Search Results for: US economy
Liechtenstein and Peru removed from EU “gray” list of tax havens
October 5th, 2018
Liechtenstein and Peru are compliant with EU laws on tax after implementing necessary reforms and were therefore removed from EU “gray” list of tax havens, the Council of the European Union said Tuesday in a statement. In late 2017, ...
Dollar stands tall, euro sags as Italian political woes bite
October 3rd, 2018
The dollar stood near a one-month high against its peers on Wednesday as concerns as political wrangling over Italy’s budget plan rattled market sentiment and weighed on the euro. The greenback rose as the euro slumped after a senior ...
European shares dipped on Friday
October 1st, 2018
European shares dipped on Friday after the Italian government agreed to set a higher than expected budget deficit target that could put Rome on a collision course with Brussels. Shares in Italian banks, whose big sovereign bond portfolios makes ...
The dollar stood tall against its peers; Euro lost more than 0.9 percent this week
September 28th, 2018
The dollar stood tall against its peers on Friday, hovering near a nine-month high versus the yen, after data reinforced upbeat views about the U.S. economy and backed the Federal Reserve’s signal for a steady course of rate increases ...
European Commission released VAT Gap Frequently asked questions
September 27th, 2018
The European Commission has published a Fact Sheet with Frequently asked questions about the VAT Gap, that refers to the overall difference between the expected VAT revenue and the amount actually collected. VAT Gap: Frequently asked questions What is VAT? ...
Asian Stocks Mixed, Yen and British Pound were steady; Key financial events coming up
September 26th, 2018
Asian stocks were mixed as traders awaited the Federal Reserve meeting. U.S. Treasuries were steady, with yields near the seven-year highs reached in May. Japan’s Topix index retreated from its highest in almost eight months. Stocks rallied in Hong ...
France introduces new ICO framework to become Europe’s ICO hub
September 20th, 2018
The French authorities have accepted the legal ICO framework drafted in early 2018. The framework is an important part of a push to turn the country into an ICO hub. Recently, Belgian think tank Bruegel released a report calling ...
British pound slips from six-week highs before EU summit
September 19th, 2018
The British pound pulled back from six-week highs on Tuesday as traders booked profits and investors struck a more cautious note about progress towards a Brexit deal ahead of a European Union summit this week. Sterling has rallied around ...
European stocks keep steady; The pan-European STOXX 600 rose 0.1 percent
September 18th, 2018
The pan-European STOXX 600 reversed early losses to rise 0.1 percent at the close, while Germany’s DAX, home to large exporters and carmakers, was down 0.2 percent. Wall Street opened slightly lower but the dip did not change the ...
Positions, problems and prospects of EU ‘digital tax’ proposal
September 14th, 2018
Explained: The EU ‘Digital Tax’ Scramble EU finance ministers met last weekend for the fourth time this year to agree on a tax levy targeting large digital multinationals such as Apple, Facebook and Google – yet the political battle ...
