for hosting fees and/or the software itself. This list wouldn’t be complete without mentioning WunderTrading. This bot has been wowing users with its amazing performance and features since it first launched many years ago. Many customers disagree, particularly given Bitcoin’s appreciation from less than $600 in August 2016 to around $44,700.
Diversity & Inclusion at Bitfinex
For example, this bot allows you to test your strategies with paper trading before you risk any of your real money. In addition to this, Trality also offers a wide range of tutorials and support so that you can learn how to use the platform effectively. This bot offers a wide range of features, including automated crypto trading, backtesting, and more.
Although Binance.US is growing fast and is now considered one of the top crypto exchanges in the United States, it doesn’t measure up to its parent company, Binance. In 2017, Changpeng Zhao (also known as C.Z.) founded Binance. Zhao’s background includes developing high-frequency trading software and working as an executive at another cryptocurrency exchange, OKCoin.
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I’ve not disectd the paper at length but have been asked by many friends on what does it mean for the bitcoin. Global Settlement plays important role in the equilibrium price of DAI. To understand this, let’s assume a situation in which intrinsic demand for DAI is zero. The only value of DAI would come from its future claim on ETH collateral. AS a result, the market value of 1DAI would be equal to the probability of GS. The stability will results in demand for DAI and hence a price rise to its target price as long as supply of DAI to the market stays below the demand for DAI.
Cryptocurrency trading bots can be an extremely handy tool for traders, but only when used properly. Copy trade features, such as is found on a platform like eToro, is an example of a trading bot. In this case the bots just automatically mimics other traders.
This tool securely connects to all of your crypto exchanges at once to manage your holdings. B-Cube prices their service based on which trading bot you want to use. Each bot’s price is based on its historical gains over the past year of trading. You can start making money with a crypto trading bot for just 19 Euros per month.
Bittrex is a Seattle-based cryptocurrency exchange platform founded in 2014. Currently, there are over 150 cryptocurrencies listed on the platform for trading. However, it’s not easily accessible for Canadians. The platform does not accept CAD fiat to fund your account, nor is the platform regulated. That means you could lose access at any time if Canadian regulators decide to ban Bittrex. To usethe Bitvo platform, you need to fund your account with Canadian dollars.
3rd party vendors are not more than your corner convenience store where you go when you need something in emergency, but weekly/monthly grocery is through Walmart or any big retail store. While price is certainly a factor, availability everything under one roof is also very convenient. Same is the case with bank however as opposed to big shop pricing discount services at bank are often expensive as opposed to 3rd party.
Cryptocurrency selloff causing attractive opportunities to arise…
Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder.com compares a wide range of products, providers and services but we don’t provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Trading bots are computer programs that log in to cryptocurrency exchanges and automatically make trades on your behalf.
Each one has its own risks and benefits that may or may not align with your experience level or risk tolerance. The best cryptocurrency platform for you is the one that meets your personal needs and goals. Bitfinex pretty different from Bittrex in terms of reputation and operating.
Bruised Ethereum faces further downside, though long-term outlook rosier
At first glance, the platform looks like a menu with giant letters that make it impossible for someone to get lost inside the interface. Users will be able to see different options such as Leveraged Trading, Account, FAQ, Rules and Customer Service at the top of the menu. To review the markets and place orders, traders should go to the “Leveraged Trading” section.
- Coinrule is an automated crypto trading bot platform that uses AI to understand trade signals and analyze the crypto market for favorable opportunities.
- We got a grab a book from our area library but I think I learned more from this post.
- As much as I love bitcoin, matter of fact is that bitcoin wont’ work with security tokens & there has to be a different chain to accommodate this use case.
- If you use Bitcoin to pay bills, the fees are tiered based on your daily volume and range from 0% – 1.25%.
You can leverage the signals to get the best coin pairs that will fetch you the most profit. KuCoin is totally free to use, except for the trading fee, which you will pay when you trade coins on the exchange. Trality has four pricing plans – Pawn, Knight, Rook, and Queen. The Pawn plan is free of charge but with limited features. The Knight, Rook, and Queen plans cost €9.99, €39.99, and €59.99 respectively.
