Search Results for: employment
France Just Quietly Killed Off Its Failed 75% Super-Tax
January 2nd, 2015
The eye-catching and eye-watering 75% payroll tax rate in France was quietly killed off by the government yesterday, after failing to raise significant revenue. The tax was also accused of driving high earners away from France. The tax raised only ...
Eurozone business activity grew at a slightly faster rate in December
December 16th, 2014
Eurozone business activity grew at a slightly faster rate in December, but the pace of expansion was still one of the weakest seen over the past year. The Markit Eurozone PMI (purchasing managers’ index) rose from November’s 16-month low ...
RBS and Lloyds scrape through BoE stress tests as Co-op fails
December 16th, 2014
Royal Bank of Scotland (RBS) and Lloyds Banking Group scraped through the Bank of England’s stress tests with only Co-op of the eight institutions under scrutiny failing to meet the capital requirements. Although RBS and Lloyds were deemed ‘susceptible ...
How to deal with Europe’s ailing economy?
December 15th, 2014
There has been a lot of discussion lately in Europe and especially at the European Central Bank (ECB) headquarters for the need (or not) of non-conventional monetary tools to revive Europe’s ailing economy, such as Quantitative Easing (QE). On ...
Federal Reserve will decide this week for widen the door for interest rate hikes next year
December 15th, 2014
Federal Reserve officials will decide this week whether to make a critical change to their policy statement that would widen the door for interest rate hikes next year and effectively bet the United States will continue to shine in ...
Weekly Market Review – Video
December 12th, 2014
The growth of US dollar rate may continue As expected, positive macroeconomic data boosted the US dollar index last week. A report on Tuesday indicated Construction spending in October increased: it confirmed the recovery of the US real estate ...
Technical Analysis: Currency pairs – Dec 12
December 12th, 2014
Technical Analysis for December 12, 2014 EUR/USD moves downwards to 1.24 level and breaks to 1.237. Currently it is gaining the lower momentum and will keep pushing sideways around 1.24 – 1.25. A break higher than 1.25 will target ...
Dollar Gains as Retail Sales Rise Most in 8 Months; Yen Declines
December 11th, 2014
The dollar rose for the first time in four days as a report showed retail sales climbed the most in eight months in November, indicating a strengthening U.S. economic recovery amid sluggish global growth. The greenback gained versus most ...
Technical Analysis: Currency pairs – Dec 11
December 11th, 2014
Technical Analysis for December 11, 2014 EUR/USD keeps moving higher threatening the bear trend. Currently EUR/USD traded around 1.249 level and keeps moving higher. A break of 1.25 will eventually target 1.26 next and a down movement to 1.245 ...
Audit Office says benefits fraud and error costs £72m
December 9th, 2014
Benefit overpayments due to fraud and error in Northern Ireland rose to £72m in 2013, according to figures contained in an Audit Office report. The 2013 total is an increase of £3m on the previous year and relates to ...