Perhaps recover the bitcoin you sent to a scammer? I did send a mail to them on ( ), I must say it was an amazing feeling, although I had to sacrifice my 10% to them fo the service well done. You can also buy and sell crypto assets using https://forex-review.net/ a credit card, which a lot of other crypto trading bots don’t offer. B-Cube is an AI crypto trading bot for traders, investors, and anyone in between. This bot lets you connect to your favorite crypto exchanges and trade on auto-pilot.
However, the policies of such anonymous bitcoin brokers can change any time, so you shouldn’t be surprised when they ask for an ID one day, too. Gemini is a well-designed trading platform that offers users a crisp, sophisticated, and easy-to-navigate interface that seamlessly appeals to both new and veteran crypto investors alike. You can make trades at the tap of a button and use the Active Trader platform for more advanced robust features.
Bittrex Referral program
If you look at any financial institute, they’ve to dependent on SWIFT or central bank network for transfer of fund. Through BTMs foundation of an independent financial system that be laid which can be built parallel to legacy. This system have it’s own rail tracks allowing more flexibility.
The content on this site is for informational and educational purposes only and is not intended as a substitute for professional financial advice. Always consult with a licensed financial or tax advisor before making any decisions based on the information you read on this blog. Low trading fees at 0.20% and multiple fiat currencies supported.
The platform offers a safe cryptocurrency exchange which reflects the fact the platform was never hacked. I was scammed on investing in bxtcoin dotcom Ensuring a guaranteed return. This was one of the biggest mistakes of my life, after which i got blocked and couldn’t contact them anymore. I’m doing bittrex review this because i know there are people out there falling for everyday scams, send a message to emendjames105 at gmail dotcom and get your money back . Contact this via mail ( () he will help you recover your funds. Have you ever thought of recovering your bitcoin from bogus trading platforms?
Altcoins also known as shit coins have diluted the space but they’ve a reason to exist. It wasn’t possible to transact online without using a 3rd party. Now we have tools to hedge, lend, borrow that are gaining popularity on the internet as well.
This guide from finder will tell you everything you need to know. When other traders are dumping their bags, it may be the time to deploy that cache of fiat you’ve been saving up. This article explores the strategies pro traders use to buy the dip. Yes, it is legal to use bots to buy and sell cryptocurrency. Based on this assumption, you can program a bot to execute trades depending on where the price of the currency sits in relation to its historical average.
The per capita GDP is especially useful when comparing one country to another, because it shows the relative performance of the countries. A rise in per capita GDP signals growth in the Economy and tends to reflect an increase in productivity. The United States of America has the world’s biggest national economy and one of the wealthiest nations on the planet. With a GDP of $62,152, the country thrives on its entrepreneurial economy driven by the natural resources.
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Just how bad household financial health is is revealed by the latest NCRB data on suicides. Going ahead, global recession looms larger with every passing month. India’s GDP growth in the first quarter of FY23 at 13.5% is already well below the RBI’s last month projection of 16.2%.
The share of the bottom 50% decreased to its lowest levels since 1995 to 5.9%. In 2020, the share of the top 10% was 63.94%, in 2019, 64.05%. And the share of the bottom 50% in 2020 was 6.02%, and in 2019, 6%. While faster economic growth and the government’s policy focus on healthcare schemes since 2005 have made a distinct improvement for India, there is still a long way to go.
Detoxify Your Spirit at These Incredible Locations of India
Sikkim ranks second in the country with a per capita GDP of $20,098 which is like Belarus which has a GDP per capita of $20,099. The NCT of Delhi follows Sikkim at third place with a GDP per capita of $17,808 and finds itself at par with North Macedonia ($17,583). For example, when we hover over Goa, we see that the GDP per capita is $21,922.
The entry threshold of top 0.1% was €693,000 in 1995 and is €16,666,000 today. It also shows that women in India have a much lower share in labour income compared to their global peers. India has become the world’s fifth-largest economy after it overtook the United Kingdom in end-March 2022, according to the latest calculations by Bloomberg. While this was anticipated for a while, Bloomberg reached this conclusion by using the IMF database and historic exchange rates.
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At the start of the 19th century, the UK’s share in extreme poverty was considerably higher than India’s.However, the relative positions have reversed even though India has made giant strides in curbing poverty. https://1investing.in/ Iceland has a free market economy with relatively low taxes compared to other OECD countries. Singapore’s economy is one of the freest, most innovative, competitive and business-friendly nations.
One of the world’s happiest nations, Netherlands has a capitalist market-based economy, ranking 13th out of 157 countries according to the Index of Economic Freedom. Per capita income is the earnings of each person if the national income is evenly divided among the country’s population. The Citi study relies heavily on India’s two dividends – demographic and democratic.
India needs to go for open trade
For comparison, Brazil spent approximately 6 per cent of its GDP on education and 9.5 per cent of GDP on health in 2019. On the revenue side, the Goods and Services Tax is a landmark achievement that has simplified India’s complex system of indirect taxation and expanded the number of registered taxpayers. Its efficacy will be more fully revealed in the years to come. Cuba egregiously and tragically fails to honor this first principle of justice. The one permitted political party in Cuba tolerates no formally organized factions.
With the population of approximately 2.27 million, the tiny land of Qatar is the richest country in the world as per capita. Despite lower hydrocarbon prices, which caused a major drop in its revenue in 2017, Qatar yet made it on the top of the spot. The credit to its growing economy goes to the product of petroleum and natural gas. India has become the world’s fifth-largest economy, after overtaking the UK.
Austria is one of the richest countries in the world with a high standard of living. In 2011, it was ranked 19th in the world for its Human Development Index. Norway is the second wealthiest country in the world in monetary value, with the largest capital reserve per capita of any nation.
Fertility rates of increasingly educated urban and rural Indian women will dip from today’s 2.6 to 1.7, which is when a country’s birth and death rates equalise. As a contrast to the South Korean growth story,Figure 3illustrates Brazil’s per-capita GNI between 1992 and 2021. Brazil is a textbook example of a country that has fallen into the “middle-income trap”—the failure to transition from a middle-income country to a high-income country.
You must have often heard the term “per capita income” or read it in the newspaper in the economic section. Not only that, but almost all of us have learned about this term sometime in our growing years. But what does the term per capita income actually mean and why is it so important in the world of economics? Per capita income is often used in economic or business fields in order to measure by individuals in a population.
- A universal basic income financed by helicopter money may perversely increase uncertainty.
- FY18/19 and FY19/20 figures were taken from the fourth quarter financial report.
- It wasn’t till 1981 that India had a per capita income of $977, beating that of Britain in 1600.
- Looking at the period from mid-February through May 2020, researchers reported 206,000 more deaths than would have been expected without the pandemic.
- However, here are five charts that should serve to see this development in perspective.
- Education reform must start with government-run primary schools.
When the World Economic Outlook data was released by the International Monetary Fund in October last year, it had also projected Bangladesh to surpass India in terms of per capita GDP in dollar terms in 2020. CAs, experts and businesses can get GST ready with ClearTax GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. ClearTax can also help you in getting your business registered for Goods & Services Tax Law.
About The Report:
The declared “special period” is now past, though no official announcement of an end has been issued. The Cuban economy has registered entirely respectable growth rates since the 1993 bottom. The first decade after the fall of Batista was tumultuous, not least economically. A half century later, in 2001, Cuba was the third poorest country in Latin America as measured by per capita GDP. In two generations, Cuba fell from ranking as one of the more prosperous countries in Latin America to being one of the poorest. More recently the Cuban economy has grown respectably, but it is too soon to pronounce a trend.
This also tells us how the economy does during one period impacts the next considered period. So, looking at just one period and coming to conclusions is not the right way to go about things. States forming the erstwhile Soviet Union split in December 1991, and many countries were formed. Along similar lines, the boundaries were redrawn in Eastern Europe, and new countries came into existence. A simplistic view of it might suggest that India was in a better situation in 1981 and 1991 than in comparison to where it is now. After the Berlin Wall fell in November 1989, the geography of a large part of the world changed.